Synthetic Quartz Market to Outgrow and Reach USD 112.3 MN by 2026
Posted On June 26, 2020
Value Market Research has conducted a research on the Global Synthetic Quartz Market in which it is expected to grow in the coming years from USD 79.8 MN in 2019 to USD 112.3 MN by 2026 at a CAGR of 5% during 2020-2026. Synthetic quartz is produced using a hydrothermal synthesis method in autoclave reactors. The raw material required to produce the synthetic quartz includes silica sand, soda ash, and dolomite. Synthetic quartz is coated with metal vapours to enhance the appearance. Synthetic quartz offers various applications in the automobile, electronic, and construction industry. In the electronic industry, the product is mainly applied in electronic devices such as digital cameras, TVs, smartphones, personal computers, and other products.
The wide range of functional applications of the synthetic quartz is fuelling the global market. The increasing demand for electronic devices and the growing construction industry further accelerate the market. The household consumers are also contributing the market as synthetic quartz such as glass and crystals are widely by the household users. The global pandemic COVID-19 is likely to affect the global synthetic quartz market as the production, raw material, and supply chain is largely disrupted.
The study "Global Synthetic Quartz Market Report By Product Type (Crystal, Glass), By Application (Construction, Electronics, Automotive, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026" covers key market statistics with regional segmentation. The data collected by primary and secondary sources, is analysed by industry experts along with the considerations to the economic and political factors. The report is segmented into chapters analysing all the segments individually and regional bifurcation is also done in detail.
By product type the synthetic quartz market is bifurcated into crystal, glass. On the basis of application the market is bifurcated into construction, electronics, automotive, others.
Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Synthetic Quartz Market -
By Product Type
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Nihon Dempa Kogyo, TXC Corporation, Kyocera, Murata Manufacturing, Seiko Epson, Asahi Glass, Coorstek, Daishinku Corporation (Kds), Donghai County Jinglei Quartz Products Co. Ltd., Heraeus Holding, HTL Industries Sdn Bhd.
Download the FREE SAMPLE of Global Synthetic Quartz Market Research Report
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