Revenues over US$ 150 Mn will be Accounted by Synthetic Quartz Market by 2029-End
                     Synthetic Quartz Market 
March 2020 Report Id : REP-AS-10880
Published On : Jan-2020
Category : Chemicals and Materials
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(manufacturers), distributors, retailers Primary 
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4 FMI conducts interviews with industry SOLUTION
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Data is validated by triangulation Key strengths Company 
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Synthetic Quartz Market  Analysis
Demand for Synthetic Quartz on Upswing with Expansion of Electronics & Semiconductor Industry; 
Quartz Crystal Gaining Traction& Semiconductor Industry; Quartz Crystal Gaining Tract
• The global market value of synthetic quartz is nearly US$ 85 Mn, and the electronics industry accounts 
for more than 3/4th of total sales. 
• As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set 
for notable growth during 2019 – 2029.
• The electronics industry solely relies on components such as semiconductors, optical fibers, and solar 
cells. These electronic components utilize synthetic quartz crystal due to its important intrinsic 
properties. 
• Technological developments are driving the need for high-performance electronic equipment, and 
have subsequently propelled the sales of synthetic quartz.
Press Release Source: https://www.futuremarketinsights.com/press-release/synthetic-quartz-market 
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Synthetic Quartz Market  Analysis
Key Takeaways - Synthetic Quartz Market Report
• Synthetic quartz crystal is expected to grow at a higher rate, increasing its market share on account of 
growing use in end-use industries during the forecast period.
• The semiconductor industry places the most stringent requirements on quartz purity, creating positive 
impact on demand for synthetic quartz.
• East Asia holds a prominent share of the synthetic quartz market due to presence of strong electronics 
and automotive sectors in countries such as China, South Korea, and Japan. China is one of a major 
producers and exporters of electronics. Moreover, it has good production to sales ratio (appx. 98%) for 
electronics. South Korea has a significant share in the global automotive sector.
• Synthetic quartz and competitive products are gaining more attention from EUV lithography market 
players.
• Developing countries have witnessed growth in per capita income, especially in rural areas. Ease of 
buying electronic appliances has driven the growth of synthetic quartz components in developing 
countries.
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Synthetic Quartz Market  Analysis
“Rising adoption of new technologies in electronics & communication and rapid evolution of automotive 
industry is expected to fuel the growth of global synthetic quartz market.”
For additional information, write to the analyst at [email protected]
Market Landscape Moving towards Consolidation
• The synthetic quartz market is highly technology-driven and is dominated by a handful of players with 
extensive R&D capabilities. 
• Tier-I manufacturers in the global synthetic quartz market, Kyocera, Murata Manufacturing, Hereaus 
(Shin-Etsu), Asahi Glass Company, and others are focusing on joint ventures, partnerships, and 
collaborations to build on their product expertise and enhance market dominance.
What Does Future Hold?
     Increasing purchasing power of customers from developing regions and ease of purchasing electronic 
appliances is expected to drive the growth of the synthetic quartz market. Moreover, on account of 
increasing use of synthetic quartz in optical communication, recent developments and growth in optical 
industry, the synthetic quartz market is projected to witness robust growth during the forecast period.
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Synthetic Quartz Market  Analysis
More from FMI’s Chemicals & Materials Market Intelligence:
• Ceramic Sanitaryware Market
• India Construction Chemical Market
• Corrosion Protective Coatings Market
Interested in Learning More About Report Inclusions?
• Future Market Insights has published a market research report on the synthetic quartz market that 
contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. 
• The report provides insightful analysis of the synthetic quartz market through three different 
segments- product type, end-use industry, and region. 
• The synthetic quartz market report also provides demand trends of different types across industry 
verticals, a comprehensive list of service providers in the market, various projects around the world, 
along with a detailed overview of the parent market.
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Synthetic Quartz Market  Analysis
About Chemicals & Materials division of FMI
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materials industry. 
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Synthetic Quartz Market  Analysis
About Us
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delivers a complete packaged solution, which combines current market intelligence, statistical 
anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive 
framework and future market trends.
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