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Growing Promise of Solar Power's Disruptive Potential Driving Quartz Glass Market on an Upward Trajectory: TMR

Semiconductor segment to be a prominent application in the market, contributing to significant growth over the forecast period

Increasing demand for optical fiber to propel market on an upward facing curve

Asia Pacific to grow at a notable rate, laying claim to a sizeable share of the global quartz glass market

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News provided by

Transparency Market Research

Jun 03, 2020, 06:30 ET

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ALBANY, New York, June 3, 2020 /PRNewswire/ -- Steady growth is projected for the global quartz glass market over the period 2020 to 2030, in which a CAGR of about 5% would be recorded. Factors such as increase in demand for the product for use in several electronic applications are driving the market to a higher worth of about USD 3 billion.

As per Transparency Market Research, "Technological advancement has brought about innovation in production and processing technique. This is fuelling growth in the market in a major way. Another factor that is paving way for growth in the market and deserves a mention here is research and development in the IT and the medical sector."

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=73537

Key Findings of Global Quartz Glass Market Study:

  • In 2019, the semiconductor segment was at the forefront of growth and the trend is set to continue into the forecast period owing to industry's stringent purity related regulations
  • Development of solar energy capability across nations will make the photovoltaic segment quite lucrative over the coming few years
  • Synthetic quartz glass segment to account for a notable market share over the forecast period

Explore 231 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Quartz Glass Market (Product: Natural Quartz [Clear Rings & Plates, Opaque Rings & Plates, and Quartz Rods & Tubes] and Synthetic Quartz [Rings & Plates and Rods & Tubes]; and Application: Photovoltaic, Semiconductor, Optical Fiber, Water Purification, Lighting, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030, at https://www.transparencymarketresearch.com/pressrelease/quartz-glass-market.htm

Key Drivers of Growth in Global Quartz Glass Market:

Several trends and drivers that are marking the landscape of global quartz market have been identified by Transparency Market Research. It notes how the interplay leads to buoyancy in the market. A glimpse is provided below:

  • Innovation is set to lead manufacturers of quartz glass to lucrative opportunities of growth; increase in production capacity will boost growth further
  • Demand in semiconductors industry is growing and this will drive market forward over the forecast period
  • Better internet penetration and growing demand for improved network bandwidth is paving way for high growth trajectory in the future
  • Demand for photovoltaic cells is growing due to increase in need to develop renewable energy

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/73537

Regional Analysis of Global Quartz Glass Market:

  • Dominance of Asia Pacific (APAC) region noted in the year 2019 will continue into the forecast period stated above; North America is set to follow in terms of market share
  • Increase in research and development activities – directed towards developing and harnessing solar energy will be one of the primary factors of growth in APAC
  • Europe will also lay claim to notable share of the market owing to presence of strong players in the electronics and automotive industry

Analyze global quartz glass market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Landscape of Global Quartz Glass Market:

Key players functioning in the global quartz glass market are Heraeus Holding, Tosoh Quartz Co., Ltd., Shin-Etsu Chemical Co., Ltd., Squall International BV, MARUWA Co. Ltd., and Momentive Performance Materials Inc., among others.

The players are profiled in the global quartz glass market report prepared by Transparency Market Research. Details on company overview, financial overview, strategies and products are provided into the analysis of competitors' landscape.

It is quite pertinent to note here that several strategies across a wide spectrum of organic inorganic are deployed by market players to consolidate their position. A major focus is at the expansion of production capacities and increase in research and development (R&D) activities.

Purchase Premium Research Report on Global Quartz Glass Market @ https://www.transparencymarketresearch.com/checkout.php?rep_id=73537&ltype=S

Global Quartz Glass Market: Segmentation

Quartz Glass Market, by Product

  • Natural Quartz
    • Clear Rings & Plates
    • Opaque Rings & Plates
    • Quartz Rods & Tubes
  • Synthetic Quartz
    • Rings & Plates
    • Rods & Tubes

Quartz Glass Market, by Application

  • Photovoltaic
  • Semiconductor
  • Optical Fiber
  • Water Purification
  • Lighting
  • Others (including Automotive and Communication)

Quartz Glass Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the global Chemical and Materials industry,

Carbon Black Market - The global carbon black market is anticipated to expand at a CAGR more than 4% from 2018 to 2026 and reach value of US$ 23.9 Bn by 2026. In 2016, the reinforced grade segment held a major market share of more than 65%, in terms of both volume and value.

Carbon Nanotubes Market - The global carbon nanotubes market was valued at US$ 1.6 bn in the end of 2016, and is expected to swell to US$ 6.9 bn by the end of 2023. With several growth factors, the market is predicted to grow at 22.1% CAGR between 2015 and 2023.

Specialty Enzymes Market - The global specialty enzymes market is expected to be worth US$3,726.4 mn by the end of 2025 from US$1,782.0 mn in 2016. The report projects that the global market is likely to rise at a CAGR of 8.7% between 2017 and 2025.

Hindered Amine Light Stabilizers Market - The hindered amine light stabilizers market is estimated to grow at a moderate CAGR of ~5% during the forecast period. This growth is largely driven by the increasing adoption of industrial and architectural coatings wherein hindered amine light stabilizers are used. 

Magneto Rheological Fluid Market - The global magneto rheological fluid market is projected to expand at an impressive CAGR of ~21% during the forecast period. Surge in demand for 'smart materials', increase in awareness pertaining to the benefits of magneto-rheological fluids, and rise in investments in research and development activities are some of the major factors that are likely to propel the growth of the magneto rheological fluid market.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected] 
Website: http://www.transparencymarketresearch.com

SOURCE Transparency Market Research

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