Global Synthetic Quartz Market Overview:
The global synthetic quartz market is expected to witness significant growth during the forecast period due to increasing demand for smartphones and connected devices and the rising adoption of 4G and LTE networks. The synthetic material has approximately the same chemical and physical properties as the original. Most of the synthetic quartz is hydrothermally developed under pressure and at medium temperature. Crushed natural quartz or pure silicon dioxide can be used as a starting material. Quartz is synthetically formed to accommodate the resource-heavy application of manufacturing electronic devices which uses quartz resonators to generate waves of a fixed frequency or change resonance at a given frequency to a current. Some of the key players profiled in the study are Murata Manufacturing (Japan), TXC Corporation (Taiwan), Shin-Etsu Chemical (Japan), Nihon Dempa Kogyo (Japan), CoorsTek (United States), Seiko Epson Corporation (Japan), AGC Inc. (Japan), Siward Crystal Technology (Taiwan), Heraeus Holding (Germany) and Tydex (Russia).
On the basis of geography, the market of Synthetic Quartz has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Color, the sub-segment i.e. Citrine (Yellow) will boost the Synthetic Quartz market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Smartphones and Connected Devices
- Rising Adoption of 4G and LTE Networks
Market Trend
- Growing Demand for Advanced Electronic Devices and Equipment from the Healthcare Industry
Restraints
- High Cost of Synthetic Quartz
Opportunities
- Growing Adoption of Advanced Automotive Electronics
Challenges
- Stability and Quality Concerns in Low-Cost Synthetic Quartz
Leading players of synthetic quartz are focusing on strategic partnerships to improve their products and services and also they are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Target Audience:
Manufacturers of Synthetic Quartz, Suppliers of Synthetic Quartz, Electronic Industry, Construction Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Synthetic Quartz market on the basis of product [Synthetic Quartz Crystal, Synthetic Quartz Glass and Others] , application [Electronics & Electrical, Automotive, Construction and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Synthetic Quartz market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Synthetic Quartz industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Daishinku Corporation (KDS) (Japan), Tosoh Corporation (Japan) and Kyocera Corporation (Japan).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Synthetic Quartz market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.