high purity quartz sand market Overview Share, Brand Players, Trends, Segmentation & Forecast To 2030

Market Research Future (MRFR) in its recently published study report asserts that the revenue contribution of the high purity quartz sand market is expected to increase substantially by 2027, registering a CAGR of 9.8% throughout the forecast period (2017 to 2027).

High Purity Quartz Sand (HPQS) is a high-end electronics-compliant material which makes it a primary feedstock essential in the manufacturing of photovoltaic (PV) Solar Cells and all electronics and semiconductor production materials. Although HPQS deposits are rare is an important mineral with numerous uses including a primary ingredient for the manufacture of glass, in electronics, as oscillators in radios, watches, and pressure gauges, and in the study of optics.

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Major Players:

Key players leading the global high purity quartz sand market include Sibelco, The Quartz Corporation, Creswick Quartz Plt Ltd., Lianyungang Donghai Colorful Mineral Products Co., Ltd., Momentive, HPQ materials, Jiangsu Pacific Quartz Co., Ltd., Mineracao Santa Rosa, Kyshtym Mining, and Nordic Mining ASA among others.

In the computer industry, HPQS is essential as the important silicon semiconductors are made from Quartz. Besides, it is also used as an abrasive for sandblasting, grinding glass, and cutting soft stones. Furthermore, high purity quartz sand is primarily used in the making of fiber optics which is witnessing a huge prominence due to the demand for high-speed internet around the world.

Despite the challenges of limited resources and strong entry barriers, the global high purity quartz sand market is growing pervasively. In 2017, over USD 627,300 MN worth HPQS was shipped globally. The increasing development Over the past few years that are led by market competition in the area of telecommunications is escalating the HPQS market on the global platform, creating a huge demand.

Players operating in the high purity quartz sand market are focusing on end-market specifications to counter the ongoing economic vulnerability caused by rising socio-political uncertainties that are affecting international trade.  Quartz deposits are found in most places on earth; however, the supply of HPQS remains extremely limited. Hence, although the demand for premium grade quartz continues to accelerate, expansion of supply chain remains negligible.

Such factors are expected to influence industry trends in the upcoming years. In addition to all the practical uses, HPQS is essential to the gem trade as good luck charms or aesthetics.  Small colored and colorless Quartz crystals are embedded in jewellery and aesthetics.

Global High Purity Quartz Sand Market – Segments

For ease of understanding, the market has been segmented into three key dynamics: –

By Type                : High Grade, Medium Grade, and Low Grade.

By Application  : Microelectronics, Solar Energetics, Lighting, and Fiber Optics among others.

By Regions                          : North America, Asia Pacific, Europe, and the Rest-of-the-World.

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Global High Purity Quartz Sand Market – Geographical Analysis  

The Asia Pacific region, heading with the high use of the product in the solar energetics industry, is expected to continue with its dominance over the global high purity quartz sand market.

The high purity quartz sand market in North America accounts for the second-largest market, globally. The presence of key market players impacts the market growth in the region, meeting increasing the demand for microelectronics. Additionally, the increasing uptake of the product led by the high demand from the various burgeoning industries such as solar energy, lighting, and fiber optics propels the growth of the market in the region.

Europe high purity quartz sand market has become one of the promising markets, globally. Factors substantiating the demand and growth in the market include the growing applications of the product in some of the burgeoning end-user industries like electrical & electronics. Furthermore, the augmenting demand for high purity quartz sand in the various burgeoning sectors such as fiber optics will contribute to the regional market, majorly.

Global High Purity Quartz Sand Market   – Competitive Landscape

Highly competitive, the high purity quartz sand market appears to be fragmented owing to the presence of several well-established players. These players are focusing on optimizing situational awareness towards customers to ensure their mission success.  They seek market expansion through various strategic initiatives such as capacity development, M&A, and increasingly invest in developing cost-effective product portfolio.

Industry/Innovation/Related News:

March 7, 2019 — I-Minerals Inc. (Canada), a leading global company involved in developing multiple deposits of high purity, high-value quartz announced amendments in its Bovill Kaolin Project Development Plans. The highlight of these updates includes the reorientation of the Bovill Kaolin Project (BKP) towards establishing the viability of an initial operation with low- cost capital and a focus on quartz, metakaolin and halloysite.

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