Global Quartz Glass Market: Market Driver and Restraint
Applications of Quartz Glass are anticipated to create new business segments in the market. Quartz Glass is in use for a broad range of Lamp and Lighting Industry products such as electric, electronic & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Quartz Glass application is developed towards a more active mode.
Manufacturers are exploring the potential of Quartz Glass in Semiconductor Industry. Application of Quartz Glass in 3D-shaped microstructures of glass are gaining traction in the recent years. Recently, manufacturers have started using Quartz Glass in the Communications Industry area. Further, there are also potential uses in the areas of eyeglasses meeting special requirements to lenses in laptop cameras.
Global Quartz Glass Market: Forecast by Standard
This segment includes High Purity Quartz Glass Product, Ordinary Quartz Glass Product, etc. In terms of volume, High Purity Quartz Glass Product segment is expected to remain dominant in the global Quartz Glass market.
Global Quartz Glass Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. Europe is the dominant market in the global Quartz Glass market in terms of value. The Europe Quartz Glass market was estimated to be valued at US$ 1,296 Mn in 2017 and is expected to expand at a value CAGR of 2.5% over the forecast period. The North America market is expected to expand at a robust rate of 2.7% in terms of revenue over the forecast period due to the steadily increasing production capacity for electric products in this region.
Global Quartz Glass Market: Key Players
Heraeus, Tosoh, Momentive, QSIL, MARUWA, Raesch, Saint-Gobain, Feilihua, JNC QUARTZ, Jiangsu Pacific Quartz, Lianyungang Guolun, Quick Gem Optoelectronic, Yuandong Quartz, Dongxin Quartz, Fudong Lighting, Kinglass, Ruipu Quartz, etc. are the key vendors included in this report.
The market concentration of Quartz Glass is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 40.00% of sales. Heraeus Chemical is by far the leader, followed by Tosoh and Momentive. Key Vendors like QSIL, MARUWA, and Raesch, also play important part in regional market, so the market share in each region is quite different.
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