Global High Purity Quartz Sand Market is Projected to Reach USD 851 million USD by 2025

The global High Purity Quartz Sand market size will reach 851 million USD by 2025, from 579 million USD in 2017, growing at a CAGR of 5.3% during 2018-2025. In the past several years, the global High Purity Quartz Sand market developed rapidly and the market is dominated by few players from Europe United States and China. The top three players occupied for nearly 90 percent of global market. In future, the players from Australia will play more important roles.

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Europe and North America play important roles, Asia Pacific is the fastest growing regions, especially in China, Japan and Korea. In future, the market will be driven by the demand from North America, Europe, China, Japan and Korea, especially the demand in batteries industry, due to the fast-growing electric vehicle market in China, Europe and North America.

Global High Purity Quartz Sand Market is Projected to Reach USD 851 million USD by 2025

This report studies the High Purity Quartz Sand, the SiO2 content is more 99.99%, and Fe2O3 content is less than 0.001%. Used in the fabrication of integrated circuits, solar photovoltaic cells, and high-intensity lighting. The typical high purity quartz sands are IOTA® high purity quartz sands, made by Unimin Corporation.

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In next few years, several new entrants will expand the High Purity Quartz Sand production capacity, especially the entrants from Australia, like HPQ Materials, Creswick Quartz, Australian Silica Quartz Pty Ltd and Solar Quartz Technologies Limited(SQTX) etc. Other entrants like Nordic Mining, I-Minerals and Suricate Minerals also have planned to develop the High Purity Quartz Sand in future.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The Global High Purity Quartz Sand Market Research Report 2018 report released by QYResearch provides a basic overview of the High Purity Quartz Sand industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the High Purity Quartz Sand industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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