High Purity Silica Sand Market to CAGR 9.87% by 2030
Market Research Future (MRFR) examined the High Purity Silica Sand Market 2022 over the analysis period to 2021 to 2030. By 2030, the high purity quartz market may increase by 9.87% CAGR. The market value of high purity silica sand may reach $627,300,000 by 2030. The expansion of the high purity marker quartz market can be attributed to the increase in electronics manufacturing due to the increasing demand. Increasing awareness of high purity, inertness, high temperature resistance, durability and light transmittance, which are advantages of high-quality quartz, can support the rise of the market. High-purity quartz sand is the coveted material for production in electronics manufacturing, which is used on a large scale across all industries. Modern electronic components such as fiber optics, solar energy and lighting products require a significant amount of high-purity silica sand as the starting stone, and an increase in its demand can support the rise of the market during the analysis period. The increase in the number of suppliers of high-quality silicon wafers may also fuel the market rise in the near future.
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• Quartz Corporation
• Creswick Quartz Plt Ltd.
• HPQ Materials
• Santa Rosa Mining
• Jiangsu Pacific Quartz Co.Ltd.
• Kyshtym mining
• Nordic Mining ASA
The segmental study of the High Purity Quartz Sand market is done by Type and Application. The type-based segment of the high purity silica sand market is intermediate grade, low grade and high grade. The high-value segment can generate over $356,400,000 in market revenue by 2030. The mid-range segment may see growth at a significant CAGR through 2030.
The application-related segments of the high-purity silica sand market include solar energy, lighting, fiber optics and microelectronics. The microelectronics…