The report provides a valuable source of insightful data for business strategists and competitive analysis of Quartz Glass Market. It provides the Quartz Glass industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Tire Quartz Glass study provides comprehensive data which enhances the understanding, scope and application of this report.
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The Global Quartz Glass market has been analysed By Product Type (High Purity Quartz Glass Product, Ordinary Quartz Glass Product), By End-User Industry (Lamp & Lightning Industry, Semiconductor Industry, Communication Industry, Photovoltaic Industry, Others). The Global Quartz Glass market has been analysed By Region (Americas, Europe, APAC, ROW) and By Country (United States, Canada, Mexico, Brazil, France, Germany, United Kingdom, China, India, Japan, South Korea) for the historical period of 2014-2018 and the forecast period of 2019-2024.
Prominent Players in the global Quartz Glass market are -
Tosoh, Momentive, MARUWA, Heraeus, Raesch Quarz, Hubei Feilihua Quartz, Shin-Etsu Chemicals, Saint-Gobain Quartz, QSIL.
Latest news and developments:
December 13, 2019: Tosoh Corp. will launch its first quartz glass plant in South Korea to capitalize on growing local demand for semiconductor manufacturing equipment. Tosoh will establish a local arm through its subsidiary, Tosoh Quartz Corp., to begin making quartz glass products by the end of March 2021, according to a plan unveiled. For the project, it plans to acquire an existing building with a floor space of some 10,000 square meters, according to Tosoh. The plant will process quartz glass materials into products and supply them to local semiconductor-making equipment producers that currently import them from Japan. Tosoh's share in the estimated 200 billion ($1.8 billion) global quartz glass-processing market is 20 to 30 percent, according to a company official.
November 4, 2019: Microsoft and Warner Bros. have collaborated to successfully store and retrieve the entire 1978 iconic "Superman" movie on a piece of glass roughly the size of a drink coaster, 75 by 75 by 2 millimeters thick.
It was the first proof of concept test for Project Silica, a Microsoft Research project that uses recent discoveries in ultrafast laser optics and artificial intelligence to store data in quartz glass. A laser encodes data in glass by creating layers of three-dimensional nanoscale gratings and deformations at various depths and angles. Machine learning algorithms read the data back by decoding images and patterns that are created as polarized light shines through the glass. The hard silica glass can withstand being boiled in hot water, baked in an oven, microwaved, flooded, scoured, demagnetized and other environmental threats that can destroy priceless historic archives or cultural treasures if things go wrong.
February 12, 2020: Momentive Performance Materials Inc ("Momentive") announced that a Chinese court has ruled that Ecopower (Yongxiu) New Materials Co. Limited's and Ecopower (Guangzhou) New Materials Co. Limited's manufacture and sale of a product was in violation of a Momentive patent for NXT silane. The Ecopower companies have appealed the court's ruling. Momentive's victory in enforcing its NXT silane patent rights illustrates its policy of actively protecting and enforcing its global intellectual property.
According to the Azoth Analytics research, Global Quartz Glass market is likely to witness significant growth over the forecast period driven by ongoing expansion of the industry, increasing use of advanced technologies coupled with growing consumer demand for cleaner energy, growing economy as well as increasing government's stringent regulations for safe and pollution free environment.
Asia Pacific Quartz Glass market is projected to display a growth represented by a CAGR of over 1.73% during 2019 - 2024, primarily driven by growing economy and establishment of manufacturing facilities as well as surging government regulations to drift from thermal energy to solar energy, thereby boosting the demand of quartz glass in Photovoltaic industry. Moreover, major quartz glass manufacturing companies comes from Asia Pacific. China and India are the biggest market in the current period and expected to be followed by Japan and South Korea in forecast period. Market of Quartz Glass is driven by rapid price reductions and growing customer demands for increased functionality.
Scope of the Report
-Quartz Glass Market Size, Share & Forecast
-Segmental Analysis Standalone and Chained
- Chained/Organized Quartz Glass Sizing, Growth, Forecast
-Market Entry Strategies for Domestic/Foreign Players
-Policy & Regulatory Landscape
-Changing Market Trends & Emerging Opportunities
-Competitive Landscape & Strategic Recommendations
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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What are the market factors that are explained in the report?
Key Strategic Developments:The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools:The Global Quartz Glass Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features:The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
We Offer Customization on report based on specific client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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