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Reasons for Tremendous Growth of Global Quartz Tubes Market during 2021 – 2029 - A Report by Absolute Markets Insights

Published On 16 Jun 2021 02:51 AM


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The industrial sectors are more inclined towards the quartz due to the unique features of material tubes. Some of the major advantages of quartz tubes is its high durability and purity. The growth in the global quartz tubes market has been boosted by the continuously increasing demand from different types of end users, including semiconductor and electronics, automobile industry, healthcare and consumer goods industry amongst others. Transparent quartz tubes are used in various industries where properties of high temperature proof, thermal stability, high chemical stability and high dielectric is required. Hence, owing to the significant abilities of the transparent quartz tubes, the product variant is gaining traction in the global quartz tubes market.

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The quartz tubes manufacturing companies are majorly focusing in the Asia Pacific region because of the favorable government policies and growing disposable income of the countries in the region. Countries across Asia Pacific are rapidly investing in the adoption of clean energy techniques and methodologies in order to conserve the nation’s natural resource, which is among the key factors leading towards the growth of quartz tube market in Asia Pacific. For instance, Government of China is heavily investing in clean energy and aiming of spending at least US$ 360 billion in the sector.

The global quartz tubes market accounted for US$ 961.21 Mn in 2020, and is expected to grow at a CAGR of 3% during the forecast years (2021-2029).

This research study provides both the qualitative and quantitative analysis of the global quartz tubes market. The global quartz tubes market has been analyzed from both the demand and supply side. The demand side is covering the market revenue of all the major countries across all the regions and the supply analysis is covering some of the major companies and their global presence across the globe. The geographical analysis of the research study is done on the major countries across the regions of North America, Europe, Middle East and Africa, Asia Pacific and Latin America.

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Key Findings of the Report:

  • The exponential growth in the manufacturing, healthcare sector and semi-conductor and electronic industries is anticipated to significantly contribute towards the growth of global quartz tubes market over the forecast period.
  • The fused quartz material used in quartz tubes had the highest market share in 2020 and it is also the fastest growing over the forecast period because it is widely available and lower in cost than synthetic quartz. However, the use of synthetic quartz tubes for ultraviolet (UV) applications showcases substantial growth opportunities for the global quartz tubes market over the forecast period.
  • Rapid industrialization along with increased demand for transparent quartz tubes across industries in the Asia Pacific region, is anticipated to aid the growth of the global quartz tubes market over the period of next eight years.
  • Some of the key operating companies in the global quartz tubes market are ACE HEAT TECH, ANTS CERAMICS PVT LTD, Atlantic Ultraviolet Corporation, Heraeus Holdings, Jiangsu Pacific quartz Inc., Kedar Scientific, MARUWA Co., Ltd., MISUMI Corporation, Momentive, OHARA QUARTZ Co.,Ltd., QSIL AG, RAESCH Quarz (Germany) GmbH, Shin-Etsu Quartz Products Co., Ltd., and Sintrex Corporation amongst others.

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Global Quartz Tubes Market:

  • By Outside Diameter
    • 0-49 mm
    • 50 - 99 mm
    • 100-150 mm
    • More than 150 mm
  • By Manufacturing Process
    • One Step Production
    • Oxygen Hydrogen Flame Fusion Production Method
    • Electric Vacuum Two-Step Fusion Method
    • Electric Cylinder Fusion Method
    • Others
  • By Material
    • Fused Quartz
    • Synthetic Quartz
  • By Appearance
    • Transparent
    • Translucent
  • By Industry
    • Automotive
    • Consumer Goods
    • Healthcare
    • Manufacturing
    • Energy and Utilities
    • Semiconductor and Electronics
    • Others
  • By Region:
    • North America
      • U.S.
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • France
      • The UK
      • Spain
      • Germany
      • Italy
      • Nordic Countries
        • Denmark
        • Finland
        • Iceland
        • Sweden
        • Norway
      • Benelux Union
        • Belgium
        • The Netherlands
        • Luxembourg
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • New Zealand
      • Australia
      • South Korea
      • Southeast Asia
        • Indonesia
        • Thailand
        • Malaysia
        • Singapore
        • Rest of Southeast Asia
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Egypt
      • Kuwait
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America

 

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Press Release Provided By: Absolute Markets Insights