Global Synthetic Quartz Market Size & Outlook, 2024-2030
The global synthetic quartz market size was estimated at USD 84.7 million in 2023 and is projected to reach USD 120.0 million by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
Revenue, 2023 (US$M)
$84.7
Forecast, 2030 (US$M)
$120.0
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide
Global synthetic quartz market, 2018-2030 (US$M)
Related Markets
Global synthetic quartz market highlights
- The global synthetic quartz market generated a revenue of USD 84.7 million in 2023 and is expected to reach USD 120.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, synthetic quartz crystal accounted for a revenue of USD 62.5 million in 2023.
- Synthetic Quartz Crystal is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 84.7 million |
| Market revenue in 2030 | USD 120.0 million |
| Growth rate | 5.3% (CAGR from 2024 to 2030) |
| Largest segment | Synthetic quartz crystal |
| Fastest growing segment | Synthetic Quartz Crystal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic Quartz Crystal, Synthetic Quartz Glass |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global synthetic quartz market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 13.7 million by 2030.
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Synthetic Quartz Market Scope
Synthetic quartz market segmentation & scope
Synthetic Quartz Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Universal Instrument | View profile | 11-50 | Palatine, Illinois, United States, North America | https://www.uicoglass.com |
| Siward Crystal Technology | View profile | 501-1000 | Taichung, T'ai-wan, Taiwan, Asia | http://www.siward.com.tw/ |
| Nihon Dempa Kogyo | View profile | 501-1000 | Tokyo, Tokyo, Japan, Asia | https://www.ndk.com/ |
| Daishinku | View profile | 1001-5000 | Kakogawa, Hyogo, Japan, Asia | https://www.kds.info/ |
| AGC | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.agc.com/ |
| Heraeus | View profile | 10001+ | Hanau, Hessen, Germany, Europe | https://www.heraeus.com |
| CoorsTek | View profile | 10001+ | Golden, Colorado, United States, North America | https://www.coorstek.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Murata Manufacturing Co Ltd | View profile | 73828 | No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, Japan, 617-8555 | http://www.murata.co.jp |
| Seiko Epson Corp | View profile | 79906 | 3-5 Owa 3-chome, Suwa, Nagano, Japan, 392-8502 | http://www.epson.jp |
Global synthetic quartz market size, by regions, 2018-2030 (US$M)
Top 10 countries: Synthetic quartz market size, 2023 (US$M)
Global synthetic quartz market share, by application, 2023 & 2030 (%, US$M)
Synthetic quartz market: Opportunity assessment by country
Global synthetic quartz market, by region, 2023 (US$M)
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