High Purity Quartz Sand Market Sales are Expected to Grow Steadily to Reach million by 2027
As per the recent study conducted by Market Research Future (MRFR), the global market for high purity quartz is expected to increase at a CAGR of 9.87% during the forecast period (2018-2023). In 2017, the market reached a valuation of over USD 627, 300 Thousand. Global supply of high purity quartz has continued to growing owing to its increased used in electronics manufacturing. Characteristics such as high inertness, purity, durability, high temperature resistance and transmissivity to light make high grade quartz sand a sought-after material in the electronics manufacturing sector. Modern electronic components such as solar energetics, fiber optics and lighting products require a significant amount of high purity quartz sand as a raw material. Moreover, the tremendous growth of the semiconductor industry is also influencing the market. Only premium grade quartz sand is used for manufacturing of top-quality silicon wafers. Growing popularity of fiber optic products such as opti