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Quartz Tubing Market Report Overview
The global quartz tubing market size was USD 522.2 million in 2022 and is projected to touch USD 904.95 million by 2031, at a CAGR of 6.3% during the forecast period.
The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Quartz crystals occur naturally in the environment. By fusing or melting these quartz crystals at a very high temperature, quartz tubing is obtained. Quartz crystals used in this process are of very high purity. So, the quartz tubing made from these crystals has properties superior to any type of glass substance.
Quartz tubing is used while making many different kinds of lamps some of which are xenon lamps, ultraviolet lamps, gas laser lamps, mercury lamps, high-pressure lamps, halogen lamps, metal halide lamps, and iodine tungsten lamps. Quartz tubing provides the advantage of superior thermal stability, high-temperature resistance, electrical insulation, and corrosion resistance. Due to its properties of heat resistance and electrical insulation, quartz tubing is also used in high-voltage insulation pipes and power plant boiler liquid level pipes.
COVID-19 Impact: Halt in Operations to Impede Growth
The biggest manufacturing region for quartz tubes is the Asia Pacific. The earliest lockdowns during the COVID-19 pandemic were imposed on China, which is the major manufacturing country for quartz tubes. Supply chains were negatively affected due to this reason and the production of lamps, semiconductors, photovoltaics, and other materials completely stopped in many areas. Even as the restrictions have lifted, the production levels are yet to complement the demand levels instantaneously. There is a big shortage of semiconductors across industries and the desired levels of production are expected to be obtained only by 2023. These factors may impact the market growth to some extent in the near future.
Latest Trends
"Rapidly Growing Electric Vehicles Industry to Support Growth"
Electric vehicles are one that consists of an electric motor instead of using fuel or gas. People today are drawn toward electric vehicles because they are an environmentally friendly alternative. Traditional vehicles make use of a combustion engine which generates a lot of pollution. Not only does this pollution deplete the quality of air but also causes global warming. With increasing concerns for environmental protection, electric vehicles are seen as the way for the future. They also require lower maintenance and provide better performance. Electric vehicles require a lot of semiconductors in each vehicle. The demand for semiconductors has increased worldwide and so has the quartz tubing market.
Quartz Tubing Market Segmentation
- By Type Analysis
According to type, the quartz tubing market can be segmented into transparent quartz tube and opaque, and translucent quartz tubes. Transparent quartz tubing holds the majority of the quartz tubing market share.
- By Application Analysis
Based on application, the quartz tubing market can be bifurcated into lamps, semiconductors, photovoltaics, and others. Lamps dominated the quartz tubing market in 2031.
Driving Factors
"Use of Semiconductors in the Electronics Industry to Augment Growth"
Semiconductors are substances that control and manage the flow of electric current in electronic equipment and devices. Semiconductors are used in everyday electronic devices such as mobile phones, televisions, washing machines, refrigerators, and cameras. Air conditioners use temperature sensors which are made using semiconductors. CPUs of computers also use semiconductors. The demand for these products is rising exponentially. The semiconductors used in the making of all these products are made using quartz tubing.
"Use of Photovoltaics for Energy Generation to Boost Demand"
Photovoltaics convert light into electricity. Photovoltaics are used in d=solar farms to generate electricity. Photovoltaic panels can be used for this purpose. Remote locations, rural areas, and villages are supplied electricity through photovoltaics. It may not be feasible or economical to extend power lines in certain areas so such areas gain electric power through the workings of photovoltaics. Photovoltaics were initially developed as a power source for satellites that orbit the Earth. Photovoltaics will continue to be an important part of all space-related activities around the globe. The making of photovoltaics constitutes the use of quartz tubing. As the photovoltaics industry grows, the quartz tubing market growth is also anticipated to be substantial.
Restraining Factors
"Emission of UV Rays by Lamps to Reduce Growth"
All kinds of lamps, whether they are halogen lamps, tungsten filament incandescent, or fluorescent, emit ultraviolet rays. Prolonged exposure to ultraviolet rays can be the cause of a lot of diseases. Skin cancer is one of the most dangerous effects of ultraviolet rays. Other kinds of skin damage and premature aging can also be caused by UV rays. Eye damage and cataract are also an effect of UV rays. UV radiation can also cause immune system suppression. Due to these reasons, lamps are considered harmful to human health. Halogen lamps have already been phased out. Other alternatives are coming up to replace the usage of lamps like LED bulbs which emit no ultraviolet radiation. As people look for different alternatives to replace lamps, the quartz tubing market is going to be affected significantly.
Quartz Tubing Market Regional Insights
"Asia Pacific to Dominate Led by Rapid Industrialization "
It is anticipated that the Asia Pacific is going to dominate the quartz tubing market. It holds a significant quartz tubing market share and its share will keep on increasing in the forthcoming years. The Asia Pacific region is going through rapid industrialization. There is an increase in the demand for products such as silicon wafers. The semiconductor industry is also experiencing a booming period in this region.
North America and Europe follow the Asia Pacific. There is an increase in the disposable incomes in these regions and the demand for semi-finished goods is also rising rapidly. The quartz tubing market is expected to see a major boost in these regions.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP Quartz Tubing COMPANIES
- Momentive (U.S.)
- Heraeus (Germany)
- QSIL (Germany)
- Ohara (Japan)
- Atlantic Ultraviolet (U.S.)
- TOSOH (Japan)
- Raesch (Malta)
- Pacific Quartz (China)
- Guolun Quartz (China)
- Fudong Lighting (China)
- Hongyang Quartz (China)
- Hongwei Quartz (China)
- Ruipu Quartz (China)
- JNC Quartz Glass (China)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 522.2 Million in 2022 |
Market Size Value By |
US$ 904.95 Million by 2031 |
Growth Rate |
CAGR of 6.3% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global quartz tubing market expected to touch by 2031?
The global quartz tubing market is expected to touch USD 904.95 million by 2031.
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What CAGR is the quartz tubing market expected to exhibit by 2031?
The quartz tubing market is expected to exhibit a CAGR of 6.3% by 2031.
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Which are the driving factors of the quartz tubing market?
The driving factors of the market are the growth of the electronics industry and the increased use of photovoltaics.
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Which are the top companies operating in the quartz tubing market?
Momentive, Heraeus, QSIL, Ohara, Atlantic Ultraviolet, TOSOH, Raesch, Pacific Quartz, Guolun Quartz, Fudong Lighting, Hongyang Quartz, Hongwei Quartz, Ruipu Quartz, JNC Quartz Glass are the key companies operating in the quartz tubing market.