Authored By: Sarah
04 Feb 2021

Transparent Quartz Tube Market Size to Grow by $ 360.30 mn through 2020-2024  

Technavio research projects the transparent quartz tube market to grow by $ 360.30 mn, accelerating at a CAGR of over 7% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Transparent Quartz Tube Market: Key Market Driver

One of the primary factors that will trigger the growth of the transparent quartz tube market size is superior properties of transparent quartz tube. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Transparent Quartz Tube Market Size to Grow by Over $ 360 Million| APAC to Dominate Market Growth till 2024

Transparent Quartz Tube Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Atlantic Ultraviolet Corp., Friedrich & Dimmock Inc., Heraeus Holding GmbH, Jinzhou Taifeng Quartz Co. Ltd., Momentive Performance Materials Inc., Ohara Inc., QSIL AG, Quartz Scientific Inc., Shin-Etsu Chemical Co. Ltd., and Valiant International Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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Technavio has been monitoring the Global Transparent Quartz Tube Market and it is expected to grow by USD 360.30 million, progressing at a CAGR of over 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download Our Free Sample Report

Transparent Quartz Tube Market : Key Drivers and Trends to Drive Market Growth

Transparent quartz tubes display excellent dielectric constant, electric insulation, high thermal stability, thermal shock resistance, and a low thermal expansion coefficient. These qualities translate into characteristics of high mechanical density, tensile strength, and hardness which result in there use in several applications such as the manufacture of silicon wafers, semiconductor fabrication, photovoltaic devices, solar cells, and lamps. The mechanical properties of transparent quartz tubes are influenced by their shape, impurity level, and age. Furthermore, transparent quartz tubes display good optical properties such as refraction and high transparency. These unique properties of transparent quartz tubes will spur their use in several end-user industries. The report offers an up-to-date analysis of the global market scenario, to enable a thorough understanding of potential market growth opportunities. 

Transparent Quartz Tube Market Size to Grow by Over $ 360 Million| APAC to Dominate Market Growth till 2024

Transparent Quartz Tube Market : Demand from China and Japan to Drive Growth

APAC was the largest transparent quartz tube market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The demand for transparent quartz tubes for electronics and electrical producs will significantly drive the transparent quartz tube market growth in this region over the forecast period. 62% of the market growth will originate from APAC during the forecast period with China and Japan being the key markets. Market growth in this region will be faster than the growth of the market in other regions.

Transparent quartz tubes are mainly used in specialty lamps and decorative lamps as outer layers for maximum visible transmittance. Different types of lamps, such as natural, synthetic, and ozone-free, are manufactured using transparent quartz tubes. Various low and mid-pressure lamps are used for disinfection, surface activation, chemical activation of process gas, and in the UV curing process. With the growing applications of transparent quartz glass, the lamp segment is likely to witness high growth during the forecast period. This research report provides a detailed analysis of all the application segments to help assess potential market growth opportunities for players in the market.

Transparent Quartz Tube Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Atlantic Ultraviolet Corp., Friedrich & Dimmock Inc., Heraeus Holding GmbH, Jinzhou Taifeng Quartz Co. Ltd., Momentive Performance Materials Inc., Ohara Inc., QSIL AG, Quartz Scientific Inc., Shin-Etsu Chemical Co. Ltd., and Valiant International Inc.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Transparent Quartz Tube Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive Transparent Quartz Tube Market growth during the next five years
  • Precise estimation of the Transparent Quartz Tube Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the transparent quartz tube industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Transparent Quartz Tube Market vendors
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