Market for Fabricated Quartz Components Trending Upwards of 20% to Reach US$1.65 B for 2021
Regional Shifts in Production Continue as Market Seeks to
Meet Demand
San Diego, CA, May 6, 2021: TECHCET—the electronic materials advisory firm providing business and technology information— announced sales of semiconductor quartz equipment components are expected to reach US$1,650 M, accelerating beyond 20% for 2021. Last year’s total quartz sales of US$1,368 M grew 11%, with Taiwan and Korea growing at >15%. China suppliers were negatively impacted by COVID-19 in 1H2020 but recovered in 2H2020. For 2021, revenue increases are expected to remain steady in all regions.
The quartz components market will experience an 8% CAGR, as shown in the graphic below. However, “chip expansions happening over the next few years may push up growth even higher,” said Lita Shon-Roy, TECHCET’s CEO/President. “The average growth rate for 2021 is expected to be ~20% overall, with certain regions in Asia reaching 40%. This strong demand for quartz is largely driven by sales of new furnace and etch equipment.”
Semiconductor Quartz Components Market Forecast
As highlighted in TECHCET’s 2021 Critical Materials Report™ on Semiconductor Quartz Components, the top four market share leaders are Heraeus/Shin-Etsu, Tosoh Quartz, Wonik QnC, and Ferrotec, sharing more than 60% of the total fabricated quartz market. WonikQnC gained market share due to the acquisition of Momentive. Close behind is Hayward Quartz, who is now investing US$66M in the Danang Hi-Tech Park, Vietnam, to expand capacity.
In the sub-tier, TECHCET sees an up-and-coming quartz powder provider – Russian Quartz. In 2020 the Company launched its second chlorination line to produce extra-pure quartz concentrate RQ-1K, high purity powder. Whether they can qualify the product for semiconductor fabrication is yet to be seen.
Overall, lead times are lengthening due to increased sales while technology transition impacts the mix of products. TECHCET expects to see an imbalance between quartz base materials supply and fabrication demand by 2H 2021, further exacerbating lead times. Announced chip expansions will challenge this already tight supply-chain over the next 3-5 years.
Critical Materials Reports™ and Market Briefings: https://techcet.com/product/quartz-equipment-components/
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ABOUT TECHCET: TECHCET CA LLC is an advisory services firm focused on process materials supply-chains, electronic materials business, and materials market analysis for the semiconductor, display, solar/PV, and LED industries. Since 2000, the company has been responsible for producing the Critical Material Reports™, covering silicon wafers, semiconductor gases, wet chemicals, CMP consumables, Photoresists, and ALD/CVD Precursors. The Critical Materials Council (CMC) of semiconductor fabricators is a business service offered by TECHCET, and includes materials supplier Associate Members. For additional information about reports, market briefings, CMC membership, or custom consulting please contact info@cmcfabs.org, +1-480-332-8336, or go to www.techcet.com or www.cmcfabs.org.