Quartz Ore

Quartz is essential in the electronics industry, particularly in semiconductors, photovoltaic (solar) panels, and high-tech devices. Growing demand for consumer electronics, advancements in 5G technology, and renewable energy solutions (like solar) are driving the quartz market.

Global Demand

The global quartz market size was valued at $8.23 billion in 2021 and is expected to grow to $13.61 billion by 2030 at a CAGR of 5.7%. Quartz is heavily used in the electronics and semiconductor industries, where it forms a key component in silicon production for integrated circuits. The rising demand for electronics, 5G infrastructure, and solar panels is boosting quartz consumption.

National Demand

India is a significant player in quartz production, with demand fueled by both domestic industries and exports. The quartz market in India is set to grow in tandem with the increasing demand for solar energy, electronics manufacturing, and glass production. India has set a target of achieving 280 GW of solar capacity by 2030, further driving quartz demand in photovoltaic panel production.

Reserves in India

India has abundant quartz reserves, found in states like Andhra Pradesh, Rajasthan, and Karnataka. The country is one of the leading producers of quartz, which is primarily used in the glass and electronics industries.