High Purity Quartz (HPQ) Strategic Research Report 2025 | Market to Reach $1.3 Billion by 2030 - Geopolitical Tensions and Export Controls Pose Risks to HPQ Trade Flows and International Sourcing
1. HPQ market estimated at $972.9M in 2024, projected to reach $1.3B by 2030. 2. Demand driven by semiconductor manufacturing and renewable energy transitions. 3. Supply concerns arise from limited geographic sources of high-quality HPQ. 4. Technological advancements in mining improve extraction and cost-efficiency. 5. Governments focus on securing HPQ supply chains amid geopolitical uncertainties.