• Rising Demand from the Electronics and Semiconductor Industry
  • There has been an increasing demand for quartz from the electronics industry. This is majorly because of its increasing usage in devices, such as mobile phones, tablets, laptops, and desktops.
  • With the increase in production and usage of LCD/LED TVs and other electronic devices in the developing countries, including China, India, Thailand, and Vietnam, the demand for quartz has witnessed an increase from the electronics industry.
  • Moreover, the governments in the developing countries are investing heavily in their electronics industry, which is expected to further boost the demand for quartz.
  • China is embracing cutting-edge display technologies, with an aim to become the largest supplier of display panels in the coming years.
  • For instance, in India, the Karnataka government has collaborated with Indian Electronics and Semiconductor Association, in order to make India a design-led electronics hub.
  • Owing to such factors, the demand for quartz is likely to witness rapid growth from the electronics industry.