High Purity Quartz Market: Duopoly = 80% of the marketCompetition that we're about to displace and disrupt.
Fun time ahead.
Duopoly of Quartz Corp. and Sibelco Characterizes Global High Purity Quartz Market
Two companies, Quartz Corp. and Sibelco, dominate the global high purity quartz market with a market share touching 80% with both having an operational presence in Spruce Pine, U.S. Manufacturers seek to diversify by looking for alternate sources in Canada, Mauritania, and Australia, but these fail to meet the strict standards set by IOTA. The vast majority of companies in the high purity quartz market are private enterprises that enter into contracts with end-users. Quality and purity are the paramount factors determining the price of quartz. Demand is predicted to far exceed supply in the forecast period, leading to price hikes in the high purity quartz market.