A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Quartz Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Quartz Market Definition:
Quartz, one of the most abundant minerals on the Earth, occurs in various forms colors and is adopted by various end-use industries, mainly construction, electronics semiconductor, and solar. Its usefulness owes to its excellent physical, chemical, electrical properties that make it durable, corrosion-resistant, and highly tolerant to chemical mineral weathering. Commercially, quartz is available in crystals, stones, pebbles, engineered, high-purity, crucible forms.
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Global Quartz Market Insights:
The Global Quartz Market size is valued at around USD7.5 billion in 2022 is projected to grow at a CAGR of around 5.8% during the forecast period, i.e., 2023-28.
Global Quartz Market Key Driver:
Burgeoning Demand for Quartz from the Construction Industry: Quartz products are used extensively as countertops, flooring, wall cladding, other surfaces in residential commercial construction applications due to their durability, aesthetics, low maintenance requirements. Rising population levels, urbanization, various ongoing infrastructure development projects worldwide are leading to increasing construction activities and, in turn, driving the demand for quartz products. In addition, since quartz is often chosen for its aesthetic appeal and can resemble natural stones like granite marble, the improving disposable incomes of consumers, coupled with their shifting preferences toward high-end luxury surfaces, are further amplifying the demand for quartz-based products and, in turn driving the Global Quartz Market.
Global Quartz Market Leading Key Players:
The Quartz Corporation, Quality Quartz Engineering, Nihon Dempa Kogyo Co. Ltd., Momentive Technologies, Saint Gobain, Kyocera Corporation, TXC Corporation, AGC Inc., Caesarstone Ltd., Swift Glass Company, Abrisa Technologies, Industrial Quartz Corporation, Sibelco Quartz, Murata Manufacturing, Heraeus Holding
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Global Quartz Market Segmentation:
Based on Type
- Quartz Surface Tile- Market Size Forecast 2018-2028, (Thousand Tons)
- High-purity Quartz- Market Size Forecast 2018-2028, (Thousand Tons)
- Quartz Glass- Market Size Forecast 2018-2028, (Thousand Tons)
- Quartz Crystal- Market Size Forecast 2018-2028, (Thousand Tons)
- Quartz Sand- Market Size Forecast 2018-2028, (Thousand Tons)
- Others- Market Size Forecast 2018-2028, (Thousand Tons)
Based on End User
- Building Construction - Market Size Forecast 2018-2028, (Thousand Tons)
- Medical- Market Size Forecast 2018-2028, (Thousand Tons)
- Electronics Semiconductor-Market Size Forecast 2018-2028, (Thousand Tons)
- Solar- Market Size Forecast 2018-2028, (Thousand Tons)
- Optical Fiber Telecommunication- Market Size Forecast 2018-2028, (Thousand Tons)
- Others- Market Size Forecast 2018-2028, (Thousand Tons)
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Global Quartz Market Geographical Analysis
By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
Recent Development of Global Quartz Market:
On 24 April 2023, Caesarstone, the global leader in premium quartz porcelain surfaces, got selected as a class-leading partner for GROHE SPA, GROHE's revitalized premium sub-brand (Lixil Group), to craft faucet handles with the Caesarstone's timeless durable quartz designs.
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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.
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