Quartz Market 2030 By Product (Quartz Surface and Tile, Quartz Glass, Quartz Sand, Fused Quartz Crucible, Quartz Crystal, Silicon Metal, Quartz Pebbles, Others), Grade (High-Purity Quartz, Grade I, Grade II, Grade III), End-Use Industry & Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits
Industry : Chemicals & Materials | Pages : 190 Pages | Published On : Oct 2023
The Global Quartz Market was valued at USD 6.9 Billion in 2022 and is expected to reach around XX by 2030, at a CAGR of about 6.1% between 2022 and 2030
Major Players In Quartz Market Include: Abrisa Technologies, AGC Inc., Asahi Glass Co. Ltd, Baba Quartz, Beijing Kai de Quartz Co. Ltd, Caesarstone Ltd., Creswick Quartz, DuPont, Elkem ASA, Ferroglobe, Heraeus Holding, High Purity Quartz Pty Ltd., Industrial Quartz Corporation, Jiangsu Pacific Quartz Co. Ltd, Momentive, NIHON DEMPA KOGYO CO. LTD., Nordic Mining ASA, QQE, Quartz Corporation, Saint-Gobain, Sibelco, Swift Glass Co. Inc., SUMCO Corporation, Thermo Fisher Scientific, TXC Corporation, Wonik QnC Corporation and Others.
The global quartz market has witnessed substantial growth in recent years, driven by its extensive applications in various industries such as electronics, construction, and jewelry. In the electronics sector, quartz is an essential component for manufacturing semiconductors, quartz resonators, and oscillators, which are crucial in timekeeping and frequency control devices. The construction industry utilizes quartz in countertops, flooring, and decorative elements due to its resilience and diverse range of colors and patterns. Recent trends in the quartz market reflect a growing demand for engineered quartz surfaces, also known as quartz countertops. These surfaces offer a blend of natural quartz crystals and resins, resulting in a durable and low-maintenance material for kitchens and bathrooms. This trend is driven by consumers seeking both aesthetics and practicality. Additionally, sustainability has emerged as a key concern, prompting manufacturers to explore eco-friendly production processes and recycled materials for quartz-based products.
Due to its extremely reliable, high-performance resonators, quartz is utilized in the electronics sector for filters and oscillators. Due to its high melting point (about 1700o C) and low curing temperature (573o C), quartz has many features that make it useful in the electronics sector, including piezoelectric capabilities. Quartz is becoming more and more in demand from the electronics sector. It is as a result of its expanding use in gadgets like smartphones, tablets, laptops, and desktops. Additionally, radios, watches, and pressure gauges all use quartz crystal as an oscillator. In electrical circuits for a variety of items, including communication devices, computers, electronic games, and television receivers, quartz crystal is also used to create frequency filters, frequency controllers, and timers. One highly demanded quartz product is engineered quartz countertops. These countertops offer a sleek and sophisticated appearance, mimicking the look of natural stone while providing greater durability and resistance to stains and scratches. Engineered quartz countertops have become a preferred choice for homeowners and businesses alike, driving the growth of the quartz market. Their versatility in design, coupled with robust physical properties, makes them an ideal choice for kitchen and bathroom spaces.
American companies have dominated the production of the tiny semiconductor chips that drive contemporary technologies for many years. The highest market share in the world, or 47%, belongs to the semiconductor industry in the United States, according to the Semiconductor Industry Association (SIA). The country is expecting to benefit from the semiconductor manufacturers' planned investments, which are expected to boost market expansion. For instance, in response to the rising demand for the small microchips used in almost all modern gadgets, Intel invested USD 3.5 billion at its New Mexico facility in March 2021. Innovative consumer electronic items are anticipated to benefit from digital technologies like the internet of things (IoT) and the newest connectivity technologies, like 5G.
In terms of regional analysis, Asia Pacific holds a significant share in the global quartz market. Countries like China, India, and Japan are major producers and consumers of quartz-based products, driven by rapid urbanization and industrialization. North America and Europe also contribute substantially to the market, with a strong emphasis on innovation, design, and sustainable practices. In conclusion, the global quartz market is experiencing remarkable growth, fueled by trends such as engineered quartz surfaces, smart technology integration, and sustainability. Engineered quartz countertops, with their blend of aesthetics and practicality, stand out as a highly demanded product. As regions across the world continue to invest in various industries, the quartz market is poised to thrive, catering to diverse consumer preferences and industry needs.
Major Classifications are as follows:
- Quartz Surface and Tile
- Quartz Glass
- Quartz Sand
- Fused Quartz Crucible
- Quartz Crystal
- Silicon Metal
- Quartz Pebbles
- High-Purity Quartz
- Grade I
- Grade II
- Grade III
By End Use Industry
- Electronics and Semiconductor
- Buildings and Construction
- Optics and Telecommunication
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Saudi Arabia
- Rest of the Middle East
- South Africa
- Rest of the Middle East & Africa
- Middle East
Reason to purchase this Quartz Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Quartz Market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different Quartz Market segments in the top spending countries across the world and identify the opportunities each offers.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Quartz Market , providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Quartz Market .
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Quartz Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.
Table and Figures
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Covered Key Topics
Market Growth Drivers
Leading Market Players
Company Market Share
Market Size and Growth Rate
Market Trend and Technological