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Quartz Market Size, Share, and Analysis, By Product (Quartz Surface & Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Other), By End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Medical, Optics & Telecommunication, and Other) and Regional Forecasts, 2022-2032
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Quartz Market Size, Share, and Analysis, By Product (Quartz Surface & Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Other), By End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Medical, Optics & Telecommunication, and Other) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW:
The Quartz market size was USD 8.8 billion in 2021 and projected to grow from USD 10 billion in 2023 to USD 17.6 billion by 2032, exhibiting a CAGR of 6.5% during the forecast period.
Quartz is one of the differed minerals found on the earth, and it produces many gemstone color types. Quartz crystal has several electronic uses and is used in weight measures, as oscillators in radios, watches, and in investigation of optics. Amethyst and citrine are the important pearl blend of Quartz. Quartz is also used for pounding glass, grating, and cutting delicate stones. Chalcedony depicts any type of Quartz which is available in small structure and is microcrystalline with several varieties used as gemstones, called Agate, Tiger's Eye, Carnelian, & Chrysoprase. Pure Quartz is colorless but due to the addition of impurities, wide color ranges of quartz are produced.
MARKET HIGHLIGHTS
Quartz Market is expected to project a CAGR of 6.5% during the forecast period, 2022-2032
The global quartz market is expected to reach USD 17.6 billion at a CAGR of 6.5% during forecast period owing to several advantages synthetic quartz offers like corrosion, acid resistant, compression, high temperatures, bending, infiltration etc. It is also extensively used in electronics and semiconductor industry and in optical components for wavelength lasers of projection systems. Synthetic quartz is used to manufacture crucibles to produce semiconductor devices. Synthetic quartz is resistant to laser, suitable for high-power low-wavelength lasers. The optical components made of synthetic. Synthetic quartz is available easily in various industries, like electronics, construction, electrical and automotive sectors which will boost the demand for synthetic quartz market.
QUARTZ MARKET SEGMENTATION:
High-Purity Quartz segment is expected to grow with high CAGR during the forecast period
Quartz Market is classified based on the Product into Quartz Surface & Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Other. The high-purity quartz segment is expected to have the highest share during the forecast period owing to the high purity quartz which has minor impurity levels and has greater silicon dioxide about 99%. Rising demand for high purity quartz from various industries is driving the growth of market. High purity quartz is utilized as semiconductor, in fiber optics, solar etc. High purity quartz also produces high purity fused quartz and offer wide range of properties in optical, mechanical etc., essential for producing high-tech products and also in the production of rods, tubes and crucibles.
Electronics & Semiconductor segment is expected to grow in 2022-2032
MARKET DYNAMICS:
Growth Drivers
• Rising Demand of Quartz in Electronics Industry is Expected to Boost the Growth of the Market
• Increasing Technological Advancements is Expected to Boost the Market Growth
Restraint
High Cost of Quartz May Restrain the Market Growth
QUARTZ MARKET_KEY PLAYERS COVERED:
• Advanced Baba Quartz
• Saint-Gobain
• QQE
• Momentive
• Creswick Quartz
• Quartz Corporation
• Corian
• Caeserstone
• High Purity Quartz Pty Ltd.
• Thermofisher Scientific
• Other Prominent Player
Regional Analysis
Quartz Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia pacific dominated the market with highest share in 2021 owing to the countries in this region like China with presence of abundant construction activities and with several industrial and construction sectors which is expected to have major share in the market. The governments in few countries of this region are focusing firmly on expanding the construction sector for ensuring constant growth. Even by increasing the electronics manufacturing systems, the growth which is expected to increase the demand for quartz during the forecast period.
QUARTZ MARKET SEGMENTS:
By Product
• Quartz Surface & Tile
• High-Purity Quartz
• Quartz Glass
• Quartz Crystal
• Quartz Sand
• Others
By End-User Industry
• Electronics & Semiconductor
• Solar
• Buildings & Construction
• Medical
• Optics & Telecommunication
• Others
Reasons to Purchase this Report.
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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Table of Content
1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Quartz Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Quartz Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Quartz Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Quartz Market
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Quartz Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product
11.3.1.1. Quartz Surface & Tile
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. High-Purity Quartz
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Quartz Glass
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4. Quartz Crystal
11.3.1.4.1. By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5. Quartz Sand
11.3.1.5.1. By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.6. Other
11.3.1.6.1. By Value (USD Million) 2022-2032F
11.3.1.6.2. Market Share (%) 2022-2032F
11.3.1.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By End-User Industry
11.3.2.1. Electronics & Semiconductor
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Solar
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Buildings & Construction
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Medical
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5. Optics & Telecommunication
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2. Market Share (%) 2022-2032F
11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.6. Others
11.3.2.6.1. By Value (USD Million) 2022-2032F
11.3.2.6.2. Market Share (%) 2022-2032F
11.3.2.6.3. Y-o-Y Growth (%) 2022-2032F
12 North America Quartz Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product
12.3.2. By End User Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Quartz Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product
13.3.2. By End User Industry
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Quartz Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product
14.3.2. By End User Industry
14.4. By Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Quartz Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product
15.3.2. By End User Industry
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Quartz Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product
16.3.2. By End User Industry
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Advanced Baba Quartz
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Saint-Gobain
18.3. QQE
18.4. Momentive
18.5. Creswick Quartz
18.6. Quartz Corporation
18.7. Corian
18.8. Caeserstone
18.9. High Purity Quartz Pty Ltd.
18.10. Thermofisher Scientific
18.11. Other prominent players
19 Appendix
20 Consultant Recommendation
Tables and Figures
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KEY PLAYERS COVERED:
• Advanced Baba Quartz
• Saint-Gobain
• QQE
• Momentive
• Creswick Quartz
• Quartz Corporation
• Corian
• Caeserstone
• High Purity Quartz Pty Ltd.
• Thermofisher Scientific
• Other Prominent Player
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