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The global quartz market reached a value of US$ 6.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.91 Billion by 2027, exhibiting a CAGR of 6.12% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Quartz refers to a solid, natural crystalline mineral, which is composed of silicon dioxide (SiO2) and is abundantly discovered in various metamorphic, igneous, and sedimentary rocks. It possesses piezoelectric properties that assist in generating positive and negative charges on alternate prism edges, due to which it is used as a pressure gauge in depth-sounding apparatus. Apart from this, quartz is durable, corrosion-resistant, and highly tolerant to chemical and mineral weathering, on account of which it is extensively employed for manufacturing several electronic products. At present, quartz is commercially available in crystals, stones, pebbles, engineered, high-purity and crucible types.
The widespread adoption of quartz in various industrial verticals, especially the electronics and semiconductor sectors, can be attributed to the increasing requirement of stable, high-performance resonators. They are used as a key component in filters and oscillators, which represents the prime factor currently driving the market toward growth. This is further supported by the rising sales of various electronic gadgets, including tablets, phones, desktops, and laptops, which, in turn, has intensified the demand for semiconductors. In line with this, rapid technological advancements, along with the extensive utilization of quartz crystals in the production of frequency filters, controllers, and timers in the electronic circuits is acting as another growth-inducing factor. Additionally, the increasing ongoing construction activities have prompted manufacturers and interior designers to employ quartz as a highly preferred engineering stone for the indoor flooring application in commercial spaces, which is propelling the market growth. Other factors, such as the growing product usage to produce different gemstones, such as amethyst and citrine, for healing and spiritual purposes, along with continuous investments in research and development (R&D) activities for launching high purity quartz, are creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global quartz market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and end user.
Breakup by Product:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Glass Co. Ltd., Caesarstone Ltd., Compagnie de Saint-Gobain S.A., Heraeus Holding, Jiangsu Pacific Quartz Co. Ltd., Kyocera Corporation, Momentive Technologies, Nihon Dempa Kogyo Co. Ltd., Quality Quartz Engineering Inc. (Conax Technologies LLC), Sibelco and The Quartz Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Asahi Glass Co. Ltd., Caesarstone Ltd., Compagnie de Saint-Gobain S.A., Heraeus Holding, Jiangsu Pacific Quartz Co. Ltd., Kyocera Corporation, Momentive Technologies, Nihon Dempa Kogyo Co. Ltd., Quality Quartz Engineering Inc. (Conax Technologies LLC), Sibelco and The Quartz Corporation.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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