Global Quartz Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Quartz Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
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.
Analysis and Insights into the Quartz Market: 2024-2030
The Global Quartz Market size is valued at USD 6.54 Billion in 2023 & is estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2024-30. The factors positively influencing the demand for quartz are the extensive usage of quartz in water filtration units, the increasing need for building & construction materials, and the surging establishment of the semiconductor industry. In recent years, the population in the North America and Asia-Pacific region has significantly increased owing to rising natural births & surging expatriate populations in these regions. As per the statistics by the World Bank, as of 2024, the population in North America is approximately 380 million & the population is 4.3 billion. The higher population in these regions is resulting in the deterioration of the water resources and causing water stress issues.
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What are the primary factors driving the growth of the Quartz Market?
Rising Hospitality Projects Uplifting the Demand for Quartz– In recent years, tourism across the globe has significantly increased due to the rise in business travel & medical tourism. Based on the statistics by the United World Tourism, International tourist arrivals in the American countries have reached approximately 90% of the pre-pandemic levels. This surge in tourism is leading to the requirement for accommodation facilities. As a result, several hotel groups are expanding their hotels across the region. For instance, as per the statistics by Lodging Econometrics (LE), as of Q4 2023, there are approximately 6,160 under-construction hospitality projects. These hotels & resorts essentially require quartz products for making countertops, flooring, and wall cladding. In addition, quartz products offer aesthetic appeal and resemble to natural stones like granite & marble. Therefore, the developers are using quartz to furnish high-end & luxury surfaces, further amplifying the Global Quartz Market.
Quartz Market Segmentation:
The Quartz market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
- Quartz Surface & Tile- Market Size & Forecast 2019-2030, (Thousand Tons)
- High-purity Quartz- Market Size & Forecast 2019-2030, (Thousand Tons)
- Quartz Glass- Market Size & Forecast 2019-2030, (Thousand Tons)
- Quartz Crystal- Market Size & Forecast 2019-2030, (Thousand Tons)
- Quartz Sand- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
By End User
- Building & Construction – Market Size & Forecast 2019-2030, (Thousand Tons)
- Medical- Market Size & Forecast 2019-2030, (Thousand Tons)
- Electronics & Semiconductor-Market Size & Forecast 2019-2030, (Thousand Tons)
- Solar- Market Size & Forecast 2019-2030, (Thousand Tons)
- Optical Fiber & Telecommunication- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
Geographical Analysis into the Quartz Market:
The Quartz market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Quartz Market Share Analysis:
The competitive landscape of the Quartz Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- The Quartz Corporation
- Quality Quartz Engineering
- Momentive Technologies
- Saint Gobain Quartz
- Kyocera Corporation
- Pokarna Group
- AGC Inc.
- Nihon Dempa Kogyo Co. Ltd.
- Caesarstone Ltd.
- Swift Glass Company
- Abrisa Technologies
- Industrial Quartz Corporation
- Sibelco Quartz
- Murata Manufacturing
- Heraeus Holding
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Questions Addressed in this Study
- What factors are driving the Quartz Market growth?
- How is the Quartz Market expected to grow over the next five years?
- What are the key insights into the current trends in the Quartz Market?
- What is the current size of the Quartz Market, and how is it projected to change in the future?
- What is the future outlook for the Quartz Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, 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 14.8 diverse industrial verticals.
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