According to a market report by Lucintel, the future of the quartz market looks promising with opportunities in the electronics and semiconductor, solar, buildings and construction, medical, optics, and telecommunication industries. The global quartz market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are growing demand for high purity quartz in the semiconductor industry and increasing usage of quartz in end use industries.
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In this market, different types of quartz, such as quartz surface and tile, high-purity quartz, fused quartz crucible, quartz glass, quartz crystal, quartz sand, and plastic foam are used in a wide range of industries. Lucintel forecasts that quartz surface and tile will remain the largest segment due to growth in the building and construction sector and infrastructural development in the emerging countries.
Within the quartz market, Electronics and semiconductor industry will remain the largest end use industry during the forecast period due to increasing demands and supply of electronics devices such as LCD/LED TVs, mobile devices, tablets, laptops, & desktop, also developing countries government support to the electronics industry.
North America will remain the largest region the forecast period due to growing electronics, medical and healthcare industry, growing import, and export of quartz.
Baba Quartz, QQE, Momentive, Saint-Gobain, Quartz Corporation, High Purity Quartz DuPont, and Caeserstone are among the major quartz manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global quartz market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Quartz Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global quartz market by product type, end use industry, and region as follows:
By Product Type [Kilotons and $M shipment analysis for 2015 – 2026]:
Quartz Surface and Tile
High-Purity Quartz
Fused Quartz Crucible
Quartz Glass
Quartz Crystal
Quartz Sand
Plastic Foam
Others
By End Use Industry [Kilotons and $M shipment analysis for 2015 – 2026]:
Electronics and Semiconductor
Solar
Buildings and Construction
Medical
Optics and Telecommunication
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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