Quartz Market Is Anticipated To Grow At A Cagr Of 5% During 2021-2026

By Author: Lucintel LLC
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The global quartz market is projected to reach $8.6 billion by 2026, at a CAGR of 5% during 2021-2026. The growth of quartz market is driven by increasing demand for quartz in semiconductor and electronics industry and surging demand for solar photovoltaic/PV cells.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the quartz market by end use industry (Electronics and Semiconductors, Solar, Building and Construction, Metallurgy, Optics and Telecommunication, and Others), by product type (Quartz Sand, Quartz Surface and Tile, High-Purity Quartz, Quartz Crystal, Silicon Metal, and Others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the quartz market?
Q.4 What are some changing demands of customers in the quartz market?
Q.5 What are the new developments in the quartz market? Which companies are leading these developments?
Q.6 What strategic initiatives are being ...
... implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this quartz area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this quartz market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing adoption of quartz countertop and increasing demand quartz in microelectronics applications.
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Market Segmentation:
Based on product type, the quartz market is segmented into quartz sand, quartz surface and tile, high-purity quartz, quartz crystal, silicon metal, and others. The high-purity quartz segment is expected to accounted for the largest share of the market in 2020 due to increasing demand for quartz in the manufacturing for crucible which is used in the casting of silicon for photovoltaics cell and semiconductor industry is driving the demand for high purity quartz market.
Asia Pacific is expected to be the largest region over the forecast period due to the growth in building and construction industry, increasing semiconductor manufacturing industry, and expansion of solar projects.
Key Players in the quartz market are Quality Quartz Engineering, Inc., The Quartz Corporation, Sibelco (Unimin Corporation), Momentive Performance Material, Saint-Gobain, Jiangsu Pacific Quartz Co., Nordic Mining, AGC, Russian Quartz, and many others Inc.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/quartz-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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