Market Insights

As per recent research by MarkNtel Advisors, 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.

Global Quartz Market Driver:

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.

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Market Segmentation and Consumer Behavior:

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)

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Quartz Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Players and Competitive Strategies in the Quartz Market

Several prominent players dominate the Quartz Market, including:

  • 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

1.What factors are driving the Quartz Market growth?

2.How is the Quartz Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Quartz Market?

4.What is the current size of the Quartz Market, and how is it projected to change in the future?

5.What is the future outlook for the Quartz Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, 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 15 diverse industrial verticals.

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