Quartz Market will Hit Big Revenues in Future | COVID-19 Unlock Opportunities

As per the report published by Allied Market Research, the global quartz market accounted for $8.23 billion in 2018 and is expected to garner $13.61 billion by 2026, growing at a CAGR of 6.4% from 2019 to 2026.

Increase in use of quartz for pounding glass, sandblasting and cutting delicate stones and technological advancements have boosted the growth of the global quartz market. However, its expensive nature hampers the market. On the contrary, surge in usage as oscillators in watches & radios and increase in R&D activities are expected to create lucrative opportunities in the near future.

Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/6100

The global quartz market is divided on the basis of products, end-user industry, and geography. Based on product, the market is segmented into quartz surface & tile, high-purity quartz, quartz glass, quartz crystal, quartz sand, and other. The high-purity quartz segment is expected to manifest the fastest CAGR of 7.9% from 2019 to 2026. However, the quartz surface and tilt segment held the largest share in 2018, accounting for nearly two-fifths of the market, due to surge in use in semiconductors, fiber optics, and solar applications.

On the basis of end-user industry, the market is categorized into electronics & semiconductor, solar, buildings & construction, medical, optics & telecommunication, and other. The electronics and semiconductor segment dominated the market in 2018, contributing more than one-fourth of the market. However, the building and construction segment is anticipated to portray the fastest CAGR of 7.9% from 2019 to 2026. This is due to increase in construction activities and use of quartz in stonework dividers.

The global quartz market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is expected to register the highest CAGR of 7.1% from 2019 to 2026. However, the market across North America held the largest share in 2018, accounting for nearly two-fifths of the market. This is due to increase in demand for electronics and surge in installation of PV solar cells.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6100

The global quartz market report includes an in-depth analysis of the major market players such as Baba Quartz, Momentive, QQE, Creswick Quartz, Saint-Gobain, High Purity Quartz Pty Ltd., Quartz Corporation, Caeserstone, and DuPont.

Access Avenue (Premium on-demand, subscription-based pricing model)
@ https://www.alliedmarketresearch.com/Avenue-Membership-details

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Acess Full Summary@ https://www.alliedmarketresearch.com/quartz-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.