Press release
Quartz Market COVID-19 Impact, Analysis, Status and Leading Global Companies 2022-2026
Quartz Market
Prime determinants of growth
Surge in usage as grating for pounding glass, sandblasting, and cutting delicate stones and technological advancements drive the global quartz market. However, the expensive nature of quartz hinders the market growth. On the other hand, increase in usage as oscillators in watches & radios and rise in research and development activities present new pathways in the industry.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6100
The quartz surface and tile segment to maintain its dominance during the forecast period
Based on product, the quartz surface and tile segment contributed to nearly two-fifths of the total share of the global quartz market in 2018, and is expected to maintain its dominance during the forecast period. This is due to increase in usage of quartz for creating building surfaces and as a substitute of granite and marble for its cost-effectiveness. However, the high-purity quartz segment is estimated to register the largest CAGR of 7.9% from 2019 to 2026, owing to increase in usage in semiconductor, solar, fiber optics, and lighting applications.
The electronics and semiconductor segment to maintain its lead position by 2026
Based on application, the electronics and semiconductor segment held the highest market share of the global quartz market, accounting for more than one-fourth of the total share in 2018, and is projected to maintain its lead position during the forecast period. However, the building and construction segment is expected to grow at the highest CAGR of 7.9% from 2019 to 2026, owing to surge in construction activities and usage of quartz in stonework dividers.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6100
North America to lead during the forecast period
Based on region, North America held the highest market share in terms of revenue, accounting for nearly two-fifths of the global quartz market in 2018, and is expected to lead during the forecast period. This is attributed to surge in demand for electronics and rise in installations of PV solar cells. However, Asia-Pacific is estimated to maintain the fastest CAGR of 7.1% from 2019 to 2026, owing to presence of key players and growth of the electronics and semiconductor industry.
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.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/6100
Leading market players
Baba Quartz
QQE
Momentive
Saint-Gobain
Creswick Quartz
Quartz Corporation
High Purity Quartz Pty Ltd.
DuPont
Caeserstone
Similar Reports
Corundum Market
https://www.alliedmarketresearch.com/corundum-market-A12713
Compostable Plastic Market
https://www.alliedmarketresearch.com/compostable-plastic-market-A06578
Herbicides Market
https://www.alliedmarketresearch.com/corundum-market-A12713
Breathable Films Market
https://www.alliedmarketresearch.com/breathable-films-market-A11586
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +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
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Quartz Market COVID-19 Impact, Analysis, Status and Leading Global Companies 2022-2026 here
News-ID: 2585150 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Quartz
Quartz Crystal Market Is Booming Worldwide | Beijing Kai de Quartz, Heraeus Hold …
Data Insights Market published a new research publication on "Quartz Crystal Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Quartz Crystal market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:…
High-Purity Quartz Sand Market Gaining Momentum Ahead on Innovation:Russian Quar …
HTF MI recently introduced Global High-Purity Quartz Sand Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Unimin Corp, The Quartz Corp, Russian Quartz, Jiangsu Pacific Quartz, ....
Download Sample…
Semiconductor Quartz Crucible Market Size, Share and Forecast By Key Players-Oji …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Semiconductor Quartz Crucible market is anticipated to grow at a compound annual growth rate (CAGR) of 8.49% between 2024 and 2031. The market is expected to grow to USD 8.84 Billion by 2024. The valuation is expected to reach USD 15.64 Billion by 2031.
The rising need for high-performance semiconductors and electrical devices is expected to fuel a substantial growth in the…
Ultra High Purity Quartz Sand Market | CAPLINQ, Jiangsu Pacific Quartz, Quartz C …
The global ultra high purity quartz sand market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the ultra high purity quartz sand market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the…
Quartz Crucible Market to Achieve a Superb CAGR from 2023 To 2030| Ojing Quartz, …
Quartz Crucible Market 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟑 𝐢𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧 𝐚 𝐪𝐮𝐚𝐥𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐜𝐨𝐧𝐬𝐢𝐬𝐭𝐞𝐧𝐭 𝐰𝐚𝐲 𝐭𝐨 𝐞𝐧𝐬𝐮𝐫𝐞 𝐚 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐨𝐮𝐭𝐜𝐨𝐦𝐞 of Quartz Crucible Market. In addition to identifying, analyzing, and estimating new trends, this research report also examines key industry drivers, challenges, and opportunities in addition to evaluating competitors, geographical areas, types, and applications. Understanding the competitive landscape is crucial for determining the product improvements that are…
Global Color Quartz Tube Market Insights Report, Market Drivers, Application, Fu …
Market Research Hub (MRH) has actively included a new research study titled “Global Color Quartz Tube Market” Insights, Forecast to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until 2025. In addition,…
