Global Quartz Market Trends 2022-2027: Industry Size, Share, Growth and Forecast

The latest research study "Quartz Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the Global Quartz Market size reached US$ 6.78 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.91 Billion by 2027 exhibiting a CAGR of 6.12% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Quartz represents a solid and natural crystalline mineral that is composed of silicon dioxide (SiO2) and is abundantly found in metamorphic, igneous, and sedimentary rocks. It possesses piezoelectric properties that aid in generating positive and negative charges on alternate prism edges, owing to which quartz is used as a pressure gauge in depth-sounding apparatus. It is corrosion-resistant, durable, and highly tolerant to chemical and mineral weathering. Consequently, quartz is extensively utilized in the manufacturing of various electronic products. Presently, it is commercially available in stones, crystals, pebbles, engineered, high-purity, and crucible types.

Quartz Market Trends and Drivers:

The widespread adoption of this mineral across the electronics and semiconductor sectors, on account of the inflating need for stable and high-performance resonators, is primarily driving the quartz market.

Additionally, the growing product utilization to produce several gemstones, including amethyst and citrine, for healing and spiritual purposes is further catalyzing the market growth. Besides this, the escalating demand for quartz crystals to manufacture frequency filters, controllers, timers, etc., in electronic circuits is acting as another significant growth-inducing factor.

Moreover, the rising number of construction activities has encouraged interior designers to use quartz as an engineering stone for numerous indoor flooring applications in commercial spaces, which is also positively influencing the global market. Apart from this, the increasing investments in R&D activities to develop high purity product variants are anticipated to fuel the quartz market over the forecasted period.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product:
• Quartz Surface and Tile
• High-Purity Quartz
• Quartz Glass
• Quartz Crystal
• Quartz Sand
• Others

Breakup by End User:
• Electronics and Semiconductor
• Solar
• Buildings and Construction
• Optical Fiber and Telecommunication
• Automotive
• Others

By Geography:
• North America
o United States
o Canada

• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others

• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others

• Latin America
o Brazil
o Mexico
o Others

• Middle East and Africa

List of Major Key Players:

The major players in the market are Asahi Glass Co. Ltd., Caesarstone Ltd., Compagnie de Saint-Gobain S.A., Heraeus Holding, Jiangsu Pacific Quartz Co. Ltd., Kyocera Corporation, Momentive Technologies, Nihon Dempa Kogyo Co. Ltd., Quality Quartz Engineering Inc. (Conax Technologies LLC), Sibelco and The Quartz Corporation.

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This release was published on openPR.