Quartz Market Size and Share Forecast 2022-28

The global quartz market size was valued at USD 6.8 billion in 2021 and is poised to grow at a significant CAGR of 6.8% during the forecast period 2022-28. The term "quartz" refers to a solid, naturally occurring, crystalline silicon dioxide (SiO2) mineral that is widely found in a variety of metamorphic, igneous, and sedimentary rocks. It is employed as a pressure gauge in depth-sounding equipment because of its piezoelectric capabilities, which help to generate positive and negative charges on alternate prism edges. In addition, quartz is strong, resistant to corrosion, and very tolerant of chemical and mineral weathering, which accounts for its widespread use in the production of many electronic goods. Currently, there are several different varieties of quartz that are sold commercially, including crucible, tailored, high-purity, and crystal forms.

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Quartz Market:
The rapid increase in worldwide population is to blame for increased infrastructure construction activities, which is driving the expansion of the quartz market. Rapid urbanisation in developing nations, an increase in building and construction activities worldwide, and the use of quartz material for various applications in the construction of homes and businesses are the main factors driving the global quartz market. Rising disposable income, shifting consumer lifestyles, and increased demand for single-family houses are a few of the key drivers of market expansion in the Asia Pacific area. Quartz is being used more frequently to give stone walls, flooring, and coverings a glossy appearance in a variety of residential and commercial building construction projects. Kitchen countertops, bathroom floors, and construction surfaces are all frequently made of quartz. Moreover, it can be utilised as a marble and granite replacement. Quartz materials are in high demand because of their superior physical and chemical characteristics, affordability, and durability. This element is anticipated to present profitable chances for the quartz market's manufacturers.

The global quartz market segmentation:
1) By Product: Quartz Surface and Tile,High-purity Quartz,Quartz Glass,Quartz Crystal,Quartz Sand, Others
2) By End User: Electronics and Semiconductor, Solar, Buildings and Construction, Medical, Optics, and Telecommunication, Others.

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Quartz Market Regional Analysis:
The growth of the quartz market is being hampered by its high cost. One of the world's top producers of quartz, China also produces a number of quartz-related goods. All quartz materials imported from China now have tariffs. The U.S. Commerce Department also declared that additional duties will be applied to quartz as a result of an investigation that revealed the illegal dumping of imported quartz into the country. This aspect is driving up the cost of quartz, which is limiting its use in many nations. This factor is predicted to slow market expansion.

Major players working in the Quartz Market are Baba Quartz, Quality Quartz Engineering, Momentive, Saint Gobain S.A., Creswick Quartz, Quartz Corporation, HIGH PURITY QUARTZ MATERIALS

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