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Quartz Market 2023 : Trends, Business Growth And Major Driving Factors | Baba Quartz, Caesarstone Ltd., DuPont, Creswick Quartz, Jiangsu Pacific Quartz Co. Ltd., Thermofisher Scientific
Quartz Global Market Report
The Business Research Company's Quartz Global Market Report 2023 identifies the increase in demand for semiconductors is expected to propel the growth of the quartz market going forward. In the semiconductor sector, quartz plates and discs are required to manufacture boats, pedestals, wafers, wafer carriers, and batch processing equipment. Quartz, such as high purity quartz, is used in the semiconductor industry to produce crucibles and quartz glass products such as windows, rods, and tubes.
The global quartz market size will grow from $8.52 billion in 2022 to $9.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global quartz is expected to grow to $12.31 billion in 2027 at a CAGR of 7.3%.
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Major players in the quartz market are Baba Quartz, Caesarstone Ltd., DuPont, Creswick Quartz, Jiangsu Pacific Quartz Co. Ltd., Thermofisher Scientific, Quality Quartz Engineering, HanStone Quartz, Saint Gobain Group, Technistone, Murata Manufacturing Co Ltd., Abrisa Technologies, Alicante Surfaces Pvt. Ltd., Beijing Kaide Quartz Co. Ltd., Belenco, Bitto(Dongguan), Cambria, Compac, Cosentino Group, CR Lawrence, Diresco, Heraeus Holding, and Kyocera Corporation.
A key trend in the Quartz market includes the Product innovations are a key trend gaining popularity in the quartz market. Companies operating in the quart market are developing new innovative products and are working on research and development to reinforce their position.
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https://www.thebusinessresearchcompany.com/report/quartz-global-market-report
The Quartz market is segmented -
1) By Type: Engineered Quartz Stones, Quartz Sand, Quartz Pebbles, Quartz Crystals, Other Types
2) By Grade: High-Purity Quartz, Grade I, Grade II, Grad III
3) By End User: Electronics and Semiconductors, Solar, Building and Construction, Metallurgy, Optics and Telecommunication, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Quartz market.
The Business Research Company's "Global Quartz Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Quartz Market Include:
1. Executive Summary
2. Quartz Market Characteristics
3. Quartz Market Trends And Strategies
4. Quartz Market - Macro Economic Scenario
5. Quartz Market Size And Growth
……
27. Quartz Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Quartz Market
29. Quartz Market Future Outlook and Potential Analysis
30. Appendix
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