Lucintel’s latest market report analyzed that quartz provides attractive opportunities in the electronics and semiconductor, solar, buildings and construction, optics and telecommunication, and metallurgy industries. The quartz market is expected to reach $8.6 billion by 2026 with a CAGR of 5%. In this market, high-purity quartz is the largest segment by product type, whereas buildings and construction is largest by end use industry. The increasing adoption of quartz countertop and increasing demand quartz in microelectronics applications provides strategic growth path in this market.
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Based on product type, the quartz market is segmented into quartz sand, quartz surface and tile, high-purity quartz, quartz crystal, silicon metal, and others. The high-purity quartz segment is expected to accounted for the largest share of the market in 2020 due to increasing demand for quartz in the manufacturing for crucible which is used in the casting of silicon for photovoltaics cell and semiconductor industry is driving the demand for high purity quartz market.
Browse in-depth TOC on “Quartz Market”
99 – Tables
113 – Figures
194 – Pages
The quartz market is marked by the presence of several big and small players. Some of the prominent players offering quartz include Quality Quartz Engineering, Inc., The Quartz Corporation, Sibelco (Unimin Corporation), Momentive Performance Material, Saint-Gobain, Jiangsu Pacific Quartz Co., Nordic Mining, AGC, Russian Quartz, and many others.
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