The global demand for Quartz Stone Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Quartz is a crystalline mineral comprised of silicon and oxygen atoms and is the second most abundant mineral in the earth's crust. Some of the most common are amethyst, ametrine, rose quartz, carnelian, onyx, jasper, smokey quartz, agate, milky quartz, and tiger's eye. Quartz stone has been the most commonly used minerals in making jewelry and hardstone carvings, glass, abrasive, countertops, foundry sand, sand slurries, specialized lenses, electronic sensors, windows, filters lasers, microscopes, telescopes, and scientific instruments. They are also used as a filler material in putty, paint, and rubber.
Market Dynamics
Escalating demand for non-renewable energy and rising manufacturing of electronics drive the global quartz stone market's growth. Growing investment in solar projects and increasing penetration of electronics products across the world amplify the market's growth. The majority of the quartz stone produce is employed in electronics and semiconductor and solar industry. Also, growing popularity as a construction material is significantly contributing to the global market. A few players dominate the global quartz stone market. The Asia Pacific, led by China, dominates the global market in terms of consumption.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of quartz stone.
Market Segmentation
The report segments the quartz stone market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
By Type
- Quartz Surface
- Quartz Tile
- Others
By Application
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for quartz stone market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Quartz Stone Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the quartz stone market include COSENTINO, Caesarstone, Hanwha L&C, Compac, Vicostone, Wilsonart, DowDupont, LG Hausys, Cambria, Santa Margherita, Quartz Master.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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