Global Quartz Market By Type Overview
Quartz Market was valued at USD 8.75 Billion in 2024 and is projected to grow at a CAGR of 7.2 % to reach USD 16.5 Billion by 2034.
Quartz is one of the minerals in the Earth’s crust. Quartz refers to a specific chemical compound (silicon dioxide, or silica, SiO2), which have specific crystalline form (hexagonal). Quartz is found is all forms of rock: igneous, metamorphic and sedimentary. Quartz is physically and chemically resistant to weathering. Most of the quartz used in electronics industry. Quartz crystal, xtal resonators are available in many sizes and formats to uniform the requirements of most applications from minor surface mount devices right through to bigger through whole mounted crystals. Quartz are used in two main methods of application, it is used as resonant element in oscillators, and in filters.
Global Quartz Market By Type Drivers & Restraints
The growth of the quartz market is driving due to the bioactive glass undergoing rapid growth, for which quartz is used as a raw material. It is also used as a raw material in silicon metals which are used in photovoltaic solar cells. There is an increasing demand for the production of solar PV cells; such factor provides strong support to the target market growth. Additionally, the growth in demand for high-purity quartz in the semiconductor industry is growing rapidly such factor boost the target market growth. For instance, according to the World Semiconductor Trade Statistics (WSTS) – the worldwide semiconductor sales raised from US$125.6 billion in 1998 to $468.8 billion in 2018, with CAGR 6.81 % per year. In addition, the growing production and usage of LCD/LED, TVs and other electronic devices in the developing countries, is driving the target market growth. Moreover, the governments in the developing countries are investing heavily in their electronics industry, which is expected to further boost the demand for the quartz market. However, environmental impact of quartz mining is expected to restrain the target market growth. Furthermore, the developing technologies in the advance of quartz crystal are likely to act as an opportunity in the near future.
Global Quartz Market By Type Segmentations & Regional Insights
Quartz market is segmented on the basis of type, end-users, and region.
By type, the global market is classified in to quartz surface and tile, high-purity quartz, fused quartz crucible, quartz glass, quartz crystal, quartz sand, plastic foam, and other types. Quartz crystal is dominating the global market segment owing to the high demand form consumer electronics and automotive industries for progressive electronic devices and wireless technologies. By End-user the market is classified into electronics and semiconductor, solar industry, buildings and construction, medical industry, optics and telecommunication and others. Electronics and semiconductor industry is expanding continuously globally and the quartz are used highly in preparation electronics and semiconductor such factors drives the target market growth.
Regional Insights:
By Region the quartz market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Arica. Asia pacific dominates the target market, due to emerging country such as India and China, this attribute to growing demand from the end-user industries, as well as electronics, building and construction, and the medical sector. As well as this region largest producer of electronic goods and semiconductors such factor boosts the demand for semiconductor industries.
Quartz Market, By Type:
- Quartz Surface and Tile
- High-purity Quartz
- Fused Quartz Crucible
- Quartz Glass
- Quartz Crystal
- Quartz Sand
- Plastic Foam
- Other Types
Quartz Market, By End-user:
- Electronics and Semiconductor
- Solar Industry
- Buildings and Construction
- Medical Industry
- Optics and Telecommunication
- Others
Quartz Market, By Region:
- North America
- North America Quartz Market, By Type
- North America Quartz Market, By Country
- U.S.
- Canada
- North America Quartz Market, By End-user
- Europe
- Europe Quartz Market, By Type
- Europe Quartz Market, By End-user
- Europe Quartz Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Quartz Market, By Type
- Asia Pacific Quartz Market, By End-user
- Asia Pacific Quartz Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Quartz Market, By Type
- Latin America Quartz Market, By End-user
- Latin America Quartz Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Quartz Market, By Type
- Middle East & Africa Quartz Market, By End-user
- Middle East & Africa Quartz Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America Quartz Market, By Country
- North America Quartz Market, By Type
Global Quartz Market By Type Competitive Landscape & Key Players
The key players operating the Quartz market involves Beijing Kaide Quartz Co. Ltd, Sibelco (Unimin Corporation), Donghai Shihu Quartz, Alicante Surfaces Pvt. Ltd, The QUARTZ Corp., Technostone, HanStone Quartz, Essem MetaChem, High Purity Quartz Pty Ltd, HPQ Silicon, Jiangsu Pacific Quartz Co. Ltd, Nordic Mining ASA, Pokarna Limited, Russian Quartz (RUSNANO), and Mitsubishi Corporation.
Global Quartz Market By Type Company Profile
- Mitsubishi Corporation
- Russian Quartz (RUSNANO)
- Pokarna Limited
- Nordic Mining ASA
- Jiangsu Pacific Quartz Co. Ltd
- HPQ Silicon
- High Purity Quartz Pty Ltd
- Essem MetaChem
- HanStone Quartz
- Technostone
- The QUARTZ Corp.
- Alicante Surfaces Pvt. Ltd
- Donghai Shihu Quartz
- Sibelco (Unimin Corporation)
- Financial Performance
Global Quartz Market By Type Highlights
FAQs
Quartz market is segmented on the basis of type, end-users, and region.
The growth of the quartz market is driving due to the bioactive glass undergoing rapid growth, for which quartz is used as a raw material. It is also used as a raw material in silicon metals which are used in photovoltaic solar cells. There is an increasing demand for the production of solar PV cells; such factor provides strong support to the target market growth.
By Region the quartz market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Arica. Asia pacific dominates the target market, due to emerging country such as India and China, this attribute to growing demand from the end-user industries, as well as electronics, building and construction, and the medical sector. As well as this region largest producer of electronic goods and semiconductors such factor boosts the demand for semiconductor industries.
The key players operating the Quartz market involves Beijing Kaide Quartz Co. Ltd, Sibelco (Unimin Corporation), Donghai Shihu Quartz, Alicante Surfaces Pvt. Ltd, The QUARTZ Corp., Technostone, HanStone Quartz, Essem MetaChem, High Purity Quartz Pty Ltd, HPQ Silicon, Jiangsu Pacific Quartz Co. Ltd, Nordic Mining ASA, Pokarna Limited, Russian Quartz (RUSNANO), and Mitsubishi Corporation.