Global Quartz Market (2020 to 2028) - Increased Demand from Fiber Optic Cables & Optic Lenses Sector Presents Opportunities - ResearchAndMarkets.com

DUBLIN--()--The "Global Quartz Market 2020-2028" report has been added to ResearchAndMarkets.com's offering.

According to this report on the global quartz market, the industry is predicted to grow at a CAGR of 4.94% during the forecasting period 2020-2028.

The increasing applications of quartz in different industries, like lighting, jewelry, abrasive, construction, glass manufacturing, petroleum and watch, are the major driver of the quartz market's growth. The rising use of high-purity quartz in the semiconductor industry and the growth of the solar industry are other factors set to accelerate market growth.

Key opportunities like the increasing demand for the quartz from the fiber optic cables & optic lenses sector and the growing applications of frac sand in specialized drilling must be leveraged to reach the estimated growth. However, the harmful impact of quartz mining on the environment is hampering the market growth. Moreover, the discoloration or pigmentation in quartz tiles & slabs over time is a significant challenge in the growth of the quartz market.

The global market report covers the countries from North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

Asia-Pacific is expected to be the fastest-growing region of the quartz market during the forecasted period. It is also the largest market with the highest revenue contribution. Most of the countries in Asia-Pacific, including India, China and ASEAN countries, are the large exporters of quartz. The growth of the housing sector and increased usage of solar panel systems in these countries are aiding the growth of quartz market.

Companies Mentioned

  • Elkem ASA
  • Jiangsu Pacific Quartz Co Ltd
  • Saint Gobain
  • Ferroglobe
  • Beijing Kaide
  • DOW
  • The Quartz Corporation
  • AGC Inc (Formerly ASAhi Glass Co Ltd)
  • Rusnano Group
  • Momentive
  • Nihon Dempa Kogyo Co Ltd
  • Sumco Corporation
  • Nordic

Key Topics Covered:

1. Global Quartz Market - Summary

2. Industry Outlook

2.1. Market Definition

2.2. Key Insights

2.2.1. Emerging Applications of Quartz Powder

2.2.2. Development of Bioactive Glass Technology

2.2.3. Inorganic Growth Via Different Corporate Strategies - Key Trend

2.3. Porter's Five Force Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitute

2.3.3. Bargaining Power of Buyers

2.3.4. Bargaining Power of Suppliers

2.3.5. Threat of Competitive Rivalry

2.4. Market Attractiveness Index

2.5. Vendor Scorecard

2.6. Industry Components

2.7. Market Drivers

2.7.1. Widening Applications of Quartz in Numerous Industries

2.7.2. Rise in Use of High-Purity Quartz from Semiconductor Industry

2.7.3. Growing Solar Industry to Drive Market

2.8. Market Restraints

2.8.1. Impacts of Quartz Mining on the Environment

2.9. Market Opportunities

2.9.1. Increased Demand from Fiber Optic Cables & Optic Lenses Sector

2.9.2. Applications of FRAC Sand in Specialized Drilling

2.10. Market Challenges

2.10.1. Discoloration Or Pigmentation in Quartz Tiles & Slabs

3. Global Quartz Market Outlook - by Type

3.1. High-Purity Quartz

3.1.1. Quartz Surface and Tile

3.1.2. Fused Quartz Crucible

3.1.3. Quartz Glass

3.2. Quartz Crystal

3.3. Silicon Metal

4. Global Quartz Market Outlook - by Application

4.1. Electronics and Semiconductor

4.2. Solar

4.3. Buildings and Construction

4.4. Optical Fiber and Telecommunication

4.5. Automotive

4.6. Other Applications

5. Global Quartz Market - Regional Outlook

5.1. North America

5.2. Europe

5.3. Asia-Pacific

5.4. Latin America

5.5. Middle East and Africa

6. Competitive Landscape

7. Research Methodology & Scope

7.1. Research Scope & Deliverables

7.2. Sources of Data

7.3. Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/e7ln9d

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press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900