MarkNtel Advisors recently published a detailed industry analysis of the Global Quartz Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Quartz Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Quartz Market size is valued at USD 6.54 Billion in 2023 & is estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2024-30.

Key Findings in Global Quartz Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2030

Leading Market Players- Cisco, Fireeye Inc., IBM, Manageengine [ZOHO], Netscout Systems, Niksun, Novetta Solutions, Opentext, Palo Alto Neworks, RSA Security, Solarwinds, Sonicwall, Symantec [Broadcom], Vectra AI, Viavi Solutions, Others [Graylog, Difose, etc]

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Quartz Market?

Rising Hospitality Projects Uplifting the Demand for Quartz– In recent years, tourism across the globe has significantly increased due to the rise in business travel & medical tourism. Based on the statistics by the United World Tourism, International tourist arrivals in the American countries have reached approximately 90% of the pre-pandemic levels. This surge in tourism is leading to the requirement for accommodation facilities. As a result, several hotel groups are expanding their hotels across the region. For instance, as per the statistics by Lodging Econometrics (LE), as of Q4 2023, there are approximately 6,160 under-construction hospitality projects. These hotels & resorts essentially require quartz products for making countertops, flooring, and wall cladding. In addition, quartz products offer aesthetic appeal and resemble to natural stones like granite & marble. Therefore, the developers are using quartz to furnish high-end & luxury surfaces, further amplifying the Global Quartz Market.

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What segments define the Global Quartz Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

By Type

• Quartz Surface & Tile- Market Size & Forecast 2019-2030, (Thousand Tons)
• High-purity Quartz- Market Size & Forecast 2019-2030, (Thousand Tons)
• Quartz Glass- Market Size & Forecast 2019-2030, (Thousand Tons)
• Quartz Crystal- Market Size & Forecast 2019-2030, (Thousand Tons)
• Quartz Sand- Market Size & Forecast 2019-2030, (Thousand Tons)
• Others- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, Of them all, Quartz Surfaces & Tiles holds a noteworthy market share in the Global Quartz market.

By End User

• Building & Construction - Market Size & Forecast 2019-2030, (Thousand Tons)
• Medical- Market Size & Forecast 2019-2030, (Thousand Tons)
• Electronics & Semiconductor-Market Size & Forecast 2019-2030, (Thousand Tons)
• Solar- Market Size & Forecast 2019-2030, (Thousand Tons)
• Optical Fiber & Telecommunication- Market Size & Forecast 2019-2030, (Thousand Tons)
• Others- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, The Electronics & Semiconductor industry holds the dominant market share in the Global Quartz Market.

Explore the Complete Global Quartz Market Analysis Report – https://www.marknteladvisors.com/research-library/quartz-market.html

Geographical Analysis: Global Quartz Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Global Quartz Market Recent Development:

• 2024 Years: Kyocera Corporation announced the commencement of its new manufacturing facility in the US. The unit would develop FC-cut crystals & quartz in the forecast period.

• 2023 Years: Sibelco one of the top industrial minerals providing companies, announced a major expansion of its Spruce Pine Facility in the US, with an estimated $200 million investment between 2023 & 2025 to double HPQ (High Purity Quartz) installed capacity.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Quartz Market?
• How is the Global Quartz Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/quartz-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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