Quartz Market Size, Development, Key Opportunity, Application & Forecast to 2023
Date: 2019-02-07   Author: Partha Ray  Category: #industry

Quartz Market Size, Development, Key Opportunity, Application & Forecast to 2023

The worldwide market for Quartz is expected to grow at a CAGR of roughly 12.4% over the next five years, will reach 14800 million US$ in 2023, from 7350 million US$ in 2017, according to a new study.

This report studies the Quartz market, Quartz is crystallised silicon dioxide (SiO2), which is usually white or transparent, although it can be found in other colors if it comes into contact with impurities during its formation.,Quartz is one of the hardest natural materials on earth and has an appearance similar to granite. It is comprised of silicon dioxide. It is naturally scratch and stain resistant and non-porous; bacteria, mold and mildew don't grow very easily on quartz counters. This crystalline mineral is used for kitchen and bathroom counters, though it is more commonly used in jewelry and electronics.,Quartz counters are made from either a natural slab that has been polished or engineered quartz composite. Pure, natural slabs are very expensive and are therefore quite uncommon as countertops. The engineered type is made of 93 to 97 percent ground quartz combined with resins, binders and pigments. This combination is poured into molds and allowed to harden, then finished into the shape and style desired. This type of counter is much more affordable and common than the natural slab.

Request a sample Report of Quartz Market at: https://www.marketstudyreport.com/request-a-sample/1210898?utm_source=algosonline.com-&utm_medium=AN

At present, this industry has a rather high dispersion. The major manufacturers of quartz are concentrated in Cosentino Group, Caesarstone, Hanwha L&C, Compac and Vicostone. The global quartz market that was valued at 4.45 Billion  in 2013 is up to be worth 7.35 Billion  by the end of 2017, registering growth at an impressive CAGR of 13.35%.

Quality quartz is used for a range of applications such as kitchen countertops, bathroom vanities and counters, and custom solutions for home and commercial interiors. Recently quartz has acquired increasing significance in various fields of residential quartz and commercial quartz. Globally, the quartz market is mainly driven by growing demand for kitchen countertops which accounts for nearly 51.70% of total downstream consumption of quartz in global.

According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of quartz. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.

Questions answered in the report with respect to the competitive hierarchy of the Quartz market:

  • As per the report, what are the companies that are encompassed in the competitive landscape of the Quartz market?
  • Which among these companies – Cosentino Group, Caesarstone, Hanwha L&C, Compac, Vicostone, Dupont, LG Hausys, Cambria, Santa Margherita, Quartz Master, SEIEFFE, Quarella, Samsung Radianz, Technistone, QuartzForm, CR Lawrence, Stone Italiana, Granitifiandre, Equs, Diresco, Belenco, QuantumQuartz, Pental, Sage Surfaces (Allen+Roth), Zhongxun, Sinostone, Bitto(Dongguan), OVERLAND, UVIISTONE, Polystone, Meyate, Gelandi, Blue Sea Quartz, Baoliya and Qianyun, has been touted to emerge as the most lucrative investment hub in this market?
  • How much share do each of these firms procure in the Quartz market?
  • What are the principal products manufactured by these companies in the industry?
  • What are the gross margins and price trends of each firm in the market?

Questions answered in the report with respect to the regional expanse of the Quartz market:

  • Which among the regions of North America, Europe, Asia-Pacific, South America & Middle East and Africa is likely to accrue the maximum market share?
  • What are the sales and revenue statistics of each of the geographies in question?
  • How much is the present valuation of each region and what will the forecast revenue of each place be pegged at
  • What is the projected growth rate touted to be recorded by each of the geographies in Quartz market?

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Questions answered in the report with respect to the market segmentation and more:

  • Which among the types of Press Molding and Casting Molding is slated to amass the maximum returns in the Quartz market?
  • What is the market share of each type in the industry?
  • What is the revenue and sales estimate of each of the product types in question by the end of the anticipated timeframe?
  • Which application among Kitchen Countertops, Facades, Flooring and Others is touted to be the most lucrative segment in the + market?
  • How much is the market share of every application segment in this business vertical?
  • How much is the revenue that each application is likely to procure by the end of the projected period?

The Quartz market study, in a nutshell, is comprised of an extensive analysis of this industry vertical that focuses on the regional terrain of this market and a slew of other deliverables such as insights with respect to market share, revenue projection, sales volume, market concentration rate as well as the market competition trends. Further, the report incorporates information regarding the sales channels adopted by myriad vendors in a bid to ensure the most convenient manner of product marketing. Details with regards to the contribution of traders & distributors in the supply chain are elucidated in the study as well.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-quartz-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023

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About Author


Partha Ray

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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