Report : Europe Quartz Market to 2027 - Regional Analysis and Forecasts by Product (Quartz Surface and Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, Others); End-User Industry (Electronics and Semiconductor, Solar, Buildings and Construction, Medical, Optics and Telecommunication, Others), and Country
Abundant availability and wide range applications of quartz to escalate the Europe quartz market at a CAGR of 6.5%
Latest market study on "Europe Quartz Market to 2027 – Analysis and Forecasts by Product (Quartz Surface and Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, Others); End-User Industry (Electronics and Semiconductor, Solar, Buildings and Construction, Medical, Optics and Telecommunication, Others), and Country". Quartz is a mineral form of SiO2 stable at low temperatures and pressures. It is found in igneous, sedimentary, metamorphic, and hydrothermal mineral environments, mainly in continental regions. It is highly resistant to mechanical and chemical weathering, and the high durability makes it the dominant mineral of mountaintops and the primary constituent of river, beach, and desert sand. One of the major properties of quartz crystals is the ability to vibrate at a precise frequency. Due to its high precise frequencies, quartz crystals are used to make extremely accurate time-keeping instruments and equipment that can transmit radio and television signals with precise and stable frequencies. Quartz products such as quartz sand is used in the production of container glass, specialty glass, flat plate glass, and fiberglass.
The Europe quartz market is accounted to US$ 1,692.53 Mn in 2018 and is expected to grow at a CAGR of 6.5% during the forecast period 2019 – 2027, to account to US$ 2,972.72 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Quartz is abundantly found and widely distributed mineral on the earth's surface. About 12% of the mass of the earth's crust is composed of quartz. Its stability in a wide pressure and temperature range and chemical and physical resistance to weathering are the key reasons for its availability in abundance. Quartz occurs in all acid igneous, metamorphic, and sedimentary rocks. Countries such as Belgium, Bulgaria, France, Germany, and the UK mine significant quantities of quarts. Quartz is exported on a large scale from countries such as Turkey, Spain, Germany, Italy, Norway, Russia, the Czech Republic, Angola, and Belgium. Quartz finds usage in a wide range of applications in industries such as electronics and semiconductor, solar, buildings and construction, medical, and optics and telecommunications. Quartz is naturally available in different varieties, shapes, transparencies, and colors, which further increase its value and application. Different types of colored quartz are considered semi-precious gemstones, and they are often used in jewellery and stone carving. Amethyst, ametrine, citrine, and opal are precious or semi-precious gemstones that are widely used in jewellery for their color and durability. When quartz is ground up into quartz sands, it can be used in the production of fiberglass, and as an abrasive in sandblasting and stone-cutting. Pure quartz sand is extensively used in water purification systems. Small chips produced of quartz are used in watches, televisions, clocks, computers, and stereos as quartz when under pressure can produce an electric voltage that can control the frequencies of electric impulses.
The market for Europe quartz is concentrated with some very well-established players. Some of the key players in the Europe quartz market include Caesarstone Ltd, Thermo Fisher Scientific Inc., Sibelco NV, E. I. Du Pont De Nemours and Company, Saint Gobain S.A., Quartz Corporation, and Momentive Performance Materials Inc.amongst the others.
Europe Quartz Market - By Country Breakdown, 2018
Quartz Market, by Product
The report segments the Europe quartz market as follows: