North America Quartz Market to 2027

The quartz market in North America is accounted to US$ 2,235. 5 million in 2018 and is projected to reach US$ 3,605. 8 million by 2027; it is expected to grow at a CAGR of 5. 5% from 2019 to 2027.

New York, April 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Quartz Market to 2027 - Regional Analysis and Forecasts by Product ; End-User Industry, and Country" - https://www.reportlinker.com/p05887398/?utm_source=GNW

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 in sand of river, beach, and desert.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 in making accurate time-keeping instruments and equipment that can transmit radio and television signals with precise and stable frequencies. Quartz sand is used in the production of container glass, specialty glass, flat plate glass, and fiberglass.

Based on product, the quartz market is segmented into quartz surface and tile, high-purity quartz, quartz glass, quartz crystal, quartz sand, and others.The quartz surface and tile segment held the largest share of the quartz market in 2018.

Moreover, the high-purity quartz segment is projected to grow at a faster pace during the forecast period due to surging demand from the semiconductor industry.Quartz surface and tile segment holds the dominant share in the North America market as it is increasingly used for creating building surfaces.

Quartz is mainly used in the flooring applications among various industrial, residential, and commercials sectors as a cost-effective alternative to granite and marble.Quartz is also used in kitchen countertops and bathroom floors.

Therefore, the rapid expansion of the construction sector in the developed countries such as the US and Mexico is projected to provide a huge market opportunity for quartz surface and tiles manufacturers.

Based on country, the North American quartz market is segmented into the US, Canada, and Mexico.The US holds the largest share in the North American quartz market, which is followed by Canada.

Properties such as high resistance to heat and high electrical conductivity of quartz makes it a suitable mineral for various industrial sectors such as construction, semiconductor, electronics, energy, and power industries. The factors such as rising demands for high-end consumer electronics and electrical products coupled with the presence of large number of semiconductor manufacturers in North America are propelling the growth of quartz market in the region.

Caesarstone Ltd, Thermo Fisher Scientific Inc., Sibelco NV, E. I. Du Pont De Nemours and Company, Saint Gobain S.A., Quartz Corporation, Momentive Performance Materials Inc., and Quality Quartz Engineering are among the key players present in the North American quartz market.

The overall size of North American quartz market is analyzed using primary and secondary sources.The research process begins with comprehensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North American quartz market.