The Quartz Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Quartz Market:
https://www.thebusinessresearchcompany.com/report/quartz-global-market-report
According to The Business Research Company’s Quartz Global Market Report 2024, The quartz market size has grown strongly in recent years. It will grow from $9.01 billion in 2023 to $9.76 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to electronics industry growth, urbanization and construction, industrial applications, healthcare and medical uses, demand from aerospace and defense.
The quartz market size is expected to see strong growth in the next few years. It will grow to $13.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to environmental sustainability, global supply chain dynamics, shifts in consumer preferences, military and aerospace needs, healthcare and biotechnology expansion. Major trends in the forecast period include rise in luxury market demand, resilience in supply chain, artificial intelligence in processing, smart home integration, health and wellness applications.
An increase in demand for semiconductors is expected to propel the growth of the quartz market going forward. In the semiconductor sector, quartz plates and discs are required to manufacture boats, pedestals, wafers, wafer carriers, and batch processing equipment. Quartz, such as high purity quartz, is used in the semiconductor industry to produce crucibles and quartz glass products such as windows, rods, and tubes. For instance, according to the Semiconductor Industry Association (SIA), a US-based semiconductor industry, global semiconductor sales totaled $48.8 billion in October 2021, up 24.0 % from $39.4 billion in October 2020 and 1.1% higher than October 2021. Therefore, the increase in demand for semiconductors is driving the growth of the quartz market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=6596&type=smp
The quartz market covered in this report is segmented –
1) By Type: Engineered Quartz Stones, Quartz Sand, Quartz Pebbles, Quartz Crystals, Other Types
2) By Grade: High-Purity Quartz, Grade I, Grade II, Grad III
3) By End User: Electronics and Semiconductors, Solar, Building and Construction, Metallurgy, Optics and Telecommunication, Other End Users
Top Major Players:
Heraeus Holding, Kyocera Corporation
Murata Manufacturing Co Ltd.
DuPont de Nemours Inc.
Ferroglobe
Cosentino Group
Asia-Pacific was the largest region in the quartz market in 2023.
Major companies operating in the quartz market are focused on introducing advanced solutions, such as white quartz products, to gain a competitive edge in the market. White Quartz products are engineered quartz countertops made of natural ground quartz and resin. For instance, in October 2023, Classic Marble Company, an Indian-based marble company, launched KalingaStone Quartz products. KalingaStone Quartz products are marble with a range of seven white quartz products in varying tones of grey, brown, and black veins. It includes Calacatta Lazza, Calacatta Pristine, Calacatta Venezia, Calacatta Nero, Crystal Bliss, Crystal Serene, and Calacatta Rivolo. It is engineered, strong, hard, hygienic, non-porous, and resistant to stains and wear.
The quartz market report table of contents includes:
1. Executive Summary
2. Quartz Market Characteristics
3. Quartz Market Trends And Strategies
4. Quartz Market - Macro Economic Scenario
5. Global Quartz Market Size and Growth
…
32. Global Quartz Market Competitive Benchmarking
33. Global Quartz Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Quartz Market
35. Quartz Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
