Why Quartz will rule in future? | Find out with Industry Predictions!

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.

The global quartz market accounted for US$ 8,037.0 Mn in 2018 and is expected to grow at a CAGR of 6.2% during the forecast period 2019 - 2027, to account to US$ 13,762.6 Mn by 2027.

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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 jewelry and stone carving. Amethyst, ametrine, citrine, and opal are precious or semi-precious gemstones that are widely used in jewelry for their color and durability.

On grounding quartz 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 has the potential to produce an electric voltage that can control the frequencies of electric impulses.

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Strategic Insights

Mergers and acquisitions were observed as the most adopted strategies in the global quartz market. Few of the recent developments in the global quartz market are listed below:

2019: Saint Gobain SA conducted R&D for new possible applications.

2017: Quality Quartz Engineering has been selected to deliver design development work on a load-bearing quartz rod integral to the energy supply of the world’s largest fusion reactor.