Latin America Synthetic Quartz Market Size & Outlook
The synthetic quartz market in Latin America is expected to reach a projected revenue of US$ 6.9 million by 2030. A compound annual growth rate of 4.7% is expected of Latin America synthetic quartz market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.0
Forecast, 2030 (US$M)
$6.9
CAGR, 2024 - 2030
4.7%
Report Coverage
Latin America
Latin America synthetic quartz market, 2018-2030 (US$M)
Latin America synthetic quartz market highlights
- The Latin America synthetic quartz market generated a revenue of USD 5.0 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, synthetic quartz crystal was the largest revenue generating product in 2023.
- Synthetic Quartz Crystal is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 5.0 million |
| Market revenue in 2030 | USD 6.9 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Synthetic quartz crystal |
| Fastest growing segment | Synthetic Quartz Crystal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic Quartz Crystal |
| Key market players worldwide | AGC, CoorsTek, Daishinku, Heraeus, Murata Manufacturing Co Ltd, Nihon Dempa Kogyo, Seiko Epson Corp, Shin-Etsu Chemical Co Ltd, Siward Crystal Technology, Universal Instrument |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.9% of the global synthetic quartz market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 52.2 million by 2030.
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Synthetic Quartz Market Scope
Synthetic quartz market segmentation & scope
Application
Electrical & Electronics
Automotive
Construction
Others
Countries
U.S.
Canada
Mexico
Germany
France
UK
Sweden
Spain
Norway
Denmark
Italy
China
India
Japan
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Synthetic Quartz Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America synthetic quartz market
Related regional statistics
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