LATIN AMERICA QUARTZ MARKET 2020-2028

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 An analysis by Triton Market Research on the quartz market in Latin America depicts that it will show substantial growth, at a CAGR of 4.57%, in the forecasting period 2020-2028. The countries reviewed in the Latin American quartz market are: •         Mexico •         Brazil •         Rest of Latin America Due to the decline in public finance in infrastructure projects, the Brazilian government initiated several programs like the Programme of Investment Partnerships or PPI, which helped in expanding and strengthening the public-private relationship, through partnership contracts.
Brazil is one of the net importers of quartz materials, utilizing them for the domestic production of materials. Due to the increasing applications of quartz in different sectors, the quartz market is set to surge over the forthcoming years.
https://www.tritonmarketresearch.com/reports/latin-america-quartz-market#request-free-sample As per the CBIC (Brazilian Chamber of Construction Industry), a gradual increase in the new home sales was witnessed in the first quarter of the year 2018. Brazil is the region's leading renewable and sustainable energy resource market, and this energy is used in approximately 76% of the total electricity generation in the country.
Besides, the country has envisioned to increase solar energy production to a capacity of 7 GW by the year 2024. The Brazilian Development Bank has announced an investment of $2.5 billion in this sector.
The growing investments towards the solar energy generation segment will create more business opportunities for solar module producers, operating globally. Owing to the favorable government policies, the capacity for solar energy is likely to grow at an exponential rate.
As quartz is used in the manufacturing of the solar components, the growth in the solar energy segment will lead to growth in the quartz market in the country. Incorporated in 1904, Elkem is amongst the leading companies in the environmentally-responsible manufacture of materials like polysilicon, electronics, aluminum, refractories, silicone chemicals and oilfield.
The company provides a wide range of products, from quartz to silicon and other silicone specialties & specialty ferrosilicon alloys. Elkem operates in four business segments, namely, Carbon, Foundry Products, Silicones and Silicon Materials.
The company has major business operations across various regions, including the Americas.  Few notable competitors in the quartz market are Dow, Heraeus Holding, Momentive, The Quartz Corporation, Sumco Corporation, Nordic Mining ASA, AGC Inc (Formerly Asahi Glass Co Ltd), Elkem ASA, Jiangsu Pacific Quartz Co Ltd, Saint Gobain, Ferroglobe, Beijing Kaide, Quartz Co Ltd, Rusnano Group, Nihon Dempa Kogyo Co Ltd and Sibelco.
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