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Quartz Slabs Manufacturing Business Plan | Best Mineral Based Industries for Starting a Business | Detailed Project Report for setting up New Business

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Introduction

Quartz Slab is one of in-demand kind of stone countertops due to its high quality, low price, and easy installation. People who are looking for a new countertop may think quartz slab as a right choice because of its light weight (15% lighter than granite), resistance to staining and scratches, and ease of maintenance.  Besides, it also has a variety of colors and sizes.

Uses and Applications

Quartz stone slabs that can be used for interior decoration purposes. Quartz slabs are widely used in building industry, architecture. They can be used for flooring purpose or wall cladding purpose as well as in furniture making process. These slabs can be used as kitchen countertop material, bathroom countertop material etc. Generally use quartz slab to make counter tops and other building material.

Quartz has been used antiquity to manufacture jewelry and hardstone carvings, as well as natural objects such as crystal balls.

Manufacturing Process

Quartz slabs are fabricated using a number of different methods, depending on what exactly is required of them. If they are being produced for countertops or other solid-surface products, they will be cut by laser-guided machining with computerized controls and blades. The process uses several passes to achieve a smooth surface finish. Cut quartz slabs can also be polished to give them an even smoother finish. Polishing can be done by hand with abrasive compounds, as well as mechanically. In either case, it requires skill and experience to get a good polish without damaging or distorting the slab. Polished slabs have a more glassy appearance than those that have been cut with lasers. They may also have sharper edges, which could make them more prone to chipping during shipping and handling. Therefore, some companies opt for laser cutting over polishing in order to save money on shipping costs. Hand-polished slabs cost less but take longer to produce.

The production process begins with raw materials. Quartz crystals are typically mined from rock deposits located around the world, although synthetic quartz has become popular in recent years due to its lower cost and environmentally friendly production methods. To create a block of synthetic quartz crystal, liquid resin is poured into molds where it hardens into blocks known as boules. These blocks are then ground down into smaller pieces that eventually become finished slabs after processing at a factory.

Benefits of starting Quartz Slabs Manufacturing Business 

Now-A-Days quartz is used in different industries like hotels, restaurants and to make ceramic products. So if you have idea of starting Quartz Slabs manufacturing business then you should start it because Quartz slabs are now in high demand. There are several benefits associated with starting a quartz slabs manufacturing business. Quartz slabs are popular for their durability and hardness, which helps make them resistant to scratches and dents. They also resist breakage from heat or sharp impacts making them easy to use in homes or offices as flooring material, kitchen tops, table tops etc. The glass-like look of these slabs also makes them desirable for interior decoration purposes as well. Raw materials required for manufacturing quartz slabs are easily available in most parts of India • Minimum setup cost • High profit margin • Simple production process • There is a huge demand for quality products at affordable prices • Manufacturers do not have to face any competition because there are very few companies producing such products. 

Global Market Outlook:

The global quartz market was valued at $8.23 billion in 2018 and is projected to reach $13.61 billion by 2026, growing at a CAGR of 6.4% from 2019 to 2026. Quartz is one of the most differed minerals on the Earth, and its abundant colors produce numerous gemstone types. As quartz is increasingly being used in these end-user industries, it is expected to drive the growth of the global market. High cost of quartz is restricting the quartz market growth. Increasing use of quartz as a surface and tile is expected to drive the growth of global market. High Purity Quartz is projected as the fastest growing segment in the quartz market analysis.

The global Quartz Slabs market is valued at 10600 million USD in 2020 is expected to reach 14880 million USD by the end of 2026, growing at a CAGR of 4.9% during 2022-2026.

Asia Pacific contributed largest share in the global market. Due to increasing infrastructural development activities, with higher consumer spending on aesthetically improved architectures, Asia-Pacific is expected to indicate the fastest growth in the near future. North America is projected to show significant growth in the market due to the adoption of various engineered materials along with architectural advanced technologies in the region. Europe has a large market share after Asia Pacific and North America. Rising application in construction industry and increased commercialization has led to the growth of the market in the region. The investment from key manufacturers and favorable growth of the construction industry have expanded the market for quartz slab in Latin America, Middle East and Africa.

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