Quartz Powder Market Introduction
Quartz powder is a fine-grained mineral powder that is derived from quartz, a mineral composed of silicon and oxygen atoms. The market for quartz powder is driven by its various properties such as high hardness, low oil absorption, and high chemical stability. Here is an overview of the research on the quartz powder market:
- Market Size and Forecast: The global quartz powder market size was valued at USD 532.8 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2021 to 2028. The increasing demand for quartz powder in various end-use industries such as electronics, ceramics, and paints and coatings is driving the growth of the market.
- End-Use Industries: The quartz powder market is segmented by end-use industry into electronics, ceramics, paints and coatings, glass, and others. The electronics industry is the largest end-use industry for quartz powder, driven by the increasing demand for quartz powder in the production of semiconductors, electronic devices, and solar panels. The ceramics industry is another significant end-use industry for quartz powder, where it is used as a filler material to improve the mechanical properties of ceramic products.
- Regional Analysis: The quartz powder market is segmented by region into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is the largest market for quartz powder, driven by the increasing demand for electronics and ceramics in the region. China is the largest producer and consumer of quartz powder in the region, followed by India and Japan.
- Competitive Landscape: The quartz powder market is highly competitive, with several global and regional players operating in the market. Some of the major players in the market include Sibelco, Quartz Corp, Imerys, and Momentive.
- Market Trends: The quartz powder market is witnessing several trends such as the increasing demand for high-purity quartz powder in the electronics industry, the growing use of quartz powder in the production of engineered stone, and the increasing demand for eco-friendly and sustainable quartz powder.
Overall, the quartz powder market is expected to grow in the coming years, driven by the increasing demand from various end-use industries and ongoing technological advancements in the production process.
Quartz Powder Market Industry Analysis
The quartz powder market is a growing industry driven by its diverse range of properties and applications. Here is an overview of the industry analysis of the quartz powder market:
- Market Drivers: The demand for quartz powder is driven by its properties such as high hardness, low oil absorption, and high chemical stability. The growing use of quartz powder in various end-use industries such as electronics, ceramics, paints and coatings, and glass is driving the growth of the market. The increasing demand for high-purity quartz powder in the electronics industry and the growing use of engineered stone in the construction industry are also driving the growth of the market.
- Market Restraints: The quartz powder market is subject to certain restraints such as the high cost of production, the limited availability of high-purity quartz deposits, and the growing demand for substitutes such as silica fume and fly ash.
- Value Chain Analysis: The value chain of the quartz powder market includes the extraction of raw materials, processing, transportation, and distribution. The value chain is driven by the availability of raw materials, the cost of production, and the demand from various end-use industries.
- Regulatory Landscape: The quartz powder market is subject to various regulations such as occupational health and safety regulations, environmental regulations, and trade regulations. The production and use of quartz powder are subject to regulations governing the use of hazardous materials, waste disposal, and emissions.
- Industry Trends: The quartz powder market is witnessing several industry trends such as the increasing use of high-purity quartz powder in the electronics industry, the growing demand for eco-friendly and sustainable quartz powder, and the adoption of advanced technologies in the production process to improve efficiency and reduce costs.
Overall, the quartz powder market is a growing industry driven by the increasing demand from various end-use industries and ongoing technological advancements in the production process. The industry faces certain challenges such as the high cost of production and the limited availability of high-purity quartz deposits, but the market is expected to remain strong due to the growing demand for high-performance materials in various end-use industries.
Quartz Powder Market Trends
The quartz powder market has been experiencing a number of trends in recent years, including:
- Increasing demand from the electronics industry: Quartz powder is used in the production of electronic components such as semiconductors, circuit boards, and optical fibers. With the growing demand for electronic devices such as smartphones, tablets, and laptops, the demand for quartz powder is expected to increase.
- Growing demand from the construction industry: Quartz powder is also used in the construction industry as an additive in concrete, mortar, and other building materials. The growing construction industry in emerging economies such as China, India, and Brazil is expected to drive the demand for quartz powder in the coming years.
- Shift towards sustainable manufacturing processes: Manufacturers of quartz powder are increasingly adopting sustainable manufacturing processes that reduce their environmental footprint and enhance their brand image. For instance, some manufacturers are using renewable energy sources to power their manufacturing facilities and are recycling waste materials to reduce waste generation.
- Technological advancements in manufacturing processes: Manufacturers of quartz powder are investing in R&D activities to develop new and innovative manufacturing processes that improve the quality and efficiency of their products. For instance, some manufacturers are using advanced grinding and milling technologies to produce high-quality quartz powder with a narrow particle size distribution.
- Increasing competition from alternative materials: Quartz powder faces competition from alternative materials such as feldspar and kaolin, which offer similar properties at a lower cost. This could potentially impact the market share of quartz powder and limit the growth of the market.
Overall, the quartz powder market is expected to grow in the coming years due to increasing demand from the electronics and construction industries and the shift towards sustainable manufacturing processes. However, the market also faces challenges from competition from alternative materials and the need for continued technological advancements in manufacturing processes.
Quartz Powder Market Size And Forecast
The global quartz powder market size was valued at USD 750 million in 2021 and is expected to reach USD 1.2 billion by 2028, growing at a CAGR of around 6.5% during the forecast period.
The growth of the quartz powder market can be attributed to the increasing demand for quartz powder in various industries such as electronics, construction, and healthcare. The electronics industry, in particular, is a major consumer of quartz powder due to its properties such as high thermal stability, low coefficient of thermal expansion, and excellent electrical insulation. The growing demand for electronic devices such as smartphones, tablets, and laptops is expected to drive the demand for quartz powder in the coming years.
In the construction industry, quartz powder is used as an additive in concrete, mortar, and other building materials to enhance their properties such as strength, durability, and weather resistance. The growing construction industry in emerging economies such as China, India, and Brazil is expected to drive the demand for quartz powder in the coming years.
Furthermore, the shift towards sustainable manufacturing processes is expected to drive the demand for quartz powder in the coming years. Manufacturers are increasingly adopting sustainable manufacturing processes that reduce their environmental footprint and enhance their brand image. For instance, some manufacturers are using renewable energy sources to power their manufacturing facilities and are recycling waste materials to reduce waste generation.
In terms of geography, Asia Pacific is expected to be the largest market for quartz powder during the forecast period. The region is home to several major electronics manufacturers and is experiencing rapid urbanization and infrastructure development, which is driving the demand for quartz powder in the construction industry. North America and Europe are also expected to contribute significantly to the growth of the market due to the presence of major electronics and healthcare industries in these regions.
Quartz Powder Market Share Analysis
The global quartz powder market is highly fragmented, with several players operating in the market. Some of the key players in the market include Unimin Corporation, Quartz Corp, Sibelco Group, Minerali Industriali Srl, and Imerys SA.
Unimin Corporation is one of the leading players in the market, with a significant presence in the North American region. The company offers a wide range of quartz powder products for various applications, including electronics, construction, and healthcare.
Quartz Corp is another major player in the market, with a significant presence in the European region. The company offers high-purity quartz powder products for various applications, including semiconductor manufacturing, photovoltaics, and telecommunications.
Sibelco Group is a global player in the market, with a significant presence in the Asia Pacific and European regions. The company offers a wide range of quartz powder products for various applications, including electronics, construction, and glass manufacturing.
In terms of market share, Unimin Corporation and Quartz Corp are the two leading players in the market, with a combined market share of around 30%. Other players in the market include Minerali Industriali Srl, Imerys SA, and several regional players.
The market is expected to remain highly competitive in the coming years, with players focusing on product innovation, sustainable manufacturing processes, and strategic collaborations to gain a competitive edge in the market. Moreover, the entry of new players is expected to further intensify the competition in the market, driving innovation and offering consumers a wide range of options to choose from.
Quartz Powder Market Competitive Landscape
The quartz powder market is highly competitive, with several global and regional players operating in the market. Some of the major players in the market include:
- Sibelco: Sibelco is a global leader in the production and supply of industrial minerals, including quartz powder. The company offers a wide range of quartz products for various applications such as ceramics, paints and coatings, and electronics.
- Quartz Corp: Quartz Corp is a leading producer of high-purity quartz powder for the electronics industry. The company operates several mines and processing facilities in the United States, Norway, and Brazil.
- Imerys: Imerys is a global supplier of mineral-based solutions, including quartz powder. The company offers a wide range of quartz products for various end-use industries such as ceramics, paints and coatings, and glass.
- Momentive: Momentive is a global leader in specialty chemicals and materials, including quartz powder. The company offers a wide range of high-purity quartz products for the electronics and semiconductor industries.
- Jiangsu Pacific Quartz Co., Ltd: Jiangsu Pacific Quartz Co., Ltd is a leading producer of high-purity quartz powder in China. The company offers a wide range of quartz products for various end-use industries such as electronics, ceramics, and solar.
Other key players in the quartz powder market include Saint-Gobain, Donghai Colorful Mineral Products Co., Ltd, and Guangzhou Xingyang Quartz Material Co., Ltd.
These companies compete on the basis of product quality, price, distribution network, and technological innovation. The competition in the market is expected to intensify in the coming years, driven by the increasing demand for high-performance materials in various end-use industries and ongoing technological advancements in the production process.
Quartz Powder Market Intelligence
Quartz powder is a finely ground mineral made up of quartz particles. It is used in a variety of applications such as electronics, construction, and healthcare, among others. Here is some intelligence on the quartz powder market:
Market Drivers:
- Growing demand for quartz powder in the electronics industry due to its properties such as high thermal stability, low coefficient of thermal expansion, and excellent electrical insulation.
- Increasing construction activities in emerging economies, which is driving the demand for quartz powder as an additive in building materials to enhance their properties such as strength, durability, and weather resistance.
- Shift towards sustainable manufacturing processes that reduce environmental footprint and enhance brand image.
- Growing demand for high-purity quartz powder in the semiconductor industry for the production of silicon wafers for solar cells, integrated circuits, and other electronic components.
Market Challenges:
- Fluctuations in the prices of raw materials used in the production of quartz powder.
- Intense competition from other materials such as ceramics, glass, and plastics that offer similar properties as quartz powder.
- Stringent regulations regarding the use of quartz powder due to concerns over its impact on health and the environment.
Market Trends:
- Increasing adoption of advanced technologies such as automation, artificial intelligence, and machine learning in the manufacturing processes of quartz powder.
- Growing demand for quartz powder in the healthcare industry for applications such as medical devices, drug delivery systems, and diagnostic tools.
- Rising demand for engineered quartz surfaces for kitchen countertops, bathroom vanities, and flooring, which is driving the demand for quartz powder in the construction industry.
Regional Analysis:
- Asia Pacific is the largest market for quartz powder, driven by the growing demand for electronics and construction materials in countries such as China, India, and Japan.
- North America and Europe are also significant markets for quartz powder, driven by the presence of major electronics and healthcare industries in these regions.
- The Middle East and Africa and Latin America are expected to witness significant growth in the coming years due to the increasing demand for construction materials in these regions.
Overall, the quartz powder market is expected to witness significant growth in the coming years, driven by the growing demand for electronics and construction materials, as well as the shift towards sustainable manufacturing processes.
Quartz Powder Market Industry Trends
The quartz powder market is witnessing several industry trends, driven by the increasing demand for high-purity quartz powder in various end-use industries and ongoing technological advancements in the production process. Some of the major industry trends in the quartz powder market include:
- Growing demand for high-purity quartz powder in electronics: The electronics industry is a major consumer of high-purity quartz powder. The increasing demand for electronic devices such as smartphones, tablets, and laptops is driving the demand for high-purity quartz powder for use in semiconductor manufacturing.
- Increasing adoption of eco-friendly and sustainable quartz powder: With the growing focus on sustainability and environmental protection, there is an increasing demand for eco-friendly and sustainable quartz powder. Companies are adopting sustainable production practices and using renewable energy sources to produce eco-friendly quartz powder.
- Growing use of engineered stone in the construction industry: Engineered stone, which is made of quartz powder and resin, is increasingly being used in the construction industry for countertops, flooring, and other applications. The growing demand for high-quality, durable, and aesthetically pleasing building materials is driving the growth of the engineered stone market, which in turn is driving the demand for quartz powder.
- Adoption of advanced technologies in the production process: Companies are adopting advanced technologies such as hydrothermal synthesis and plasma-assisted chemical vapor deposition to improve the efficiency and reduce the cost of production of quartz powder. These technologies also enable the production of high-purity quartz powder with better properties and performance.
- Increasing demand for quartz powder in the solar industry: Quartz powder is an important raw material used in the production of solar cells. The growing demand for solar energy and the increasing adoption of solar power as a renewable energy source are driving the growth of the solar industry, which in turn is driving the demand for quartz powder.
Overall, the quartz powder market is witnessing several industry trends driven by the increasing demand for high-performance materials and ongoing technological advancements in the production process. The market is expected to remain strong in the coming years, driven by the growing demand from various end-use industries and the increasing focus on sustainability and environmental protection.
Quartz Powder Market Analysis
The quartz powder market is expected to witness significant growth over the forecast period, driven by the increasing demand for high-purity quartz powder in various end-use industries such as electronics, ceramics, paints and coatings, and solar. The market is also expected to be driven by the increasing adoption of sustainable production practices and the growing use of engineered stone in the construction industry.
The electronics industry is one of the major consumers of high-purity quartz powder. The increasing demand for electronic devices such as smartphones, laptops, and tablets is driving the demand for high-purity quartz powder for use in semiconductor manufacturing. In addition, the growing adoption of renewable energy sources such as solar is driving the demand for high-purity quartz powder for use in the production of solar cells.
The construction industry is also a major consumer of quartz powder, driven by the growing use of engineered stone for countertops, flooring, and other applications. The increasing demand for high-quality, durable, and aesthetically pleasing building materials is driving the growth of the engineered stone market, which in turn is driving the demand for quartz powder.
In terms of geography, the Asia Pacific region is expected to dominate the quartz powder market over the forecast period, driven by the increasing demand from countries such as China and India. The growing industrialization and urbanization in these countries, coupled with the increasing adoption of renewable energy sources, are driving the demand for quartz powder in the region.
Overall, the quartz powder market is expected to witness significant growth over the forecast period, driven by the increasing demand from various end-use industries and the growing focus on sustainability and environmental protection. The market is expected to remain highly competitive, with several global and regional players operating in the market and competing on the basis of product quality, price, distribution network, and technological innovation.
Quartz Powder Market Segmentation
The quartz powder market can be segmented based on type, application, and region.
By type, the market can be segmented into:
- High-purity Quartz Powder
- Ordinary Quartz Powder
High-purity quartz powder is expected to dominate the market over the forecast period, driven by the increasing demand for high-purity quartz powder in various end-use industries such as electronics and solar.
By application, the market can be segmented into:
- Electronics
- Ceramics
- Paints and Coatings
- Solar
- Others
The electronics industry is expected to dominate the market over the forecast period, driven by the increasing demand for high-purity quartz powder for use in semiconductor manufacturing. The solar industry is also expected to witness significant growth, driven by the increasing adoption of renewable energy sources.
By region, the market can be segmented into:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
The Asia Pacific region is expected to dominate the market over the forecast period, driven by the increasing demand from countries such as China and India. The region is also expected to witness significant growth in the solar industry, driven by the increasing adoption of renewable energy sources.
Quartz Powder Market Forecast
The quartz powder market is expected to witness significant growth in the coming years, driven by the increasing demand from end-use industries such as electronics, construction, and healthcare. Here are some of the key forecasts for the quartz powder market:
- Market size: The global quartz powder market size is expected to grow at a CAGR of around 5% during the forecast period (2021-2026). The market was valued at USD 501.5 million in 2020 and is projected to reach USD 638.5 million by 2026.
- End-use industries: The electronics industry is expected to be the largest end-user of quartz powder during the forecast period, driven by the increasing demand for high-purity quartz powder in the production of semiconductors, photovoltaic cells, and other electronic components. The construction industry is also expected to witness significant growth, driven by the increasing use of quartz powder as an additive in building materials to enhance their properties.
- Regional analysis: Asia Pacific is expected to be the largest market for quartz powder during the forecast period, driven by the increasing demand from countries such as China, India, and Japan. North America and Europe are also significant markets, driven by the presence of major electronics and healthcare industries in these regions. The Middle East and Africa and Latin America are expected to witness significant growth in the coming years due to the increasing demand for construction materials in these regions.
- High-purity quartz powder: The demand for high-purity quartz powder is expected to witness significant growth during the forecast period, driven by the increasing demand from high-tech applications such as semiconductors, photovoltaic cells, and optical fibers.
- Sustainable manufacturing processes: The shift towards sustainable manufacturing processes is expected to continue, driven by the increasing awareness of environmental issues among consumers and the need to reduce manufacturing costs.
Overall, the quartz powder market is expected to witness significant growth in the coming years, driven by the increasing demand from end-use industries and the adoption of advanced technologies such as automation and robotics in manufacturing processes.
Quartz Powder Market Growth
The quartz powder market is expected to witness significant growth over the forecast period. Some of the key drivers of this growth include:
- Increasing demand from end-use industries: The demand for quartz powder is expected to grow rapidly over the forecast period, driven by the increasing demand from end-use industries such as electronics, ceramics, paints and coatings, and solar. In addition, the growing use of engineered stone in the construction industry is also expected to drive the demand for quartz powder.
- Growing adoption of sustainable production practices: There is a growing focus on sustainability and environmental protection in the quartz powder industry. Many companies are adopting sustainable production practices to reduce their carbon footprint and improve the sustainability of their operations. This is expected to drive the growth of the market over the forecast period.
- Increasing use of quartz powder in solar applications: The growing adoption of renewable energy sources such as solar is driving the demand for quartz powder for use in the production of solar cells. This is expected to drive the growth of the market over the forecast period.
- Growing demand from Asia Pacific region: The Asia Pacific region is expected to dominate the quartz powder market over the forecast period, driven by the increasing demand from countries such as China and India. The growing industrialization and urbanization in these countries, coupled with the increasing adoption of renewable energy sources, are driving the demand for quartz powder in the region.
Overall, the quartz powder market is expected to witness significant growth over the forecast period, driven by the increasing demand from various end-use industries, the growing focus on sustainability and environmental protection, and the increasing adoption of renewable energy sources.
Quartz Powder Market Competitor Analysis
Here are some of the key players in the quartz powder market and their competitive analysis:
- Sibelco: Sibelco is a global leader in the production and supply of industrial minerals, including quartz powder. The company has a strong presence in Asia Pacific and Europe, and it offers a wide range of high-quality quartz powders for various end-use industries.
- Momentive Performance Materials Inc.: Momentive Performance Materials Inc. is a leading manufacturer of quartz powders and other specialty chemicals. The company offers a wide range of high-purity quartz powders for various applications, including semiconductors, optical fibers, and other electronic components.
- The Quartz Corp: The Quartz Corp is a leading producer of high-purity quartz powders for various end-use industries, including electronics, healthcare, and construction. The company has a strong presence in North America and Europe, and it is known for its high-quality products and innovative solutions.
- Imerys: Imerys is a global leader in the production and supply of industrial minerals, including quartz powder. The company offers a wide range of high-quality quartz powders for various end-use industries, including electronics, construction, and healthcare.
- Saint-Gobain S.A.: Saint-Gobain S.A. is a leading manufacturer of quartz powders and other specialty materials for various end-use industries, including electronics, healthcare, and construction. The company has a strong presence in Europe and North America, and it is known for its high-quality products and innovative solutions.
Overall, the quartz powder market is highly competitive, with several major players competing for market share. The key competitive factors in the market include product quality, pricing, distribution networks, and customer service. The major players in the market are focusing on developing new and innovative products to cater to the changing demands of end-use industries and gain a competitive edge over their rivals.
Quartz Powder Market Strengths
There are several strengths of the quartz powder market, including:
- Diverse applications: Quartz powder has a wide range of applications in various industries such as electronics, ceramics, paints and coatings, and solar. This diverse range of applications makes the market more resilient to fluctuations in demand from any particular industry.
- High purity: High-purity quartz powder is in high demand due to its superior quality and characteristics. This high demand for high-purity quartz powder is expected to drive the growth of the market over the forecast period.
- Abundant availability: Quartz is one of the most abundant minerals on earth, which means that the supply of quartz powder is generally stable and reliable. This stable supply is expected to support the growth of the market over the forecast period.
- Growing demand from emerging economies: Emerging economies such as China and India are experiencing rapid industrialization and urbanization, which is driving the demand for quartz powder in these regions. This growing demand is expected to support the growth of the market over the forecast period.
- Increasing focus on sustainability: The quartz powder industry is increasingly focusing on sustainability and environmental protection. Many companies are adopting sustainable production practices to reduce their carbon footprint and improve the sustainability of their operations. This focus on sustainability is expected to support the growth of the market over the forecast period.
Overall, the diverse range of applications, high purity, abundant availability, growing demand from emerging economies, and increasing focus on sustainability are some of the key strengths of the quartz powder market.
Quartz Powder Market Opportunities
There are several opportunities in the quartz powder market, including:
- Increasing use in the construction industry: Quartz powder is used in the production of engineered stone, which is increasingly being used in the construction industry. The growing demand for engineered stone is expected to drive the demand for quartz powder in the construction industry over the forecast period.
- Growing adoption of electric vehicles: The growing adoption of electric vehicles is expected to drive the demand for quartz powder in the production of lithium-ion batteries, which require high-purity quartz powder. This is expected to create significant growth opportunities for the quartz powder market over the forecast period.
- Growing use in the semiconductor industry: Quartz powder is used in the production of silicon wafers for the semiconductor industry. The growing demand for semiconductors in various applications such as smartphones, computers, and automotive electronics is expected to drive the demand for quartz powder in the semiconductor industry over the forecast period.
- Increasing demand from the cosmetics industry: Quartz powder is used in cosmetics such as facial scrubs, exfoliants, and body powders. The growing demand for natural and organic cosmetics is expected to drive the demand for quartz powder in the cosmetics industry over the forecast period.
- Technological advancements in production processes: Technological advancements in production processes are expected to improve the efficiency and reduce the cost of producing quartz powder. This is expected to create growth opportunities for the market over the forecast period.
Overall, the growing use in the construction, electric vehicle, semiconductor, and cosmetics industries, along with technological advancements in production processes, are some of the key opportunities in the quartz powder market.
Quartz Powder Market Weakness
Here are some of the key weaknesses in the quartz powder market:
- Environmental concerns: The production of quartz powder involves the use of large amounts of energy and water, which can have a significant impact on the environment. Additionally, the mining of quartz can cause environmental damage, including soil erosion and water pollution.
- Availability of substitutes: There are several substitutes available for quartz powder, including feldspar, mica, and talc. These substitutes are cheaper and widely available, which could impact the demand for quartz powder.
- Limited availability of high-purity quartz: High-purity quartz is a critical raw material for the production of semiconductors, photovoltaic cells, and other high-tech applications. However, the availability of high-purity quartz is limited, which could impact the growth of the quartz powder market.
- Competition from low-cost producers: The quartz powder market is highly competitive, and there are several low-cost producers in the market. These producers can offer products at lower prices, which could impact the profitability of established players in the market.
Overall, the quartz powder market faces several challenges, including environmental concerns, availability of substitutes, limited availability of high-purity quartz, and competition from low-cost producers. However, the market also presents significant opportunities for growth, driven by the increasing demand from end-use industries and the adoption of advanced technologies in manufacturing processes.
Quartz Powder Market Threats
There are several threats to the quartz powder market, including:
- Substitute materials: The availability of substitute materials such as feldspar and silica sand can pose a threat to the quartz powder market. These materials can be used in place of quartz powder in various applications, which can lead to reduced demand for quartz powder.
- Fluctuations in demand from end-use industries: The demand for quartz powder is largely dependent on the demand from end-use industries such as electronics, ceramics, and solar. Fluctuations in demand from these industries can have a significant impact on the demand for quartz powder, which can affect the growth of the market.
- Environmental concerns: The production of quartz powder can have environmental impacts such as air and water pollution. Concerns regarding the environmental impact of production processes can lead to stricter regulations and higher compliance costs, which can affect the growth of the market.
- Volatility in raw material prices: The prices of raw materials used in the production of quartz powder, such as quartz and chemicals, can be volatile. Fluctuations in raw material prices can affect the cost of production, which can impact the profitability of the market.
- Competition from low-cost producers: Competition from low-cost producers, particularly in regions such as China, can pose a threat to the quartz powder market. These low-cost producers can offer lower prices, which can lead to reduced demand for higher-priced quartz powder.
Overall, the availability of substitute materials, fluctuations in demand from end-use industries, environmental concerns, volatility in raw material prices, and competition from low-cost producers are some of the key threats to the quartz powder market.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.
