How Has the Quartz Market Size Evolved in Recent Years?
The quartz market has seen considerable growth due to a variety of factors.
• In recent times, the size of the quartz market has seen considerable progress. There is an anticipated increase from $9.68 billion in 2024 to $10.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.2%.
The previous growth has been the result of factors such as the expansion of the electronics industry, developments in urbanization and construction, industrial utilizations, healthcare and medical applications, as well as demand from the aerospace and defense sectors.
What Are The Predictions for The Quartz Market Size In The Coming Years?
The quartz market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the quartz market size to exhibit robust growth in the upcoming years. Projected to reach $14.5 billion in 2029, the market will grow at a compound annual growth rate (CAGR) of 8.5%.
Various factors contributing to this growth during the forecast period include environmental sustainability, global supply chain movements, changes in consumer tastes, requirements in the military and aerospace sectors, plus expansion in healthcare and biotechnology. The forecast period will also see rising demand in the luxury market, supply chain resilience, the application of artificial intelligence in processing, smart home incorporation and health and wellness applications.
What Are The Key Drivers Fueling Growth In The Quartz Market?
The expected surge in semi-conductor demand is set to fuel expansion in the quartz market. Components like quartz plates and discs are essential in the production of semiconductor equipment such as boats, pedestals, wafers, wafer carriers, and batch processing devices. High purity quartz, in particular, plays a crucial role in the semiconductor industry for fabricating crucibles and various quartz glass items like windows, rods, and tubes. To illustrate this, the Semiconductor Industry Association (SIA) in the United States reported that in October 2023, the worldwide sales of the semiconductor industry hit $46.6 billion. This reflects a 3.9% growth, up from $44.9 billion in September 2023. Consequently, the growing semiconductor demand is the driving force propelling the quartz market.
What Are The Core Segments Of The Globa Quartz Market?
The quartz market covered in this report is segmented –
1) By Type: Engineered Quartz Stones, Quartz Sand, Quartz Pebbles, Quartz Crystals, Other Types
2) By Grade: High-Purity Quartz, Grade I, Grade II, Grad III
3) By End User: Electronics and Semiconductors, Solar, Building and Construction, Metallurgy, Optics and Telecommunication, Other End Users
Subsegments:
1) By Engineered Quartz Stones: Standard Engineered Quartz, Premium Engineered Quartz
2) By Quartz Sand: Fine Quartz Sand, Coarse Quartz Sand
3) By Quartz Pebbles: Natural Quartz Pebbles, Polished Quartz Pebbles
4) By Quartz Crystals: Natural Quartz Crystals, Synthetic Quartz Crystals
5) By Other Types: Quartz Powder, Quartz Granules
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Which Emerging Trends Are Reshaping The Quartz Market?
Leading companies within the quartz market are emphasizing the creation of advanced solutions such as quartz collections in order to attain a competitive advantage in the market. Quartz collections are essentially an array of quartz countertops or surfaces showcasing pioneering designs and color schemes, from cool white hues to deep black shades. Take for instance, the Alfa Quartz launch in May 2023 by Akrilika Holding Company, a Russian firm that manufactures solid surface and quartz. Alfa Quartz is an upscale material that blends natural elements with resilience and cutting-edge design, initially showcasing 10 colors. The surfaces of Alfa Quartz are non-porous, resistant to scratches and don't necessitate sealing, which makes them low-maintenance and enduring.
Who Are the Key Players in the Quartz Market?
Major companies operating in the quartz market include:
• Heraeus Holding
• Kyocera Corporation
• Murata Manufacturing Co Ltd.
• DuPont de Nemours Inc.
• Ferroglobe
• Cosentino Group
• Sibelco Quartz Corporation
• Covia Holdings LLC
• Jiangsu Pacific Quartz Co Ltd.
• Cambria
• Caesarstone Ltd.
• Goodfellow Corp
• NIHON DEMPA KOGYO Co LTD.
• Compac
• MS Industries
• Bitto(Dongguan)
• Abrisa Technologies
• Quality Quartz Engineering
• American Elements
• Baba Quartz
• Ron Coleman Mining
• Creswick Quartz
• Donghai Colorful Mineral Products
• ULTRA HPQ
• Diresco
• Alicante Surfaces Pvt Ltd
• Belenco
• HanStone Quartz
• Wonic QnC Corporation
• Xinyi MingwangQuartz Sand
• Momentive Technologies
• INASCO Inc.
• AGC Inc.
• Quartz Corp
• Russian Quartz LLC
• Saint Gobain Group
• N.T. Ruddock Co
• Pegasus Glass
• Technistone
• Swift Glass Company
• Elkem ASA
• Thermo Fisher Scientific
• Noah Chemicals
• Australian Silica Quartz Group Ltd.
What are the Regional Insights into the Quartz Market?
Asia-Pacific was the largest region in the quartz market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quartz market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
