Global Quartz Market Size study & Forecast, by Type (High-Purity Quartz, Quartz Crystal, Silicone Metal), by End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Optics & Telecommunication, Automotive, Other End-User Industries

Global Quartz Market Size study & Forecast, by Type (High-Purity Quartz, Quartz Crystal, Silicone Metal), by End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Optics & Telecommunication, Automotive, Other End-User Industries) and Regional Analysis, 2023-2030

Global Quartz Market is valued approximately USD 6740.2 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.19% over the forecast period 2023-2030. Quartz is an engineered stone composed primarily of natural quartz crystals combined with resins, pigments, and other additives. It is a highly durable and versatile material used in various applications such as countertops, flooring, and wall claddings. Quartz offers benefits such as resistance to stains, scratches, and heat, as well as low maintenance requirements. With its wide range of colors, patterns, and finishes, quartz provides an aesthetically appealing and reliable option for both residential and commercial spaces. The driving factors boosting the market growth are growing construction industry and increasing demand in Kitchen and Bath applications.

According to Statista, the size of the construction industry in 2030 is expected to increase from USD 7.3 trillion in 2021 to USD 14.4 trillion. As urbanization continues to rise and construction activities increase, there is a higher demand for quartz as a durable and aesthetically appealing material for countertops, flooring, and wall claddings in residential and commercial buildings. Moreover, increasing awareness of quartz and rising demand for sustainable materials is expected to create lucrative opportunities for the market. However, fluctuating raw material costs and high competition from alternative materials such as natural stone (granite, marble), solid surface materials, and other engineered stone products stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Quartz Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the demand for quartz in residential and commercial construction projects, coupled with the preference for durable and low-maintenance materials. The North American market, particularly the United States, has been a significant consumer of quartz surfaces. However, Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as increasing urbanization, rapid economic growth, and rising construction activities in countries such as China, India, and Southeast Asian nations. Additionally, the expanding middle class, growing disposable incomes, and changing consumer preferences towards modern and durable materials have contributed to the significant growth of the quartz market in this region.

Major market player included in this report are:
AGC Inc.
Jiangsu Pacific Quartz Co. Ltd.
Nihon Dempa Kogyo Co., Ltd.
Quartz Corporation
Wilsonart LLC
Santa Margherita S.p.A.
Vicostone Joint Stock Company
Cambria Company LLC
Caesarstone Ltd.
Pokarna Limited

Recent Developments in the Market:
In December 2022, Sibelco expanded its presence in Southern Europe by acquiring the Bassanetti Group, an Italian company involved in the extraction, processing, and marketing of sand products. This strategic move further solidified Sibelco's position in the region's market.

Global Quartz Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, End-User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
High-Purity Quartz
Quartz Crystal
Silicone Metal

By End-User Industry:
Electronics & Semiconductor
Solar
Buildings & Construction
Optics & Telecommunication
Automotive
Other End-User Industries

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
AGC Inc.
Jiangsu Pacific Quartz Co. Ltd.
Nihon Dempa Kogyo Co., Ltd.
Quartz Corporation
Wilsonart LLC
Santa Margherita S.p.A.
Vicostone Joint Stock Company
Cambria Company LLC
Caesarstone Ltd.
Pokarna Limited

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