Quartz Market Report 2024 (Global Edition)

Global Quartz Market Report 2024 Market Size Split by Product (Quartz Surface and Tile , High-purity Quartz , Quartz Glass , Quartz Crystal , Quartz Sand , Other), by End Use Industry (Electronic...

Quartz Market Report Description

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Competitive Landscape of the Quartz Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Quartz Industry News

In December 2022, A regional participant in the extraction, processing, and distribution of sand products in Southern Europe, Bassanetti Group of Italy was purchased by Sibelco. The company's positioning in Southern Europe will be strengthened by this action. 

(Source: https://www.agg-net.com/news/sibelco-acquire-bassanetti-group)

 

Top Companies Market Share in Quartz Industry: (In no particular order of Rank)

• AGC Inc. 
• Beijing Kai de Quartz Co. Ltd
• Dow6.4.4 Elkem ASA 
• Ferroglobe
• Heraeus Holding
• Jiangsu Pacific Quartz Co. Ltd
• Wonic QnC Corporation
• Nihon Dempa Kogyo Co. Ltd
• Nordic Mining ASA
• RUSNANO Group
• Saint-Gobain
• Sibelco
• SUMCO Corporation
• The Quartz Corporation
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional analysis of the Quartz Market 

Which Region Dominates the Quartz Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Due to growing investments in residential and commercial development projects and growing demand for sustainable building materials, the quartz market in North America is expanding significantly. North America is positioned as a crucial location for advancing the quartz market due to factors including the robustness, adaptability, and visual appeal of quartz surfaces, which are driving their acceptance across various applications.

Which Region is Expanding at the Fastest CAGR?

The Europe region is witnessing an increase in the sales of reagents. The quartz market in Europe is expanding significantly, driven by increased construction activity and a growing demand for eco-friendly building materials. The demand for quartz surfaces in residential and commercial projects has increased due to the region's emphasis on environmentally friendly solutions and strict quality standards. Furthermore, improvements in manufacturing technologies are propelling the quartz market's expansion throughout Europe.

The current report Scope analyzes Quartz Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Middle East and Africa Quartz Market

According to Cognitive Market Research, the global Quartz market size was estimated at USD 7381.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 147.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7 from 2024 to 2031. The Middle East and Africa region is witnessing significant expansion in the quartz market, primarily due to the region's fast urbanization, growing infrastructure, and booming construction industry. The luxury real estate market is one significant industry driving this growth, especially in large cities where there is a growing demand for upscale residential and commercial real estate. As the area works toward sustainable growth and modernization, there is a growing need for long-lasting and beautiful building materials, such as quartz surfaces. Quartz is becoming more and more popular with both developers and homeowners due to its durability, adaptability, and capacity to improve architectural aesthetics. Because of this, the Middle East and Africa quartz market offers bright prospects for expansion and investment in the building materials and construction industries.

• According to Cognitive Market Research, the GCC Countries Quartz market size was valued at USD 63.18 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Quartz sales flourish in the GCC Countries due to the region's strategic investments in engineering and manufacturing.
• The Egypt Quartz market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 15.50 million in 2024.
• The South Africa Quartz market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 23.32 million in 2024. Quartz sales flourish in the South Africa due to the region's strategic investments in engineering and manufacturing.
• The Turkey Quartz market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 12.70 million in 2024.
• The Nigeria Quartz market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 15.50 million in 2024.
• The Rest of MEA Quartz market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 17.42 million in 2024.

 

South America Quartz Market

According to Cognitive Market Research, the global Quartz market size was estimated at USD 7381.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 369.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. The region's expanding construction industry and growing use of sustainable building materials are driving the quartz market's steady rise in Latin America. The business sector is one important area driving this growth, especially in urban areas where there is an increasing need for contemporary office buildings, lodging facilities, and retail stores. Quartz surfaces are getting more and more popular among developers and companies trying to build fashionable and environmentally responsible interiors because of its strength, aesthetic appeal, and environmental benefits. The quartz market in Latin America is anticipated to grow further as the region prioritizes sustainable development and continues to urbanize. This will present chances for both domestic and foreign players in the building materials and construction industries.

• According to Cognitive Market Research, the Brazil Quartz market size was valued at USD 157.96 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Quartz sales flourish in Brazil due to the nation's thriving infrastructure projects.
• The Argentina Quartz market had a market share of USD 62.00 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The demand is augmented by Argentina's commitment to construction.
• The Colombia Quartz market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 32.85 million in 2024.
• The Peru Quartz market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 30.26 million in 2024.
• The Chile Quartz market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 26.57 million in 2024.
• The Rest of Latin America Quartz market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD 59.42 million in 2024.

North America Quartz Market

According to Cognitive Market Research, the global Quartz market size was estimated at USD 7381.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2952.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. The quartz market is expanding rapidly in North America due to a number of causes. Demand for quartz surfaces is rising due to a growing building industry, growing awareness of sustainability, and both. The residential sector is one important area driving this expansion, as quartz is becoming more and more popular with developers and homeowners for use in flooring, worktops, and other applications because of its minimal maintenance needs, durability, and attractive appearance. The North American quartz market is anticipated to grow as the need for high-performance, environmentally friendly building materials grows. This will present profitable prospects for local suppliers, manufacturers, and investors.

• According to Cognitive Market Research, the US had a major share in the Quartz market with a market size of USD 2329.51 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The demand is amplified by the nation's semiconductor industry. 
• The Canada Quartz market had a market share of USD 354.30 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada's rising construction acitivities.
• The Mexico Quartz market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 268.68 million in 2024.

Europe Quartz Market

According to Cognitive Market Research, with a market value of USD 7381.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 2214.36 million. The growing focus on sustainability and strict building quality regulations are driving significant growth in the quartz market in Europe. The commercial sector, where companies value long-lasting and visually beautiful materials like quartz surfaces for their offices, hotels, and retail spaces, is one significant market fueling this expansion. The demand for quartz is predicted to keep growing as European nations work toward more ecologically friendly and energy-efficient construction techniques. Due to quartz's many uses and exceptional qualities (such as low maintenance and durability), the material is still a popular choice for many European construction projects, which helps to establish Europe as a major participant in the worldwide quartz market.

• The United Kingdom Quartz market had a market share of USD 372.01 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Quartz sales witness an upswing due to the electronics manufacturing. 
• The France Quartz market is projected to witness growth at a CAGR of 2.7% during the forecast period with a market size of USD 203.72 million in 2024.
• According to Cognitive Market Research, the Germany Quartz market size was valued at USD 438.44 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Quartz sales surge due to the nation's electronics production. 
• The Italy Quartz market is projected to witness growth at a CAGR of 2.9% during the forecast period with a market size of USD 190.43 million in 2024.
• The Russia Quartz market is projected to witness growth at a CAGR of 2.5% during the forecast period with a market size of USD 343.23 million in 2024.
• The Spain Quartz market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 181.58 million in 2024.
• The Luxembourg Quartz market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 68.65 million in 2024.
• The Portugal Quartz market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD  46.50 million in 2024.
• The Greece Quartz market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD 26.57 million in 2024.
• Rest of Europe Quartz market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD 343.23 million in 2024.

Asia Pacific Quartz Market

According to Cognitive Market Research, the global Quartz market size was estimated at USD 7381.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1697.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031. The Asia Pacific region's urbanization, infrastructure development, and rising disposable incomes are propelling the quartz market's rapid expansion. A significant industry driving this growth is residential development, where there is a growing need for premium building materials like quartz surfaces. Quartz is a popular option for both homeowners and developers due to the rising demand for long-lasting, aesthetically beautiful, and low-maintenance materials as urban populations rise and lifestyles change. The Asia Pacific quartz market is expected to increase due to its adaptability and wide range of applications, as well as the region's economic growth and building boom. This will create profitable prospects for suppliers and other stakeholders in the supply chain.

• According to Cognitive Market Research, the China Quartz market size was valued at USD 763.95 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Quartz sales surge in China due to the nation's rapid expansion in infrastructure development.
• The Japan Quartz market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 234.28 million in 2024.
• The India Quartz market had a market share of USD 203.72 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. The demand is augmented by India's increasing rapid urbanization.
• The South Korea Quartz market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 169.77 million in 2024.
• The Australia Quartz market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 88.28 million in 2024.
• The South East Asia Quartz market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 117.14 million in 2024.
• The Rest of Asia Pacific Quartz market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 120.53 million in 2024.

Quartz Market Analysis

Quartz Market Product Segment Analysis

According to Cognitive Market Research, Quartz Surface and Tile held the major market share over the forecast period. The quartz market is expanding due to the growing need for long-lasting and aesthetically beautiful building materials, which is being driven by the quartz surface and tile segment. Quartz surfaces have many uses, including flooring and worktops, and are known for their exceptional performance, low maintenance, and adaptability. This section of the quartz market is developing due to quartz's increasing appeal in residential and commercial projects.

High-purity Quartz is the fastest-growing category over the forecast period. Because high-purity quartz is used in many different industries, including electronics, optics, and semiconductors, it is becoming a major factor in the expansion of the quartz market. High-purity quartz is in high demand due to its excellent qualities, such as its minimal thermal expansion and good thermal resistance, despite its strict purity criteria. This market's growth is driven by the need for and the improvement of technology.

• Quartz Surface and Tile 
• High-purity Quartz 
• Quartz Glass 
• Quartz Crystal 
• Quartz Sand 
• Other

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Quartz Industry. Request a Free Sample PDF!

Quartz Market End Use Industry Segment Analysis

According to Cognitive Market Research, electronics, and semiconductors hold a prominent market share. The growing demand for quartz in different applications, including integrated circuits, wafer fabrication, and electronic components, is driving the expansion of the quartz market, which is largely driven by the electronics and semiconductor sectors. Due to its remarkable qualities, which include its high purity, low coefficient of thermal expansion, and thermal stability, quartz is essential for maintaining the functionality and dependability of electronic equipment, which drives market growth.

Buildings and Construction is the fastest-growing category over the forecast period. The growing need for high-performance and sustainable building materials is propelling the quartz market's expansion, with the building and construction industry playing a significant role. Quartz surfaces are a popular option for wall cladding, countertops, flooring, and other architectural features because of its strength, adaptability, and aesthetic appeal. Demand grows in tandem with the building industry's continued expansion.

• Electronics and Semiconductor 
• Solar 
• Buildings and Construction 
• Medical 
• Optics and Telecommunication 
• Other

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Quartz market report 2024 Edition by contacting our team.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion