Global Quartz Market

Quarts Market Size, Share, Growth Analysis, By Product (Quartz Surface and Tile, High-Purity Quartz), By End Use (Electronics and Semiconductor, Buildings and Construction), By Region -Industry Forecast 2025-2032

Report ID: SQMIG15E2581 | Region: Global | Published Date: January, 2025
Pages: 188 | Tables: 69 | Figures: 68

Quartz Market News

  • In April 2024, Caesarstone launched its product catalog, featuring the new quartz surfaces. The new designs consist of the 5116 Calacatta Nectar, 5152 Goldfinch, and 5118 Calacatta Scoria, all carrying unique veining and luxury tones.
  • In April 2024, KYOCERA AVX conducted a huge ceremony for their new 49,000-square-foot production and design center. The center will open in April 2025 and manufacture advanced low-noise quartz crystal products like OXCOs, TXCOs, and VCXOs supporting the aerospace, military, and industrial sectors.
  • In November 2022, Momentive Technologies made the successful acquisition of the crucibles division of CoorsTek. With the help of this purchase, Momentive Technologies can provide an extensive range of crucible sizes to clients that fabricate semiconductor wafers.
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Global Quartz Market size was valued at USD 7.62 Billion in 2023 and is poised to grow from USD 8.0 Billion in 2024 to USD 11.79 Billion by 2032, growing at a CAGR of 4.97% in the forecast period (2025-2032).

Major key players operating in the quartz industry are Baba Quartz, Saint-Gobain, Creswick Quartz, Quartz Corporation, High Purity Quartz Pty Ltd., DuPont, and Caeserstone. The dominance of these manufacturers is distinguished by their extensive protective interior design product line, substantial investment in R&D efforts for quartz, revenue, capital expenditure, staff strength, and geographic presence. These market participants are utilizing various techniques for staying competitive, such as new launches, partnerships, mergers, and growth. The research of recent developments of the top players revealed that business expansion is the most important approach. Companies are also prioritizing 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. 'AGC Inc.', 'Beijing Kai de Quartz Co. Ltd', 'Dow', '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'

Increasing demand for semiconductor IC’s because the incorporation of the internet of things is increasing the demand for high purity quartz. High purity quartz glass crucible is extensively utilized for producing metallic semiconductor grade silicon (Si). The growth of the quartz market is also because of the increasing production of semiconductor IC's products. Moreover, growth in the telecommunication and optical fibers industry is boosting the expansion of quartz market.

Growing Emphasis on Sustainability and Eco-Friendly Material: Environmental considerations are becoming a vital market driver for the quartz industry. With the increasing awareness of sustainable living practices, both consumers and manufacturers are trying eco-friendly materials. Furthermore, quartz stands out as an environmentally sustainable choice because it is immensely available and can be engineered with reduced waste. Engineered quartz surfaces are often manufactured utilizing recycled materials, such as waste stone chips, making them a more sustainable option.

North America is dominating with the largest quartz market share. The North America quartz market is boosted by growing construction activity and rising adoption of engineered quartz surfaces in residential as well as commercial projects. An established electronics industry in the region is increasing the demand for high-purity quartz utilized in the semiconductor manufacturing procedure. Rising awareness about sustainable building materials is also supporting the growth of the market in the region. Moreover, the advances in the technology for the manufacturing of quartz and increasing demand for durable and aesthetic countertop solutions are contributing to the expansion of the market across the United States and Canada. These regions have a strong quartz production base, which makes them a big contributor to the market's growth. The official gemstone of South Carolina is amethyst. A few amethysts from South Carolina are used to create jewels and jewelry. These elements are anticipated to support market expansion.

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Global Quartz Market

Report ID: SQMIG15E2581

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