Quartz Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Quartz Industry Forecast and is Segmented by Type (high-Purity Quartz (quartz Surface and Tile, Fused Quartz Crucible, and Quartz Glass), Quartz Crystal, and Silicon Metal), End-User Industry (electronics and Semiconductor, Solar, Buildings, and Construction, Optics, and Telecommunication, Automotive, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). For Each Segment, The Market Sizing and Forecasts Have Been Done Based On Revenue (USD Million).

Quartz Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Quartz Market Size

Quartz Market Summary
Study Period 2018 - 2029
Market Size (2024) USD 7.31 Billion
Market Size (2029) USD 8.98 Billion
CAGR (2024 - 2029) 4.19 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Quartz Market Major Players

*Disclaimer: Major Players sorted in no particular order

Quartz Market Analysis

The Quartz Market size is estimated at USD 7.31 billion in 2024, and is expected to reach USD 8.98 billion by 2029, growing at a CAGR of 4.19% during the forecast period (2024-2029).

The COVID-19 pandemic halted the supply chain of several industries worldwide, including electronics and semiconductors, building and construction, and automotive. It, in turn, adversely affected the demand for quartz in these industries. Solar power usage increased, but this alone could not lift the market back. The COVID-19 pandemic impacted the global construction industry, with projects facing labor shortages, supply chain issues, and financing pressures. The effects rippled across the sector, from the initial crisis in China to construction sites worldwide. However, as the lockdowns were lifted in most countries worldwide, the market has recovered due to production resumed in most industries.

  • Over the mid-term, the primary factor driving the market's growth is the demand for high-purity quartz in the semiconductor industry, coupled with the growing solar industry.
  • The ecological impact of quartz mining, coupled with discoloration in quartz tiles and slabs, is anticipated to hinder the market's growth during the forecast timeframe.
  • Due to its unique properties, emerging applications of quartz powder can act as an opportunity for the market.
  • Asia-Pacific dominated the global market, with the most significant consumption in China.

Quartz Industry Overview

The quartz market is fragmented in nature. Some significant players include AGC Inc., Nihon Dempa Kogyo Co. Ltd, Quartz Corporation, Sibelco, and Jiangsu Pacific Quartz Co.

Quartz Market Leaders

  1. Jiangsu Pacific Quartz Co. Ltd

  2. NIHON DEMPA KOGYO CO., LTD.

  3. AGC Inc.

  4. Sibelco

  5. Quartz Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Quartz Market Concentration
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Quartz Market News

  • December 2022: Sibelco acquired Bassanetti Group of Italy, which is a local player in the extraction, processing, and marketing of sand products in Southern Europe. This move will strengthen the company's positioning in Southern Europe.
  • March 2022: AGC Inc terminated its operations and businesses in Russia and Ukraine because of the war conditions in the countries.

Quartz Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Solar Industry
    • 4.1.2 Demand for High-purity Quartz in the Semiconductor Industry
  • 4.2 Restraints
    • 4.2.1 Ecological Impact of Quartz Mining
    • 4.2.2 Discoloration in Quartz Tiles and Slabs
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 High-purity Quartz
    • 5.1.1.1 Quartz Surface and Tile
    • 5.1.1.2 Fused Quartz Crucible
    • 5.1.1.3 Quartz Glass
    • 5.1.2 Quartz Crystal
    • 5.1.3 Silicon Metal
  • 5.2 End-user Industry
    • 5.2.1 Electronics and Semiconductor
    • 5.2.2 Solar
    • 5.2.3 Buildings and Construction
    • 5.2.4 Optical fiber and Telecommunication
    • 5.2.5 Automotive
    • 5.2.6 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Russia
    • 5.3.3.6 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East & Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AGC Inc.
    • 6.4.2 Beijing Kai de Quartz Co. Ltd
    • 6.4.3 Dow
    • 6.4.4 Elkem ASA
    • 6.4.5 Ferroglobe
    • 6.4.6 Heraeus Holding
    • 6.4.7 Jiangsu Pacific Quartz Co. Ltd
    • 6.4.8 Wonic QnC Corporation
    • 6.4.9 Nihon Dempa Kogyo Co. Ltd
    • 6.4.10 Nordic Mining ASA
    • 6.4.11 RUSNANO Group
    • 6.4.12 Saint-Gobain
    • 6.4.13 Sibelco
    • 6.4.14 SUMCO Corporation
    • 6.4.15 The Quartz Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Emerging Applications of Quartz Powder due to its Unique Properties
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Quartz Industry Segmentation

Quartz crystals possess piezoelectric properties. It is one of the hardest naturally occurring minerals that does not corrode easily. The market is segmented by type, end-user industry, and geography. The market is segmented by type: quartz surface and tile, high-purity quartz, fused quartz crucible, quartz glass, quartz crystal, quartz sand, plastic foam, and other types. By end-user industry, the market is segmented into electronics and semiconductors, solar, buildings and construction, medical, optics and telecommunication, and other end-user industries. The report also covers the market size and forecasts for the quartz market in 16 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Type High-purity Quartz Quartz Surface and Tile
Fused Quartz Crucible
Quartz Glass
Type Quartz Crystal
Silicon Metal
End-user Industry Electronics and Semiconductor
Solar
Buildings and Construction
Optical fiber and Telecommunication
Automotive
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Geography North America United States
Canada
Mexico
Geography Europe Germany
United Kingdom
Italy
France
Russia
Rest of Europe
Geography South America Brazil
Argentina
Rest of South America
Geography Middle East & Africa Saudi Arabia
South Africa
Rest of Middle East & Africa
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Quartz Market Research FAQs

How big is the Quartz Market?

The Quartz Market size is expected to reach USD 7.31 billion in 2024 and grow at a CAGR of 4.19% to reach USD 8.98 billion by 2029.

What is the current Quartz Market size?

In 2024, the Quartz Market size is expected to reach USD 7.31 billion.

Who are the key players in Quartz Market?

Jiangsu Pacific Quartz Co. Ltd, NIHON DEMPA KOGYO CO., LTD., AGC Inc., Sibelco and Quartz Corporation are the major companies operating in the Quartz Market.

Which is the fastest growing region in Quartz Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Quartz Market?

In 2024, the Asia Pacific accounts for the largest market share in Quartz Market.

What years does this Quartz Market cover, and what was the market size in 2023?

In 2023, the Quartz Market size was estimated at USD 7.00 billion. The report covers the Quartz Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Quartz Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Quartz Industry Report

Statistics for the 2024 Quartz market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Quartz analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.