Global Quartz Market Size, Share, and COVID-19 Impact Analysis, By Product (Quartz Surface and Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Others), By End User (Electronics & Semiconductor, Solar, Buildings & Construction, Optical Fiber & Telecommunication, Automotive, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Chemicals & Materials

RELEASE DATE Jun 2024
REPORT ID SI4555
PAGES 189
REPORT FORMAT PathSoft

Global Quartz Market Insights Forecasts to 2033

  • The Global Quartz Market Size was Valued at USD 7.2 Billion in 2023
  • The Market Size is Growing at a CAGR of 5.42% from 2023 to 2033
  • The Worldwide Quartz Market Size is Expected to Reach USD 12.2 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Quartz Market

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The Global Quartz Market Size is Anticipated to Exceed USD 12.2 Billion by 2033, Growing at a CAGR of 5.42% from 2023 to 2033.

 

Market Overview

Quartz is a naturally occurring mineral made up of silicon and oxygen atoms. Quartz is one of the most lavish and broadly dispersed minerals found on the surface of the earth. The chemical formula of quartz is SiO2, and it is held by the trigonal crystal system. Quartz is renowned for its robustness and resistance to weathering, making it a popular alternative in different industries, like construction, jewelry, and electronics. Quartz can be found in significant amounts in different rocks, such as sedimentary, igneous, and metamorphic rocks. It comes in different colors, such as pink (rose quartz), purple (amethyst), and brown or black (smoky quartz), depending on impurities or exposure to radiation. Quartz also plays an important role in modern technology; for example, it is used in oscillators and promptitude devices due to its piezoelectric properties, which permit it to produce an electric charge under mechanical stress. Furthermore, quartz sand is a primary ingredient in the manufacturing of glass. Overall, quartz is a flexible mineral with multiple advantages, reflecting its importance in both the natural and industrial sectors. The strong demand in the construction area mainly drives the global market. As urbanization advances globally, the requirement for robust and durable construction materials increases accordingly. Additionally, the increasing trend of product miniaturization in consumer electronics is generating positive market growth.

 

Report Coverage

This research report categorizes the market for the global quartz market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global quartz market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global quartz market.

 

Quartz Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 7.2 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :5.42%
2033 Value Projection:USD 12.2 Billion
Historical Data for:2019-2022
No. of Pages:189
Tables, Charts & Figures:110
Segments covered:By Product, By End User, By Region
Companies covered:: Caesarstone Ltd., Heraeus Holding, Kyocera Corporation, Nihon Dempa Kogyo Co. Ltd., Sibelco, Asahi Glass Co. Ltd., Compagine de Saint-Gobain S.A., Jiangsu Pacific Quartz co. Ltd., Momentive Technologies, Quality Quartz Engineering Inc., The Quartz Corporation, Creswick Quartz, HIGH PURITY QUARTZ MATERIALS, Thermo Fisher Scientific, and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

Environmental factors are starting to play a major role in driving the quartz market. Manufacturers and customers alike are looking for environmentally friendly products as knowledge of sustainable living practices rises. Furthermore, quartz is a particularly environmentally friendly material to utilize because it can be engineered with little waste and is widely available. Furthermore, the longevity of quartz provides a longer lifespan, lowering the need for replacement and thus saving resources. Additionally, regulatory organizations are pushing for more ecologically friendly activities, which is fosters an environment that is favorable to the development of sustainable materials like quartz. Additionally, another emerging but important market driver for the quartz firm is the energy sector. Due to its exceptional electrical insulation and thermal stability, quartz is employed in the production of solar panels and wind turbine systems. The quartz industry's vital role in technological breakthroughs is another important market driver. Because of its special piezoelectric qualities, quartz is a priceless component for a wide range of electronic products, such as computers, televisions, and smartphones.

 

Restraining Factors

The main factor hindering quartz's global market expansion is its comparatively high cost. China is a global leader in this market since it produces the majority of the world's quartz. There are currently extra duties applied to any quartz materials imported from China. The announcement of increased taxes on quartz followed an inquiry into the illegal dumping of imported quartz into the United States. This was carried out as a result of the US Commerce Department's notification. The use of quartz is declining as a result of growing costs in a number of nations. It is expected that this factor will hinder the market's growth.

 

Market Segmentation

The global quartz market share is classified into product and end user.

  • The quartz surface and tile segment are anticipated to hold the largest share of the global quartz market during the forecast period.    

On the basis of the product, the global quartz market is divided into quartz surface and tile, high-purity quartz, quartz glass, quartz crystal, quartz sand, and others. Among these, the quartz surface and tile segment are anticipated to hold the largest share of the global quartz market during the forecast period. Iron and other transition metals in quartz can produce a purple variation of the mineral called amethyst. The presence of additional trace elements in quartz can also result in the production of amethyst. Amythyst is a high-quality material for use on surface and tiles due to its hardness. Quartz surface are popular for their strength, low upkeep, and resistance to stains, scratches, and bacteria. In addition, advancements in digital printing techniques permit a broad range of customized designs, making quartz even more flexible. These market drivers generally contribute to the increasing demand for quartz surface and tile products. 

 

  • The electronics & semiconductor segment is anticipated to hold the highest share of the global quartz market during the forecast period.    

On the basis of the end user, the global quartz market is divided into electronics & semiconductor, solar, buildings & construction, optical fiber & telecommunication, automotive, and others. Among these, the electronics & semiconductor segment is anticipated to hold the highest share of the global quartz market during the forecast period. Quartz has unique electrical, thermal, and mechanical effects. High-purity quartz is necessary in the production of semiconductors, which are the pillars of different electronic devices like computers, smartphones, and IoT devices. Due to its piezoelectric properties, quartz is essential for maintaining timing and synchronization in electronic circuits using frequency-control oscillators and resonators. With the advent of new technologies such as artificial intelligence and 5G connectivity, high-purity quartz will become more and more in demand as we enter an era of technological breakthroughs. Therefore, the electronic & semiconductor sectors continue to be crucial end users, propelling growth in the quartz market.

 

Regional Segment Analysis of the Global Quartz Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global quartz market over the predicted timeframe.

 

Global Quartz Market

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North America is anticipated to hold the largest share of the global quartz market over the predicted timeframe. The market is growing because North America has a notable base of quartz manufacturing. Amethyst is appearing throughout the U.S. The Mazatzal Mountain area in the Gila and Maricopa Districts, Amethyst Mountain, Texas; Arizona; Red Plume Lakes; and North Carolina are a few cities where amethyst was initially found. Amethyst is typically basic in Ontario and Nova Scotia, Canada. The largest amethyst mine in North America is located in Hunder Straight, Ontario. These areas have a substantial base of quartz production, which significantly contributes to the market's expansion. Amethyst is the state gemstone of South Carolina. A small number of South Carolina-sourced amethysts are used to make jewelry. These factors are projected to expand the quartz market over the predicted timeframe.

 

Asia-Pacific is anticipated to grow at the fastest rate in the global quartz market over the predicted timeframe. The fast urbanization of this region and industrialization, especially in nations like China and India, are the two key factors driving the growth of the market. These developments have led to a rise expansion of the market is being fueled by the presence of major players.  Demand for construction materials, where quartz’s longevity and aesthetic appeal are highly valued. The expansion of the market is being fueled by the presence of major players. Among the companies that are promoting market expansion are Quarella, Hanwha LandC, Baoliya, Samsung Radianz, and Quarella.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global quartz market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Caesarstone Ltd.
  • Heraeus Holding
  • Kyocera Corporation
  • Nihon Dempa Kogyo Co. Ltd.
  • Sibelco
  • Asahi Glass Co. Ltd.
  • Compagine de Saint-Gobain S.A.
  • Jiangsu Pacific Quartz co. Ltd.
  • Momentive Technologies
  • Quality Quartz Engineering Inc.
  • The Quartz Corporation
  • Creswick Quartz
  • HIGH PURITY QUARTZ MATERIALS
  • Thermo Fisher Scientific
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In January 2023, Caesarstone Ltd. declared the launch of its line of multi-material surfaces, which includes porcelain and natural stone in addition to outdoor quartz.  

 

  • In December 2022, Kyocera Corporation announced its purpose to invest 1.3 trillion yen ($9.78 billion), or through March 2026, in novel chip component manufacturing and the evolution of other sectors of its capabilities.  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global quartz market based on the below-mentioned segments: 

 

Global Quartz Market, By Product

  • Quartz Surface and Tile
  • High-Purity Quartz
  • Quartz Glass
  • Quartz Crystal
  • Quartz Sand
  • Others

 

Global Quartz Market, By End User

  • Electronics & Semiconductor
  • Solar
  • Buildings & Construction
  • Optical Fiber & Telecommunication
  • Automotive
  • Others

 

Global Quartz Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Who are the key players in the global quartz market?
    The key players in the global quartz market are Caesarstone Ltd., Heraeus Holding, Kyocera Corporation, Nihon Dempa Kogyo Co. Ltd., Sibelco, Asahi Glass Co. Ltd., Compagine de Saint-Gobain S.A., Jiangsu Pacific Quartz co. Ltd., Momentive Technologies, Quality Quartz Engineering Inc., The Quartz Corporation, Creswick Quartz, HIGH PURITY QUARTZ MATERIALS, Thermo Fisher Scientific, and Others.
  • 2.Which product segment accounted for the largest share in the global quartz market?
    The quartz surface and tile segment are anticipated to hold the largest share of the global quartz market during the forecast period.
  • 3.Which region has the largest share in the global quartz market?
    North America is anticipated to hold the largest share of the global quartz market over the predicted timeframe.

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