The Quartz Market is growing at a healthy pace. It was valued at US$ 8,037.0 million in 2018. It is expected to reach US$ 13,762.6 million by 2027. That works out to a CAGR of 6.2% between 2019 and 2027. Quartz sits behind everyday items and high-tech products alike, from kitchen countertops to computer chips.
Quartz is a mineral made of silicon dioxide. It is very hard and resists weathering and chemicals. It shows up in many forms, colors, and levels of clarity. Some types are used as gemstones. Others are ground into sand, melted into glass, or grown as crystals. That range is the reason so many industries depend on it.
What Is Driving the Market?
Wide availability and many uses come first. Quartz is used in electronics, semiconductors, solar power, construction, medical tools, optics, and telecom. Quartz sand goes into fiberglass and water purification. It also serves as an abrasive. Small quartz chips help control frequencies in watches, clocks, televisions, and computers.
Rising demand for synthetic quartz is the second driver. Man-made quartz resists acids, heat, wear, and impact. It is also extremely pure. Chipmakers use it in optical parts for lasers and in crucibles that grow silicon crystals. Most quartz crystals in electronics are now made in labs rather than mined.
Get Sample PDF https://www.theinsightpartners.com/sample/TIPRE00008087
Growth in building work adds to demand. Quartz countertops are popular for their durability and stain resistance. They also cost less than natural stone such as marble or granite.
The market has its hurdles. The report notes that a few valid concerns exist, but the overall benefits outweigh them.
Market Coverage
The report studies the market in three ways.
By Product
- Quartz Surface and Tile
- High-Purity Quartz
- Quartz Glass
- Quartz Crystal
- Quartz Sand
- Others
By End-User Industry
- Electronics and Semiconductor
- Solar
- Buildings and Construction
- Medical
- Optics and Telecommunication
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
Which Segment Leads?
Quartz surface and tile leads by product. The segment held the largest share, at 28.9% in 2018. Homeowners and builders like these surfaces for kitchens, bathrooms, and commercial spaces.
High-purity quartz is set to grow the fastest. It contains more than 99% silicon dioxide and has very few impurities. Chipmakers, solar firms, fiber optics makers, and lighting companies rely on it. Demand from semiconductors is the main force behind its rise.
By end-user industry, electronics and semiconductor holds the largest share. Quartz resonators give electronic devices stable performance. Buildings and construction is expected to grow the fastest, at a CAGR of 7.2%. Rising demand for quartz surfaces and tiles in homes and offices supports that outlook.
Which Region Leads?
Asia Pacific leads the market. The region held a 32.3% share in 2018. It is also expected to grow at a CAGR of 7% over the forecast period. Many leading quartz makers are based there. Electronics demand and a strong construction sector add to the pull. India, China, and Japan are the biggest contributors.
Asia Pacific also acts as an export base. Quartz products made in China and India are shipped mainly to the United States, Germany, and France. That gives regional producers a large customer base.
The United States is another key market. It is projected to grow at a CAGR of 5.4% over the forecast period. European and American producers are also creating new quartz products by blending the mineral with resins.
Which Companies Are Prominent?
The report profiles these leading players:
- Caesarstone Ltd
- Thermo Fisher Scientific Inc.
- Sibelco
- E. I. DU Pont De Nemours and Company
- Saint Gobain S.A.
- Creswick Quartz
- Quartz Corporation
- Momentive Performance Materials Inc.
- Baba Quartz
- Quality Quartz Engineering
This is a varied group. Some firms focus on countertops and surfaces. Others supply high-purity materials, lab products, or engineered quartz parts. Together they cover the full chain from raw sand to finished goods.
Mergers and acquisitions were the most common strategy, the report says. Firms use deals to widen their range and reach. Research also plays a part. Saint-Gobain carried out research in 2019 to explore new uses for quartz. In 2017, Quality Quartz Engineering was chosen to design a load-bearing quartz rod for the energy supply of the world’s largest fusion reactor.
What Is Changing in the Market?
Synthetic and high-purity quartz are taking a bigger role. As chips get smaller and lasers get stronger, makers need materials with almost no flaws. Lab-grown quartz can meet that need reliably.
Solar is another shift. High-purity quartz is used to make the crucibles and ingots that go into solar cells. As more solar capacity is built, that demand grows.
Product innovation continues in surfaces too. Makers keep testing new mixes of quartz and resin to improve looks, strength, and cost. Rising research spending in Asia Pacific is helping these efforts.
What Are the Investment Opportunities?
High-purity quartz is a clear opportunity. Semiconductors and solar both need it, and both are expanding. Firms that can secure pure raw material and process it well can build a strong position.
Construction offers steady demand. Quartz countertops are gaining ground as buyers look for durable and affordable alternatives to natural stone. Growth in residential and commercial building supports this.
Asia Pacific offers the most room to grow. Rising industrial development, government spending on electronics and automotive infrastructure, and growing research all point upward. The total addressable market for 2019–2027 is estimated at about US$ 98.93 billion.
Companies that pair strong research with reliable supply have a lot to look forward to.
Related Reading / Reports
Explore additional research from The Insight Partners covering related materials markets:
- Amorphous Silica Market — Silica materials used across many industries.
- Transparent Ceramics Market — Clear, high-strength ceramics used in optics and defense.
- BIPV Glass Market — Glass that turns building surfaces into solar generators.
- Float Glass Market — Flat glass used in buildings and vehicles.
Contact US
If you have any queries about this report or if you would like further information, please contact us:
Phone: +1-646-491-9876
E-mail: sales@theinsightpartners.com
