Press release
Global Quartz Market Report 2025: Market Size, CAGR, Drivers and Emerging Trends
Global Quartz Market
What Is The Projected Market Size Of The Global Quartz Global Market Report 2025 And Its Growth Rate?
The quartz market has seen strong growth in recent years and is expected to grow further:
- The market size grew from $9.68 billion in 2024 to an estimated $10.47 billion in 2025, a CAGR of 8.2%.
- This growth is fueled by drivers such as electronics industry growth, urbanization and construction, industrial applications, healthcare and medical uses, and demand from aerospace and defense.
- Looking further ahead, the quartz market size is projected to soar to $14.5 billion in 2029 at a CAGR of 8.5%. This growth will be supported by environmental sustainability, global supply chain dynamics, shifts in consumer preferences, military and aerospace needs and healthcare and biotechnology expansion.
What Is Driving The Growth In The Quartz Global Market Report 2025?
The growth in the quartz market can largely be attributed to the increased demand for semiconductors. In the semiconductor sector, quartz plates and discs are necessary for manufacturing a variety of items including boats, pedestals, wafers, wafer carriers, and batch processing equipment. High purity quartz, in particular, finds use in the production of crucibles and quartz glass products such as windows, rods, and tubes. According to the Semiconductor Industry Association (SIA), global semiconductor industry sales reached $46.6 billion in October 2023, marking a 3.9% increase from the $44.9 billion recorded in September 2023. This rising demand for semiconductors is therefore driving the growth of the quartz market.
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Who Are the Key Players Driving Quartz Global Market Report 2025 Growth?
The following major companies are significantly contributing to the quartz market growth:
- Heraeus Holding
- Kyocera Corporation
- Murata Manufacturing Co Ltd.
- DuPont de Nemours Inc.
- Ferroglobe
- Cosentino Group
- Sibelco Quartz Corporation
- Covia Holdings LLC
- Jiangsu Pacific Quartz Co Ltd., and many more.
What Are The Key Trends In The Quartz Global Market Report 2025?
Key trends forecasted in the quartz market include:
- Rise in luxury market demand
- Resilience in supply chain
- Artificial intelligence in processing
- Integration with smart homes
- Health and wellness applications
What Are The Segments Of The Global Quartz Global Market Report 2025?
The quartz market in this report is categorized by:
1) Type: Engineered Quartz Stones, Quartz Sand, Quartz Pebbles, Quartz Crystals, Other Types
2) Grade: High-Purity Quartz, Grade I, Grade II, Grad III
3) End User: Electronics and Semiconductors, Solar, Building and Construction, Metallurgy, Optics and Telecommunication, Other End Users
Which Region Leads The Quartz Global Market Report 2025?
Asia-Pacific was the largest region in the quartz market in 2024 and this trend is expected to continue with Asia-Pacific being the fastest-growing region in the forecast period. The quartz market report also covers other regions including Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Quartz Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Quartz Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Quartz Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Quartz Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Quartz Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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