Quartz Stone Market Expansion Continues, with Forecast Valuation of $19.87 Billion by 2029

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Quartz Stone Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The scale of the quartz stone market has seen substantial growth in the past few years. It is forecasted to expand from a market size of $12.95 billion in 2024 to $14.1 billion in 2025, with a compound annual growth rate (CAGR) of 8.9%. The upswing in the historical period was driven by factors including the demand for attractive quartz surfaces in design, its durability in areas with high footfall, its low upkeep compared to other materials, its multitude of applications across various industries, the steady supply of raw materials, and the global upsurge in construction activity stimulating material demand.

Quartz Stone Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for robust expansion in the quartz stone market in the upcoming years, with a projected size of $19.87 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.9%. The predicted growth within this timeframe can be credited to an emphasis on environmentally friendly building materials, the increasing demand for opulent spaces, current architectural styles, energy-saving building methods, advancements in composite technologies, and the expansion of construction sectors in burgeoning markets. Significant trends expected within this period include the incorporation of intelligent technology, preference for custom-designed quartz, the impact of biophilic design, utilization of quartz in commercial venues, innovative manufacturing techniques, and the emergence of recycled quartz.

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What Are the Drivers Transforming the Quartz Stone Market?
The growth of the quartz stone market is being propelled by the escalating demand from the construction sector. This surge is primarily attributed to factors such as quick urbanization, population expansion, infrastructural development, and advancements in construction methodologies. The demand for sustainable, energy-efficient buildings coupled with increased governmental input in residential, commercial, and industrial projects globally also plays a significant role. Quartz stone contributes positively to the construction industry by providing sturdy, aesthetically adaptable, and low-upkeep materials suitable for countertops, flooring, and wall cladding, fulfilling contemporary design and functionality requirements. As proof, the US Census Bureau reported that the value of construction activities escalated from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the increasing demand from the construction sector is fueling the growth of the quartz stone market.

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What Trends Will Shape the Quartz Stone Market Through 2029 and Beyond?
Key players in the quartz stone market are now concentrating on creating innovative products, such as silica-free quartz surfaces, in a bid to address safety and health worries, improve resilience, and fit in with changing industry norms and consumer tastes. Silica-free quartz surfaces are fabricated using substitute materials, boasting the strength and the attractive qualities of conventional quartz but without the silica, thereby diminishing the health threats that silica dust brings. For example, in September 2024, Aurea Stone, a producer based in Belgium that specializes in engineered construction materials, debuted its novel Exo series of silica-free quartz surfaces, marking a significant advancement in the engineered stone sector. The launch underscores the company's commitment to sustainability and health, as it eliminates the use of crystalline silica from its offerings. The Exo series incorporates innovative Phi 4R+ Technology and blends in recycled materials, which results in remarkable performance and appearance.

Which Segments in the Quartz Stone Market Offer the Most Profit Potential?
The quartz stone market covered in this report is segmented -

1) By Type: Quartz Surface, Quartz Tile, Other Types
2) By Distribution Channel: Direct Sales, Retail Sales, Online Platforms
3) By Application: Residential, Commercial

Subsegments:
1) By Quartz Surface: Engineered Quartz Surface, Solid Surface Quartz, Quartz Countertops
2) By Quartz Tile: Polished Quartz Tile, Honed Quartz Tile, Textured Quartz Tile
3) By Other Types: Quartz Slabs, Quartz Aggregate, Quartz Blanks

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Which Firms Dominate the Quartz Stone Market by Market Share and Revenue in 2025?
Major companies operating in the quartz stone market are Hyundai L&C, DuPont de Nemours Inc., LX Hausys, MSI Surfaces Inc., Cosentino Group, Wilsonart LLC, Caesarstone Ltd., Levantina Group, Yunfu Wayon Stone Co. Ltd., Blanco GmbH + Co KG, Quarella S.p.A., Compac The Surfaces Company, HanStone Quartz, Belenco Quartz Surfaces, Prestige Group, American Quartz, SMG Overseas Stones LLP, TOTEM Quartz, Uviistone Quartz Building Material Co. Ltd., Bitto Industry Dongguan Co. Ltd.

Which Regions Offer the Highest Growth Potential in the Quartz Stone Market?
North America was the largest region in the quartz stone market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quartz stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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