Quartz Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Quartz Market Size

The global Quartz revenue was US$ 11020 million in 2022 and is forecast to a readjusted size of US$ 21920 million by 2029 with a CAGR of 10.2% during the forecast period (2023-2029).

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This report studies the Quartz market, Quartz is crystallised silicon dioxide (SiO2), which is usually white or transparent, although it can be found in other colors if it comes into contact with impurities during its formation.

Quartz is one of the hardest natural materials on earth and has an appearance similar to granite. It is comprised of silicon dioxide. It is naturally scratch and stain resistant and non-porous; bacteria, mold and mildew don't grow very easily on quartz counters. This crystalline mineral is used for kitchen and bathroom counters, though it is more commonly used in jewelry and electronics.

Quartz counters are made from either a natural slab that has been polished or engineered quartz composite. Pure, natural slabs are very expensive and are therefore quite uncommon as countertops. The engineered type is made of 93 to 97 percent ground quartz combined with resins, binders and pigments. This combination is poured into molds and allowed to harden, then finished into the shape and style desired. This type of counter is much more affordable and common than the natural slab.

In India, the Quartz revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

Global Quartz key players include Cosentino Group, Caesarstone, Hanwha L&C, Compac, Vicostone, Dupont, etc. Global top six manufacturers hold a share over 17%.

North America is the largest market, with a share over 35%, followed by Europe and China, both have a share about 35 percent.

In terms of product, Press Molding is the largest segment, with a share about 75%. And in terms of application, the largest application is Kitchen Countertops, followed by Facades, Flooring, etc.

This report focuses on global and India Quartz market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Quartz will continue to grow rapidly in the future.

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Global Quartz Scope and Market Size

Quartz market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Quartz market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Quartz market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Press Molding
• Casting Molding

By Application
• Kitchen Countertops
• Facades
• Flooring

Key Companies
Cosentino Group, Caesarstone, Hanwha L&C, Compac, Vicostone, DuPont, LG Hausys, Cambria, Santa Margherita, Quartz Master, SEIEFFE, Quarella, Samsung Radianz, Technistone, QuartzForm, CR Lawrence, Stone Italiana, Granitifiandre, Equs, Diresco, Belenco, QuantumQuartz, Pental, Sage Surfaces (Allen+Roth), Zhongxun, Sinostone, Bitto(Dongguan), OVERLAND, UVIISTONE, Polystone

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This release was published on openPR.