The Business Research Company’s report on the Quartz Stone Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the quartz stone industry?
Rising demand from the construction industry is driving the growth of the quartz stone market going forward. The construction industry is increasing due to rapid urbanization, population growth, infrastructure development, advancements in construction technologies, rising demand for sustainable and energy-efficient buildings, and increased government investments in residential, commercial, and industrial projects globally. Quartz stone enhances the construction industry by providing durable, aesthetically versatile, and low-maintenance materials ideal for countertops, flooring, and wall cladding, meeting modern design and functionality demands. For instance, in July 2024, according to the US Census Bureau, a US-based government agency, the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, rising demand from the construction industry is driving the growth of the quartz stone market.
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What is the estimated market size of the quartz stone sector by 2029, based on current forecasts?
The quartz stone market size has grown strongly in recent years. It will grow from $12.95 billion in 2024 to $14.19 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to demand for aesthetic quartz surfaces in design, durability in high-traffic areas, low maintenance compared to other materials, versatile applications in different industries, consistent availability of raw materials, and the global construction boom driving material demand.
The quartz stone market size is expected to see strong growth in the next few years. It will grow to $20.21 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to a focus on sustainable building materials, rising demand for luxury spaces, contemporary architectural trends, energy-efficient building practices, advancements in composite technology, and growing construction sectors in emerging markets. Major trends in the forecast period include smart technology integration, custom quartz design preferences, biophilic design influence, quartz use in commercial spaces, innovation in manufacturing processes, and the rise of recycled quartz.
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Who are the top players in the quartz stone market?
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.
What are the major trends in the quartz stone market?
Major companies operating in the quartz stone market are focusing on developing innovative products, such as silica-free quartz surfaces, to address health and safety concerns, enhance durability, and meet evolving industry standards and consumer preferences. Silica-free quartz surfaces are engineered with alternative materials, offering the durability and aesthetic appeal of traditional quartz without the use of silica, reducing health risks associated with silica dust. For instance, in September 2024, Aurea Stone, a Belgium-based manufacturer specializing in engineered building materials, introduced its new Exo series of silica-free quartz surfaces, representing a major breakthrough in the engineered stone industry. This launch highlights the company’s dedication to sustainability and health by removing crystalline silica from its products. The Exo series features cutting-edge Phi 4R+ Technology, delivering exceptional performance and visual appeal while integrating recycled materials.
Which geography holds the highest quartz stone market share?
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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How do different segments contribute to the overall expansion of the quartz stone market?
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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What defines the structure and scope of the quartz stone market?
Quartz stone refers to a man-made, engineered material composed primarily of natural quartz crystals (about 90–95%) combined with resins, polymers, and pigments. This mixture is molded into slabs and cured under heat and pressure to create a durable and non-porous surface.
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