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Quartz Powder Market size is slated to expand exponentially over 2023-2032. The product growth is driven by its significant usage in making glasses, artificial marbles, and quartz slabs, or as an abrasive due to its durability as compared to other alternative natural substances. Furthermore, the adoption of ground quartz powder as a filler in manufacturing rubber, putty, and paint will also stimulate the market outlook over the estimated timeline.
Quartz powder, also known as silicon fine powder, is employed for traction in the mining and railroad industries. It also is used in recreation of golf courses, baseball fields, beaches, and volleyball courts due to its high strength, durability, and chemical inertness.
The paints and coatings industry is currently witnessing the wrath of inflation, given the high prices of raw materials. This has led to a decline in demand for quartz powder, hampering the overall market growth.
Rapid urbanization and the subsequent increase in demand for paint and pigments given the ongoing construction activities, especially in Asian countries, are among the prominent trends bolstering the quartz powder market share. The strong application scope of quartz powder in painting products is mainly due to its improved resistance to abrasion and scratch, along with its capability to provide high chemical longevity in industrial coatings. Likewise, the high adoption of powdered gemstones, including quartz, in cosmetic products to exfoliate the skin and remove dead cells will also amplify industry growth in the years ahead.
Building on this, it is safe to declare that the growing sales of cosmetic products and rising consumer spending on such products, worldwide, would provide an impetus to the market growth by 2032 end. As per reliable estimates, more than USD 49 billion is generate by cosmetics sales in the US annually. Moreover, Americans spend anywhere between USD 244 to USD 313, on average, on cosmetics monthly.
Considering application, the global quartz powder market from the facades segment will exhibit a strong growth rate through 2032. This can be attributed to the ongoing residential building activities in developing nations, driven by supportive government policies and sustained housing demand. For instance, the Chinese authorities have announced ramping up the efforts to finish stalled real estate projects and ensure quick housing delivery to home buyers. In addition, greater emphasis on building facades across cities and urban centers, to enhance building performances and architectural design is likely to drive the segmental growth over the upcoming years.
On the regional front, the Europe quartz powder market will register a significant revenue by 2032. This can be credited to the escalating export of ceramics from major producing countries such as Portugal, France, the UK, and Germany. According to the European Ceramic Industry Association, 30% of the ceramics produced locally are sold outside the EU market. Additionally, the robust presence of glue and adhesive manufacturers in the region is projected to further contribute to the growth of the Europe quartz powder industry over the upcoming years.
The competitive landscape of the quartz powder market comprises companies such as CR Lawrence, Cosentino Group, Stone Italiana, Technistone, DuPont, LG Hausys, Compac (TOMRA Sorting Solutions), Vicostone, and Caesarstone, among others. The companies are focusing on new product launches and business expansions to reinforce their presence in the global market.