Quartz Powder Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Report ID: GMI4374




Summary Methodology

Global quartz powder market size is slated to proliferate commendably over 2021-2027. This is driven by the significant usage of the product 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, refers to a hard, wear-resistant, and stable silicate mineral, which is milky white or translucent in color. This mineral is employed for traction in the mining and railroad industries, as well as in recreation of golf courses, baseball fields, beaches, and volleyball courts due to its high strength, durability, and chemical inertness.
 

Rapid urbanization and the subsequent increase in demand for paint and pigments, 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.
 

Considering application, the global quartz powder market from the facades segment will exhibit a strong growth rate through 2027. This is attributable to the significant recovery of the residential building activities in developing nations, driven by supportive government policies and sustained housing demand. 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 industry will register a significant revenue by 2027. 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 being produced in the EU are sold outside the market. Additionally, the robust presence of glue and adhesive manufacturers is projected to further contribute to the growth of the regional 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. These companies are focusing on new product launches and business expansions to reinforce their presence in the global market.
 

COVID-19 May Impact Quartz Powder Market Trends:

The ongoing coronavirus pandemic has presented unprecedented challenges to numerous industry verticals, including construction, due to the shifts of resources, cash flow disruptions, and breaks in supply chains. As per the American Institute of Architects (AIA), the spending on non-residential buildings is likely to witness a dramatic decline in 2021, due to the increasing government debts and delayed investments in infrastructure projects. The prevailing challenges in the construction sector may create an indirect impact on the quartz powder manufacturing process, as the mineral is widely used for developing slabs and countertops for residential and commercial buildings.
 

Despite these COVID-19-induced challenges, the paint industry is expected to witness growth over the foreseeable future. This is in view of the development of rural markets, pent-up demand for safe painting solutions, and rising sales of related non-premium product ranges. Furthermore, a growing focus on home improvement projects and application of protective paints and coatings on surfaces to prevent virus transmission may, in turn, generate opportunities for the quartz powder industry to maintain steady growth over the coming years.
 


What Information does this report contain?

Historical data coverage: 2016 to 2020; Growth Projections: 2021 to 2027.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


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