Engineered Stone Market Market Analysis

  • Report ID: 5725
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Engineered Stone Market Market Analysis

Product (Tiles, Blocks & Slabs)

The blocks & slabs segment in the engineered stone market will have the biggest growth during the forecast period and will account for the biggest share of 98% by the end of 2037.  This supremacy can be attributed to its hassle-free setup and easy administration properties and due to its cost-effective nature. Density A standard concrete slab will primarily be 4 or 6 inches dense, but this can be adjusted and controlled by the requirements of your project. Density is key in deciding the final cost of the project: the thicker the slab, the costlier it will be. A 4-inch slab, for instance, can cost anything from USD 0.50 to USD 1 less than a 6-inch slab. Other than natural stone, it is substantially less inclined to stains caused by usual food substances, like oil, wine, and juices, making it appropriate for kitchen applications. Engineered blocks and slabs can be created in large sizes, and their non-penetrable nature enables them to be utilized in wet areas, like bathrooms, swimming pools, showers, and bathtubs. The rising requirement for beautiful countertops to increase looks in interior frameworks is projected to drive the requirement over the anticipated period.

Application (Flooring, Countertop, Wall Cladding, Cut-to-size Items)

The countertops segment in the engineered stone market will hold the predominant profit share of 79% by the end of 2037 and will notice the biggest growth. This requirement can be attributed to the product’s stain-repellent properties. Moreover, the cost of quartz countertops scales from USD 45 to USD 200 per square foot, is impacted by factors such as grade, color selection, and edge treatment. Engineered stone slabs are relatively less costly than their natural substitutes and present greater selections in terms of shape, design, color, and texture. engineered stone comprises polymeric resins that are not UV persistent, causing the discoloration of the stone and the crack-up of the resin binder.

     Our In-Depth Analysis of the global engineered stone market Includes the Following Segments:

        Type

  • Engineered Quartz
  • Polymer Concrete
  • Engineered Marble Stone

       Application

  • Flooring
  • Countertop
  • Wall Cladding
  • Cut-to-size Items

       Product

  • Tiles
  • Blocks & Slabs

       End-Use Industry

  • Residential
  • Commercial
  • Infrastructure
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Author Credits:  Shweta Patidar


  • Report ID: 5725
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of engineered stone is evaluated at USD 25.73 billion.

Engineered Stone Market size was over USD 24.63 billion in 2024 and is anticipated to exceed USD 50.01 billion by the end of 2037, witnessing over 5.6% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for engineered stone across the world will drive the market growth.

Asia Pacific industry is predicted to hold largest revenue share of 35% by 2037, owing to increasing product use in the production sector and embellishment of residential and non-residential interiors in quickly increasing economies, like China, India, Japan, Malaysia, and Singapore.

The major players in the market are LX Hausys, Johnson Marble & Quartz, Technistone A.S., Caesarstone Ltd., Belenco, Quarella Group Ltd., Quartzforms, Stone Italiana S.p.A., Cosentino S.A., VICOSTONE, Shimizugumi Sekizai Industry Co., Ltd., Yoshida Stone Industry Co., Ltd., Tosoh Quartz Corporation, Taketo Shoten Co., Ltd.
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