Engineered Quartz Surface Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Engineered Quartz Surface Market
The Engineered Quartz Surface market size was valued at USD 17.10 billion in 2019, and the market is now projected to grow from USD 17.10 billion in 2019 to USD 53.96 billion by 2032, exhibiting a CAGR of 8.6% during the forecast period of 2020-2032.
The sudden emergence of the COVID-19 pandemic has resulted in a sizeable lower in calls for home maintenance, reworking activities, and new residential production, which in flip has shrunk the Engineered Quartz Surface market growth.. It has adversely affected the countertop commercial enterprise and the operational float of manufacturing, fabricating, and set-up techniques around the arena. Moreover, the development industry is already experiencing a downfall as a result of employees’ unavailability on sites, even if most of the developers have kept the development work continuing. The unavailability of people has reduced the anticipated percentage of world sales through residential and commercial engineered quartz countertop installations as it's far immediately proportional to the number of employees working on the web page.
A countertop is used as a piece platform for several programs and hence wishes to be constructed with the use of long-lasting, warmness-resistant, and stain-proof substances. Owing to the increasing call for classy worktops, scratch and stain evidence surfaces have been delivered in the Engineered Quartz Surface market share, using the growth of the market worldwide. Progressive growth inside the call for esthetic quartz across the global fabrication and production industry is expected to witness a rising regional consumer base. For instance, Caesarstone is a pioneer in imparting exceptional first-rate quartz surfaces that constitute ninety per cent quartz, 7% polymer resins, adhesives, and additives mix.
Additionally, in the current market scenario, engineered quartz surfaces are emerging across several applications, with a wider range of patterns, textures, and slab sizes as required by customers. Owing to this, manufacturers tend towards offering custom countertops, such as mushroom tops, that create an aesthetic floating landscape for stylised interior furnishings. For instance, Caesarstone has successfully collaborated with the world-famous Japanese design studio Nendo.
Comprehensive Analysis of the Engineered Quartz Surface Market
The market is segmented by using product kind and give up-consumer. By product kind, press moulding quartz holds a first-rate proportion due to its affordability and advanced functions, including sturdiness, non-porosity, uniform texture, and high weight-bearing capacity, making it a preferred desire for residential and industrial countertops. By quit-user, the residential section dominates, pushed with the aid of growing consistent with capita spending and a shift in purchaser choices from herbal stones to fee-powerful and sturdy quartz countertops. Additionally, the developing demand for aesthetic and spacious kitchens with larger countertop areas further fuels the adoption of quartz surfaces in residential packages.
Asia Pacific ruled the engineered quartz surface market with a marketplace share of 24.32% in 2019.Asia Pacific is anticipated to revel in exponential market growth within the near future, with the upsurge in demand fuelled by the growing standards of residing in international locations together with China, India, Australia, and many others. These nations are aiming to modernise their present housing and non-residential building stocks.
The top players in the market play a crucial role in the industry assuring industrial prospectus growth and setting market standards. These players include Caesarstone (Israel), VICOSTONE (Vietnam), DuPont de Nemours, Inc. (United States), and Wilsonart LLC. (United States), Cosentino S.A. (Spain), Cambria (Minnesota), POKARNA LIMITED (India), STRASSER Steine GmbH (St. Martin Austria) and SodoStone (China); these market players provide a level-playing competitive landscape.
In December 2020, Vicostone launched its new product variety, VICOSTONE BAHIA, with creative views combining the great depth of quartzite, the classical elegance of marble, and the particular layout philosophies of VICOSTONE.
Segmentation Table
Global Engineered Quartz Surface Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2020-2032
Growth Rate CAGR of 8.6% from 2024-2032
Historical Period 2016-2018
Unit Value (USD Billion)
Segmentation By Type, End-User, and Region
By Type
Press Molding Quartz
Casting Quartz
By End-User
Residential
Commercial
Research Laboratories
Retails
Hotels/Restaurants
Others (Airports, Banks, etc.)
By Region
North America (By Product Type, End-User, and Country)
The US (By End-User)
Canada (By End-User)
Europe (By Product Type, End-User, and Country)
The UK (By End-User)
Germany (By End-User)
France (By End-User)
Italy (By End-User)
Rest of Europe
Asia Pacific (By Product Type, End-User, and Country)
China (By End-User)
Japan (By End-User)
India (By End-User)
South Korea (By End-User)
Australia (By End-User)
Southeast Asia (By End-User)
Rest of Europe
The Middle East & Africa (By Product Type, End-User, and Country)
GCC (By End-User)
South Africa (By End-User)
Rest of the Middle East & Africa
Latin America (By Product Type, End-User, and Country)
Brazil (By End-User)
Mexico (By End-User)
Rest of Latin America
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. PESTLE Analysis
- 4.4. Porter’s Five Force Analysis
- 4.5. Global Engineered Quartz Surface Market Share Analysis and Matrix, 2019
- 5. Key Market Insights and Strategic Recommendations
- 6. Profiles of Key Players (Would be provided for 10 players only)
- 6.1. Overview
- 6.1.1. Key Management
- 6.1.2. Headquarters etc.
- 6.2. Offerings/Business Segments
- 6.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 6.3.1. Employee Size
- 6.3.2. Key Financials
- 6.3.2.1. Past and Current Revenue
- 6.3.2.2. Gross Margin
- 6.3.2.3. Geographical Share
- 6.3.2.4. Business Segment Share
- 6.4. Recent Developments
- 7. Primary Interview Responses
- 8. Annexure / Appendix
- 9.
- 9.1. Global Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.1.1. By Product Type (Value)
- 9.1.1.1. Press Molding Quartz
- 9.1.1.2. Casting Quartz
- 9.1.2. By End-User (Value)
- 9.1.2.1. Residential
- 9.1.2.2. Commercial
- 9.1.2.2.1. Research Laboratories
- 9.1.2.2.2. Retails
- 9.1.2.2.3. Hotels/Restaurants
- 9.1.2.2.4. Others (Airports, Banks, etc.)
- 9.1.3. By Region (Value)
- 9.1.3.1. North America
- 9.1.3.2. Europe
- 9.1.3.3. Asia Pacific
- 9.1.3.4. Middle East & Africa
- 9.1.3.5. Latin America
- 9.2. North America Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.2.1. By Product Type (Value)
- 9.2.1.1. Press Molding Quartz
- 9.2.1.2. Casting Quartz
- 9.2.2. By End-User (Value)
- 9.2.2.1. Residential
- 9.2.2.2. Commercial
- 9.2.2.2.1. Research Laboratories
- 9.2.2.2.2. Retails
- 9.2.2.2.3. Hotels/Restaurants
- 9.2.2.2.4. Others (Airports, Banks, etc.)
- 9.2.3. By Country (Value)
- 9.2.3.1. United States
- 9.2.3.1.1. By End-User (Value)
- 9.2.3.1.1.1. Residential
- 9.2.3.1.1.2. Commercial
- 9.2.3.1.1.2.1. Research Laboratories
- 9.2.3.1.1.2.2. Retails
- 9.2.3.1.1.2.3. Hotels/Restaurants
- 9.2.3.1.1.2.4. Others (Airports, Banks, etc.)
- 9.2.3.2. Canada
- 9.2.3.2.1. By End-User (Value)
- 9.2.3.2.1.1. Residential
- 9.2.3.2.1.2. Commercial
- 9.2.3.2.1.2.1. Research Laboratories
- 9.2.3.2.1.2.2. Retails
- 9.2.3.2.1.2.3. Hotels/Restaurants
- 9.2.3.2.1.2.4. Others (Airports, Banks, etc.)
- 9.3. Europe Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.3.1. By Product Type (Value)
- 9.3.1.1. Press Molding Quartz
- 9.3.1.2. Casting Quartz
- 9.3.2. By End-User (Value)
- 9.3.2.1. Residential
- 9.3.2.2. Commercial
- 9.3.2.2.1. Research Laboratories
- 9.3.2.2.2. Retails
- 9.3.2.2.3. Hotels/Restaurants
- 9.3.2.2.4. Others (Airports, Banks, etc.)
- 9.3.3. By Country (Value)
- 9.3.3.1. UK
- 9.3.3.1.1. By End-User (Value)
- 9.3.3.1.1.1. Residential
- 9.3.3.1.1.2. Commercial
- 9.3.3.1.1.2.1. Research Laboratories
- 9.3.3.1.1.2.2. Retails
- 9.3.3.1.1.2.3. Hotels/Restaurants
- 9.3.3.1.1.2.4. Others (Airports, Banks, etc.)
- 9.3.3.2. Germany
- 9.3.3.2.1. By End-User (Value)
- 9.3.3.2.1.1. Residential
- 9.3.3.2.1.2. Commercial
- 9.3.3.2.1.2.1. Research Laboratories
- 9.3.3.2.1.2.2. Retails
- 9.3.3.2.1.2.3. Hotels/Restaurants
- 9.3.3.2.1.2.4. Others (Airports, Banks, etc.)
- 9.3.3.3. France
- 9.3.3.3.1. By End-User (Value)
- 9.3.3.3.1.1. Residential
- 9.3.3.3.1.2. Commercial
- 9.3.3.3.1.2.1. Research Laboratories
- 9.3.3.3.1.2.2. Retails
- 9.3.3.3.1.2.3. Hotels/Restaurants
- 9.3.3.3.1.2.4. Others (Airports, Banks, etc.)
- 9.3.3.4. Italy
- 9.3.3.4.1. By End-User (Value)
- 9.3.3.4.1.1. Residential
- 9.3.3.4.1.2. Commercial
- 9.3.3.4.1.2.1. Research Laboratories
- 9.3.3.4.1.2.2. Retails
- 9.3.3.4.1.2.3. Hotels/Restaurants
- 9.3.3.4.1.2.4. Others (Airports, Banks, etc.)
- 9.3.3.5. Rest of Europe
- 9.4. Asia Pacific Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.4.1. By Product Type (Value)
- 9.4.1.1. Press Molding Quartz
- 9.4.1.2. Casting Quartz
- 9.4.2. By End-User (Value)
- 9.4.2.1. Residential
- 9.4.2.2. Commercial
- 9.4.2.2.1. Research Laboratories
- 9.4.2.2.2. Retails
- 9.4.2.2.3. Hotels/Restaurants
- 9.4.2.2.4. Others (Airports, Banks, etc.)
- 9.4.3. By Country (Value)
- 9.4.3.1. China
- 9.4.3.1.1. By End-User (Value)
- 9.4.3.1.1.1. Residential
- 9.4.3.1.1.2. Commercial
- 9.4.3.1.1.2.1. Research Laboratories
- 9.4.3.1.1.2.2. Retails
- 9.4.3.1.1.2.3. Hotels/Restaurants
- 9.4.3.1.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.2. Japan
- 9.4.3.2.1. By End-User (Value)
- 9.4.3.2.1.1. Residential
- 9.4.3.2.1.2. Commercial
- 9.4.3.2.1.2.1. Research Laboratories
- 9.4.3.2.1.2.2. Retails
- 9.4.3.2.1.2.3. Hotels/Restaurants
- 9.4.3.2.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.3. India
- 9.4.3.3.1. By End-User (Value)
- 9.4.3.3.1.1. Residential
- 9.4.3.3.1.2. Commercial
- 9.4.3.3.1.2.1. Research Laboratories
- 9.4.3.3.1.2.2. Retails
- 9.4.3.3.1.2.3. Hotels/Restaurants
- 9.4.3.3.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.4. South Korea
- 9.4.3.4.1. By End-User (Value)
- 9.4.3.4.1.1. Residential
- 9.4.3.4.1.2. Commercial
- 9.4.3.4.1.2.1. Research Laboratories
- 9.4.3.4.1.2.2. Retails
- 9.4.3.4.1.2.3. Hotels/Restaurants
- 9.4.3.4.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.5. Australia
- 9.4.3.5.1. By End-User (Value)
- 9.4.3.5.1.1. Residential
- 9.4.3.5.1.2. Commercial
- 9.4.3.5.1.2.1. Research Laboratories
- 9.4.3.5.1.2.2. Retails
- 9.4.3.5.1.2.3. Hotels/Restaurants
- 9.4.3.5.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.6. Southeast Asia
- 9.4.3.6.1. By End-User (Value)
- 9.4.3.6.1.1. Residential
- 9.4.3.6.1.2. Commercial
- 9.4.3.6.1.2.1. Research Laboratories
- 9.4.3.6.1.2.2. Retails
- 9.4.3.6.1.2.3. Hotels/Restaurants
- 9.4.3.6.1.2.4. Others (Airports, Banks, etc.)
- 9.4.3.7. Rest of Asia Pacific
- 9.5. Middle East & Africa Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.5.1. By Product Type (Value)
- 9.5.1.1. Press Molding Quartz
- 9.5.1.2. Casting Quartz
- 9.5.2. By End-User (Value)
- 9.5.2.1. Residential
- 9.5.2.2. Commercial
- 9.5.2.2.1. Research Laboratories
- 9.5.2.2.2. Retails
- 9.5.2.2.3. Hotels/Restaurants
- 9.5.2.2.4. Others (Airports, Banks, etc.)
- 9.5.3. By Country (Value)
- 9.5.3.1. GCC
- 9.5.3.1.1. By End-User (Value)
- 9.5.3.1.1.1. Residential
- 9.5.3.1.1.2. Commercial
- 9.5.3.1.1.2.1. Research Laboratories
- 9.5.3.1.1.2.2. Retails
- 9.5.3.1.1.2.3. Hotels/Restaurants
- 9.5.3.1.1.2.4. Others (Airports, Banks, etc.)
- 9.5.3.2. South Africa
- 9.5.3.2.1. By End-User (Value)
- 9.5.3.2.1.1. Residential
- 9.5.3.2.1.2. Commercial
- 9.5.3.2.1.2.1. Research Laboratories
- 9.5.3.2.1.2.2. Retails
- 9.5.3.2.1.2.3. Hotels/Restaurants
- 9.5.3.2.1.2.4. Others (Airports, Banks, etc.)
- 9.5.3.3. Rest of Middle East & Africa
- 9.6. Latin America Engineered Quartz Surface Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.6.1. By Product Type (Value)
- 9.6.1.1. Press Molding Quartz
- 9.6.1.2. Casting Quartz
- 9.6.2. By End-User (Value)
- 9.6.2.1. Residential
- 9.6.2.2. Commercial
- 9.6.2.2.1. Research Laboratories
- 9.6.2.2.2. Retails
- 9.6.2.2.3. Hotels/Restaurants
- 9.6.2.2.4. Others (Airports, Banks, etc.)
- 9.6.3. By Country (Value)
- 9.6.3.1. Brazil
- 9.6.3.1.1. By End-User (Value)
- 9.6.3.1.1.1. Residential
- 9.6.3.1.1.2. Commercial
- 9.6.3.1.1.2.1. Research Laboratories
- 9.6.3.1.1.2.2. Retails
- 9.6.3.1.1.2.3. Hotels/Restaurants
- 9.6.3.1.1.2.4. Others (Airports, Banks, etc.)
- 9.6.3.2. Mexico
- 9.6.3.2.1. By End-User (Value)
- 9.6.3.2.1.1. Residential
- 9.6.3.2.1.2. Commercial
- 9.6.3.2.1.2.1. Research Laboratories
- 9.6.3.2.1.2.2. Retails
- 9.6.3.2.1.2.3. Hotels/Restaurants
- 9.6.3.2.1.2.4. Others (Airports, Banks, etc.)
- 9.6.3.3. Rest of Latin America
- 10. List of some of the companies (to name a few and not limited to) considered in the scope for understanding the market ecosystem/value chain.
- 11. (Note that the purpose of the below list is to highlight the exhaustiveness of coverage. This does not necessarily mean that all the below companies would be profile in the scope. However, at the same, we are open to profile additional company(s) on specific request)
- 12. Caesarstone
- 13. VICOSTONE
- 14. DuPont de Nemours, Inc.
- 15. Wilsonart LLC.
- 16. Cosentino S.A.
- 17. Cambria
- 18. POKARNA LIMITED
- 19. STRASSER Steine GmbH
- 20. SodoStone
- 21. Macostone
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