Global Engineered Stone Market Growth 2023-2029

Global Engineered Stone Market Growth 2023-2029

Engineered stone is a composite material made of crushed stone bound together by an adhesive, (most commonly polymer resin, with some newer versions using cement mix). The two common stones used in producing these products are marble and quartz. The application of these products depends on the original stone used. For engineered marbles the most common application is indoor flooring and walls, while the quartz based product is used primarily for kitchen countertops. Related materials include geopolymers and cast stone. Unlike terrazzo, the material is factory made in either blocks or slabs, cut and polished by fabricators, and assembled at the worksite.
LPI (LP Information)' newest research report, the “Engineered Stone Industry Forecast” looks at past sales and reviews total world Engineered Stone sales in 2022, providing a comprehensive analysis by region and market sector of projected Engineered Stone sales for 2023 through 2029. With Engineered Stone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineered Stone industry.
This Insight Report provides a comprehensive analysis of the global Engineered Stone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engineered Stone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Engineered Stone market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineered Stone and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineered Stone.
The global Engineered Stone market size is projected to grow from US$ 18490 million in 2022 to US$ 32090 million in 2029; it is expected to grow at a CAGR of 32090 from 2023 to 2029.
Global Engineered Stone key players include DuPont, Staron (SAMSUNG), LG Hausys, Kuraray, Aristech Acrylics, etc. North America is the largest market, with a share about 25%, followed by Europe, with a share about 20 percent. In terms of product, Solid Surface is the largest segment, with a share about 90%. And in terms of application, the largest application is Bathroom, followed by Flooring, Kitchen Countertops, Facades, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Engineered Stone market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solid Surface
Engineered Quartz Stone
Segmentation by application
Kitchen Countertops
Facades
Flooring
Bathroom
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DuPont
Staron (SAMSUNG)
LX Hausys
Kuraray
Aristech Acrylics
CXUN
Wanfeng Compound Stone
PengXiang Industry
ChuanQi
New SunShine Stone
Leigei Stone
GuangTaiXiang
Relang Industrial
Ordan
Bitto
Meyate Group
Cosentino Group
Caesarstone
Hyundai L&C
Compac
Vicostone
Cambria
Santa Margherita
Quartz Master
SEIEFFE
Quarella
Lotte Chemical (Radianz)
Zhongxun
Sinostone
Baoliya
Qianyun
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engineered Stone market?
What factors are driving Engineered Stone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engineered Stone market opportunities vary by end market size?
How does Engineered Stone break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.