Global Engineered Quartz Stone (EQS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
East Engineered Quartz Stone (EQS) is made from either a natural slab that has been polished or engineered quartz composite. Quartz is one of the hardest natural materials on earth and has an appearance similar to granite. It is comprised of silicon dioxide. Pure, natural quartz slabs are very expensive and are therefore quite uncommon as countertops. The engineered type is made of 93 to 97 percent ground quartz combined with resins, binders and pigments. This combination is poured into molds and allowed to harden, then finished into the shape and style desired. This type of counter is much more affordable and common than the natural slab. The East Engineered Quartz Stone (EQS) is used for kitchen and bathroom counters, no matter in personal home or commercial establishments or other industries.
Market Overview:The latest research study on the global Engineered Quartz Stone (EQS) market finds that the global Engineered Quartz Stone (EQS) market reached a value of USD 11724.15 million in 2022. It’s expected that the market will achieve USD 17724.15 million by 2028, exhibiting a CAGR of 7.13% during the forecast period.
Market Opportunities
Quartz stone is most widely used in cabinets, service desks and other countertops, a small number of decorative parts, such as background walls. Current quartz industry must adhere to marketoriented. Constantly adjusting the industrial structure and product structure, manufacturing quartz products that meet the needs of the market and consumers, so as to develop rapidly.
At present, the whole society for stone decoration, product differentiation, uniqueness, so put forward higher requirements for suppliers. Production and supply enterprises can only increase the added value of products by taking a fine line, strengthening the awareness of stone brand, strengthening and improving the technology, development, design and manufacturing of product processing, etc. Only by increasing investment in product quality improvement and marketing planning and promotion, can they enhance the visibility of enterprises and the overall competitiveness of the industry.
Region Overview:North America had the highest growth rate of all regions.
Company Overview:Dupont, Cambria, Caesarstone, COSENTINO and Compac are the five key players in the global Engineered Quartz Stone (EQS) market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Engineered Quartz Stone (EQS) market in the past 5 years.
DowDuPont Inc., through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company’s Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control. Its Performance Materials & Coatings segment manufactures and sells architectural paints and coatings, and industrial coatings; performance monomers and silicones; standalone silicones; and home and personal care solutions. The company’s Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxide derivatives, cellulose ethers, dispersible latex powders, and acrylic emulsions; sustainable solutions; and chlorine and caustic soda. Its Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatic products; and polyolefin elastomers and ethylene propylene diene monomer rubbers. The company’s Electronics & Imaging segment offers materials and systems for mobile devices, television monitors, personal computers, and electronics. Its Nutrition & Biosciences segment provides specialty ingredients, as well as cellulosic- and alginates-based pharma excipients; and enzymes, biomaterials, biocides, and antimicrobial solutions and process technologies. The company’s Transportation & Advanced Polymers segment offers engineering resins, adhesives, lubricants, and parts for transportation, electronics, healthcare, industrial, and consumer end-markets. Its Safety & Construction segment provides engineered products and integrated systems for construction, worker safety, energy, oil and gas, transportation, medical device, and water purification and separation industries.
Cambria Company LLC, doing business as Cambria Co., designs and manufactures natural quartz surfaces for kitchens, bathrooms, and other applications. It provides vignettes, stone slabs, and samples and edge profiles. The company also offers short or long-term financial flexibility. It provides its products through dealers; and surface samples, apparel, home and office products, and accessories through an online store.
Segmentation Overview:Among different product types, Quartz Surface segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Residential segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Engineered Quartz Stone (EQS) market covered in Chapter 3:Bitto
Vicostone
Wilsonart
Santamargherita
Compac
Technistone
Falat Sang Asia Co.
Cambria
Quartz Master
Dupont
Quarella
Staron
Caesarstone
OVERLAND
Polystone
LG Hausys
COSENTINO
Zhongxun
In Chapter 4 and Chapter 14.2, on the basis of types, the Engineered Quartz Stone (EQS) market from 2018 to 2029 is primarily split into:Quartz Surface
Quartz Tile
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Engineered Quartz Stone (EQS) market from 2018 to 2029 covers:Residential
Commercial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)