Take Up Global Engineered Stone Market Opportunities with Clear Industry Data – Includes Engineered Stone Market Share
The Business Research Company’s report goes into great detail on the engineered stone market size and growth, engineered stone market regional analysis, engineered stone market competitive landscape, and other critical information needed to excel in the engineered stone industry.
Major players in the engineered stone market include LG Hausys, Johnson Marble & Quartz, Technistone A.S., Caesarstone Ltd., Belenco, Quarella Group Ltd, Quartzforms, Stone Italiana S.p.A, VICOSTONE, Diresco, Viatera, Santa Margherita Spa, Silestone, Tchnistone, and Topzstone.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global engineered stone market size is expected to grow from $20.20 billion in 2021 to $21.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.30%. The growth in the market is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global engineered stones market size is expected to reach $29.92 billion in 2026 at a CAGR of 8.40%.
Asia-Pacific was the largest region in the engineered stone market in 2021.
The engineered stone market consists of sales of engineered stone by entities (organizations, sole traders, and partnerships) that refer to a composite slab of stone that is prepared from 90% crushed quartz and that is bound together utilising a polymer resin, and the rest of 10% is prepared with extra materials such as metals, mirrors, or coloured glass that are mixed in for aesthetic reasons. The engineered stone market material is utilized anywhere that slab stones such as marble or granite are used, but a majority of customers and industries utilize engineered stone for their kitchen and bathroom countertops.
The high growth in the construction industry is expected to propel the growth of the engineered stone market.
The key players in the engineered stone market are focusing on the manufacturing and development of engineered stone from recycled materials to meet their efforts towards sustainability and a low-corban future.
TBRC’s Global Engineered Stone Market Report Is Segmented:
By Type: Tiles and Blocks, Slabs
By Process: Cold Curing, Hot Curing
By Application: Kitchen Countertops, Bathroom Countertops, Flooring, Facades, Wall
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Engineered Stone Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the engineered stone market globally and regionally, analyzes and forecasts market size, share, engineered stone market players, engineered stone market segments, leading competitor revenues, profiles and market shares.
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