Engineered Stone Market Worth US$ 29740 Million by 2027 at a CAGR of 7.9% Globally, COVID-19 Impact and Analysis by The Market Reports

The global Engineered Stone market was valued at US$ 16970 million in 2020 and it is expected to reach US$ 29740 million by the end of 2027, growing at a CAGR of 7.9% during 2021-2027.

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.

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.

Global Engineered Stone Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Engineered Stone Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are DuPont, Staron (Samsung), LG 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, Hanwha L&C, Compac, Vicostone, Cambria, Santa Margherita, Quartz Master, Seieffe, Quarella, Samsung Radianz, Zhongxun, Sinostone, Baoliya and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-engineered-stone-market-research-report

Segment by Type

  • Solid Surface
  • Engineered Quartz Stone

Segment by Application

  • Kitchen Countertops
  • Facades
  • Flooring
  • Bathroom
  • Others

Table of Content:

1 Engineered Stone Market Overview

2 Engineered Stone Market Competition by Manufacturers

3 Engineered Stone Retrospective Market Scenario by Region

4 Global Engineered Stone Historic Market Analysis by Type

5 Global Engineered Stone Historic Market Analysis by Application

6 Key Companies Profiled

7 Engineered Stone Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Engineered Stone Market Dynamics

10 Global Engineered Stone Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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