Engineered Stone Market Professional Survey Report 2018

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This report studies the global Engineered Stone market status and forecast, categorizes the global Engineered Stone market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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.
The global Engineered Stone industry has a rather high concentration. The major manufacturers are concentrated in China, Europe, North America, such as DuPont, CXUN, Wanfeng Compound Stone, Vicostone and Zhongxun.

The global consumption of Engineered Stone increases from 226074 K Sq.m in 2013 to 359537 K Sq.m in 2017, at a CAGR of more than 12.30%. In 2017, the global Engineered Stone consumption market is led by China and China is the largest region consumption market, accounting for about 35.37% of global consumption of Engineered Stone.

 

Engineered Stone downstream is wide and recently Engineered Stone has acquired increasing significance in various fields of Kitchen Countertops, Facades, Flooring, Bathroom and others. Globally, the Engineered Stone market is mainly driven by growing demand for Bathroom. Bathroom accounts for nearly 35.42% of total downstream consumption of Engineered Stone in global.

 

Engineered Stone can be mainly divided into Artificial Marble and Artificial Quartz which Artificial Marble captures about 88.91% of Engineered Stone market in 2017. According to our research and analysis, manufacturers from China are the major leaders in the international market of Engineered Stone.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Engineered Stone consumption will show a trend of steady growth. In 2024 the consumption of Engineered Stone is estimated to be 788768 K Sq.m. On product prices, the slow downward trend in recent years will maintain in the future.

The global Engineered Stone market is valued at 13000 million US$ in 2017 and will reach 24800 million US$ by the end of 2025, growing at a CAGR of 8.4% during 2018-2025.

The major manufacturers covered in this report
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

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Artificial Marble
Artificial Quartz

By Application, the market can be split into
Kitchen Countertops
Facades
Flooring
Bathroom
Others

The study objectives of this report are:
To analyze and study the global Engineered Stone capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Engineered Stone manufacturers, to study the capacity, production, value, market share and development

 

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