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Engineered Stone Market Revenue & Growth Analysis 2023 By Top Players DuPont, Staron(SAMSUNG), LG Hausys, Kuraray, Aristech Acrylics,CXUN,Wanfeng Compound Stone

12-04-2018 11:13 AM CET | Industry, Real Estate & Construction

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Engineered Stone

Engineered Stone

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.

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Key Players: 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

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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. 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. 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.

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.
Segmentation by product type: Artificial Marble,Artificial Quartz,Segmentation by application:,Kitchen Countertops,Facades,Flooring,Bathroom,Others

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