Press release
Global Engineered Stone Market 2024 Production Analysis, Latest Trends, Industry Share And Forecast To 2033
Engineered Stone Market
The Business Research Company offers in-depth market insights through Engineered Stone Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The engineered stone market size has grown strongly in recent years. It will grow from $26.24 billion in 2023 to $27.89 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to low interest rate environment, rising single family constructions, growing demand for energy-efficient materials, strong economic growth in emerging markets and growth in world population..
The engineered stone market size is expected to see strong growth in the next few years. It will grow to $34.28 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing infrastructure development, rapid industrialization, government focus towards construction and increasing focus towards sustainability. Major trends in the forecast period include manufacturing and development of engineered stone from recycled materials, leveraging hybrid print technology to advance surface aesthetics, focusing on the development of luxurious stone surfaces and accessories, introducing engineered stone which is free of pvc (polyvinyl chloride) and plasticizers and introducing engineered stone which is easy to install..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=5793&type=smp
Market Segmentation:
The engineered stone market covered in this report is segmented -
1) By Type: Tiles And Blocks, Slabs
2) By Process: Cold Curing, Hot Curing
3) By Application: Countertops, Flooring, Wall, Facades, Others
Major Driver - Surging Construction Industry Fuels Growth In The Engineered Stone Market
The high growth in the construction industry is expected to propel the growth of the engineered stone market. Engineered stones are widely used in the construction of residential projects for kitchen countertops, floors, façade tiles, and other architectural applications. The added benefits of engineered stone, such as bacteria-resistant nature, scratch-resistant nature, and heat resistance, make them an ideal choice for residential and commercial construction projects. The rapid surge in the construction of commercial and residential projects is expected to boost the usage of engineered stones during the forecast period. For instance, in June 2021, according to the Stats NZ Tatauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7 percent in March 2021. Further, in 2021, residential activities rose 4.3 percent compared to 2020. Additionally, according to the US Census Bureau, The value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2 percent. Therefore, the high growth in the construction industry is driving the growth of the engineered stone market.
Competitive Landscape:
Major companies operating in the engineered stone market report are LX Hausys, Ltd, Cosentino S.A., Caesarstone Ltd, Vicostone Jsc, Wilsonart LLC, Quarella Group Ltd, Quartzforms, Diresco, Granite & Marble Specialties, Leko Stone Co., Ltd, De Well Group Korea Co., Ltd, Stone Ambassador, Ydl Stone, Australian Stone, Gitani Stone Australia, Ramolia Ceramic, Mystic Stone Private Limited, Aakar Granites, Taanj, Kalingastone, Quantra, Guangzhou Hercules Quartz Stone Co., Ltd, Shandong Lylongsen Material Co., Ltd, Foshan Strong Quartz Co., Ltd, Yunfu Wayon Stone Co., Ltd, Viva Quartz Stone, Santa Margherita Spa, Johnson Marble & Quartz, Technistone A.S, A.St.A. World-Wide, Belenco, Gransena, Exotic Stones, Granos, Alicante, Magban, Thor Granitos, Magnitos, Top Marmore, Laka Granite, Patagonia Stone S.A, Granito Serrano S.A, Matavelli, Mina Marbles, Glaze Granite & Marble, Prestige Stone Llc, Grani Marmo Classic, Jama Marble & Granite, Marble Homes, Cabinet Of Engineering For Development (Caïd), The African Engineering Company (Safi), Soned Afrique, Julius Berger Nigeria Plc, Thabimndeni Construction & Projects Cc, Reynolds Construction Company
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/engineered-stone-global-market-report
Top Trend - Engineered Stone Market Leaders Embrace Sustainability With Recycled Material Developments
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 toward sustainability and a low-carbon future. For instance, in March 2021, Stone Italiana, an Italy-based manufacturer of engineered stone, launched a new range of engineered stone called Cosmolite, manufactured from inert pre-consumer recycled materials. This stone was certified with LEED v4 Green Gold, NSF 51 Food Contact, and the ability to produce low volatile organic compound emissions.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Engineered Stone Market Characteristics
3. Engineered Stone Market Trends And Strategies
4. Engineered Stone Market - Macro Economic Scenario
5. Engineered Stone Market Size And Growth
…..
27. Engineered Stone Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Engineered Stone Market 2024 Production Analysis, Latest Trends, Industry Share And Forecast To 2033 here
News-ID: 3427451 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Stone
Stone Renovation Service Market Insights: Impact on User Data Handling and Regul …
The Stone Renovation Service market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Onyx Stone Market Is Booming Worldwide | Eskandari Stone, Ashland, Xiamen Optimu …
Advance Market Analytics published a new research publication on "Onyx Stone Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Onyx Stone market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Natural Stone Cladding Market Exceptional Business Performance | BOULDER CREEK S …
Report Ocean releases a new report about Global Natural Stone Cladding Market analysis and insights, which aims to provide deep insight into numerous factors that are vital to the growth of this industry.
The information presented in this report will chart trends in the market, analyst opinions and views, competitive landscapes, and key regions from a systematic perspective. A report on the Global Natural Stone Cladding Market provides an analysis of…
Marble and Granite Market 2021 Analysis by Key Players -Rashi Granite, Antolini, …
Latest update report on Marble and Granite Market Size, Share, Growth, Industry Trends and Forecast by 2028. This report is highly predictive as it holds the overall market analysis of the topmost companies into the Marble and Granite industry. With the classified Marble and Granite market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share and so on. The Market research…
Stone Paper Market May See a Big Move : Major Giants The Stone Paper, Shenzhen S …
Latest Report Available at Advance Market Analytics, “Stone Paper Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Stone Paper market focuses on encompassing major statistical evidence for the Stone Paper industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such…
Stone Veneer Market Is Likely to Experience a Tremendous Growth by 2025|Top Play …
Global Stone Veneer Market Growth 2018-2025, presented by Market Insights Reports will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast.
The report examines the market in detail along with focusing on significant market trends, revenue share, market segments, revenue estimates, and various regions across the globe for the key players operating…
