TBIQYR5179-Global Engineered Stone Market Research Report 2019

                                          
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 2018 is expected to reach 24800 million US$ by the end of 2025, growing at a CAGR of 8.4% during 2019-2025.
This report focuses on Engineered Stone volume and value at global level, regional level and company level. From a global perspective, this report represents overall Engineered Stone market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    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

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Artificial Marble
    Artificial Quartz

Segment by Application
    Kitchen Countertops
    Facades
    Flooring
    Bathroom
    Others