Global Engineered Quartz Surface Market size was valued at USD 25.08 Billion in 2023 and the total Engineered Quartz Surface Market revenue is expected to grow at a CAGR of 5.60% from 2024 to 2030, reaching nearly USD 36.72 Billion.Engineered Quartz Surface Market Overview:
Engineered quartz is a man-made product made primarily of natural materials. It's made up of durable and nonporous slabs made up of 90 to 94 percent ground quartz and 6 to 10 percent resins and pigments. Moreover, engineered quartz surfaces have numerous advantages over natural stone, making them very attractive to homebuyers, commercial property owners, and interior designers. Quartz's natural resistance to abrasion, scratches, dents, and even acids, even in its produced form, eliminates the need for sealants.To know about the Research Methodology :- Request Free Sample ReportEngineered Quartz Surface Market Dynamics:
A countertop supports as a work platform for a variety of applications, thus it must be made of long-lasting, heat-resistant, and stain-resistant materials. Scratch and stain proof surfaces have been launched in the engineered quartz countertops market as a result of rising demand for attractive worktops, driving the growth of the engineered quartz surface market in the forecast period. Moreover, quartz countertops that are both durable and attractive are becoming more widely available for commercial and residential uses. These are the key factors driving the growth of Global Engineered Quartz Surface Market in the forecast period. The restraining factors which hampers the growth of the engineered quartz surface market are volatile organic compounds (VOCs) and resin pooling. The main issue with manufactured engineered quartz products is volatile organic compounds, which can be released by the chemical formulation used to make them. One of the most common problems with quartz countertops is resin pooling, which occurs when inconsistencies in the countertop result in large pools of colored resin overlaying the material unevenly, reducing the aesthetic benefits and impacting product demand around the world.Engineered Quartz Surface Market Segment Analysis:
Based on the Product Type, the global engineered quartz surface market is segmented into press molding quartz and casting quartz. The press molding quartz is expected to hold the largest market share of xx% by 2030. Press molding quartz is now the most common type of quartz slab in household and commercial countertop applications due to its versatility and low cost. In a high-vacuum, high-frequency vibration environment, the pressing system creates a consistent pattern on the quartz slabs, giving the quartz various properties such as durability, non-porousness, and high load-bearing capability. Due to this, molded quartz has grown in popularity, becoming the best choice for users looking for countertop solutions. These are the major benefits which drive the growth of press molding quartz in the global engineered quartz surface market in the forecast period. Casting quartz is expected to grow at a slow rate of xx% during the forecast period. Casting quartz slabs are mostly used for aesthetic purposes and interior design, and their limited weight bearing ability limits their usage. Based on the End-User, the global market is segmented into residential, and commercial. The residential segment is expected to grow at a CAGR of xx% during the forecast period. Increased demand for quartz countertops in residential applications has resulted from a change in customer preferences from natural stones to durable and cost-effective quartz surfaces. Changing customer demands for elegant and spacious kitchens, which require larger countertop spaces, are also driving quartz slabs growth in residential applications. These are the major factors which drive the growth of the residential segment.Engineered Quartz Surface Market Regional Insights:
Asia Pacific dominates the Global Market during the forecast period 2024-2030. Asia Pacific is expected to hold the largest market shares of xx% by 2030. The increase in demand for interior design of kitchen and bathroom areas is driving the growth of quartz countertop materials in the Asia Pacific region, as well as increased demand for renovation and refurbishment projects. Moreover, Asia Pacific is a manufacturing hub with a large number of manufacturing plants is also a major benefit which drives the growth of Asia Pacific region in the global market in the forecast period. The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Market dynamic, structure by analyzing the market segments and project the global Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Market make the report investor’s guide.Engineered Quartz Surface Market Scope: Inquire before buying
Global Engineered Quartz Surface Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 25.08 Bn. Forecast Period 2024 to 2030 CAGR: 5.6% Market Size in 2030: US $ 36.72 Bn. Segments Covered: by Product Press Molding Quartz Casting Quartz by Application Flooring Walls Countertops Door Jambs Window Sills Others by End Use Residential Commercial 1.Research Laboratories 2.Retails 3.Hotels/Restaurants 4.Others Engineered Quartz Surface Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Engineered Quartz Surface Market, Key Players are
1. Macostone 2. STRASSER Steine GmbH 3. Cambria 4.Wilsonart LLC. 5. VICOSTONE 6. SodoStone 7. POKARNA LIMITED 8. Cosentino S.A. 9. DuPont de Nemours, Inc. 10. Caesarstone 11.USA Quartz 12. Spectrum Quartz 13.Granite Transformations 14. IceStone LLC 15. Seieffe Corporation (Okite) 16. LG HausysFrequently Asked Questions:
1] What segments are covered in market report? Ans.The segments covered in Engineered Quartz Surface market report are based on product type, Application and end-user. 2] Which region is expected to hold the highest share in the global market? Ans.Asia Pacific is expected to hold the highest share in the global Engineered Quartz Surface market. 3] What is the market size of global market by 2030? Ans. The market size of global Engineered Quartz Surface market by 2030 is US $ 36.72 Bn. 4] Who are the top key players in the global market? Ans. Macostone, Cambria, Vicostone, USA Quartz, and LG Hausys are the top key players in the global Engineered Quartz Surface market. 5] What was the market size of global market in 2023? Ans.The market size of global Engineered Quartz Surface market in 2023 was US $ 25.08 Bn.
1. Global Engineered Quartz Surface Market: Research Methodology 2. Global Engineered Quartz Surface Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Engineered Quartz Surface Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Engineered Quartz Surface Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Engineered Quartz Surface Market Segmentation 4.1 Global Engineered Quartz Surface Market, by Product (2022-2029) • Press Molding Quartz • Casting Quartz 4.2 Global Engineered Quartz Surface Market, by Application (2022-2029) • Flooring • Walls • Countertops • Door Jambs • Window Sills • Others 4.3 Global Engineered Quartz Surface Market, by End User (2022-2029) • Residential • Commercial 1.Research Laboratories 2.Retails 3.Hotels/Restaurants 4.Others 5. North America Engineered Quartz Surface Market(2022-2029) 5.1 North America Engineered Quartz Surface Market, by Product (2022-2029) • Press Molding Quartz • Casting Quartz 5.2 North America Engineered Quartz Surface Market, by Application (2022-2029) • Flooring • Walls • Countertops • Door Jambs • Window Sills • Others 5.3 North America Engineered Quartz Surface Market, by End User (2022-2029) • Residential • Commercial 1.Research Laboratories 2.Retails 3.Hotels/Restaurants 4.Others 5.4 North America Engineered Quartz Surface Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Engineered Quartz Surface Market (2022-2029) 6.1. European Engineered Quartz Surface Market, by Product (2022-2029) 6.2. European Engineered Quartz Surface Market, by Application (2022-2029) 6.3. European Engineered Quartz Surface Market, by End User (2022-2029) 6.4. European Engineered Quartz Surface Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Engineered Quartz Surface Market (2022-2029) 7.1. Asia Pacific Engineered Quartz Surface Market, by Product (2022-2029) 7.2. Asia Pacific Engineered Quartz Surface Market, by Application (2022-2029) 7.3. Asia Pacific Engineered Quartz Surface Market, by End User (2022-2029) 7.4. Asia Pacific Engineered Quartz Surface Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Engineered Quartz Surface Market (2022-2029) 8.1 Middle East and Africa Engineered Quartz Surface Market, by Product (2022-2029) 8.2. Middle East and Africa Engineered Quartz Surface Market, by Application (2022-2029) 8.3. Middle East and Africa Engineered Quartz Surface Market, by End User (2022-2029) 8.4. Middle East and Africa Engineered Quartz Surface Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Engineered Quartz Surface Market (2022-2029) 9.1. South America Engineered Quartz Surface Market, by Product (2022-2029) 9.2. South America Engineered Quartz Surface Market, by Application (2022-2029) 9.3. South America Engineered Quartz Surface Market, by End User (2022-2029) 9.4 South America Engineered Quartz Surface Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Macostone 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 STRASSER Steine GmbH 10.3 Cambria 10.4 Wilsonart LLC. 10.5 VICOSTONE 10.6 SodoStone 10.7 POKARNA LIMITED 10.8 Cosentino S.A. 10.9 DuPont de Nemours, Inc. 10.10 Caesarstone 10.11 USA Quartz 10.12 Spectrum Quartz 10.13 Granite Transformations 10.14 IceStone LLC 10.15 Seieffe Corporation (Okite) 10.16 LG Hausys 10.15 Company15