Engineered Quartz Market

Global Engineered Quartz Market – Introduction                         

Quartz is a premium material and the finished product such as engineered quartz is non-allergenic and non-toxic, and lasts a lifetime, decreasing the need for replacement. Engineered quartz is a manmade product which is created commonly from natural materials. Engineered quartz is made 90% - 94% from ground quartz and 6% - 10% colors and resins that are combined into long-lasting and nonporous slabs. This type of engineered quartz are organically resistant to scratches, abrasion, dents, and even acids without the need for sealants. The environmental impact of manmade quartz is low therefore, the product is very long lasting.

Global Engineered Quartz Market – Competition Landscape

Caesarstone Ltd.

Founded in 1987, Caesarstone Ltd. is headquartered in Charlotte, North Carolina, U.S. The company is engaged in designing, manufacturing, and offering engineered quartz surfaces. These quartz surfaces are used for vanity tops, kitchen countertops, wall cladding, flooring, and general interior design. The company operates in more than 50 countries around the globe. The company has its distribution centers across the Midwest, New England, New York, North Texas, South Texas, Northern California, Northwest, Southeast, and Southern California.

Silestone (Cosentino S.A.)

Incorporated in 1979, Silestone (Cosentino S.A.) is based in Coral Gables, Florida, U.S. The company specializes in quartz surfaces. The company designs, produces, and distributes surfaces for bathrooms and kitchens worktops, and offers cladding and other related products. The company also offers granite and marble products. Silestone is a well-known brand of Cosentino S.A. 

Corian (DuPont de Nemours, Inc.)

Based in Munich, Germany, DuPont de Nemours, Inc. has experience of more than 200 years in manufacturing and distributing chemical products. Corian is a brand of solid surface material created by DuPont. Its primary use is as a countertop/benchtop surface. The company has a presence in more than 90 countries all across the world.

Major companies operating in the global engineered quartz market are Palash Internationals, sodostone.com, NhatHuy Group, M S International, Inc., Baba Quartz, Johnson Marble & Quartz, HanStone (Hyundai L&C Co., Ltd.), Pokarna Limited, Silestone (Cosentino S.A.), Caesarstone Ltd., Cambria, Stone Source LLC, LG Viatera (LG Hausys America, Inc.), Corian (DuPont de Nemours, Inc.), and Alicante Quartz.

Global Engineered Quartz Market – driver

Growing Demand for Countertops Driving the Market

The engineered quartz countertops market is projected to show higher growth rate during the forecast period. Increasing demand from the residential sector, mushrooming construction activities in emerging regions, and rising construction of residential housing units combined with demand from remodeling activities is projected to push the growth of the engineered quartz market in the near future. Moreover, strong preference of superior engineered quart materials due to rising standard of living around the globe is projected to increase the demand for engineered quartz market during forecast year.

Global Engineered Quartz Market – Segmentation

The global engineered quartz market can be segmented based on:

• Type
• Application
• Region

Global Engineered Quartz Market, by Type

In terms of type, the global engineered quartz market can be divided into:

• Countertops
• Flooring
• Wall
• Others

Global Engineered Quartz Market, by Application

In terms of application, the global engineered quartz market can be segregated into:

• Residential
• Commercial

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.