Engineered Stone Market 2020 Top Manufactures Analysis, Size, Share, Trends and Forecast to 2026
Report Title: Global Engineered Stone Market Research Report 2020
The Engineered Stone Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Engineered Stone by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
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Scope of the Engineered Stone Market Report:
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.
Market Analysis and Insights: Global Engineered Stone Market
The global Engineered Stone market is valued at 1391.6 million USD in 2020 is expected to reach 2893.6 million USD by the end of 2026, growing at a CAGR of 10.9% during 2021-2026.
Global Engineered Stone Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market bette
In this study, 2019 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the market size for Engineered Stone. This report researches the worldwide Engineered Stone market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
Engineered Stone Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
- Remodeling
- New Construction
Market Segment by Applications considering Consumption Growth Rate and Market Share:
- Kitchen Countertops
- Facades
- Flooring
- Others
Major Key Players of Engineered Stone Market Report:
- Zhongxun
- Sinostone
- Bitto(Dongguan)
- OVERLAND
- UVIISTONE
- Polystone
- Meyate
- Gelandi
- Blue Sea Quartz
- Baoliya
- Qianyun
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Further in the Engineered Stone Market research reports, following points are included along with in-depth study of each point:
- Production Analysis– Production of the Engineered Stone is analyzed with respect to different regions, types and applications. Here, price analysis of various Engineered Stone Market key players is also covered.
- Supply and Consumption– In continuation with sales, this section studies supply and consumption for the Engineered Stone Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.
- Key Strategic Developments– The study also includes the key strategic developments of the Engineered Stone market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a global and regional scale.
Engineered Stone Market Report Includes:
- Industry Trends:Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
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Table of Contents
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America Engineered Stone Market by Countries
7 Europe Engineered Stone Market by Countries
8 Asia Pacific Engineered Stone Market by Countries
9 Central & South America Engineered Stone Market by Countries
10 Middle East and Africa Engineered Stone Market by Countries
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis and many more
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