November 05, 2019
According to the latest study titled ‘Global Engineered Quartz (E-Quartz) Surface Market (Value, Volume): Analysis By Sector (Residential, Commercial), Application (Countertop, Vanity top, Wall Panel, Floor Tile), By Size, By Thickness, By Sales Channel (2019 Edition): Opportunities and Forecast (2014-2024)-- By Region (N. America, Europe, APAC, ROW), By Country (US, Canada, Mexico, Brazil, UK, Germany, France, Italy, China, Japan, India, Singapore)’ available with Market Study Report LLC, the global engineered quartz surface market is estimated to grow with a CAGR of 11.95% through 2024.
Engineered quartz is the most favored choice among consumers and designers in the construction domain. The increased usage of this product in remodeling projects and the massive rebound in new building construction are slated to drive engineered quartz surface market trends. Lately, a shift in the construction product mix has been observed – from laminates to higher priced substitutes, that will also drive the demand for engineered quartz.
Furthermore, increasing application of engineered quartz in kitchens, increasing product penetration across several regions in tandem with the availability of a large variety of colors and designs will fuel the industry outlook.
The study encompasses details about segmental shares and expansion strategies adopted by manufacturers, alongside the drivers, trends, and restraints impacting the market growth.
Based on product type, the engineered quartz surface market is segmented into commercial and residential. While based on application, the industry is divided into countertop, vanity top, wall panel, floor tile, and other surfaces. Speaking of size landscape of this industry, the engineered quartz market is split into 120*56.5 inches and 130*65 inches. Based on thickness, the industry is segmented into 0.5-inch, 0.75 inch and 1.25 inch whereas sales channel of engineered quartz surface market is bifurcated into distributors and direct sales.
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Considering the geographical landscape, the engineered quartz surface market is fragmented into regions including Europe, North America, Asia Pacific, and rest of world, with key focus on countries like, Canada, US, Brazil, Mexico, UK, France, Germany, China, Italy, Japan, Singapore, and India.
The key players of engineered quartz surface market are Pokarna Ltd., Caesarstone, Cosentino, Hanwa, LG Hausys, Lotte Advanced Materials, Cambria, Foshan Yixin Stone Co.Ltd., and Vicostone.
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