Engineered quartz is a manmade product that is created mainly from natural materials. Engineered quartz is made 90% to 94% from ground quartz and 6% - 10% colors and resins that are combined into long-lasting and nonporous slabs. This type of engineered quartz is organically resistant to scratches, abrasion, dents, and even acids without the need for sealants. The environmental impact of manmade quartz is low hence, the product is very long lasting.
MARKET DYNAMICS
The engineered quartz market has witnessed significant growth due to the growing construction of residential housing units combined with demand from remodeling activities. Moreover, growing demand for countertops provides a huge market opportunity for the key players operating in the engineered quartz market. However, volatile prices are projected to hamper the overall growth of the engineered quartz market in the forecast period.
MARKET SCOPE
The "Global Engineered Quartz Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the engineered quartz market with detailed market segmentation type, application, and geography. The global engineered quartz market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading engineered quartz market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global engineered quartz market is segmented on the basis of type and application. On the basis of type, the global engineered quartz market is divided into countertops, flooring, wall, and others. On the basis of application, the global engineered quartz market is divided into residential and commercial
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global engineered quartz market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The engineered quartz market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the engineered quartz market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the engineered quartz market in these regions.
MARKET PLAYERS
The reports cover key developments in the engineered quartz market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from engineered quartz market is anticipated to lucrative growth opportunities in the future with the rising demand for engineered quartz in the global market. Below mentioned is the list of few companies engaged in the engineered quartz market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the engineered quartz market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Baba Quartz
- Caesarstone Ltd.
- HanStone (Hyundai L&C Co., Ltd.)
- Johnson Marble & Quartz
- M S International, Inc.
- NhatHuy Group
- Palash Internationals
- Pokarna Limited
- Silestone (Cosentino S.A.)
- sodostone.com
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.