Global Engineered Quartz Market Factbook (2022 Edition): World Market Review By Product Type, Application, and End User (2018-2028)


Posted December 7, 2022 by Derrick_Samson

Global Engineered Quartz Market Factbook (2022 Edition) with impact of COVID-19

 
The global construction industry is likely to witness huge growth post the pandemic as engineered stones can be utilized in a vast array of applications, thereby boosting global market growth and demand. However, man-made stones are susceptible to discoloration by chemical products, cleaning chemicals, acids, and other substances. In contrast, a stone known as Stonemark retains its stainless surface after exposure to chemicals, oil, cleaning solutions, etc. This stone is infused with a water-based stain-resistant solution to serve as a replacement. This acts as a restraint on the market for manufactured stone.

Engineered quartz is a highly favored engineered stone for constructing various cabinetry solutions due to its increased pressure resistance. Engineered quartz surfaces have greater durability and weight-bearing capacity than other materials, ensuring their reliability with customers and manufacturers. In the global construction and fabrication industry, the use of aesthetically pleasing building materials is increasing.
Due to cultural ethics and norms, manufacturers in the Asia Pacific, the Middle East, and Europe are prioritizing the delivery of aesthetically pleasing quartz surfaces, thereby expanding their regional customer base.

The Covid-19 pandemic has had a negative impact on the global market for engineered stone due to the postponement of infrastructure projects and the suspension of logistics and other operations, such as processing facilities, quarrying, and administrative work. In addition, governments across the globe imposed strict lockdowns and travel restrictions in an effort to contain the spread of the coronavirus. This resulted in a decrease in labor force and the closure of numerous engineered stone manufacturing facilities. In addition, companies were unable to meet rising construction demand due to import-export restrictions, resulting in a decline in the demand for engineered stones and a decline in market revenue.

The flooring subsegment of the global engineered stone market will tend to hold the largest market share of engineered quartz due to the increased beauty, durability, and property value of engineered stones. Engineered marble stone and Caesarstone are typically the most popular engineered stones used for flooring in both residential and commercial settings. These factors are anticipated to drive the growth of the subsegment over the forecast period.

The Azoth Analytics research report titled ‘Global Engineered Quartz Market Factbook (2022 Edition)’ has been analyzed By Product Type (Slabs and Blocks, Tiles), By Application (Countertops, Flooring), By End User (Residential, Offices, Hotels, Others). The Global Engineered Quartz Market has been analyzed By Region (Americas, Europe, APAC, MEA) and By Country (United States, Canada, Brazil, Germany, Italy, U.K, France, Spain, Benelux, China, Japan, India, South Korea, Indonesia, Thailand, Australia, New Zealand, GCC, Israel, North Africa, South Africa). The market has been assessed for the historical period of 2018-2021 and the forecast period of 2023-2028. The companies profiled in the report include Caeserstone, Cosentino, DuPont, Prism Johnson, Pokarna, Lx Hausys, Wilsonart, Belenco, Quartzforms, Stone Italiana.

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https://www.azothanalytics.com/report/manufacturing-and-construction/global-engineered-quartz-market-factbook-2022-edition-world-market-review-trends-and-forecast-analysis-till-2028-by-product-type-application-end-user-by-region-by-country

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Contact Email [email protected]
Issued By Derrick Samson
Phone +1 832 495 4885
Business Address 1321 Upland Dr. PMB 15832, Houston, Texas, 77043, US
Country United States
Categories Architecture , Construction
Tags engineered quartz , architecture , building , market report
Last Updated December 7, 2022