- March 24, 2021
- Category: Building and Construction, Other Industry Reports
Global Engineered Stone Market Size study, by Product Type (Tiles, Blocks and Slabs), Application (Countertops, Flooring, Others) and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Engineered Stone Market, by Region, 2019-2027 (USD Billion) 1.2.2. Engineered Stone Market, by Product Type, 2019-2027 (USD Billion) 1.2.3. Engineered Stone Market, by Application, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Engineered Stone Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Engineered Stone Market Dynamics 3.1. Engineered Stone Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 126.96.36.199. Government investment in infrastructure 188.8.131.52. Growing construction industry 3.1.2. Market Challenges 184.108.40.206. Materials are not UV stable 3.1.3. Market Opportunities 220.127.116.11. Recyclable engineered stone products Chapter 4. Global Engineered Stone Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Engineered Stone Market, by Product Type 5.1. Market Snapshot 5.2. Global Engineered Stone Market by Product Type, Performance - Potential Analysis 5.3. Global Engineered Stone Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion) 5.4. Engineered Stone Market, Sub Segment Analysis 5.4.1. Tiles 5.4.2. Blocks and Slabs Chapter 6. Global Engineered Stone Market, by Application 6.1. Market Snapshot 6.2. Global Engineered Stone Market by Application, Performance - Potential Analysis 6.3. Global Engineered Stone Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 6.4. Engineered Stone Market, Sub Segment Analysis 6.4.1. Countertops 6.4.2. Flooring 6.4.3. Others Chapter 7. Global Engineered Stone Market, Regional Analysis 7.1. Engineered Stone Market, Regional Market Snapshot 7.2. North America Engineered Stone Market 7.2.1. U.S. Engineered Stone Market 18.104.22.168. Product Type breakdown estimates & forecasts, 2018-2027 22.214.171.124. Application breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Engineered Stone Market 7.3. Europe Engineered Stone Market Snapshot 7.3.1. U.K. Engineered Stone Market 7.3.2. Germany Engineered Stone Market 7.3.3. France Engineered Stone Market 7.3.4. Spain Engineered Stone Market 7.3.5. Italy Engineered Stone Market 7.3.6. Rest of Europe Engineered Stone Market 7.4. Asia-Pacific Engineered Stone Market Snapshot 7.4.1. China Engineered Stone Market 7.4.2. India Engineered Stone Market 7.4.3. Japan Engineered Stone Market 7.4.4. Australia Engineered Stone Market 7.4.5. South Korea Engineered Stone Market 7.4.6. Rest of Asia Pacific Engineered Stone Market 7.5. Latin America Engineered Stone Market Snapshot 7.5.1. Brazil Engineered Stone Market 7.5.2. Mexico Engineered Stone Market 7.6. Rest of The World Engineered Stone Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Breton S.p.A. 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 8.2.2. Johnson Marble & Quartz 8.2.3. Quartzforms 8.2.4. Stone Italiana S.p.A. 8.2.5. Cosentino S.A. 8.2.6. VICOSTONE 8.2.7. Technistone a.s. 8.2.8. LG Hausys 8.2.9. Diresco 8.2.10. Pokarna Limited Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Engineered Stone Market is valued approximately USD 21.74 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.0 % over the forecast period 2021-2027. Engineered stone is a composite material made by binding crushed stone with adhesive such as polymeric resin or cement mixture. Also, the engineered stone is used in kitchen countertops, walls, and flooring applications. Its environment friendly properties, increasing awareness for environmental concern, government investment in infrastructure and growing construction industry has led the adoption of engineered stone across the forecast period. It is an environment friendly material as 94% of its content includes crushed waste stone left in quarries or from natural stone beds which allows the consumer to use it widely. For instance: as per the IBEF (India Brand Equity Foundation), India plans to spend US$ 1.4 trillion on infrastructure during 2019-23 to have a sustainable development of the country, UK invested £12bn to invest in green infrastructure. However, materials are not UV stable leading to discoloration, and some materials are not heat resistant which impedes the growth of the market over the forecast period of 2021-2027. Also, recyclable engineered stone products and bonding agents that are inert leads the adoption & demand for Engineered Stone which is likely to increase the market growth during the forecast period.
The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are considered in the geographical study of the global Engineered Stone market North America is the leading region across the world as rising market share due to growing emphasis on utilizing recyclable and green construction materials are likely to propel the demand for engineered stone in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising disposable income, increasing urbanization, changing economic status would create lucrative growth prospects for the Engineered Stone market across Asia-Pacific region.
Major market player included in this report are:
Johnson Marble & Quartz
Stone Italiana S.p.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Blocks and Slabs
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Engineered Stone Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers