Engineered Stone Global Market Report 2022

August 09, 2022 from Research and Markets

The global engineered stone market is expected to grow from $20.20 billion in 2021 to $21.67 billion in 2022 at a compound annual growth rate (CAGR) of 7.30%. The market is expected to reach $29.92 billion in 2026 at a CAGR of 8.40%.

Major players in the engineered stone market are LG Hausys, Johnson Marble & Quartz, Technistone A.S., Caesarstone Ltd., Belenco, Quarella Group Ltd, Quartzforms, Stone Italiana S.p.A, VICOSTONE, Diresco, Viatera, Santa Margherita Spa, Silestone, Tchnistone, and Topzstone.

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Engineered Stone Global Market Report 2022

Markets Covered:
1) By Type: Tiles and Blocks; Slabs
2) By Process: Cold Curing; Hot Curing
3) By Application: Kitchen Countertops; Bathroom Countertops; Flooring; Facades; Walls

The high growth in the construction industry is expected to propel the growth of the engineered stone market. Engineered stones are widely used in the construction of residential projects for kitchen countertops, floors, façade tiles, and other architectural applications. The added benefits of engineered stone, such as bacteria-resistant nature, scratch-resistant nature, and heat resistance, make them an ideal choice for residential and commercial construction projects. The rapid surge in the construction of commercial and residential projects is expected to boost the usage of engineered stones during the forecast period.

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