Engineered Marble Market is expected to grow at a robust CAGR
Global
Engineered Marble Market is expected to grow owing to easy to clean and
maintain, requiring minimal effort and resources to keep it looking pristine
throughout the forecast period.
According
to TechSci Research report, “Engineered
Marble Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, the Global Engineered Marble Market is
expected to register robust growth during the forecast period. Engineered marble provides a more
affordable alternative to natural stone materials while delivering a similar
aesthetic experience. This cost-effectiveness makes it an attractive option for
both residential and commercial projects, particularly in situations where budget
constraints are a consideration.
As
environmental awareness grows, there is a rising demand for sustainable and
eco-friendly construction materials. Engineered marble manufacturers have an
opportunity to invest in more sustainable practices, including using recycled
materials and eco-friendly resins, to cater to environmentally conscious
consumers and businesses.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global
Engineered Marble Market."
Based
on product type, the
Engineered Quartz Stone segment is expected to dominate the market during the
forecast period. Engineered quartz stone offers several advantages that make it
a popular choice in the market. Engineered quartz offers consistent color and
pattern throughout the material, eliminating the need to select slabs for color
matching. It comes in a wide range of colors, patterns, and finishes, offering
design flexibility for various applications. In some cases, engineered quartz
is used for flooring in residential and commercial spaces, particularly in
areas with high foot traffic. Its versatility extends to wall cladding
applications, where it adds a touch of elegance and practicality. Engineered
quartz is frequently chosen for commercial spaces like restaurants, hotels, and
retail stores, where it offers a combination of style and performance.
Continuous improvements in manufacturing processes and technologies have led to
enhanced quality and design possibilities in engineered quartz products. Some
manufacturers are making efforts to incorporate recycled materials and reduce
the environmental impact of production, aligning with sustainability trends.
Engineered quartz stone's popularity is not limited to a specific region; it
has gained recognition in various international markets. In conclusion, the
Engineered Quartz Stone segment in the global engineered marble market is
characterized by its durability, low maintenance requirements, design
versatility, and strong demand from both residential and commercial sectors.
The combination of these factors is expected to drive the continued growth of
this segment in the years to come.
Based
on end user, the Commercial segment is projected to dominate the market
throughout the forecast period. Engineered marble can be customized to meet
specific design requirements, allowing for unique applications tailored to
individual commercial projects. The availability of large-format slabs reduces
the number of seams in installations, providing a seamless and luxurious
appearance, which is particularly desirable for large-scale commercial
projects. Engineered marble offers consistent color and pattern throughout the
material, eliminating the need to select slabs for color matching. This
consistency is highly valued in commercial applications where uniformity is
essential for design continuity. Commercial spaces often require engineered
marble for various applications, including countertops, flooring, wall
cladding, and even furniture. Engineered marble's versatility makes it an
all-encompassing solution that can be utilized across multiple areas of a
commercial property. Some manufacturers in the engineered marble industry are
adopting more sustainable practices by incorporating recycled materials and
eco-friendly resins in their production processes. This aligns with the growing
sustainability trend and the preferences of environmentally conscious commercial
customers. In conclusion, the commercial segment of the global engineered
marble market is driven by its aesthetic appeal, durability, low maintenance
requirements, and design flexibility. These factors make engineered marble a
preferred choice for creating inviting and sophisticated commercial
environments in hotels, restaurants, retail spaces, offices, and public
buildings. As long as commercial spaces continue to prioritize aesthetics and
functionality, the demand for engineered marble in this segment is expected to
remain strong and continue to grow.
Key
market players in the Global Engineered Marble Market are:
- DuPont
(The Chemours Company)
- Caesarstone
- Cosentino
Group
- Cambria
- LG
Hausys
- MSI
(M S International, Inc.)
- Wilsonart
- Compac
- Vicostone
- Hanwha
L&C
Download Free Sample Report
Customers can also request
for 10% free customization on this report.
“The
Global Engineered Marble Market in Asia Pacific is poised to be the dominant
force in the industry. The ongoing urbanization in the Asia-Pacific region,
with the development of new cities and expansion of existing urban areas, has
resulted in an increased demand for construction materials. Engineered marble
is utilized in various infrastructure and interior projects within these urban
centers, contributing to market growth.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“Engineered
Marble Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028
Segmented
By Product Type (Solid Surface and Engineered Quartz Stone), By Thickness
(10-12mm, 12-15mm, 15-18mm and Above 18mm), By Distribution Channel (Store and
Non-Store), By End User (Commercial, Residential and Industrial), By Region,
and By Competition,”
has evaluated the future growth potential of Global Engineered Marble Market
and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Engineered Marble
Market.
Contact Us-
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com