Engineered Quartz Surface Market to undergo a CAGR of 8.65%, size, business opportunities

Quartz refers to a premium material and the finished product including non-allergenic and non-toxic, which lasts a lifetime and decreases the need for replacement. It is considered manmade product that is obtained from natural materials. The product is made 90% - 94% from ground quartz and 6% - 10% colors. Resins are combined into long-lasting and nonporous slabs. The engineered quartz is organically resistant to scratches, abrasion, dents, and even acids with no requirement for sealants.

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The rise in the number of mushrooming construction activities in emerging nations, acts as one of the major factors driving the growth of global engineered quartz surface market. The rise in demand for countertop utilized as a work platform for several applications which needs to be constructed with heat-resistant, durable and stain-proof materials and the growth of fabrication and construction industry accelerate the engineered quartz surface market growth.

Data Bridge Market Research analyses that the global engineered quartz surface market which was USD 23.45 billion in 2022, is expected to reach USD 45.54 billion by 2030, and is expected to undergo a CAGR of 8.65% during the forecast period of 2023 to 2030.  "Residential" dominates the end-user segment of the engineered quartz surface market due to the increasing demand for countertops, flooring, and wall cladding in residential buildings. Engineered quartz surfaces offer a combination of aesthetic appeal, durability, and low maintenance, making them popular choices for homeowners.

Opportunities

Rapidly evolving interior design trends and preferences

The interior design industry constantly evolves with changing trends and preferences. Engineered quartz surfaces provide designers and architects with a versatile material that can be customized to meet specific design requirements. The availability of a wide range of colors, patterns, and finishes allows for creativity and flexibility in design projects, enabling the incorporation of engineered quartz surfaces into various interior design styles and themes.

Some of the major players operating in the global engineered quartz surface market are:

DuPont (U.S.)

Macostone Co., Ltd. (China)

STRASSER Steine GmbH (Austria)

CAMBRIA (U.S.)

Wilsonart LLC (U.S.)

VICOSTONE (Vietnam)

sodostone (China)

Pokarna Limited (India)

Product Type

Press Molding Quartz

Casting Quartz

End-User

Residential

Commercial

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