Engineered Stone Market to Reach $35.1 billion by 2031, Trends Driving Factors | Report 2031

An engineered stone is also known by the term of agglomerated stone that are made of resin binder, quartz, quartzite, colors and additive

WILMINGTON, , DE, UNITED STATES, February 5, 2025 /EINPresswire.com/ -- he global engineered stone market amassed revenue of $21.1 billion in 2021, and is expected to hit $35.1 billion by 2031, registering a CAGR of 5.3% from 2022 to 2031. The market research study provides a detailed analysis of changing industry trends, top-most segments, value chain analysis, key investment business scenarios, regional space, and competitive space. The study is a key information source for giant players, entrepreneurs, shareholders, and owners in generating new strategies for the future and taking steps to enhance their market position. The report displays an in-depth quantitative analysis of the market from 2022 to 2031 and guides investors in allocating funds to the rapidly evolving industry.

Engineered stone, also known as engineered quartz, is a composite stone used in the production of kitchen countertops instead of traditional stone. The difference between engineered stone and terrazzo is that engineered stone is manufactured on-site. Terrazzo, on the other hand, is manufactured in slabs. One of the benefits of engineered stone is its ability to provide the same durability and aesthetic appeal as natural stone, but at a much lower price because it’s not just one piece of stone shaped and polished.

The finished product is a mixture of a polymer resin and crushed stone that hardens and forms the surface texture. Engineered Stone has all the characteristics of solid stone, including fire resistance and hardness, but it is lighter and less dense.

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Characteristics of engineered stone:

Durability:
Engineered stone is renowned for its durability and resistance to chips, scratches, and stains, making it an ideal choice for use in areas that experience a significant amount of daily use.

Low maintenance:
Engineered stone doesn’t need to be sealed or maintained in the same way as natural stone. It’s nonporous, which means it can resist bacteria and mold. Simply it can be wiped with a gentle detergent and some water for easy maintenance.

Heat and chemical resistance:

Engineered stone is super heat-resistant, so it's great for kitchens where hot pans and pots may contact the surface. Additionally, it is resistant to chemical spills, so it is not necessary to worry about it getting ruined by spills in the house.

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Consistency:
Engineered stone is produced in a precision-controlled manner, guaranteeing uniformity in hue and texture. This makes it easier to match the pieces and achieve a harmonious appearance of the space.

Environmentally friendly:
Engineered stone products are typically made with a high proportion of natural quartz, in combination with resins and pigments, thus providing a more sustainable and environmentally friendly option than natural stone.

Based on region, the Asia-Pacific contributed toward the highest market share in 2021, accounting for around two-fifths of the global engineered stone market share. Moreover, the region is also set to contribute majorly toward the global market share in 2031. Furthermore, the Asia-Pacific engineered stone market is predicted to register the highest CAGR of 6.2% during the forecast period. The research also analyzes regions including North America, LAMEA, and Europe.

Key participants in the global engineered stone market examined in the research include A.St.A. WORLD-WIDE, Topzstone, Belenco, Caesarstone Ltd., Stone Italiana S.P.A., Cosentino S.A., Granite & Marble Specialties, H & R Johnson, Technistone s.r.o, LX Hausys, SantaMargherita, Q.R.B.G. s.r.l., Quartzforms, Silestone, and VICOSTONE. Other players operating in the engineered stone market are Diresco, RMS, and Viatera USA.

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David Correa
Allied Market Research
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