The Business Research Company’s report on the Engineered Stone Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the engineered stone industry?
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. For instance, in February 2024, according to Eurostat, a Europe-based government agency, the average annual building production in the EU and the euro region increased by 0.1% and 0.2%, respectively, compared to 2022. Therefore, the high growth in the construction industry is driving the growth of the engineered stone market.
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Engineered Stone Market Report 2025
What is the estimated market size of the engineered stone sector by 2029, based on current forecasts?
The engineered stone market size has grown strongly in recent years. It will grow from $27.64 billion in 2024 to $29.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to a low-interest rate environment, rising single-family constructions, growing demand for energy-efficient materials, strong economic growth in emerging markets, and growth in the world population.
The engineered stone market size is expected to see steady growth in the next few years. It will grow to $35.47 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing infrastructure development, rapid industrialization, government focus towards construction, and increasing focus towards sustainability. Major trends in the forecast period include manufacturing and development of engineered stone from recycled materials, leveraging hybrid print technology to advance surface aesthetics, focusing on the development of luxurious stone surfaces and accessories, introducing engineered stone that is free of PVC (polyvinyl chloride) and plasticizers and introducing engineered stone which is easy to install.
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Engineered Stone Market Report 2025
Who are the top players in the engineered stone market?
Major companies operating in the engineered stone market include LX Hausys, Ltd, Cosentino S.A., Caesarstone Ltd, Vicostone Jsc, Wilsonart LLC, Quarella Group Ltd, Quartzforms, Diresco, Granite & Marble Specialties, Leko Stone Co., Ltd, De Well Group Korea Co., Ltd, Stone Ambassador, Ydl Stone, Australian Stone, Gitani Stone Australia, Ramolia Ceramic, Mystic Stone Private Limited, Aakar Granites, Taanj, Kalingastone, Quantra, Guangzhou Hercules Quartz Stone Co., Ltd, Shandong Lylongsen Material Co., Ltd, Foshan Strong Quartz Co., Ltd, Yunfu Wayon Stone Co., Ltd, Viva Quartz Stone, Santa Margherita Spa, Johnson Marble & Quartz, Technistone A.S, Astrit.A. World-Wide, Belenco, Gransena, Exotic Stones, Granos, Alicante, Magban, Thor Granitos, Magnitos, Top Marmore, Laka Granite, Patagonia Stone S.A, Granito Serrano S.A, Matavelli, Mina Marbles, Glaze Granite & Marble, Prestige Stone Llc, Grani Marmo Classic, Jama Marble & Granite, Marble Homes
What are the major trends in the engineered stone market?
Major companies in the engineered stone market are focusing on sustainable manufacturing practices and innovative designs to offer consumers a wide variety of aesthetically pleasing, high-performance surfaces that enhance residential and commercial spaces. Diverse design applications are the versatile use of new aesthetics in various settings, including residential, commercial, and hospitality environments, allowing for a wide range of creative and functional interior design solutions. For instance, in April 2024, Corian, a US-based solid surface material company, launched its 2024 aesthetics for Corian Quartz, featuring new collections inspired by natural stone and quartzite, including the Quartzite Collection, Iconic Stone Collection, and Elegant Neutrals Collection. These new designs incorporate unique veining patterns and colours that aim to seamlessly integrate the beauty of nature into both residential and commercial spaces.
Which geography holds the highest engineered stone market share?
Asia-Pacific was the largest region in the engineered stone market in 2024. The regions covered in the engineered stone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Engineered Stone Market Report 2025
How do different segments contribute to the overall expansion of the engineered stone market?
The engineered stone market covered in this report is segmented –
1) By Type: Tiles And Blocks, Slabs
2) By Process: Cold Curing, Hot Curing
3) By Application: Countertops, Flooring, Wall, Facades, Others
Subsegments:
1) By Tiles And Blocks: Engineered Stone Tiles, Engineered Stone Blocks
2) By Slabs: Thin Slabs, Standard Thickness Slabs
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Engineered Stone Market Report 2025
How is the engineered stone market defined?
The engineered stone refers to a composite slab of stone that is prepared from 90% crushed quartz and that is bound together utilizing a polymer resin, and the rest of the 10% is prepared with extra materials such as metals, mirrors, or colored glass that are mixed in for aesthetic reasons. Engineered stone is utilized anywhere that slab stones such as marble or granite are used, but a majority of customers and industries utilize engineered stone for their kitchen and bathroom countertops.
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