Global Engineered Marble Market By Product Type (Solid Surface v/s Engineered Quartz Stone), By Thickness (10-12mm, 12-15mm, 15-18mm, Above 18mm), By Mode of Application (Interior v/s Exterior), By Distribution Channel (Store-based v/s Non-store-based), By Application (Kitchen Countertops, Facades, Flooring, Bathroom, Others), By End User (Commercial, Residential, Industrial), By Region, Forecast & Opportunities, 2025
Global engineered marble market is expected to grow at a steady rate during the forecast period. The global engineered marble market is driven by the booming construction industry. Additionally, engineered marble is tough, resistant to stains, available in wide range of shapes, sizes & color, cost effective, among others. These properties are increasing the demand for engineered marble, thereby expected to propel the market through 2025.
The global engineered marble market is segmented based on product type, thickness, mode of application, distribution channel, application, end user, company and region. Based on mode of application, the market can be bifurcated into interior and exterior. The interior segment is expected to hold a significant market share owing to the increasing use of engineered marble in kitchen countertops, floorings, bathrooms, among others.
Regionally, the engineered marble market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific region dominates the overall engineered marble market owing to the increasing demand from various end user industries such as electronics, building & construction, among others.
Major players operating in the global engineered marble market include Falat Sang Asia Co, Grupo Cosentino, E. I. du Pont de Nemours and Company, Compac marble, Caesarstone Ltd, Hanwha L&C Corporation, LG Hausys Ltd., Herman Tile & Marble, Johnson Marble & Quartz, RK Marble and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
To analyze and forecast the market size of global engineered marble market.
To classify and forecast global engineered marble market based on product type, thickness, mode of application, distribution channel, application, end user industry, company and regional distribution.
To identify drivers and challenges for global engineered marble market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global engineered marble market.
To conduct pricing analysis for global engineered marble market.
To identify and analyze the profile of leading players operating in global engineered marble market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global engineered marble market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Engineered marble manufacturers, suppliers, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to engineered marble
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global engineered marble market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Product Type:
Engineered Quartz Stone
Market, By Thickness:
Market, By Mode of Application:
Market, By Distribution Channel:
Market, By Application:
Market, By End User Industry:
Market, By Region:
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global engineered marble market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.
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