Global Engineered Quartz Stone (EQS) Market Size to Exceed USD 27.48 Billion by 2033: Market Statistics Report

Global Engineered Quartz Stone (EQS) Market Size to Exceed USD 27.48 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Engineered Quartz Stone (EQS) Market Size is Expected to Grow from USD 10.25 Billion in 2023 to USD 27.48 Billion by 2033, at a CAGR of 10.36% during the forecast period 2023-2033.     

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Engineered Quartz Stone (EQS) Market Size, Share, and COVID-19 Impact Analysis, By Type (Quartz Tile, Quartz Surface, and Others), By Application (Commercial Quartz and Residential Quartz), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Engineered quartz stone (EQS) is a cost-effective and common countertop material made from either polished natural quartz slabs or engineered quartz composites. It is made from 93-97% ground quartz, resins, binders, and pigments, and is used in kitchens, bathrooms, and other industries, making it a popular choice for countertops. Engineered quartz stone is a popular choice for kitchen and bathroom countertops, flooring, and wall cladding due to its high durability and resistance to scratches, heat, and staining. Available in various colors, patterns, and finishes, it can be customized and is easy to clean and maintain. However, engineered quartz stone faces competition from natural stone, ceramics, and laminates, with some consumers preferring their aesthetics or affordability. However, concerns about environmental impact and the use of energy-intensive machinery raise environmental concerns. Despite being low-maintenance, it requires maintenance.

The quartz surface segment is expected to dominate the global engineered quartz stone (EQS) market during the projected timeframe. 

Based on the type, the global engineered quartz stone (EQS) market is categorized as quartz tiles, quartz surface, and others. Among these, the quartz surface segment is expected to dominate the global engineered quartz stone (EQS) market during the projected timeframe. The engineered quartz surface market is gaining popularity due to its durability, versatility, and aesthetic appeal, with potential for expansion into emerging economies, innovation in quartz surface technologies, and smart feature integration.

The residential quartz segment is expected to hold the leading share of the global engineered quartz stone (EQS) market over the forecast period.

Based on the application, the global engineered quartz stone (EQS) market is categorized as residential quartz and commercial quartz. Among these, the residential segment is expected to hold the leading share of the global engineered quartz stone (EQS) market over the forecast period. This is because quartz stones are frequently used in residential settings for backsplashes, floors, and worktops. Homeowners looking for premium materials for both utilitarian and ornamental applications are drawn to composite quartz's strength, low maintenance requirements, and aesthetic versatility in residential settings. Despite its size, the commercial segment constitutes a minor portion of the market.

North America is projected to hold a significant share of the global engineered quartz stone (EQS) market over the forecast period.

North America is projected to hold a significant share of the global engineered quartz stone (EQS) market over the forecast period. This is attributed to the increasing prevalence of high-quality and durable construction materials. It is anticipated that the region's key vendors and the rise in home and business renovation projects will propel market expansion.

Asia Pacific is expected to grow at the fastest CAGR growth of the global engineered quartz stone (EQS) market during the forecast period. This is attributed to rising construction activities in emerging economies including India and China. The rising demand for high-end commercial and residential buildings is predicted to drive the market in this region.

Competitive Analysis

Major vendors in the global engineered quartz stone (EQS) market are Caesarstone, Hanwha L&C, Compac, Vicostone, COSENTINO, Wilsonart, DuPont, LG Hausys, Cambria, Santa Margherita, Quartz Maste, SEIEFFE, Quarella, Lotte Chemical, Technistone, Zhongxun, Sinostone, Bitto(Dongguan), OVERLAND, UVIISTONE, Polystone, Ordan, Meyate, Gelandi, Blue Sea Quartz, Baoliya, Qianyun, Falat Sang Asia Co., Belenco Quartz Surfaces, Prestige Group, QuartzFor, CRL Stone, Stone Italiana, Equs, Diresco, Pental, Sage Surfaces, Quantum Quartz, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global engineered quartz stone (EQS)market based on the below-mentioned segments: 

Global Engineered Quartz Stone (EQS) Market, By Type

• Quartz Tile
• Quartz Surface
• Others

Global Engineered Quartz Stone (EQS) Market, By Application

• Commercial Quartz
• Residential Quartz

Global Engineered Quartz Stone (EQS) Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa