Global Engineered Stone Market Overview:
Engineered stone is created by binding the crushed stone using an adhesive like polymer resin. Marble and Quartz are the two common stones used in the manufacturing of engineered stone. The products made of marble are widely used for flooring and walls, while the quartz products are mostly used for kitchen surfaces. Geopolymers and cast stone are two other products that are similar to the engineered stone. The product made in blocks will be cut and polished to be used at the workplace.
The global Engineered Stone Market was valued at around USD 3.3 billion in 2017 and estimated to reach close to USD 4.1 billion by 2022, growing at an annual rate of 4.25%. Construction, decoration and furniture manufacturing are the primary application areas of Engineered Stone. Engineered marbles are used as flooring in many shopping malls and departmental stores across the world. Quartz stones are mainly used in the manufacturing of kitchen countertops.
The market for engineered marble was dominated by Italy until the early 2000s as Chinese products started to replace the Italian marbles. More than 100 suppliers of engineered stones are operating currently in China making it a world leader in their production. The most famous brands of engineered marbles across the world are Quarella, Santa Margherita, and Romastone. Similarly, Cosentino brand Silestone, Totem Quartz and Caesarstone are the famous quartz brands.
Highest population in the world and increasing construction projects have led the leadership of China in the global engineered marble market. The use of quartz in advanced residential kitchen countertops has been dominant in the regions of North America and Europe.
Artificial marble is also gaining prominence in recent years, where the marble dust is combined together with cement or synthetic resins to create a cultured marble. Faux marbling, a painting technique will be used to simulate the marble appearance. Similarly, synthetic quartz is more used for industrial purposes than the natural quartz. Both marble and quartz are used for improving the appearance of the household interiors and kitchens.
Apart from the various benefits of engineered stones, there are also some health concerns that have to be focused. Silicosis is one major issue that can be caused by inhaling the stone dust while manufacturing the engineered product using quartz. The absence of safety precautions or secured environment increases the risk of silicosis in the workers that are employed in the manufacturing process. However, this is the only case in small shops or countries without any industry regulations.
Independent Research Consultant
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