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Engineered Quartz Surface Market size was valued at USD 25.08 Billion in 2023 and the total Engineered Quartz Surface Market revenue is expected to grow at a CAGR of 5.60% from 2024 to 2030, reaching nearly USD 36.72 Billion.<br><br>Read More: https://www.maximizemarketresearch.com/request-sample/115729/
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Engineered Quartz Surface MarketGlobal Analysis Report 2024-2030 Published by: Rajnandini, Research Analyst
Market Size & Overview: As of 2023, the global engineered quartz surface market is valued at approximately USD 25.08 billion. Engineered quartz surfaces are man-made products composed of about 90-94% ground quartz and 6-10% resins and pigments. These surfaces are known for their durability, non-porous nature, and resistance to scratches and stains, making them popular choices for residential and commercial applications, particularly in countertops, flooring, and wall cladding.
Market Growth & Opportunities Sample Request The market is projected to grow at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2030, reaching nearly USD 36.72 billion by 2030. This growth is driven by increasing demand for durable and low-maintenance surfaces in both residential and commercial sectors. Technological advancements have expanded design possibilities, allowing for a wide range of colors and patterns that mimic natural stone. Additionally, the rise in home renovation projects and the growing preference for sustainable building materials present significant opportunities for market expansion.
Market Segmentation by End Use • Residential • Commercial 1.Research Laboratories 2.Retails 3.Hotels/Restaurants 4.Others by Product • Press Molding Quartz • Casting Quartz by Application • Flooring • Walls • Countertops • Door Jambs • Window Sills • Others
Regional Analysis: • North America: The region holds a significant share of the market, attributed to the high demand for modern and durable countertop solutions in residential and commercial sectors. The trend of home renovations and remodeling projects further fuels this demand. • Europe:Steady growth is observed due to the increasing adoption of sustainable and eco-friendly materials in construction projects. The region's emphasis on aesthetic appeal and quality in building materials contributes to the popularity of engineered quartz surfaces. • Asia-Pacific (APAC): This region dominates the market with a significant share, driven by rapid urbanization and infrastructure development. The growing middle-class population and increasing construction activities in countries like China and India boost the demand for engineered quartz surfaces.
Regional Analysis Customized Report Request
Merges and Acquisition Buy This Report While specific mergers and acquisitions in the engineered quartz surface market are not detailed in the provided information, the industry has seen strategic collaborations and investments aimed at expanding product portfolios and market reach. Companies often engage in mergers and acquisitions to enhance their technological capabilities and to better serve the evolving needs of the construction and interior design sectors.
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