Engineered quartz stone (EQS) is a new type of stone artificially synthesized from over 90% quartz crystals, resin, and other trace elements.

According to the different raw materials, quartz stones can be divided into quartz crystals and regenerated quartz sheets. The former is a type of quartz crystalline mineral, which is usually in the form of blocks, grains, or irregular shapes, with a variety of colors, including colorless transparent, semi-transparent or opaque, or various colors appearing; The latter is made from broken glass and quartz sand.

According to different production processes, quartz stones can be further divided into acrylic quartz stones, composite acrylic quartz stones, calcium powder quartz stones, and silica quartz stones.

Overview of Market Development and Analysis of Market Development in Major Regions

In recent years, with the continuous development of engineering construction, decoration, and other fields, engineered quartz stones, as a high-end and environmentally friendly building material, have received more and more attention and favor, and its market is also steadily growing. According to our research data, the global engineered quartz stone market size reached $13.22 billion in 2023. In the coming years, with the continuous progress of technology, the variety and use of engineered quartz stones are expected to continue to expand, and its market development prospects are broad. It is expected that by 2026, the global engineered quartz stone market size will increase to $19.30 billion.

From a regional perspective, the global engineered quartz stone market is mainly concentrated in North America, Europe, and the Asia Pacific region. Among them, North America is the largest sales market. The data shows that the sales volume of North American engineered quartz stones in 2023 was 444.4 square feet, accounting for 33.72% of the global total sales; The sales volume of engineered quartz stone in the Asia Pacific region was 430.6 square feet, accounting for 32.68% of the total sales, making it the second largest engineered quartz stone sales market in the world; The European market ranked third with a share of 22.15%.

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the global engineered quartz stone market is relatively low. Data shows that in 2023, the total revenue of the engineered quartz stone market for the top 3 companies in the industry was $2.69 billion, with a total revenue share of 20.36%. The top three companies were Dupont, Cambria, and Caesarstone. In 2023, these three companies accounted for 11.98%, 4.77%, and 3.61% of the global market revenue in the engineered quartz stone market, respectively.