Countertops are used in laboratories, retail shops, workrooms, bathrooms, kitchens etc. these are made up of various materials depending on its need, durability, and purpose or applications. Countertops are multipurpose and its uses are also effectively increasing which shows increase in the revenue in the future.
The construction industry is progressing day by day and reflecting on the improvement in the countertops. Low height countertop with high durability is becoming the latest trend in the countertop shipping industry. Granite, Quartz, Laminate, Concrete, Recycled glass, Butcher-block, Marble, these materials are mostly used in the manufacturing of countertops. Amongst this Quartz is frequently used stone which is made up of crystalline silica. It has long durability hence it is used in kitchen cabinetry. The current trending materials include rust tree concrete, eco-friendly composites, tactile surface, reclaimed wood, non-porous laminates and leather surfaces.
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Countertop Shippers Market: Dynamics
On residential and commercial use countertops plays an important role. On wide range commercial levels like Hotels and restaurants, pharmaceutical laboratories and retail stores the countertop market is expanding. Increasing demand from various industries, advancement in countertop shipping market it has become possible to cater to these industries effectively. Usage in decorative shelves, renovating residential, luxurious bathrooms and modular kitchens, countertops shipping market has risen up to another level.
Impact of COVID-19 sudden lockdown the industries like construction, fabrication are affected majorly. Forecasted growth of these industries was around 2.5% globally, but because of the COVID-19, it has come down to 1%.
The demand of products made up of granite has become high because of the durability and eyes-catching quality. But simultaneously the harmful radiations coming out of granite is dragging down the market’s growth, simultaneously it is a product of high durability with high maintenance.
Countertop Shippers Market: Segmentation
Shelf tray market segmentation based on material type:
- Natural Stone
- Engineered stone
- Concrete
- Solid manufacturers
- Ceramic
- Plastic laminates
- Wood
Amongst all most of the market shared is consumed by natural stone. Traditionally, for a residential purpose like kitchen cabinetry, natural stone is preferred and granite is the most used amongst all-natural stones, considering its higher resistance capability. Low maintenance is also one of the most important characteristics. Ceramic is the second most important material used in commercial use. Natural stones have a property of becoming porous after some duration, to avoid this plastic laminate has become the most important material. It is made up of glass and quartz, which is non-porous and tough also high durability. Materials like resins, polymer are used for low maintenance and versatile properties.
Shelf tray market segmentation based on end-user:
In three divisions end-users for countertop shipping market are divided:
- Residential
- Commercial
- Research Laboratories
- Retails
- Hotels/Restaurants
- Others (Airports, Banks)
- Industrial
On a residential level, for kitchen and bathroom purpose countertops are used. As the interest in the modular kitchen is increasing in the current market, the residential end-user will give large growth in the future. The materials which give low material cost with high durability are in demand for residential products. And quartz is the ideal product to meet these needs. The commercial level has different needs. The materials used for a commercial market purpose, those should be tough with high durability. The materials like resins, chemical resistance and high-pressure laminates along with decorative surfaces have a high demand for commercial products for countertop shipping market.
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Countertop Shippers Market Segmentation: Regional Insights
South Asian, East Asian and Asian countries have captured most of the market in this industry. For commercial and industrial growth the developing countries like India and China have captured the large share of this market. Amongst these developing countries demand for development in the residential and commercial market from China market has become demanding. Any organisations from North America are adopting engineered materials like quartz in the forecast period. Increasing demand for plastic in the USA region can make the next large market for countertop market.
- East Asia
- ASEAN
- South Asia
- North America
- MEA
Countertop Shippers Market segmentation: Key Players
- Caesarstone Sdot-Yam Ltd
- Pokarna Limited
- Wilsonart LLC
- Panolam
- Samsung Chemical
- Abet Laminati SpA
- Breton SpA
- Aristech Surfaces
- CAMBRIA
- AKP Carat-Arbeitsplatten
Read TMR Research Methodology at: https://www.transparencymarketresearch.com/methodology.html
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