Dublin, Jan. 19, 2023 (GLOBE NEWSWIRE) -- The "Global Quartz Sink Market Size, Share & Industry Trends Analysis Report by Type, Application, Distribution Channel, Regional Outlook and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The Global Quartz Sink Market size is expected to reach $348.3 million by 2028, rising at a market growth of 5.4% CAGR during the forecast period.
In general, a basin is referred to be a 'quartz sink'if it is made of a thick stone and an acrylic polymer mixture. A stylish and durable composite sink is created by combining quartz stone and colored acrylic resin.
Natural stone quartz is produced by applying pressure and heat over a long period to quartz crystals combined with sandstone. It is a very solid rock that has been crushed and blended in an 80% to 20% ratio with an acrylic emulsion that has been particularly created.
Quartz composite is offered in almost every sink bowl shape, including the D-bowl, rectangular, square, and round. Consumers can frequently use large cookware or bakeware, a large single-bowl sink is preferable. A tiny square or circular basin can be used as a prep sink or ornamental bar sink.
For individuals who want to leave dishes to rest or prefer to prepare food over a sink basin without dirty dishes in it, multi-bowl sinks are easy and practical.
COVID-19 Impact Analysis
The COVID-19 has had an impact on almost every firm, and the long-term effects are anticipated to have an impact on industry growth over the course of the projected period.
Due to labor shortages, disrupted supply chains, a scarcity of raw materials as a result of rules demanding a nationwide lockdown, and social isolation restrictions, the COVID-19 pandemic hindered the market for kitchen sinks. Traditional sink installation provided several extra challenges.
Market Growth Factors
Increased Home Decor Spending and Product Adoption in the Commercial Sector
Usual kitchen sink uses include cleaning dishes and utensils. The demand for kitchen sins has increased as a result of rising building activity, increased availability to clean water and sanitary amenities in emerging nations, and rising numbers of refurbishment projects in developed regions.
Quartz is an exceedingly smooth material. It is not permeable like many other materials. It does not run the danger of getting food, oils, or acid stuck in the pores, which can wear out the user sink with prolonged usage and be difficult to clean.
Urbanization in Commercial and Residential Areas
The desire to build more attractive furnished homes and renovate outdated, traditional kitchens with modern fixtures and amenities has increased demand for water sinks in recent years.
People are moving to cities in greater numbers as a result of increased urbanization in search of better transportation and health care. With an increasingly globalized world where travel has become faster, less costly, and more comfortable, the hotel industry has been flourishing.
Market Restraining Factors
Availability of Replacements on the Market
By blending acrylic resins and up to 70% crushed granite, granite composite sinks are made. Granite is thicker and more long-lasting than quartz alone because it contains feldspar, mica, and quartz among other minerals. It becomes even more resilient than a quartz composite sink when combined with resin. Granite composite sinks can withstand high temperatures, stains, and scratches. Additionally, they are entirely resistant to chemicals and are material-washable. Regular usage is unlikely to harm them in any way.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Quartz Sink Market by Type
3.1 Global Single Bowl Market by Region
3.2 Global Double Bowl Market by Region
3.3 Global Multi Bowl Market by Region
Chapter 4. Global Quartz Sink Market by Application
4.1 Global Residential Market by Region
4.2 Global Commercial Market by Region
Chapter 5. Global Quartz Sink Market by Distribution Channel
5.1 Global Offline Market by Region
5.2 Global Online Market by Region
Chapter 6. Global Quartz Sink Market by Region
Chapter 7. Company Profiles
7.1 Acrysil Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Acquisition and Mergers:
7.1.4.3 Geographical Expansions:
7.2 Moen Incorporated (Fortune Brands Home & Security, Inc.)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Oliveri Solutions Pty Ltd (Fletcher Building)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 BLANCO Gmbh + Co KG (Blanc & Fischer Family Holding)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Geographical Expansions:
7.5 Kovinoplastika Loz doo (Alveus)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Acquisition and Mergers:
7.6 Teka Group (HERITAGE B)
7.6.1 Company Overview
7.7 Franke Group (Artemis Holding AG)
7.7.1 Company Overview
7.8 Ruvati USA
7.8.1 Company Overview
7.9 Dornbracht Deutschland GmbH & Co. KG
7.9.1 Company Overview
7.10. Kohler Co.
7.10.1 Company Overview
For more information about this report visit https://www.researchandmarkets.com/r/xy7j2b
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