Demand for engineered stone countertops grew 28 percent per annum during the 2012–2017 period due to significant sales advances in the residential market, according to a new study from The Freedonia Group, a Cleveland-based industry research firm. During this time, demand for engineered stone surpassed that of granite, which was formerly regarded as the primary material in the luxury residential market. The study notes that engineered stone is forecast to be the fastest growing countertop surface material, reaching 152 million square feet in 2022 on yearly advances of 4.5 percent.
Read MorePremium-countertop market research finds engineered stone hardening lead on granite
