Study #: 2319

Published: 04/2008

Pages: 299

Full Study Price: US$ 4,500

Per Page Price: US$ 30.00

Solid Surface Materials & Other Cast Polymers to 2012 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

US cast polymer demand will grow 3.6% annually through 2012. Gains will be driven by engineered stone based on its resistance to stains, impacts and moisture and its ability to have a wide range of colors and embedded materials. Solid surface products will remain the largest segment.

This study analyzes the 222 million square foot US cast polymer industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by material (e.g., marble, resins, alumina trihydrate, quartz); product (e.g., solid surface, engineered stone, synthetic stone veneers); end use (e.g., countertops); and regional market.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 major players, including DuPont, Cosentino, Cambria, Wilsonart, Mitsubishi, and Formica.

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TABLE OF CONTENTS

SECTION                                                                      PAGE

INTRODUCTION                                                                    x

I.EXECUTIVE SUMMARY                                                             1
            
II.MARKET ENVIRONMENT                                                           4

General                                                                         4
Macroeconomic Trends                                                            4
Consumer Spending Trends                                                        9
Demographic Trends                                                             11
Building Construction                                                          13
Residential Building Construction                                              17
Housing Units                                                                  19
Housing Stock                                                                  24
Improvements & Repairs                                                         27
Nonresidential Building Construction                                           28
Office & Commercial Construction                                               31
Institutional Construction                                                     31
Industrial Construction                                                        32
Transportation & Other Building Construction                                   33
Nonresidential Improvements & Repairs                                          33
Environmental & Other Considerations                                           34
Historical Trends                                                              37
Competitive Materials                                                          39
Laminates                                                                      39
Natural Stone                                                                  40
Other Materials                                                                42
World Market                                                                   43
Western Europe                                                                 44
Asia/Pacific                                                                   45
Other Regions                                                                  48
Foreign Trade                                                                  49
Solid Surface                                                                  50
Engineered Stone                                                               52
Synthetic Stone Veneers                                                        53

III.MATERIALS                                                                  54

General                                                                        54
Marble & Related Materials                                                     56
Resins                                                                         59
Acrylic                                                                        61
Polyester                                                                      62
Alumina Trihydrate                                                             64
Quartz & Other Stone                                                           66
Other Materials                                                                68

IV.PRODUCTS                                                                    71

General                                                                        71
Area Outlook                                                                   72
Value Outlook                                                                  77
Solid Surface Materials                                                        79
Area Outlook                                                                   79
Value Outlook                                                                  82
Characteristics                                                                83
Types                                                                          86
Acrylic                                                                        86
Polyester & Polyester/Acrylic Blends                                           91
Market Share                                                                   94
DuPont                                                                         95
Wilsonart                                                                      96
Formica                                                                        97
Mitsubishi                                                                     97
LG Chem                                                                        98
Others                                                                         98
Pricing Trends                                                                 98
Engineered Stone                                                              102
Area Outlook                                                                  102
Value Outlook                                                                 105
Characteristics                                                               106
Types                                                                         109
Quartz                                                                        109
Others                                                                        113
Market Share                                                                  115
Cosentino                                                                     116
Cambria                                                                       117
DuPont                                                                        117
CaesarStone                                                                   118
Hanwha                                                                        118
LG Chem                                                                       119
Pricing Trends                                                                119
Synthetic Stone Veneers                                                       122
Area Outlook                                                                  122
Value Outlook                                                                 124
Characteristics                                                               125
Cultured Marble                                                               127
Other Synthetic Stone Veneers                                                 129
Pricing Trends                                                                131

V.END USES                                                                    133
General                                                                       133
Countertops                                                                   135
Residential                                                                   137
New Construction                                                              141
Remodeling                                                                    143
Nonresidential                                                                147
Office & Commercial                                                           150
Institutional                                                                 152
Industrial, Transportation & Other                                            155
Other Building Applications                                                   157
Kitchen & Bathroom Sinks                                                      158
Kitchen Sinks                                                                 161
Bathroom Sinks                                                                162
Other Bathroom Applications                                                   163
All Other Building Applications                                               166
Other                                                                         169

VI.REGIONAL MARKETS                                                           172
General                                                                       172
Regional Demographic & Economic Trends                                        173
Population Patterns                                                           173
Economic Outlook                                                              175
Construction Activity                                                         177
Housing Trends                                                                179
Regional Demand for Cast Polymers                                             183
Northeast                                                                     188
New England                                                                   191
Middle Atlantic                                                               192
Midwest                                                                       193
East North Central                                                            195
West North Central                                                            196
South                                                                         197
South Atlantic                                                                201
East South Central                                                            203
West South Central                                                            204
West                                                                          206
Mountain                                                                      209
Pacific                                                                       211

VII.INDUSTRY STRUCTURE                                                        213
General                                                                       213
Industry Composition                                                          214
Market Share                                                                  218
      DuPont                                                                  221
   Cosentino                                                                  221
     Cambria                                                                  222
   Wilsonart                                                                  223
  Mitsubishi                                                                  223
     Formica                                                                  223
      Others                                                                  224
Competitive Strategies                                                        224
Research & Development                                                        227
Marketing                                                                     229
Distribution                                                                  232
Mergers, Acquisitions & Cooperative Agreements                                234
Company Profiles                                                              238
American Granule, see Fama Industries                                            
Aristech Acrylics LLC, see Mitsubishi
Avonite Surfaces, see Mitsubishi                                                 
Baker (Craig) Marble Company Incorporated                                     239
BLANCO GmbH & Company KG                                                      240
Breton SpA                                                                    242
CaesarStone                                                                   243
Cambria                                                                       245
CCM Enterprises                                                               247
Central Marble Products Incorporated                                          248
Cheil Industries Incorporated                                                 249
Chemcore Industries                                                           251
Cosentino SA                                                                  252
DuPont (EI) de Nemours                                                        255
EOS Surfaces                                                                  257
Fama Industries Corporation                                                   258
Florenata Solid Surfaces Incorporated                                         259
Formica Corporation                                                           260
Halstead International                                                        262
Hanwha Group                                                                  263
Hudson Solid Surfaces                                                         266
Illinois Tool Works Incorporated                                              267
InPro Corporation                                                             269
Karadon Technologies Corporation, see Fama Industries                            
L&M Cultured Marble Company                                                   271
Lehigh Surfaces                                                               272
LG Chem Limited                                                               273
Majestic Marble & Glass Incorporated                                          275
Marbled Elegance Incorporated                                                 277
Marmol Compac SA                                                              278
Meganite Incorporated                                                         280
Mitsubishi Corporation                                                        281
Pioneer Plastics                                                              284
Royal Stone Industries Incorporated                                           285
Samsung Chemical USA Incorporated, see Cheil Industries                          
Santa Margherita SpA                                                          287
Swan Corporation                                                              289
Syn-Mar Products Incorporated                                                 290
Technistone AS                                                                292
Tiffany Marble Incorporated                                                   293
Tower Industries Limited                                                      294
Transolid Incorporated                                                        296
United States Marble Incorporated                                             297
US Stone, see Cosentino SA                                                       
Venetian Marble Incorporated                                                  298
Verona Marble Company Incorporated, 
see Santa Margherita
Wilsonart International Incorporated, 
see Illinois Tool Works
 
LIST OF TABLES
                                        
TABLE NUMBER                                                                 PAGE


SECTION I -- EXECUTIVE SUMMARY

Summary Table                                                                   3

SECTION II -- MARKET ENVIRONMENT
           1   Macroeconomic Indicators                                         9
           2   Personal Consumption Expenditures                               10
           3   Population & Households                                         13
           4   Construction Expenditures                                       16
           5   Residential Building Construction Expenditures                  19
           6   New Housing Indicators                                          23
           7   Housing Stock by Type                                           26
           8   Residential Improvement & Repair Expenditures                   28
           9   Nonresidential Building Construction Expenditures               30
          10   Nonresidential Building Improvement & Repair Expenditures       34
          11   Cast Polymer Market, 1997-2007                                  38
          12   Foreign Trade in Cast Polymers                                  50

SECTION III -- RAW MATERIALS
           1   Raw Material Demand in Cast Polymers                            55
           2   Marble & Related Materials Demand in Cast Polymers              59
           3   Resin Demand in Cast Polymers                                   60
           4   Alumina Trihydrate Demand in Cast Polymers                      65
           5   Quartz & Related Materials Demand in Cast Polymers              68
           6   Other Materials Demand in Cast Polymers                         70

SECTION IV -- PRODUCTS
           1   Cast Polymer Supply & Demand                                    75
           2   Cast Polymer Demand by Value                                    78
           3   Solid Surface Supply & Demand by Area                           82
           4   Solid Surface Demand by Value                                   83
           5   Acrylic-Based Solid Surface Demand                              91
           6   Polyester-Based Solid Surface Demand                            94
           7   Engineered Stone Supply & Demand by Area                       104
           8   Engineered Stone Demand by Value                               106
           9   Quartz Engineered Stone Demand                                 112
          10   Other Engineered Stone Demand                                  115
          11   Synthetic Stone Veneer Supply & Demand                         124
          12   Synthetic Stone Veneer Demand by Value                         125
          13   Cultured Marble Surface Demand                                 129
          14   Other Synthetic Stone Veneer Demand                            131

SECTION V -- END USES
           1   Cast Polymer Demand by End Use                                 134
           2   Countertop Demand for Cast Polymers by Market                  137
           3   Residential Countertop Demand for Cast Polymers by Market      141
           4   New Construction Residential Countertop Demand 
               for Cast Polymers                                              143
           5   Remodeling Residential Countertop Demand for Cast Polymers     147
           6   Nonresidential Countertop Demand for Cast Polymers
               by Market                                                      150
           7   Office & Commercial Countertop Demand for Cast Polymers        152
           8   Institutional Countertop Demand for Cast Polymers              155
           9   Industrial, Transportation & Other Countertop Demand
               for Cast Polymers                                              156
          10   Other Building Surfaces Demand for Cast Polymers               158
          11   Kitchen & Bathroom Sink Demand for Cast Polymers               161
          12   Other Bathroom Applications Demand for Cast Polymers           166
          13   Other Building Applications Demand for Cast Polymers           169
          14   Other End Uses for Cast Polymers                               171

SECTION VI -- REGIONAL DEMAND
           1   Population by Region                                           175
           2   Gross Domestic Product by Region                               177
           3   Regional Construction Expenditures                             179
           4   Regional Housing Sales, New Units & Stock                      183
           5   Cast Polymer Demand by Region                                  187
           6   Northeast Cast Polymer Demand                                  190
           7   Midwest Cast Polymer Demand                                    195
           8   South Cast Polymer Demand                                      201
           9   West Cast Polymer Demand                                       209

SECTION VII -- INDUSTRY STRUCTURE
           1   US Cast Polymer Sales by Company, 2007                         217
           2   Selected Cooperative Agreements                                237

LIST OF CHARTS
                                        
CHART NUMBER                                                                 PAGE

SECTION II -- MARKET ENVIRONMENT
           
           1   Year of Construction of Housing Stock, 2007                     27
           2   Global Cast Polymers Market, 2007                               44

SECTION III -- MATERIALS
           
           1   Raw Material Demand in Cast Polymers, 2007                      56
           2   Resin Demand in Cast Polymers                                   60

SECTION IV -- PRODUCTS
           
           1   Cast Polymer Supply & Demand by Product, 2007                   76
           2   Cast Polymer Demand by Value, 2007                              79
           3   Solid Surface Market Share by Company, 2007                     95
           4   Engineered Stone Market Share by Company, 2007                 116

SECTION V -- END USES
           
           1   Cast Polymer Demand by End Use, 2007                           135

SECTION VI -- REGIONAL MARKETS 
           
           1   Cast Polymer Demand by Region, 2007                            188

SECTION VII -- INDUSTRY STRUCTURE
           
           1   US Cast Polymer Market Share by Company, 2007                  220
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