Global Global Granite Marble and Stone Market Market Overview:
Granite is an igneous rock composed of mostly quartz, feldspar, and mica. It is known for its durability and strength. Marble is a metamorphic rock primarily composed of calcite or dolomite minerals. It forms from limestone subjected to high heat and pressure. The term "stone" is broad and can refer to various natural stones beyond granite and marble. This includes limestone, sandstone, slate, travertine, and more. The expansion of the global construction industry, particularly in emerging economies, drives the demand for granite, marble, and stone in various construction applications, including residential, commercial, and infrastructure project
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Recently, the industry has witnessed a digital transformation with the integration of technologies such as 3D printing, laser cutting, and computerized design tools
Market Growth Drivers:
Rapid urbanization and the need for new infrastructure projects contribute to increased demand for these materials
Challenges:
Quarrying and processing of natural stones can have environmental implications, including habitat disruption, landscape alteration, and water pollution is a big challenge
Restraints:
The initial investment required for quarrying, processing, and manufacturing advanced stone products is huge
Opportunities:
Opportunities exist for companies to tap into the growing demand for granite, marble, and stone in emerging markets
Competitive Landscape:
The competitive landscape of the global granite, marble, and stone market involves several key players competing in various segments of the industry. Players like Levantina y Asociados de Minerales, S.A., Antolini Luigi & C. S.p.A. kept a major sharing in Granite Marble and Stone Market
Some of the key players profiled in the report are Levantina (United States), Alacakaya (Elazığ), Dermitzakis (Sweden), Antolini (Italy), Carrara (Italy), Mumal Marbles Pvt. Ltd. (India), SMG (United States), Pokarna (India), Amso International (Italy), Williams Stone Company (United States), Best Cheer Stone Group (United States), Topalidis S.A. (Greece), Temmer Marble (Türkiye) and Dimpomar (Portugal).
Latest Market Insights:
On February 2024, Antolini is set to unveil a fresh design and exhibition approach at the Kitchen & Bath Industry Show (KBIS). The main goal is to create a unique experience for visitors by blending natural stones with a "gameplay" concept, allowing them to immerse themselves in the world of Mother Nature.
On December 2022, Techlam, a pioneering Spanish brand specializing in the production of large-format sintered stone, has opted to enhance its manufacturing capabilities by inaugurating its second production facility. The new plant is situated in the town of Nules, located in Castellon.
What Can be Explored with the Global Granite Marble and Stone Market Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Global Granite Marble and Stone Market Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Global Granite Marble and Stone Market
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Global Granite Marble and Stone Market market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Global Granite Marble and Stone Market market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.