India markets closed
  • BSE SENSEX

    49,206.47
    +256.71 (+0.52%)
     
  • Nifty 50

    14,823.15
    +98.35 (+0.67%)
     
  • USD/INR

    73.3000
    -0.2900 (-0.39%)
     
  • Dow

    34,777.76
    +229.23 (+0.66%)
     
  • Nasdaq

    13,752.24
    +119.39 (+0.88%)
     
  • BTC-INR

    4,229,127.00
    +123,691.00 (+3.01%)
     
  • CMC Crypto 200

    1,480.07
    +44.28 (+3.08%)
     
  • Hang Seng

    28,610.65
    -26.81 (-0.09%)
     
  • Nikkei

    29,357.82
    +26.45 (+0.09%)
     
  • EUR/INR

    89.1880
    +0.3797 (+0.43%)
     
  • GBP/INR

    102.5309
    +0.2936 (+0.29%)
     
  • AED/INR

    19.9120
    -0.0790 (-0.40%)
     
  • INR/JPY

    1.4786
    -0.0008 (-0.05%)
     
  • SGD/INR

    55.3350
    +0.1290 (+0.23%)
     

Global Granite, Marble and Stone Market Report 2021: Growing Prominence of Green Granite, Marble and Stone Benefit Market Expansion

Research and Markets
·3-min read

Dublin, April 23, 2021 (GLOBE NEWSWIRE) -- The "Granite, Marble and Stone - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Granite, Marble and Stone Market to Reach 23 Trillion Metric Tons by 2027

Amid the COVID-19 crisis, the global market for Granite, Marble and Stone estimated at 18 Trillion Metric Tons in the year 2020, is projected to reach a revised size of 23 Trillion Metric Tons by 2027, growing at a CAGR of 3.5% over the period 2020-2027.

The U.S. Market is Estimated at 4.9 Trillion Metric Tons, While China is Forecast to Grow at 6.4% CAGR

The Granite, Marble and Stone market in the U.S. is estimated at 4.9 Trillion Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 4.8 Trillion Metric Tons by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Granite, Marble and Stone: Vital Building Materials Available in Varied Colors, Textures and Structures

  • Recent Market Activity

  • Global Dimension Stone Industry

  • China, Brazil, and India: Leading Producers of Granite

  • Demand for Countertops Witnesses Steady Growth

  • Global Market Outlook

  • Asia-Pacific: The Dominant and the Fastest Growing Crushed Stone Market Worldwide

  • Noteworthy Granite, Stone & Marble Trends Summarized

  • Trends in Interior Design: Stone and Tile

  • Trends in Interior Design: Marble

  • Marble Cladding Trends

  • Natural Stone Trends

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Ablegroup Berhad (Malaysia)

  • Asian Granito India Limited (India)

  • Benchmark Building Supplies Ltd. (UK)

  • CaesarStone (USA)

  • Cambria (USA)

  • California Crafted Marble, Inc. (USA)

  • Cosentino SA (Spain)

  • Dakota Granite Company (USA)

  • Dimpomar, Rochas Portuguesas, Lda (Portugal)

  • Duracite, Inc. (USA)

  • Fox Marble Holdings plc (UK)

  • Granite Transformations (USA)

  • Hellenic Granite Co. S.A. (Greece)

  • Hilltop Granites (USA)

  • Internacional De Ceramica SA DE CV (Mexico)

  • Kangli Stone Group (China)

  • Levatina y Asociados Minerals SA (Spain)

  • LSR Group (Russia)

  • Pokarna Limited (India)

  • Mohawk Industries (USA)

  • Daltile Corporation (USA)

  • Marazzi Group S.p.A. (Italy)

  • American Marazzi Tile, Inc. (USA)

  • Temmer Marble (Turkey)

  • Topalidis S.A. - Marble & Granite (Greece)

3. MARKET TRENDS & DRIVERS

  • Expanding Home Applications of Granite beyond the Kitchen Drives Healthy Market Growth

  • Myriad Benefits of Natural Stone Drive Widespread Market Adoption

  • Antolini Vacuum Process (AVP): Significantly Enhancing Stone's Attractiveness and Applicability

  • Market Fortunes Intrinsically Tied to the Global Construction Industry

  • Building Renovations & Remodeling: A Key Revenue Contributor

  • Rising Investments in Infrastructure Projects Strengthens Market Prospects

  • Rising Commercial Real Estate Investments Offer Positive Outlook for Granite, Marble and Stone

  • Government Funding - Vital to Boost Aggregate Demand

  • Growing Prominence of Green Granite, Marble and Stone Benefit Market Expansion

  • Eco-Awareness & Sustainability Spur Innovations

  • Rising Energy Consumption Propels Demand for Green Materials

  • While Sand & Gravel Reserves Deplete, Crushed Stones Offer Promise

  • Granite Transform in to a High-Volume Low Margin Business

  • Growing Use of Granite in Major Projects

  • With Rising Competition from New Materials, Companies Acquiring Quarries to Remain Relevant

  • Imitation Tiles: A Force to Reckon With for the Stone Industry

  • Localized Market Operations: The Result of High Cost of Land Transportation

  • Population Growth & Urbanization Boosts Demand for Granite, Marble and Stone

  • Environmental Issues of Aggregates Production & Usage

  • Recycling of Construction & Demolition Waste to Reduce Environmental Desecration

  • Environment Safety: A Major Challenge in Granite Production

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 194

For more information about this report visit https://www.researchandmarkets.com/r/wxfdqo

About ResearchAndMarkets.com

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900