Global Marble Market was valued US$ 52.75 Bn in 2019 and is expected to reach US$ 65.80 Bn by 2026, at a CAGR of 3.02 % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Marble is a stone, which is preferred decorative purposes thanks to its mind blowing color and lustrous finish. The stone has been castoff for centuries to build landmark structures such as the Taj Mahal, Parthenon, and U.S. Supreme Court Building in the world. Marble has low liability to water damage, but may decline in acidic atmosphere.
Demand for marble is increasing in the construction industry due to its aesthetics such as beauty and sculpture. Prompt growth in the construction industry in several developing regions across the globe are likely to propel the demand for marble in the near future. Marble not only assists the decorative purpose, but is also functionally used as packing for concrete aggregate, stairs, pavements, floor coverings, and external walls in the construction industry. Marble is often related with luxury and extravagance; hence, it is used for decoration purposes in various lavish buildings and monuments such as hotels, theaters, temples, churches, memorial buildings, and tombs. This is expected to derive the demand for marble in the near future. Marble is also employed in ground form as calcium supplement to farm animals; soft abrasive material for grinding application; manufacture of antacid and acid-neutralizer; and also as soil enhancer. These applications are anticipated to boost the demand for marble during the forecast period.
Marble is chosen for ground form as a calcium supplement to farm animals, soft scratchy material for crushing application. It is the best elucidation for the production of antacid and acid-neutralizer and soil enhancer. These applications are expected to drive the demand for marble during the forecast period.
Based on regional segment, the global exterior doors market is sub-segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to dominate the global marble market. This growth can be attributed to the presence of the varieties marbles in this region. Also Asia Pacific and Europe are prominent regions in terms of volume. The market in Latin America is projected to grow substantially throughout the forecast period due to the increase in the industrialization.
Key player operating in the global Marble Market are Temmer Marble, Tekma, Pakistan Onyx Marble, Dimpomar, Mumal Marbles, Can Simsekler Construction, Mármoles Marín, S.A., Aurangzeb Marble Industry, Etgran, Amso International, Universal Mrble & Granite, Best Cheer Stone Group, Fujian Fengshan Stone Group, Xiamen Wanlistone stock, Kangli Stone Group, Hongfa, Xishi Group, Jin Long Run Yu, Xinpengfei Industry, Jinbo Construction Group, Fujian Dongsheng Stone, Guanghui, Levantina, Polycor inc, Indiana Limestone Company, Vetter Stone, Antolini, Antolini.
The objective of the report is to present a comprehensive analysis of the Global Marble Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Marble Market dynamics, structure by analyzing the market segments and project the Marble Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Marble Market make the report investor’s guide.
Scope of the report for Global Marble Market
Global Marble Market, By Product
• White Marble
• Black Marble
• Yellow Marble
• Red Marble
• Green Marble
Global Marble Market, By Application
• Statuary and Monuments
Global Marble Market, By Geography
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players in Global Marble Market
• Temmer Marble
• Pakistan Onyx Marble
• Mumal Marbles
• Can Simsekler Construction
• Mármoles Marín S.A.
• Aurangzeb Marble Industry
• Amso International
• Universal Mrble & Granite
• Best Cheer Stone Group
• Fujian Fengshan Stone Group
• Xiamen Wanlistone stock
• Kangli Stone Group
• Xishi Group
• Jin Long Run Yu
• Xinpengfei Industry
• Jinbo Construction Group
• Fujian Dongsheng Stone
• Polycor inc
• Indiana Limestone Company
• Vetter Stone
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