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Marble Market size, research methodology, technological advancement and growth analysis with forecast to 2027

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Marble Market size, research methodology, technological advancement and growth analysis with forecast to 2027

February 20
17:40 2021
Easy availability of marble and increasing demand for modern décor are significant factors influencing the market growth.

Marble Market

The increasing acceptance of robust and reliable products in the building industry for providing exceptional support to shelving and design to floors has paved the way fora diversity of advanced construction materials. Marble is a form of recrystallized granulated limestone that has been the most desired stone for hundreds of years when it comes to making any structure attractive and visually appealing. The global marble market was valued at USD 12.68 Billion in 2019 and is projected to reach USD 15.94 Billion by 2027, emerging at a CAGR of 2.8% through the estimated timeline.

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Prominent Players Profiled in the Marble Market:

Hellenic Granite Company, Fox Marble Holdings Plc, Polycor Inc., Asian Granito India Limited, Kangli Stone Group, Hilltop Granites, Classic Marble Company, First Marble & Granite, Temmer Group, and Santucci Gro

Market Drivers

The various applications associated with marble, including the development of artistic sculptures, use in residential homes and for providing a royal touch to the furniture drive the demand for variety in the market. The rapid commercialization and ameliorated rate of public and private sector investments in the construction domain act as colossal support as well. Availability of marble in different colors, pattern and design make it the perfect piece for modern décor in sophisticated homes and office buildings. The over-the-top durability and low to no chance of cracking allow architects and interior designers to employ it as flooring, while the excellent insulation properties provide a cooling effect during summers. Moreover, the market will remain highly competitive with the continuous introduction of new products and various small companies opening worldwide.

  • Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
    • Building & Construction
    • Furniture
    • Decorative Infrastructure
    • Statues & Monuments
    • Others
  • Color Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
    • Black
    • White
    • Green
    • Yellow
    • Others

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Global Marble Market Report – Table of Contents:

1. Report Overview

1.1 Research Scope

1.2 Key Marble market segments

1.3 Target players

1.4 Market analysis by type

1.5 Market analysis by application

1.6 Key learning objectives

1.7 Report timeline

2. Global Growth Trends

2.1 Global Marble market size

2.2 Latest trends of the Marble market by region

2.3 Key corporate trends

3. Global Marble Market share by key players

3.1 Global Marble Market size by manufacturers

3.2 Global Marble Market key players

3.3 Products/solutions/services of major players

3.4 New entrants in the Marble market

3.5 Mergers, acquisitions, joint ventures, and expansion plans

4. Global Marble Market by product type

4.1 Global Marble Sales by Product

4.2 Global Marble by Product Revenue

Regional Analysis

North America held a 32.4% of the market share in 2019, and Asia Pacific is projected to be the fastest-growing market for marble at a CAGR of 4.9% due to the increasing urbanization in various countries such as China and India and their choice of marble flooring in the region. The flourishing construction and building sector and constant efforts by the government to preserve heritage sights,such asTajMahal constructed entirely out of white marble, are active factors to overall growth.

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