PUBLISHER: Value Market Research | PRODUCT CODE: 1547763
PUBLISHER: Value Market Research | PRODUCT CODE: 1547763
The global demand for Marble Market is presumed to reach the market size of nearly USD 108.82 Billion by 2032 from USD 68.43 Billion in 2023 with a CAGR of 5.29% under the study period 2024-2032.
Marble is a metamorphic rock, form whened limestone is exposed to the pressure and heat. It mostly contains calcite with other minerals, such as micas, pyrite, clay minerals, quartz, iron oxides, and graphite. Marble is found in huge deposits that can be hundreds of feet thick and geologically wide. It is economically mined on a large scale, with some mines and quarries producing millions of tons per year. Marble is mostly preferred for decorative purposes due to its attractive color and lustrous finish. Marble is also functionally used as packing for concrete aggregate, pavements, stairs, external walls, and floor coverings in the construction industry.
The rapidly expanding residential and commercial construction sector due to new construction activities and renovation of old sites worldwide is the primary factor driving the marble market over the forecast time frame. Also, demand for marble increases in the construction industry due to its aesthetics, such as beauty and sculpture, contribute to the marble market growth. The rising urbanization and rising utilization of marbles in public infrastructures in several countries are also positively impacting marble market growth. Moreover, the growing consumer preferences towards the interior decoration of the housing structure are likely to provide profitable growth opportunities for key players of the marble market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Marble. The growth and trends of Marble industry provide a holistic approach to this study.
This section of the Marble market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Marble market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Marble market include Antolini Luigi & C SpA, BC Marble Products Ltd., Levantina Y Asociados De Minerales, S.A., Fox Marble, Kangli Stone Group, Best Cheer Stone, Kingstone Mining Holdings Ltd., China Kingstone Mining Holdings Ltd., Daltile, Hellenic Granite Co., Topalidis SA, Santucci Group Srl. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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