The global marble market is projected to reach value of USD 15.94 Billion by 2027, according to a current analysis by Emergen Research. The key factors driving the market include shift in consumers’ lifestyle and heat- and fire-resisting properties of marble.
With increasing usage and availability of explosives, coupled with advancements in mechanical systems, marble can be easily given various shapes. This helps in grooming the overall appearance of end-use applications. In the modern age, marble is used for building city halls, religious homes, and buildings.
The report encompasses crucial aspects of the global Marble industry vertical. The report is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
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Further key findings from the report suggest:In February 2020, Fox Marble Holdings Plc announced that it had signed two new agreements for the processing of third-party blocks with Egzoni Sh.p.k. and Skifteri Sh.p.k. Fox Marble Holdings Based on application, the market has been classified into building & construction, furniture, decorative infrastructure, statues & monuments, and others. The building & construction segment is projected to expand at a rate of 3.1% during the forecast period. Marble has been used for making historic sculptures for ages. Marble is one of the most durable materials, which showcases its durability in the wide-ranging atmospheric changes. Marble is widely used in the construction of flooring, walls, and columns due to its physical properties. Key players in the market include 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 Group
The report offers an in-depth idea about the Marble market through its detailed segmentation based on types, applications, and key regions of the industry. This offers a comprehensive overview of the Marble market.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
The report offers insights into the demands for the Marble products in the global market, especially in the key geographical regions where the market has established its presence. These key regions include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For a comprehensive understanding of the market, the vertical is further segmented into product types offered by the market, application spectrum, and end-user industries, among others. It also offers information on the leading manufacturers and vendors in the key geographical regions of the industry.
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Key Questions Addressed:What is the estimated value of the global Marble market by the end of the forecast period? What are the fundamental factors propelling the growth of the global Marble market? Which are the leading regionsin the Marble market with the highest market shares? Which regional segment is likely to record the highest CAGR during the forecast duration? What are their strengths and weaknesses of the leading companies in this market?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Marble Market Segmentation & Impact Analysis
4.1. Marble Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Demand for Modern Decor
126.96.36.199. Easy and Bulk Availability of Marble
4.2.3. Market restraints analysis
188.8.131.52. High Cost of Technologies used
184.108.40.206. Rules & Regulations by the Government
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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