Infinium Global Research has added a new report on Global Marble Market. The report covers the analysis of global as well as regional markets of marble. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to the report, the global marble market is projected to grow at a CAGR of 3.5% over the forecast period of 2019-2025.
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What is the Market Size of the Global Marble Market?
Marble is introduced into the construction industry in the 19th century from that time marble has become an important part of the construction sector. It is a metamorphic rock composed of recrystallized carbonate minerals, most commonly calcite or dolomite. Pure white marble is the result of metamorphism of a very pure limestone or dolomite protolith. Different colored marble varieties generate usually due to several mineral impurities such as clay, silt, sand, iron oxides, or chert which were originally present as grains or layers in the limestone.
What are the Major Growth Drivers for the Marble Industry?
Rapidly expanding construction sector augmenting the growth of the market. In the construction sector marble mostly serves the decorative purpose, but is also functionally used as filler for concrete aggregate, stairs, pavements, floor coverings, and external walls. The furthermore growing demand for marble as calcium and lime source for calcium feed supplement and agriculture sector respectively is likely to boost the marble market in the near future. On the other hand, the high cost associated with the marble products can hinder the market growth. However, the growing demand for marble as a food supplement will boost market growth in the near future.
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Which Region is a Market Leader in the Global Marble Market and what are the Key Reasons?
Based on the region, the marble market is segmented by North America, Europe, Asia-Pacific, and RoW. The market in Europe is expected to dominate the market in the forecast period. Europe is one of the major producers of pure marble in the world. Countries such as Italy, Spain, and Greece are the major producers of natural marble in Europe. The market in the Asia-Pacific is also anticipated to expand during the forecast period. Growing industrialization and construction industry contributing to the growth of this region. Considering the rest of the word Jordan is among the prominent producers in the Middle East & Africa. Based on consumption, North America and Europe are the prime markets globally.
What are the Fastest Growing Segments in the Marble Industry?
The report on global marble market covers segments such as application. On the basis of application, the sub-markets include construction, architecture, agriculture, pharmaceutical, and others.
Which Companies are the Key Players in the Marble Industry?
The report provides profiles of the companies in the marble market such as Jiangxi Rare Earth Corp., Molycorp Inc., EUROPEAN MARBLE COMPANY INC., HELLENIC GRANITE Co, Fox Marble, European Marble Centre, Santucci Group S.r.l., The Marble Factory Ltd., Milestone Marble & Granite LTD., Marble Trend, and other companies.
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