Global Artificial Marble Market 2018:Growth in construction industry and increase in number of residential complexes are major factors which driving the growth
Market ScenarioGrowth in construction industry and increase in number of residential complexes are major factors which drive the growth of the artificial marble market. Low cost of artificial marbles as compared to natural marbles and rise in demand of these marbles in commercial buildings such as churches & hotels to maintain luxurious look are other factors, which supplement the market growth. Asia-Pacific is expected to register substantial growth owing to growth in residential construction, increase in disposable income, and rise in urbanization in emerging economies such as China and India.
The demand is also anticipated to rise in the U.S. due to real estate sector expansion in the country. Artificial marble is vulnerable to stains and prone to stress cracking if produced without gel coats. Therefore, production of artificial marble without utilization of gel coats may hinder the market growth. However, increase in focus & investment in R&D activities to enhance the product quality by utilizing substitute raw materials may open new opportunities for artificial marble manufacturers.
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Top Industry Player’s
Staron(SAMSUNG), DuPont, LG Hausys, Kuraray, Aristech Acrylics, Durat, MARMIL, Hanex, CXUN, Wanfeng Compound Stone, XiShi Group, PengXiang Industry, ChuanQi, New SunShine Stone, Leigei Stone, GuangTaiXiang, Relang Industrial, Ordan, Bitto, Meyate Group, Blowker
The report segments the artificial marble market on the basis of product, application, and geography. Based on product, it is divided into acrylic artificial marble, polyester artificial marble, composite artificial marble, and sintered artificial marble. On the basis of application, the market is classified into flooring, countertops, kitchen top, wall panels, staircase, tub & shower stalls, window sills and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.
Market Segments
Market by Type
• Cement Artificial Marble
• Resin Type Artificial Marble
• Composite Artificial Marble
• Sintered Artificial Marble
Market by Application
• Vanity Tops
• Bath Tubs
• Wall Panels
• Shower Stalls
Key Content of Chapters (Including and can be customized)
• Part 1: Market Overview, Development, and Segment by Type, Application & Region
• Part 2: Global Market by company, Type, Application & Region
• Part 3: North America Market by company, Type, Application & Region
• Part 4-6: Key Regions of North America Market by Type, Application
• Part 7: Company information, Sales, Cost, Margin etc.
• Part 8: Conclusion
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