Industry News 2019: Global Natural Stone Market Statistics Witnessing Robust Growth and Advancement (Topalidis, Polycor Inc., Antolini, Amso International)

Natural stone is more durable, easy to maintain, and it can withstand all environmental conditions, which is driving the overall market demand. Natural stones have natural beauty which increases its demand in international markets. The demand for natural stone from the construction industry is one of the major factors contributing to the growth of the natural stone market.

In terms of revenue, the global natural stone market was valued at US$ 80.5 Bn and in terms of volume, it was 275.9 Mn Tons in the year 2018. The market is expected to grow with a significant CAGR during the forecast period.

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The global natural stone market is segmented based on type, application and distribution channel.

Based on type, the market is categorized as granite, marble, limestone, travertine, and others.

Based on Application, the market is categorized as Construction & Decoration, Statuary a7 Monuments, Furniture and others.

Based on Distribution Channel: Online & Offline

The key players operating in the market are Topalidis, Polycor Inc., Antolini, Amso International, Dermitzakis, Vetter Stone, Dimpomar, ANSI India, Earth Stone Global, Mumal Marble, and others. Various strategies such as mergers & acquisitions, strategic partnerships, joint ventures, new product developments, and others are adopted by the key players to stay competitive in the market.

Based on the regions, Natural Stone Market in Aquaculture has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and LATAM.The U.S. remodeling market grew by more than 50% in terms of expenditure from 2008 and reached 425 billion US$ in 2017. This will accelerate the market demand for natural stones in the US, especially for bathrooms and kitchens.

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Some natural stones are valued for their light scattering characteristics and brightness and are mostly used for making bright opaque paper. Limestone or calcium carbonate is used as an inexpensive filler in the paper industry. The filler is often used in papermaking for the production of bright and smooth paper. For instance, Rich Mineral Paper (Rockstock) is a paper formed by 80.9% calcium carbonate, which is obtained from natural stone waste from the construction industry.

Key Development

For instance, in October 2018, Polycor Inc., a Canada-based natural stone quarrier, completed the merger with Indiana Limestone Company ("ILCO"), a supplier of building products. The merger was aimed at expanding geographic presence and product offerings and growing through cross-selling synergies.

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Premium Insights
1 Construction Market Overview
2 Industrialization Growth
3 Pricing Trend and Forecast Analysis
4 Global Natural Stone Mines Locations with Production Capacity
5 Mining Rules and Regulations Across the Countries

TOC

1 Preface

2 Executive Summary

3 Premium Insights

4 Market Dynamics

5 Global Natural Stone Market, by Type

6 Global Natural Stone Market, by Application

7 Global Natural Stone Market, by Distribution Channel

8 Global Natural Stone Market, by Region

9 Competitive Intelligence

10 Company Profiles

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