Press release
Dimension Stone Mining Market 2021 Infrastructure Developments- Vulcan Materials Company, Martin Marietta Aggregates Inc, CRH Plc
Global Dimension Stone Mining Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Dimension Stone Mining market size, demand and revenue. The current Dimension Stone Mining market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.The dimension stone mining market reached a value of nearly $5,422.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 0.5% % since 2015. The market is expected to grow from $5,422.6 million in 2020 to $7,611.5 million in 2025 at a rate of 7.0%. The market is then expected to grow at a CAGR of 5.0% from 2025 and reach $9,734.7 million in 2030.
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Scope of this Report:
Markets Covered: 1) By Type: Marble; Granite; Limestone; Sandstone; Others
Companies Mentioned: Vulcan Materials Company; Martin Marietta Aggregates Inc.; HeidelbergCement AG; CRH Plc.; Cemex S A B de C V
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, dimension stone mining indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Executive Summary:
Growth in the historic period resulted from increase in demand for natural stones, strong economic growth in emerging markets, increase in production capacities and low-interest rate environment. Factor that negatively affected growth in the historic period were fatal accidents in mining, reduction in free trade, and geo-political tensions. Going forward, government policies, growing capital expenditure on infrastructure development, increasing construction activities, and improved logistics infrastructure will drive the growth. Factors that could hinder the growth of the dimension stone mining market in the future include shortage of skilled workforce, and coronavirus pandemic.
The dimension stone mining market is segmented by type marble, granite, limestone, sandstone, and others. The granite was the largest segment of the dimension stone mining market segmented by type, accounting for 34.8% of the total in 2020. Going forward, others segment is expected to be the fastest growing segment in the dimension stone mining market segmented by type, at a CAGR of 10.6% during 2020-2025. The top opportunities in the dimension stone mining market segmented by type will arise in the Others segment, which will gain $1,014.7 billion of global annual sales by 2025. The dimension stone mining market size will gain the most in China at $910.3 billion.
Regional Analysis For Dimension Stone Mining Market:
North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Asia Pacific was the largest region in the dimension stone mining market accounting for 69.0% of the total in 2020. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the dimension stone mining market will be Africa, and North America, where growth will be at CAGRs of 14.8% and 11.4% respectively. These will be followed by Middle East and Eastern Europe where the markets are expected to grow at CAGRs of 8.8% and 7.0% respectively.
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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