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Natural Stone Market 2023 Report Predictions by Global Industry Trends, Future Growth, Regional Overview and Forecast To 2032
Natural Stone Market
As per the Natural Stone market report by The Business Research Company, The increase in the number of constructions projects is driving the growth of the natural stones market. The construction sector refers to the organizations that deal with creating, maintaining, and repairing infrastructures. Natural stones in construction projects provide permanent natural building materials than other natural building materials, used in flooring, roofing, masonry, paving roads, and as aggregates for concrete. Additionally, natural stones are highly preferred in heavy engineering such as bridges, harbor walls, sea-side walls, ballast for railways, the foundation works, and others due to their strength, durability, and weather-resistance properties.
The global natural stone market size grew from $31.43 billion in 2022 to $33.57 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The natural stone market size is expected to grow to $41.91 billion in 2027 at a CAGR of 5.7%.
Read More On The Natural Stone Market Report Here:
https://www.thebusinessresearchcompany.com/report/natural-stone-global-market-report
Major competitors in the Natural Stone market include Aro Granite Industries Ltd., Dimpomar, Dermitzakis Bros S A, Levantina y Asociados de Minerales S A, MARGRAF Spa, Mumal Marbles Pvt Ltd., Polycor Inc., Temmer Marble, Topalidis S A, Xishi Stone Group, Antolini Luigi & C S p a, Ranamar Marble, Amso International s a s, Dongxing Group, Vetter Stone, Southland Stone USA Inc., CUPA Group, Pakistan Onyx Marble, and Ahjar Sinai.
The Natural Stone market is segmented -
1) By Type: Marble, Granite, Limestone, Other Types
2) By Construction Type: New Construction, Renovation
3) By Distribution Channel: Online Channel, Offline Channel
4) By Application: Flooring, Memorial Arts, Wall Cladding, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Natural Stone market.
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Natural stone is an organic rock that is mined (quarried) from the earth's surface and is hard and strong enough to be used for building or decorative purposes. Silica is the primary mineral component of natural stone.
The main types of natural stones are marble, granite, limestone, and others. Marble refers to the metamorphic rock composed of calcite and dolomite. It is formed by the metamorphism of limestone and is commonly found in mountainous regions. Marble is used to enhance the aesthetic look of home décor and is commonly used in flooring, countertops, fireplace facing, windowsills, wall claddings, table tops, and other decoration applications. The different construction types include new construction and renovation. The natural stones are distributed through online channel and offline channel and applied in flooring, memorial arts, wall cladding, and other applications.
The Table Of Content For The Natural Stone Market Include:
1. Executive Summary
2. Natural Stone Market Characteristics
3. Natural Stone Market Trends And Strategies
4. Natural Stone Market - Macro Economic Scenario
5. Natural Stone Market Size And Growth
.....
26. Africa Natural Stone Market
27. Natural Stone Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Stone Market
29. Natural Stone Market Future Outlook and Potential Analysis
30. Appendix
The "Global Natural Stone Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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