Synthetic Marble Market Evolving Industry Trends 2025
Obtain Report Details @: http://www.transparencymarketresearch.com/synthetic-marble-market.html
The global synthetic marble market can be segregated based on product and application. In terms of product, the market can be categorized into acrylic type, polyester type, sintered type, and composite type. The polyester type segment is expected to dominate the synthetic marble market, followed by the acrylic type segment, during the forecast period. Sintered and composite types are also gaining momentum due to their beneficial properties such as durability and resistance to chemicals. Based on application, the synthetic marble market can be divided into vanity tops, shower bases, window sills, wall panels, and tub & shower stalls. Vanity tops and showers are the leading application segments of the market. Demand for synthetic marble in tubs and shower stall is anticipated to rise significantly during the forecast period due to the increase in demand for leak-proof materials. Growth in interest in interior decoration coupled with rising demand for quality products is boosting the demand for synthetic marble
Expansion in the construction industry and rise in the number of residential complexes are prominent factors driving the synthetic marble market. Rising demand to maintain luxurious look in various commercial buildings such as hotels, memorial buildings, and churches is also propelling the synthetic marble market. Synthetic marble is lighter in weight and easy to process. Therefore, it is cheaper as compared to natural marbles. These features are fuelling the market for synthetic marble. Synthetic marble is prone to stress cracking and vulnerable to stain if manufactured without gel coats. Therefore, production of synthetic marble with inadequate gel coats or poor quality of raw material may hamper market growth. However, rise in investment in research & development activities to improve the quality of the product with substitute raw materials may open up new opportunities for synthetic marble manufacturers.
Fill the form to gain deeper insights on this market @: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=26627
In terms of region, the global synthetic marble market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. In terms of production, Asia Pacific is the dominant region, followed by Europe. China and Italy are the leading producers of synthetic marble. Demand for synthetic marble is expected to increase significantly in India, China, and ASEAN countries due to the growth in residential construction, rising urbanization, and increasing disposable income. Demand for synthetic marble in the U.S. is also projected to rise moderately due to the expansion in the real estate sector in the country. Spain, France, the U.K., and Italy are the major consumers of synthetic marble in Europe. Changing preferences of consumers in terms of design, material, and color and rise in interest in home decor are propelling the demand for synthetic marble in the region. The synthetic marble market in Middle East & Africa and Latin America is also anticipated to expand due to the increase in investment in public infrastructure, commercial, and residential sectors.
Key players operating in the synthetic marble market include DuPont, Staron, LG Hausys, and Kuraray.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
90 State Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Synthetic Marble Market Evolving Industry Trends 2025 here
News-ID: 627166 • Views: 493
More Releases from Transparency Market Research
Ambient Food Packaging Market to Register Substantial Expansion in Next 5 Years …
Ambient food packaging refers to packing a food product in pasteurised and sterilized packs to increase its shelf life. Ambient food packing has become a trend in the food packaging industry and ambient food products are preferred by majority of the consumers over others. Increasing demand for having more empty space in chill cabinets calls for the adoption of the food packaging methods that can offer a better shelf life
Horizontal Fan Coil Market is set to Garner Staggering Revenues by 2027 - TMR
Global Fan Coil Unit Market: Overview According to a new market report pertaining to the global fan coil unit market published by Transparency Market Research the global fan coil unit market is anticipated to reach volume of 11,378.2 thousand units by 2027. The fan coil unit market is projected to expand at a CAGR of 3.6 % from 2019 to 2027 in terms of sale. Growth of the fan coil unit
RTC IC Market – Opportunities in Key Application Sectors by 2029
Global Real-time Clock (RTC) IC Market: Introduction Transparency Market Research delivers key insights on the global real-time clock (RTC) IC market. In terms of revenue, the global real-time clock IC market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global real-time clock IC market. A real-time clock IC is a
Healthcare Packaging Market: Explore Top Factors that Will Boost the Global Mark …
Healthcare Packaging Market: Introduction The latest report published by Transparency Market Research on the global healthcare packaging market, includes global industry analysis, share, size, growth trends and forecast for 2021-2029. The current value of the global healthcare packaging market is US$ 100 Bn and is anticipated to expand to US$ 155 Bn by the year 2029. Growth of the pharmaceutical industry and high demand for medicinal supplies & drugs have created
More Releases for Synthetic
Synthetic Camphor Market
Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is
Synthetic Graphite Market : Trends and Forecast
Stratview Research has launched a research report on Synthetic Graphite Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Synthetic Graphite Market from 2017 to 2022. This is segmented in five ways to provide a 360 degree holistic view. The segments are – · by Form (Synthetic Electrode, Synthetic Block, Synthetic Carbon Fiber, and Synthetic
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Innovation Benchmarking in Synthetic Zeolite Market
A high volume of players are currently present in the global specialty zeolites market, as stated in a research report released by Transparency Market Research. The leaders of the market for 2015 – Tosoh Corporation, Arkema Group, BASF SE, and W.R. Grace & Co. – held a collective share of 34.7% in its overall value. The players in the market are spread out in terms of size, thereby creating a
SYNTHETIC APERTURE RADAR (SAR) MARKET
Synthetic aperture radar market refers to the space and air-based SAR that functions on the principle of transmission and reception of the reflected signals that interact with the ground and aid in the imaging, tracking, detection and characterization. SAR finds significant applications over the conventional electro optical (EO) imaging systems, primarily owing to microwaves being able to penetrate through clouds and provide consistent 24 hour, all weather data efficiency. Increasing traction
Synthetic Biology Market - Global Industry Analysis 2024
Synthetic biology is a combination of biology and biomedical engineering principles that favors designing and construction of novel biological parts & systems and also the reconstruction of preexisting designs according to specific application requirements. Synthetic biology is extensively used in the field of medical and pharmaceuticals to produce and manufacture improved biological drugs and systems to meet various challenges in the healthcare sector. Synthetic biology offers various opportunities in the