Construction Stone Market Trend Industry by Type, by Application and Regional Forecast 2023

Construction Stone Market:

Construction stones have been considered as one of the popular building material since olden days due to their availability in abundance from natural rocks. Construction stone possesses properties such as high strength and durability, which enables them to be an important constituent of the construction sector.

The major factor driving the global construction stone market is the rise in demand for residential, commercial and public infrastructure all over the world. The preference of natural stones and construction aggregates over other materials, is also driving the growth of the global construction stone market. However, the growth of this market is expected to be restrained by huge fluctuations in the prices of the raw materials depending upon their availability and increase in number of other modern substitute material, which possess high reinforcement properties.

The Global Construction Stone Market is expected to grow with 9% CAGR during the forecast period.

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Market Research Analysis:

Based on all types of products, the construction stone market has been segmented as construction aggregates and natural stones. Construction aggregate is a coarse particulate material highly used in all forms of construction. The major constituent of construction aggregates are sand, gravel, crushes stone, slag, recycled concrete and geo-synthetic aggregates. The construction aggregates segment is expected to grow at the highest rate during the forecast period. Its growth can be attributed to its high reinforcement property, which develops a strong infrastructure, while the growth of natural stones segment could be attributed to conventional style of construction predominant in rural and emerging rural areas.

Based on applications, the construction stone market has been segmented as public infrastructure, commercial infrastructure and residential infrastructure. The residential segment is expected to grow the fastest during the forecast period

Scope of the Report:

This study provides an overview of the global construction stone market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Construction Stone Market by its product, application and region.

 By Type
• Construction Aggregates
• Natural Stones

 By Application
• Public Infrastructure
• Commercial Infrastructure
• Residential Infrastructure

 By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

Key Players:

AbleGroup (Malaysia),
Benchmark Building Supplies Ltd (U.K),
Caesarstone Ltd (Israel),
Cosentino Group S.A. (Spain),
OJSC LSR Group (Russia),
Dakota Granite Co. (U.S),
Daltile (U.S),
Duracite (U.S.),
Marazzi Group S.r.l (Italy),
Precision Countertops (U.S),
Vangura Surfaces Products (U.S).

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