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Granite Global Market is Anticipated to Witness a 3.22% GAGR Expansion Between 2019 and 2026

Granite Global Market is Anticipated to Witness a 3.22% GAGR Expansion Between 2019 and 2026

According to the report, the Granite market is predicted to achieve USD 20,055 million by 2026. This report examines the status quo and projections of the global Granite market and analyzes the Granite market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).

Market Summary

Overview:

In the construction industry, black rocks that share the hardness and strength of granitic rocks are known as black granite. In geological terms black granite might be gabbro, diabase, basalt, diorite, norite and anorthosite.

The Granite market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Gem Granites, SMG, Aravali India, Cosentino, and Levantina. Other prominent vendors in the market are Coldspring, Diaamond Granite, Antolini, Rock of Ages, Williams Stone, KSG, Amso International, R.E.D. Graniti, Pokarna, Nile Marble & Granite, Swenson Granite, Rashi Granite, Gabro, Wadi EI Nile, Malani Granite, Glaze, UMGG, Yunfu Xuechi, Kangli Stone, Xiamen Xinze, Yinlian Stone, Zongyi Stone, Wanlistone, Xinfeng Group, and etc.

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Value:

It is estimated that the total market value of the Granite global market is poised to reach USD 20,055 million in 2026 from USD 16,064 million in 2019, with a CAGR of 3.22%.

Facilitating and Limiting Factors:

The market growth is majorly driven by the surging construction and renovation activities in developed countries, rapid industrialization, and urbanization in developing countries, changing consumer preference for natural looking home decoration, and the growing commercial value of granite products in the global market. In addition, a rise in investment in construction activities also drives the growth of the market. However, the high cost of granite and labor-intensive installation hamper the growth of the global market.

The global Granite market is broadly divided based on type, application, and region:

By type – Absolute Black Granite, Black Galaxy Granite, Black Pearl Granite, Others

By application – Countertops, Flooring & Walling, Paving Stone, Stair Treads, Others

By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others

Asia-Pacific held the largest share of the market in 2018, accounting for close to 40.13% share. It was followed by North America and Europe, with a share of 26.35% and 22.49% respectively. The Asia Pacific region represents the largest share and the fastest growth rate in the global granite market so far. The growth in the region is led by the rising residential and infrastructure construction activities in major economies such as China, India, Thailand, Indonesia, and other Southeast Asian countries. In addition, the global granite markets in Latin America and Middle East & Africa are projected to show moderate growth over the forecast period.

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What Information does this report contain?

  • The report covers the prediction and analysis of the global Granite market at the global and regional levels.
  • The report includes drivers and constraints that affect market growth.
  • Discussed details about market opportunities
  • The assessments for the regional market layout characteristics in the world.
  • The report includes detailed company profiles for prominent market participants.

Audience:

  • Granite manufacturers
  • Granite traders, distributors, and suppliers
  • Raw material suppliers of Granite
  • Granite industry associations
  • Product managers, Granite industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Small and Medium-sized Enterprises (SMEs)

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Granite Market

2 Market Trends and Competitive Landscape

3 Segmentation of Granite Market by Types

4 Segmentation of Granite Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Granite Market in Major Countries

7 North America Granite Landscape Analysis

8 Europe Granite Landscape Analysis

9 Asia Pacific Granite Landscape Analysis

10 Latin America, Middle East & Africa Granite Landscape Analysis  

11 Major Players Profile

11.1 Gem Granites

11.1.1 Gem Granites Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 SMG

11.3 Aravali India

11.4 Cosentino

11.5 Levantina

11.6 Coldspring

11.7 Diaamond Granite

11.8 Antolini

11.9 Rock of Ages

11.10 Williams Stone

11.11 KSG

11.12 Amso International

11.13 R.E.D. Graniti

11.14 Pokarna

11.15 Nile Marble & Granite

11.16 Swenson Granite

11.17 Rashi Granite

11.18 Gabro

11.19 Wadi EI Nile

11.20 Malani Granite

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