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Dublin, May 10, 2021 (GLOBE NEWSWIRE) The Marble - Global Market Trajectory & Analytics report has been added to
ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for Marble estimated at US$55 Billion in the year 2020, is projected to reach a revised size of US$68.5 Billion by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027. Yellow Marble, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$19.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the White Marble segment is readjusted to a revised 3.2% CAGR for the next 7-year period.
White Marble Market to Register 5.7% CAGR and Hit USD 89 BN till 2027
April 28, 2021 | by admin |
The global
White Marble market generated revenue of around USD 37 Billion in 2020 and anticipated to grow at a CAGR of over 5.7% during the forecast period from 2021 to 2027 to reach around USD 89 Billion in 2027.
Marble is a metamorphic rock formed when limestone is heated and compressed during metamorphism. It is mainly made up of CaCO3, but it can also contain micas, quartz, clay minerals, iron oxides, pyrite, and graphite. Calcite in limestone recrystallizes during metamorphism, resulting in a rock which is made up of interlocking calcite crystals.
Global Natural Stone Slab Market 2021 Worth USD 59,900 0 Million by 2027 at a CAGR of 3 5% texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
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This report titled as “Global Marble Market”, gives a brief about the comprehensive research and an outline of its growth in the market globally. It states about the significant market drivers, trends, limitations and opportunities to give a wide-ranging and precise data and also scrutinizes its growth in the overall markets development which is needed and expected.
This market research report on analyzes the growth prospects for the key players operating in this market space including: Levantina y Asociados de Minerales, S.A. (Spain), Temmer Marble (Turkey), Hellenic Granite Company (Greece), Fox Marble Holdings plc (UK), California Crafted Marble, Inc. (US) etc.
| Press Release
Global Marble Market Report 2020-2025: Market to Reach $16 Billion - Focus on Building & Construction, Statues & Monuments, & Furniture Industries
ResearchAndMarkets.com s offering.
The global marble market is estimated at USD 13 billion in 2020 and is projected to reach USD 16 billion by 2025, growing at a CAGR of 3.6% from 2020 to 2025.
High demand for residential and commercial infrastructure from the developing economies is driving the growth of building & construction segment. In addition, growth of the construction industry has led leading to high demand for building materials such as marble is anticipated to fuel the growth of marble market.
White segment is projected to grow at the highest CAGR in the marble market between 2020 and 2025