What is Granite Sales Market?
Granite is a type of natural stone that is formed deep within the Earth's crust. It is an igneous rock composed mainly of quartz, feldspar, and mica, along with other minerals. Granite is renowned for its durability, strength, and aesthetic appeal, making it a popular choice for a wide range of applications in construction and design. Granite primarily consists of quartz, a hard mineral that provides strength and durability. It also contains feldspar, which gives it its characteristic color and patterns and adds a reflective quality.
Highlights from Granite Sales Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Arizona Tile, L.L.C. (United States), Levantina (United States), AbleGroup Bhd (Malaysia), American Marazzi Tile Inc. (United States), Granite Construction Inc. (United States), Craig Baker Marble Co, Inc. (United States), Dakota Granite Company (United States), Precision Countertops's (United States), Williams Stone Co. (United States), Pokarna Ltd. (India) and vangura surfacing products (United States)|
Manufacturers focus on offering unique and high-quality granite products that stand out from competitors. This can involve offering a diverse range of granite colors and patterns, specialty finishes, and innovative designs. Apart from this, the players explore new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Granite Sales market throughout the forecasted period. Arizona Tile, L.L.C. (United States), Levantina (United States), AbleGroup Bhd (Malaysia), American Marazzi Tile Inc. (United States), Granite Construction Inc. (United States), Craig Baker Marble Co, Inc. (United States), Dakota Granite Company (United States), Precision Countertops's (United States), Williams Stone Co. (United States), Pokarna Ltd. (India) and vangura surfacing products (United States) are some of the key players profiled in the study.
Granite Sales Market Segmentation:
|Application / End User||Kitchen Countertops, Flooring, Stair Treads, Monuments and Others|
|Product||Granite Slabs,Granite Tiles|
On the basis of geography, the market of Granite Sales has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Increasing Popularity of Granite in Construction and Remodelling Projects
Market Growth Drivers:
Rise In Demand for Granite for Residential Purposes and Increasing Construction Activities in Developed and Developing Countries
Presence of Alternative Stones
High Cost of Granite and Labour-Intensive Installation
Rise in Investment in Construction Activities and Rapid Increase in Urbanization
Key Target Audience
Granite Manufactures, Distributors and Suppliers, End-Use Industries, Transportation Industry, Potential Investors and Others
Market Leaders & Development Strategies
In June 2018, Granite announced that it has completed its acquisition of Layne Christensen Company, a leading water management, infrastructure services, and drilling company,