Global Construction Stone Market Overview:
Construction Stone is the Building Material Used Alone or in Conjunction with Other Building Materials Like Concrete. Granites & Marbles are Used in the Form of Finely Dressed Blocks or Slabs or Columns in Monumental & Costly Buildings. Similarly, Sandstone & Limestone Find Their Usage in Forts, Retaining Walls, & Boundary Walls & Also as Blocks in Stone Houses & Bungalows. Slates Are Used in Many Areas as Roofing Material for Ordinary Constructions & in Pavements Also Fall in the Category of Building Stones
Growth Drivers
- Growth in the Construction of Commercial Buildings Like Shopping Malls & Sales Outlets, Utilizing Construction Stone for Providing Aesthetically Good Appearance
- Rise in the Usage of Construction Stone in Residential Sector Owing to the Rise in Disposable Income
Roadblocks
- High Cost Linked With the Construction Stone in Comparison With Conventional Building Materials
Opportunities
- There is an Increased Opportunity for the Market Expansion, Owing to the Growing Real Estate Industry for Providing Accommodation to People Migrating to Urban Locations
- There are Prospects for Growth, Due to the Usage of Construction Stone in Products Like Cookware, Table Tops, Dining Tables, & Many Other Products
Challenges
- Maintenance Associated With the Construction Stone May Pose a Challenge
Competitive Landscape:
The Market for the Construction Stone is Fragmented With the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, In Order to Gain Share Within the Market. Owing to the Increasing Popularity of Construction Stone, There are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are Caesarstone (United States), Cosentino S.A. (Spain), Dakota Granite Co (United States), Thompson Building Materials (United States), Levantina (Spain), Duracite (United States), Marazzi Group Srl (Italy), Precision Countertops Inc. (United States), RockSolid Granit USA (United States) and Silkar Granit (Turkey). Additionally, following companies can also be profiled that are part of our coverage like Manor Stone Ltd (Ireland), Sunrise Quartzite (P) Limited (India), US Stoneworks (United States), Ansi India (India) and Latstone (India). Analyst at AMA Research see United States Vendors to retain maximum share of Global Construction Stone market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Construction Stone market. Considering Market by Appearance, the sub-segment i.e. Slab will boost the Construction Stone market.
What Can be Explored with the Construction Stone Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Construction Stone Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Construction Stone
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Construction Stone market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Construction Stone market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Construction Stone, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.