Dimension Stone Market Expects Substantial Growth with a Projected Increase of $1356.91 Million by 2027, Fueled by a 4.44% CAGR

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Oct 12, 2023, 14:30 ET

DUBLIN, Oct. 12, 2023 /PRNewswire/ -- The "Global Dimension Stone Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The global dimension stone market is on the path to substantial growth, with projections indicating an increase of $1356.91 million during the period of 2022-2027. This impressive growth is expected to be driven by a compound annual growth rate (CAGR) of 4.44% throughout the forecast period.

The comprehensive report on the dimension stone market offers an all-encompassing analysis, including market size and forecast, current trends, growth drivers, challenges, and an in-depth vendor analysis covering approximately 25 key market players.

Key Highlights:

The dimension stone market is poised to grow by USD 1356.91 million during the forecast period (2022-2027).
The report provides insights into market dynamics, trends, growth drivers, and challenges.
The market's growth is propelled by factors such as rapid expansion in the construction sector, a significant shift towards sustainability, and rising demand for residential and commercial spaces.

Market Segmentation:

By Type

Limestone
Granite
Sandstone
Marble and slate
Others

By Application

Structural use
Decorative use

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

The report identifies advancements in stone-cutting and processing technologies as a prime driver for market growth in the coming years. Additionally, it highlights the growing popularity of home remodeling and the increasing use of terrazzo flooring as contributing factors to the rising demand in the market.

For more detailed information, please refer to the full report, which covers:

Dimension stone market sizing
Dimension stone market forecast
Dimension stone market industry analysis

Companies Mentioned:

3 Rivers Stone Ltd.
Aditya Stonex
Aro Granite Industries Ltd.
Artgo Holdings Ltd.
Asian Granito India Ltd.
Avid Marbles and Granites Pvt. Ltd.
Caesarstone Ltd.
FHL Kiriakidis Group
Fox Marble Holdings Plc
Haique
HMG Stones
Levantina and Mineral Associates SA
MGT Stone Co.
Mohawk Industries Inc.
Pokarna Ltd.
Prem Marbles
Regatta Granites India
RK Marbles
Shubh Marbles and Granite
Sonnet Stone

As the construction industry continues to thrive and sustainable practices gain traction, the dimension stone market presents significant opportunities for industry players and stakeholders.

For more information about this report visit https://www.researchandmarkets.com/r/uxnm95

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