Artificial Marble Market Report Overview
Maximize Market Research published reports that help clients understand the Artificial Marble market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Artificial Marble market, trade statistics, leading players, and various market metrics.
Artificial Marble Market was valued at USD 9.43 Bn in 2023 and is expected to reach at USD 18.03 Bn by 2030 at a CAGR of 9.7 % over forecast period 2024-2030.
Artificial Marble Market Report Scope and Research Methodology
The report provides business statistics and analytical insights to help you understand the Artificial Marble market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Artificial Marble market size. Both primary and secondary research methodologies were used to clearly present the Artificial Marble market structure.
In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Artificial Marble key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Artificial Marble industry experts were interviewed.
The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Artificial Marble competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Artificial Marble market.
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Artificial Marble Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Artificial Marble market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
Artificial Marble Market Segmentation
by Type
Polyester artificial marble
cement artificial marble
composite artificial marble
sintered artificial marble
The type, application, and region segments of the global artificial marble market are as follows. Sintered type accounted for 39.67% of the market by type in 2022 and is anticipated to continue to dominate over the forecast period. Because sinted artificial marbles can be modified to meet specific needs, they are used in both residential and non-residential settings. They come in a variety of sizes and shapes. Because these marbles are inexpensive and have an attractive, opulent appearance, many people choose to use them in wall, flooring, and roofing goods.
by Application
Flooring
Countertops
Vanity tops
Bathtubs
Wall panels
Shower stalls
Others
Flooring accounted for 41.65% of the market by application in 2022, and this share is predicted to remain dominant throughout the forecast period. The primary market for marble is the flooring application sector; artificial marble is used for a variety of flooring applications, including exterior walls, stairways, kitchen platforms, flooring, and sculpture. In the building business, artificial marble is employed not only for aesthetic purposes but also as a functional filler for external walls, staircases, pavements, floor coverings, and concrete aggregate. Marble is used as ornamentation in many opulent structures and monuments, including hotels, theaters, temples, cathedrals, memorial buildings, and tombs since it is frequently connected to extravagance and wealth.
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Artificial Marble Market Key Players
1. Aristech Surfaces LLC
2. Hyundai L C Europe GMBH
3. Kuraray Co., Ltd
4. LG Hausys Ltd.
5. Marmil SA
6. Lotte Chemical
7. Guangdong Chuanqi Compound Stone Co., Ltd
8. GuangTaiXiang Stone Co. Ltd
9. Fujian Pengxiang Industrial Co., LTD.
10. Wanfeng Compound Stone Technology Co., Ltd.
11. Yunfu Liji Stone Co., Ltd
12. Bitto Industry (Dongguan) Co., Ltd.
13. Jordan Marble and Granite
14. Brown stone korea
15. Cxun Holding Group Co., Ltd.
16. XiShi Group
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Key Questions answered in the Artificial Marble Market Report are:
- What is Artificial Marble?
- What will be the CAGR of the Artificial Marble market during the forecast period?
- Which segment of the Artificial Marble market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Artificial Marble market?
- What are the opportunities for the Artificial Marble Market?
- What factors are driving the Artificial Marble market growth?
- Which company held the largest share in the Artificial Marble market?
Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2024-2030
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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