Global Granite Mining Market Anticipated To Grow At 5.8% CAGR During 2018-2022

Date: 2018-02-07

Granites can be predominantly white, pink, or gray in color, depending on their mineralogy. Granite and related marble industries are considered one of the oldest industries in the world. Granite has been extensively used as a dimension stone and as flooring tiles in public and commercial buildings and monuments.

The growing demand Granites from new constructions is mostly driving the Granite Mining market across the world owing to rapid urbanization, industrialization, also the increased investment in infrastructural developments in emerging markets is another driver for the construction materials market, according to a brand new research, the global Granite Mining market expected to grow at a CAGR of 5.8% over 2012-2022.

On the basis of geography, Asia Pacific is world largest producer of Granite, led by countries such as China, India etc, also thanks to increasing urbanization and infrastructural development, and growing dispensable income, Asia Pacific is experiencing huge demand for Granites. According to research, the Asia Pacific is expected to register a highest CAGR of 6.5% for the forecast period. 

In the western regions, because the market is respectively saturated in developed countries, the market in western is restraining a little for the forecast period, according to report, the Europe is expected to grow at a CAGR of 5.2% between 2018-2022.

Base on applications, public sector as an end-use segment is expected to dominate the global Granites market among all end-use sectors.

Global top manufacturers operating in Granite Mining market are Ablegroup Berhad, American Marazzi Tile Inc., CaesarStone, Cosentino S.A., Craig Baker Marble Co. Inc., Levantina y Asociados Minerals SA, Dakota Granite, Daltile, Duracite Inc., JNR Granite Import & Export Ltd, Precision Countertops, Granite Transformations, American Marble & Stoneworks, and Vangura Surfacing Products Inc among others.

Global Granite Mining market share by geography as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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