Construction Stone Market is Projected to Grow Above 7.8% CAGR in Future

According to MRFR analysis, the global Construction Stone Market is expected to register a CAGR of 7.8% from 2022 to 2030 and hold a value of over USD  37,312.10 million by 2030.

Construction stone is a type of natural rock that is used as a building material in construction projects. Construction stone includes a wide range of rock types, including granite, limestone, sandstone, and marble, among others. It is used for a variety of purposes in construction, including as a structural material, decorative purposes, and for landscaping.

The COVID-19 pandemic has had some impact on the production and sales of construction stones. The demand for construction stone has remained relatively stable during the pandemic, as it is used in a variety of construction projects. The pandemic has also had an impact on the construction industry, which is a major user of construction stone. The slowdown in the construction industry due to the pandemic has led to a decrease in the demand for new construction projects, which has in turn led to a decrease in the demand for the construction stone.

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Regional Analysis

The Asia Pacific region has seen a surge in market value due to the growth in the popularity of construction stone in both residential and non-residential sectors. Additionally, the increasing interest in building green buildings has contributed to the region’s growth.

Market Segmentation

The Global Construction Stone market has been segmented into type and application.

Based on the type, the market has been segmented into Construction Aggregates and Natural Stones.

Based on the application, the market has been segmented into Public Infrastructure, Commercial Infrastructure, and Residential Infrastructure.

Key Players

Some of the key market players are AbleGroup, Benchmark Building Supplies Ltd, Caesarstone Ltd, Cosentino Group S.A., OJSC LSR Group, Dakota Granite Co., Daltile, Duracite, Marazzi Group S.r.l, Precision Countertops,  Vangura Surfaces Products.

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