Granite is a common type of felsic intrusive igneous rock, which is granular in texture. Depending on its minerology, granite can be white, pink, or gray in color. Granite containing rock is widely distributed throughout the continental crust. Granite and related marble industries are considered one of the oldest industries in the world. It is hard, more durable, and water & stain resistant as compared to other stones. Moreover, it is stain resistant, and the color of granite countertop never fades. Presently, it is widely used for sculpture & memorials, building, engineering, and other applications to construct sink, granite building stone, countertops, granite tile, and others.
Increase in adoption of granite for the construction of kitchen countertops, bath vanity tops, backsplashes, bathroom sinks & basins, and tabletops or desktops majorly drives the growth of the global granite market. In addition, rise in demand for granite for residential purposes and rise in investment in construction activities drive the growth of the market. However, high cost of granite and labor intensive installation hamper the growth of the global market.
The global granite market is segmented based on product, application, and geography. Based on product, the market is categorized into granite slabs, granite tiles, and others. Applications covered in the study include kitchen countertops, flooring, stair treads, monuments, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
- This report provides an extensive analysis of the current & emerging market trends and dynamics of the global granite market.
- In-depth analysis of all regions is conducted by constructing the market estimations for key segments to identify the prevailing opportunities.
- The report assists to understand the strategies adopted by the companies for market expansion.
- Evaluation of the competitive landscape is provided to understand the market scenario across various regions.
- Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.
Granite Market Report Highlights
Key Market Players
Precision Countertops, Vangura Surfacing Products, Able Group Berhad, Granite Tops, Cambria, Arizona Tile, Levantina, Dakota Granite Company, American Marazzi Tile Inc., Craig Baker Marble Co. Inc.