Artificial Marble Market Industry Trends, Segmentation and Forecast by 2028

(Heraldkeepers via Comtex)

The global artificial marble market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period.

The global artificial marble market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are increasing demand from consumers as these marbles are exquisite and provide a luxury look at a reasonable cost. As a result, these marbles are extensively used in roofing, flooring, and wall decor. Artificial marbles of the composite and sintered types are gaining popularity due to advantageous qualities such as high durability.

A combination of fillers, including silica and calcium carbonate, synthetic resins such as acrylate and polyester, gel coat, and colors make up artificial marble. The main raw materials used in the manufacturing of artificial marbles are calcium carbonate, fine grained sand, and marble powder. This stone is abrasion resistant and has a low water absorption capacity. It also has stain and cleaning chemical resistance. Artificial marble is used in both non-residential and residential sectors because it comes in a variety of forms and sizes and can be modified to meet specific needs.

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Top Players in the Global Artificial Marble Market:

  • Aristech Surfaces LLC
  • I. du Pont de Nemours and Company
  • Hanex Solid Surfaces
  • Jordan Marble and Granite
  • Krystal Stone Exports Ltd.
  • Kuraray Co., Ltd
  • Leigei Stone Co Ltd.
  • LG Hausys Ltd.
  • Lotte Advanced Materials Co., Ltd.
  • Marmil SA
  • Samsung Stone Industry Co., Ltd.
  • Shanghai Meyate Group

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Some Key Factors Contributing to the Market Growth

Due to numerous motivating reasons, the global artificial marble market’s revenue growth is significantly rising. In contrast to natural marble, the ability to withstand daily use wear and tear and long-lasting features are projected to propel market expansion. Growth would also be aided by materials with greater tensile strength, increased abrasion resistance, and decreased water absorption. Artificial marble is frequently used to enhance the aesthetic appeal of buildings, offices, and homes. Because they are used as ornaments in hotels, temples, and other buildings, the demand for these marbles is anticipated to increase. A major factor in the sector is the relative affordability of artificial marbles in comparison to natural marbles.

Market segmentation based on Product Type Outlook:

  • Cement Artificial Marble
  • Composite Artificial Marble
  • Polyester Artificial Marble
  • Sintered Artificial Marble

Application Outlook:

  • Countertops
  • Flooring
  • Kitchen Tops
  • Staircases
  • Tubs & Shower Stalls
  • Wall Panels
  • Window Sills

End-Use Outlook:

  • Architecture & Art
  • Building & Construction

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Frequently Asked Questions Answered in the Report:

  • What is the estimated revenue growth rate of the global Artificial Marble market over the forecast period?
  • What are the major factors driving the global market revenue growth?
  • Which are the leading manufacturers and suppliers in the global Artificial Marble market?
  • Which regional market is expected to lead in terms of revenue share in the global Artificial Marble market over the forecast years?
  • What are the key outcomes of SWOT analysis and Porter's Five Forces analysis of the market?

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