Market Overview:
Basalt Marble is a type of natural stone that is used in construction and other applications. It is made up of volcanic rock that has been crushed and then combined with resin or wax to form slabs, tiles, or blocks. Basalt marble can also be artificially manufactured by combining basalt aggregate with resins or waxes. The global basalt marble market was valued at US$ XX million in 2017 and is projected to reach US$ XX million by 2030, at a CAGR of XX% during the forecast period. The key factors driving the growth of the global basalt marble market include its properties such as high strength-to-weight ratio, durability, low porosity & water absorption rate, and resistance to weathering & staining. In addition, growing demand for natural stones in residential and public building applications are also propelling the growth of the global basalt marble market. However, availability issues related to raw materials may hamper the growth of this market over the forecast period. On basis on type ,the Basal Marble Market can be segmented into Natural Basal Marble Market And Artificial Basal Marble Market . On basis on application ,the basal marbles are used for Residential Buildings ,Commercial Buildings (such as hotels), Industrial Buildings (such as power plants) Non-building Applications (such as statues).
Product Definition:
Basalt Marble is a type of metamorphic rock that is composed of the mineral calcite and the mineral basalt. Basalt Marble is used in construction and as a decorative stone.
Natural:
Natural Basalt marble is a type of marble consisting of crystalline quartz grains that are free from other minerals. It’s color can vary between shades of red, pink, brown and black. The most common types of natural basalt used for producing art objects are called “rough basalt” and “smooth basalt”.
Artifical:
Artificial marble is a man-made product and has no connection with natural marble. It is also known as cultured marble, which was first produced in the 19th century. Artificial marbles are made from various synthetic materials such as glass, ceramic, and calcium silicate. These products have several advantages over natural ones; for instance they can be colored in any color whereas real marbles are only available in shades of white/colorless and grey/colored (as per type).
Application Insights:
The residential application segment led the global market and accounted for more than 54% share of the overall revenue in 2017. The product is used as a base for several flooring applications including kitchen countertops, bathroom vanities, and furniture bases among others. Growing demand for basalt marbles from various end-use industries including construction, automotive, and glass is expected to drive growth over the forecast period.
The public building application segment was valued at USD 175 million in 2017 owing to its use as a facing stone in buildings that require high resistance against impact or shock waves caused by an explosion or bullet impacts. It can also be used on walls where there is a requirement of strong resistance against water spray or jet like attacks from bullets flying towards it due to its high compressive strength properties.
Other applications include industrial usage such as crushing machines headstones monuments etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is mainly driven by rising construction activities in China, India, Indonesia, Malaysia and Vietnam. Rising disposable income of consumers coupled with government initiatives for infrastructure development are likely to drive demand from 2018 to 2030.
The European region accounted for a share of more than 25% in 2017 owing to high acceptance of natural basalt products coupled with growing demand from Italy and Germany. Moreover, increasing number of tourists traveling across Europe has led to an increase in hotel construction projects which will further propel product consumption over the next eight years. North America also captured a significant share due to growing popularity associated with natural stone products as compared artificial ones produced using synthetic minerals such as glass fiber reinforced plastic (reinforced plastics).
Growth Factors:
- Increasing demand from construction and interior decoration industry
- Rising disposable income of consumers in developing countries
- Technological advancements in marble processing techniques
- Growing popularity of natural stone products among consumers
- Expansion of global trade network
Scope Of The Report
Report Attributes
Report Details
Report Title
Basalt Marble Market Research Report
By Type
Natural, Artifical
By Application
Residential, Public Building, Others
By Companies
Levantina, Polycor, Vetter Stone, Topalidis, Antolini, Temmer Marble, Tekma, Pakistan Onyx Marble, Dimpomar, Indiana Limestone Company, Mumal Marbles, Can Simsekler Construction, Aurangzeb Marble Industry, Etgran, Amso International, Fujian Fengshan Stone Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Basalt Marble Market Report Segments:
The global Basalt Marble market is segmented on the basis of:
Types
Natural, Artifical
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Public Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Levantina
- Polycor
- Vetter Stone
- Topalidis
- Antolini
- Temmer Marble
- Tekma
- Pakistan Onyx Marble
- Dimpomar
- Indiana Limestone Company
- Mumal Marbles
- Can Simsekler Construction
- Aurangzeb Marble Industry
- Etgran
- Amso International
- Fujian Fengshan Stone Group
Highlights of The Basalt Marble Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Artifical
- By Application:
- Residential
- Public Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Basalt Marble Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Basalt marble is a type of marble that is made from volcanic ash. Basalt marbles are very popular because they have a beautiful, rustic look.
Some of the key players operating in the basalt marble market are Levantina, Polycor, Vetter Stone, Topalidis, Antolini, Temmer Marble, Tekma, Pakistan Onyx Marble, Dimpomar, Indiana Limestone Company, Mumal Marbles, Can Simsekler Construction, Aurangzeb Marble Industry, Etgran, Amso International, Fujian Fengshan Stone Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Basalt Marble Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Basalt Marble Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Basalt Marble Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Basalt Marble Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Basalt Marble Market Size & Forecast, 2020-2028
4.5.1 Basalt Marble Market Size and Y-o-Y Growth
4.5.2 Basalt Marble Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Artifical
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Public Building
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Basalt Marble Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Basalt Marble Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Artifical
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Public Building
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Artifical
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Public Building
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Artifical
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Public Building
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Artifical
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Public Building
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Artifical
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Public Building
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Basalt Marble Market: Competitive Dashboard
14.2 Global Basalt Marble Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Levantina
14.3.2 Polycor
14.3.3 Vetter Stone
14.3.4 Topalidis
14.3.5 Antolini
14.3.6 Temmer Marble
14.3.7 Tekma
14.3.8 Pakistan Onyx Marble
14.3.9 Dimpomar
14.3.10 Indiana Limestone Company
14.3.11 Mumal Marbles
14.3.12 Can Simsekler Construction
14.3.13 Aurangzeb Marble Industry
14.3.14 Etgran
14.3.15 Amso International
14.3.16 Fujian Fengshan Stone Group
