Synthetic Marble Market is expected to grow at a CAGR of 4.8% during the forecast period and market is projected to reach US$ 3.65 Bn. by 2029.Synthetic Marble Market Introduction and Market Scenario:
Synthetic marble, usually identified as artificial marble, delivers the look and feel of real marble without the extra cost and hassle. Artificial marble is broadly used at home, offices, industries, and institutions to makes the place more stylish and marvelous. An increasing infrastructure advance particularly in emerging countries is mostly driving the global synthetic marble market. Also, several benefits of synthetic marble such as cost-effectiveness, low maintenance, low water absorption rate, and environmental benefits are driving the synthetic marble market growth over the forecast period. On the other hand, factors such as synthetic marble are exposed to stains and high costs involved in the maintenance and usage of the synthetic marble are limiting the growth of the synthetic marble market in the future. Prominent players are focusing on R&D activities to develop the product quality by utilizing substitute raw materials which are expected to generate lucrative opportunities over the forecast period.To know about the Research Methodology :- Request Free Sample Report
Synthetic Marble Market Segment Analysis:
The global synthetic marble market is segmented into product types and applications. By type, the global synthetic marble market is segmented into Acrylic Artificial Marble, Polyester Artificial Marble, Composite Artificial Marble, and Sintered Artificial Marble. Among these, the sintered artificial marble held over 39.75% of the market share in 2021, at a CAGR of xx% over the forecast period. Because of sintered type of artificial marble is utilized in both non-residential and residential sectors as these marbles are available in various shapes & sizes and can be customized according to the different requirements.Synthetic Marble Market Regional Insights:
The Asia Pacific held 42.44% of the market share in 2021. Thanks to the growth in the construction industry and an increase in the number of residential complexes. Also, increasing disposable income and a rise in urbanization in developing economies such as India and China are expected to produce productive opportunities for the market over the estimated period. The Indian synthetic marble industry is all set for a big jump with expected value and volume, at a CAGR of 7.55% and 11.55% individually from the final year (2021 to 2022). The share of prominent players is expected to increase because of the use of superior technology, innovation, and higher marketing spend resulting in higher margins, profitability. The Asia Pacific is followed by North America and Europe respectively. North America is expected to hold xx% of the market share by 2029, thanks to the growth of the real-estate sector in the U.S. and Canada. North America is expected to develop as a leader in infrastructure and construction industries, and the improvement in the financial conditions in North America has led to the growth of the synthetic marble market. The report focuses on the Synthetic Marble market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. The report has covered, capacity, production value, cost/profit, and supply/demand by statistical analysis. A brief analysis of drivers, restraints, opportunities, and challenges in the market is also covered with examples by region. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.Synthetic Marble Market Scope: Inquire before buying
Synthetic Marble Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 2.51 Bn. Forecast Period 2022 to 2029 CAGR: 4.8% Market Size in 2029: US $ 3.65 Bn. Segments Covered: by Product Type • Acrylic Artificial Marble • Polyester Artificial Marble • Composite Artificial Marble • Sintered Artificial Marble by Application • Flooring • Countertops • Kitchen Top • Wall Panels • Staircase • Tub & Shower Stalls • Window Sills • Others Synthetic Marble Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Synthetic Marble Market, Key Players are:
• Aristech Surfaces LLC • E. I. du Pont de Nemours and Company • Hanex Solid Surfaces • Krystal Stone Exports Ltd. • Kuraray Co., Ltd • Leigei Stone Co Ltd. • LG Hausys Ltd. • Marmil SA • OWELL • Lotte Advanced Materials • Staron • Guangdong Chuanqi Compound Stone Co. Ltd. • Nanan Guang Tai Xiang Stone Co. Ltd. • Wanfeng Compound Stone Technology Co. Ltd. • Pengxiang • Shanghai Meyate Group • Yunfu Liji Stone Co. Ltd. • Samsung Stone Industry Co. Ltd. • Bitto Industry (Dongguan) Co. Ltd. • Jordan Marble and Granite • Others Frequently Asked Questions: 1. Which region has the largest share in Global Synthetic Marble Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Synthetic Marble Market? Ans: The Global Synthetic Marble Market is growing at a CAGR of 4.8% during forecasting period 2022-2029. 3. What is scope of the Global Synthetic Marble Market report? Ans: Global Synthetic Marble Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Synthetic Marble Market? Ans: The important key players in the Global Synthetic Marble Market are – Aristech Surfaces LLC, E. I. du Pont de Nemours and Company, Hanex Solid Surfaces, Krystal Stone Exports Ltd., Kuraray Co., Ltd, Leigei Stone Co Ltd., LG Hausys Ltd., Marmil SA, OWELL, Lotte Advanced Materials, Staron, Guangdong Chuanqi Compound Stone Co. Ltd., Nanan Guang Tai Xiang Stone Co. Ltd., Wanfeng Compound Stone Technology Co. Ltd., Pengxiang, Shanghai Meyate Group, Yunfu Liji Stone Co. Ltd., Samsung Stone Industry Co. Ltd., Bitto Industry (Dongguan) Co. Ltd., Jordan Marble and Granite, and Others 5. What is the study period of this Market? Ans: The Global Synthetic Marble Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Synthetic Marble Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Synthetic Marble Market 3.4. Geographical Snapshot of the Synthetic Marble Market, By Manufacturer share 4. Global Synthetic Marble Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Synthetic Marble Market 5. Supply Side and Demand Side Indicators 6. Global Synthetic Marble Market Analysis and Forecast, 2021-2029 6.1. Global Synthetic Marble Market Size & Y-o-Y Growth Analysis. 7. Global Synthetic Marble Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 7.1.1. Acrylic Artificial Marble 7.1.2. Polyester Artificial Marble 7.1.3. Composite Artificial Marble 7.1.4. Sintered Artificial Marble 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Flooring 7.2.2. Countertops 7.2.3. Kitchen Top 7.2.4. Wall Panels 7.2.5. Staircase 7.2.6. Tub & Shower Stalls 7.2.7. Window Sills 7.2.8. Others (Furniture Top, Fireplace, and Elevator Cab Walls) 8. Global Synthetic Marble Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Synthetic Marble Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 9.1.1. Acrylic Artificial Marble 9.1.2. Polyester Artificial Marble 9.1.3. Composite Artificial Marble 9.1.4. Sintered Artificial Marble 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Flooring 9.2.2. Countertops 9.2.3. Kitchen Top 9.2.4. Wall Panels 9.2.5. Staircase 9.2.6. Tub & Shower Stalls 9.2.7. Window Sills 9.2.8. Others (Furniture Top, Fireplace, and Elevator Cab Walls) 10. North America Synthetic Marble Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Synthetic Marble Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Synthetic Marble Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Synthetic Marble Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Synthetic Marble Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Synthetic Marble Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Synthetic Marble Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Synthetic Marble Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Synthetic Marble Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Synthetic Marble Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Synthetic Marble Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Synthetic Marble Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Synthetic Marble Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Synthetic Marble Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Synthetic Marble Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Synthetic Marble Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Synthetic Marble Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Synthetic Marble Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Synthetic Marble Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Synthetic Marble Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Synthetic Marble Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Synthetic Marble Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Synthetic Marble Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Synthetic Marble Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Synthetic Marble Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Synthetic Marble Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Synthetic Marble Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Synthetic Marble Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Synthetic Marble Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Synthetic Marble Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Synthetic Marble Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Synthetic Marble Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Synthetic Marble Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Synthetic Marble Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Synthetic Marble Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Synthetic Marble Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Aristech Surfaces LLC 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. E. I. du Pont de Nemours and Company 45.3.3. Hanex Solid Surfaces 45.3.4. Krystal Stone Exports Ltd. 45.3.5. Kuraray Co., Ltd 45.3.6. Leigei Stone Co Ltd. 45.3.7. LG Hausys Ltd. 45.3.8. Marmil SA 45.3.9. OWELL 45.3.10. Lotte Advanced Materials 45.3.11. Staron 45.3.12. Guangdong Chuanqi Compound Stone Co. Ltd. 45.3.13. Nanan Guang Tai Xiang Stone Co. Ltd. 45.3.14. Wanfeng Compound Stone Technology Co. Ltd. 45.3.15. Pengxiang 45.3.16. Shanghai Meyate Group 45.3.17. Yunfu Liji Stone Co. Ltd. 45.3.18. Samsung Stone Industry Co. Ltd. 45.3.19. Bitto Industry (Dongguan) Co. Ltd. 45.3.20. Jordan Marble and Granite 45.3.21. Others 46. Primary Key Insights