Black Granite Market Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Black Granite Market Growth and Trends
The global black granite market has been growing owing to the rising globalization. The increasing urbanization has resulted in emerging economies with higher disposable incomes. The rising need for sophistication and comfort has increased the need for granite-based products in various end-users. The abundance of black granite in the earth’s crust by constituting 50-60% of the crust propels the demand for the black granite market with supply-chains meeting the rising demands.
The increasing awareness among art enthusiasts has influenced the demand for hand-crafted black granite sculptures and art pieces. The growing art collecting community has also further raised the need for black granites. The elevating architecture and construction industry is a major contributor to the global black granite market. The increasing desirability among consumers for black granite based countertops, floor and wall tilings, and staircases to name a few in the modern house architecture has significantly impacted the need for black granites. The global countertop market held a market value of US$ 89.18 billion in 2019 and is expected to grow at a CAGR of 2.8% to a projected market value of US$ 110.54 billion by 2027, suggesting a promising rise in demand for black granite.
The construction of various bridges and monuments require black granites as the building stones. The utilization of black granites in the construction of projects with high investments has significantly increased the demand for black granites. The rising sporting community has seen an increase in the granite rock climbing activities, which has augmented the growth of the global black granite market. The physical material advantages provided by the black granites such as durability, water resistance, and stain resistance have been the major growth factor for the black granite market.
The increasing penetration of black granites globally coupled with the high investments made by top market players in the extraction and construction is likely to drive the growth curve of the black granite market upwards.
Black Granite Industry Regional Analysis
Black Granite Market Research Report Scope/Definition
Black Granite Market Share and Competition Key companies operating in this industry are: Gem Granites ; SMG ; Aravali India ; Cosentino ; Levantina ; Coldspring ; Diaamond Granite ; Antolini ; Rock of Ages ; Williams Stone ; KSG ; Amso International ; R.E.D. Graniti ; Pokarna ; Nile Marble & Granite ; Swenson Granite ; Rashi Granite ; Gabro ; Wadi EI Nile ; Malani Granite ; Glaze ; Zongyi Stone ; Wanlistone ; Xinfeng Group ; UMGG ; Yunfu Xuechi ; Kangli Stone ; Xiamen Xinze and Yinlian Stone
Black Granite Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Absolute Black Granite
• Black Galaxy Granite
• Black Pearl Granite
Well Type Analysis (Revenue, USD Million, 2021 - 2028)
• Countertops
• Flooring & Walling
• Paving Stone
• Stair Treads
Region Analasis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Black Granite Industry Companies
• Gem Granites
• SMG
• Aravali India
• Cosentino
• Levantina
• Coldspring
• Diaamond Granite
• Antolini
• Rock of Ages
• Williams Stone
• KSG
• Amso International
• R.E.D. Graniti
• Pokarna
• Nile Marble & Granite
• Swenson Granite
• Rashi Granite
• Gabro
• Wadi EI Nile
• Malani Granite
• Glaze
• Zongyi Stone
• Wanlistone
• Xinfeng Group
• UMGG
• Yunfu Xuechi
• Kangli Stone
• Xiamen Xinze
• Yinlian Stone
Available Versions of Black Granite Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
