Building and Construction

  Marble is a very common natural stone composed of calcite mineral. Marble quarries are widely available across the world. There are huge and high-quality quarries of marble in countries such as the US, Italy, Turkey, and Spain, which meet the global demand for good quality marble for residential, industrial, and commercial infrastructures. In each country, there are huge marble quarries that lead to easy availability and logistics of marble for further processing into the final product. Marble is extracted from open-pit mines that range from small to very large scale. Marble mining is a capital-intensive process, and due to the availability of a large number of quarries around the world, the cost of transportation and logistics are minimized. In 2020, the marble market is estimated at USD 13 billion and is projected to reach USD 16 billion by 2025, at a CAGR of 3.6% from 2020 to 2025. Marble is metamorphosed limestone, which are composed of recrystallized carbonate minerals such as

The Perlite market size is expected to grow at a CAGR of 7.0%, by value, during the forecast period. The market is estimated to be USD 1.6 billion in 2020 and is projected to reach USD 2.0 billion by 2025. The driving factor for the Perlite market is its growing demand from the construction industry. It is expected that spending on capital projects and infrastructure will grow significantly over the next decade. China, India, and other countries in the Asia Pacific, along with South Africa and Brazil, are investing considerably in the building & construction industry. This investment is required for modernization and commercialization. Rapid urbanization in emerging markets such as India, Malaysia, Thailand, and Brazil are expected to boost the spending in vital infrastructure sectors such as power, construction, and transportation. Improving economic conditions in these emerging markets are projected to increase the use of perlite. Download PDF Brochure: https://www.marketsandma