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A Glance at Natural Stone Market

Natural stone has various applications in the interior design of your home such as kitchen, bathroom, living room, etc. Granite, one of the hardest stones, is commonly used for kitchen countertops mainly because of its durability and heat resistance. The elegance and unique pattern of this stone is popular as no two granite slabs are alike and can fit the tastes of people for their interior designs of kitchen. Common applications for marble include flooring, columns, steps, table, or countertop. Another type of natural stone, named Onyx, which is formed from limestone, is available in many colors and used for walls to enhance its translucent color.

 

 

The building & construction industry is facing outstanding development in the recent years due to rapid urbanization, development of smart cities, and mega projects. The natural stones such as marble, granite, and others are generally used in the residential and commercial sector for infrastructure developments as well as for reconstruction & remodeling projects. For instance, marble, which is largely mined in Asia represents beauty with its intrinsic warmth and it is a popular option for floors, fireplace facings, countertops, walls, and windowsills. Because of its appearance and ease of maintenance, it is widely used for table tops, wall claddings, floor, vanity tops, wainscot, and others. Likewise, soapstone, another type of natural stone, is softest material used as countertops, because it is completely resistant to heat and stain. Properties like high abrasion and scratch resistance have made it suitable to be used for flooring.

The granite stone is anticipated to have a dominant market share and generate a revenue of $20,201.8 million by 2028, growing from $13,523.3 million in 2020. This is because granite is known for outstanding hardness, abrasion resistance, and elegance. Granite is resilient stone that can resist very high temperature due to which it is used as kitchen countertops where the granite is subjected to direct heat. Granite is available in variety of colors and patterns with distinctive veins, swirls, and specks which are eye-catching. Also, granite countertops are easy to clean owing to its smooth and polished surface. As granite can resist abrasion, bear significant weight, can resist weathering, and has brilliant polish, they make it a desirable and popular natural stone.

 

 

The flooring application is predicted to have a dominant market share and make a revenue of $28,318.7 million by 2028, growing from $19,174.3 million in 2020. Natural stone is commonly used for flooring in residential and commercial sector due to its durability, beauty, and increased value to your home. Natural stone has organic surface that can resist dust ad allergenic organisms, thus making your flooring safe and durable. Some of the popular natural stones preferred for flooring include marble, granite, slate, and limestone. For instance, the marble used for flooring provides the ambience of luxury and antiquity. It comes in wide range of colors and shades that provides pristine appeal. Slate is preferred natural stone for flooring as it is easy to cut and turn into sheets. Slate is mostly available in grey, gold, and black colors which works well for both dry and wet areas. Slate has stain resistance properties and is an ideal choice for flooring in hallway, bathroom, living room, kitchen areas, and dining.