Category

Mexico Marble Market Size, Share, And Trends By Type (White, Black, Yellow, Red Marble, Others), By Product (Blocks, Tiles, Slabs, Others), By Application (Flooring, Staircase, Walls, Furniture, Others), And By End User (Residential, Commercial, Industrial) – Forecast From 2019 To 2024

104 pages
Published on : Jul 2019
Report Code : KSI061612792

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Description

Mexico marble market is expected to have a significant market growth during the forecast period. Mexico imports marble especially finished marble, the rate of which is increased over the years. It also exports a significant amount of marble mainly to the US and Canada due to the NAFTA agreement. The market growth is driven by increasing demand for marble in the construction industry due to its aesthetic value. The construction industry is growing at a significant rate in Mexico along with the growth of its economy which is estimated to further fuel the market growth. But the high cost of marble is expected to limit the demand for marble.

The Mexico marble market is segmented by type and the white marble is expected to have a significant market share. By product, the slab segment is estimated to have a considerable market share. The slab can be shaped and moulded according to the requirement. By application, the flooring segment is expected to have a notable market share.

DRIVERS

Extensive use of marble in the growing construction industry

RESTRAINT

The high cost of marble

INDUSTRY UPDATE

In October 2018, the largest producer of natural stone in North America, Polycor Inc., announced the completion of its merger with Indiana Limestone Company, a leading dimensional limestone quarrier and building products producer headquartered in Bloomington, Indiana.

SEGMENTATION

The Mexico marble market has been analyzed through the following segments:

By type

White marble

Black marble

Yellow marble

Red marble

Others

By product

Blocks

Tiles

Slabs

Others

By application

Flooring

Staircase

Walls

Furniture

Others

By end user

Residential

Commercial

Industrial

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