TMR_Research_Reports_2017 Marble Market - Global Industry Analysis 2025 | Page 2

Report Description
Marble is a natural mineral primarily composed of carbonates such as calcite and dolomite. It is a metamorphic rock, which is usually
white in color. However, rarely, marble can have pigmentation anywhere between yellow and red color due to the presence of
impurities such as iron oxide, bitumen, and clay minerals. Marble is often used for decorative purposes due its bright white color and
lustrous finish. The stone has been used for centuries to create landmark buildings such as the Taj Mahal, Parthenon, and U.S.
Supreme Court Building, along with several renowned cathedrals, churches, and tombs across the world. The stone is usually obtained
by open pit mining and quarrying in various marble deposits across the globe. Marble has low susceptibility to water damage, but may
deteriorate in acidic atmosphere.
Demand for marble is rising in the construction industry due to its esthetics such as beauty and sculpture. Rapid growth in the
construction industry in several developing regions across the world is likely to propel the demand for marble in the near future.
Marble not only serves the decorative purpose, but is also functionally used as filler for concrete aggregate, stairs, pavements, floor
coverings, and external walls in the construction industry.
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Marble is often associated with luxury and extravagance; hence, it is employed for decoration purposes in various lavish buildings and
monuments such as hotels, theatres, temples, churches, memorial buildings, and tombs. This is anticipated to fuel the demand for
marble in the near future. Use of marble is not limited to construction and architectural applications. Marble is also used in ground
form as calcium supplement to farm animals; soft abrasive material for grinding application; manufacture of antacid and acid-
neutralizer; and also as soil enhancer. These applications are projected to propel the demand for marble during the forecast period.
Based on application, the global marble market can be segmented into construction, architecture, agriculture, pharmaceutical, and
others. Construction is the major consumer of marble; the stone is used in applications such as laying pavements, stairs, kitchen
platforms, flooring, sculpture, and external walls. Furthermore, ground form is added to the concrete mixture as filler agent. The others
segment consists of applications wherein marble powder is used such as paints and coatings. Marble powder is also used in some
plastics and rubbers to increase density and weight of the final product. Based on form, the marble market can be segregated into slabs
and powders.
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Marble slab is the widely used form. These slabs are then shaped and molded into tiles and blocks for suitable applications. On the
other hand, powder is directly employed in applications such as pharmaceuticals, agriculture, and abrasives. In terms of color, the