According to a new market report published by Credence Research “Stone Processing Market was valued at US$ 4.0 Bn in 2014, and is expected to reach US$ 10.3 Bn by 2022, expanding at a CAGR of 8.6% from 2015 to 2022.
The purpose of the report is to illustrate the state of the market of Stone Processing, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2015, and also, to build a forecast for the growth of the industry in the medium term until 2022.
The importance of stone processing has increased due to the growing demand for stone processing tools and adhesives in the construction industry. Increasing population has led to growth in constructional activities globally. This has led to demand for stone processing tools in the market. Stone processing tools mainly consists of abrasives, diamond tools, carbide and others. Among them diamond tools have gained high importance in the market. The factors boosting growth of diamond tools include wide range of applications in the end-user industries. Other factors promoting growth of stone processing tools is the super hard nature of stone which require stone processing tools. Diamond is treated as an engineering material by scientists and engineers due to its hardness, thermal conductivity and abrasion resistance. Hence, diamond tools dominate the stone processing market worldwide.
1 TENAX – 70
2 MONTE BIANCO – 72 –
3 SAIT – 74 –
4 ENLATAS CAMATTINI – 76
5 DUNA-CORRADINI – 78 –
Browse here for full report with Toc: https://www.credenceresearch.com/report/stone-processing-market
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Stone Processing buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
Browse here for full report with Toc: https://www.credenceresearch.com/press/global-stone-processing-market
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Stone Processing contains:
Analysis and forecast of Stone Processing market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Stone Processing market;
Assessment and forecast of Stone Processing market development;
Financial and business profiles of the leading companies in the Stone Processing industry.
– Up to date working Stone Processing data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Stone Processing for the period 2018 to 2026
– Planned Stone Processing additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Stone Processing projects by region, key countries, and companies
– Details of major planned Stone Processing projects in the world up to 2026
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