Asia-Pacific Leads Growth While Mature Markets Pivot on Renovation, Sustainability, and Heritage
Regionally, Asia-Pacific dominates expanding market share, driven by urbanization, real estate growth, and public infrastructure investment in countries like China and India. Meanwhile, North America and Europe are stabilized by renovation projects and green construction codes pushing for low-embodied-carbon stone materials.
In mature markets, the renovation segment—upgrading older structures or interiors—is becoming a key driver due to growing demand for premium finishes paired with sustainability goals. Meanwhile, infrastructure-led demand remains strong in developing regions, balancing growth across both aggregate and decorative stone application.
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