Dimension Stone Market in the US to Reach $3.4 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Granite, Marble & Stone markets. The global stone sector is driven by international trade, particularly by the trends in construction industry and real estate markets. In 2008, financial crisis induced in the US due to sub-prime mortgage issue spread beyond the borders to impact economies across the world. Uncertain economic conditions adversely affected the availability of credit, unemployment rate, consumer confidence and lending practices. All this had a severe impact on the construction industry and in turn had a significant affect on the global demand for building materials, including stone.

Granite, Marble & Stone: A US Market Report

Stone industry in the US is cyclical in nature, as it depends on activities in the residential, commercial, public infrastructure and other construction markets. Slowdown in the US residential construction market experienced over the recent years has led to the decline in crushed and dimension stone consumption levels. The fall in demand for construction aggregates has continued even in 2009 owing to the economic crisis. Decline in consumer spending owing to the financial crisis also had an impact on various market segments including home improvement, new home construction, as well as new prestige markets. In the long term, private and public construction activities are likely to boost the demand for construction aggregates, along with other construction related activities associated with security and safety measures employed across the country.

The US dominates the global dimension stone market as stated by the new market research report on granite, marble & stone. Georgia, Indiana, Massachusetts, Vermont and Wisconsin are the five major stone producing States in the US. Georgia, Illinois, Missouri, Pennsylvania and Texas are the five major crushed stone producing States in the US.

The granite industry is turning into an increasingly complicated and capital-intensive industry. Apart from investing in modern and costly machinery for stone processing, companies are being driven towards investing in advanced technology for extraction of raw materials, as well as in highly expensive infrastructure ventures such as establishing warehouses of their own to be nearer to their clients. Nevertheless, such strategic moves emphasize on the need for improved management skills.

Key players profiled in the report include American Marazzi Tile, Inc., Benchmark, CaesarStone, Cambria, CCM Enterprises, Craig Baker Marble Co., Inc., Dakota Granite Company, Dal-Tile International, Inc., Duracite, Inc., Precision Countertops, Inc., RockSolid Granit USA Inc, U.S. Stoneworks, Inc., and Vangura Surfaces Products, Inc. among others.

The report titled "Granite, Marble & Stone: A US Market Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in value sales for the United States. Other key regional markets discussed in the report include Canada, Italy, Spain, Russia, China, India, Pakistan, Turkey, Brazil, Mexico, Egypt, and South Africa, among others. The study also analyzes the US Granite, Marble & Stone market by the following product segments - Crushed Stone, and Dimension Stone (Granite, Marble, and Other Stones).

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Granite_Marble_and_Stone_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/

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