Granite Market to Hit USD 24.03 Billion by 2031 with Asia-Pacific Accounting for 48.7% of the Market Revenue, Says Mordor Intelligence

ملخص مفصل

HYDERABAD, India, Nov. 12, 2026 /PRNewswire/ -- According to Mordor Intelligence, the granite industry size is expected to expand from USD 18.94 billion in 2025 to USD 19.52…

HYDERABAD, India, Nov. 12, 2026 /PRNewswire/ -- According to Mordor Intelligence, the granite industry size is expected to expand from USD 18.94 billion in 2025 to USD 19.52 billion in 2026, reaching USD 24.03 billion by 2031 at a 4.25% CAGR during 2026–2031. Market growth is supported by continued demand for granite across residential, commercial, infrastructure, and monumental projects, where durability, heat resistance, UV stability, and long service life are valued. Buyers are also placing greater emphasis on consistent quality, precise fabrication, surface finishing, traceability, and dependable supply.

Granite continues to find strong demand in commercial and infrastructure projects because of its durability, long service life, and ability to withstand heavy use. It is widely used for flooring, cladding, paving, entrances, public buildings, transport facilities, and commercial interiors. Growing project requirements for consistent quality, customized finishes, timely delivery, and reliable installation are also creating opportunities for organized granite processors and suppliers.

Granite is gaining demand for residential renovation projects, particularly for premium kitchens, bathrooms, flooring, and outdoor spaces. Homeowners often prefer granite for its durability, heat resistance, long service life, and natural appearance. Growing interest in high-quality finishes and long-lasting surfaces is supporting its use in renovation projects where buyers value both aesthetics and performance.

Granite remains attractive for applications that require durable, long-lasting surfaces with minimal maintenance. Its resistance to moisture, heat, and regular wear makes it suitable for kitchens, bathrooms, flooring, and other high-use areas. Growing attention to material safety and responsible processing is also encouraging suppliers to adopt better waste-management and fabrication practices.

Jayveer V, Senior Research Manager, Mordor Intelligence says, "Mordor Intelligence…

مطلع المقال، مقتطف من PR Newswire. لقراءة المقال كاملًا، افتحه على موقع الناشر.