United States Onyx Stone Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The Onyx Stone Market in the United States has witnessed a surge in demand due to its versatile use in various industries such as construction, interior design, and even the jewelry market. Onyx stones, prized for their striking colors and patterns, are increasingly sought after for luxury items and high-end residential designs. This demand is driven by industries that require stones with specific characteristics such as durability, beauty, and a high aesthetic appeal.
One of the primary drivers of the Onyx Stone Market is the construction industry. Architects and designers incorporate onyx stones in flooring, countertops, wall cladding, and decorative features to enhance the visual appeal of spaces. The unique appearance of onyx stones, ranging from translucent to vibrant hues, makes them a popular choice for luxury residences, hotels, and commercial establishments.
Additionally, the jewelry industry has tapped into the potential of onyx due to its ability to be shaped into intricate designs and its appeal in statement pieces. Onyx, being relatively easy to carve and polish, is ideal for creating rings, necklaces, bracelets, and other ornamental accessories. This has driven a constant demand from both domestic and international markets looking for unique, high-quality gemstones.
The increasing awareness of natural stone’s role in sustainable and eco-friendly construction has further contributed to the growth of the Onyx Stone Market. As more industries seek to incorporate natural, sustainable materials in their products, onyx, known for its durability and unique aesthetic, fits perfectly within this trend. The demand is also fueled by the rising popularity of custom designs and bespoke products that cater to the premium and luxury markets.
The need for specialized onyx stones has become essential for manufacturers, as industries now require specific grades and sizes of the stone. The onyx market has evolved to meet these demands, ensuring a steady supply for a wide range of applications. As industries continue to expand their use of onyx in both functional and decorative roles, the US onyx stone market is poised to experience continued growth in the coming years.
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The Marble Factory
Ashland
Xiamen Optimum Stone Co.
Ltd.
Project Stone Australia
Kalinga Stone
Custom Marble
K K International
Jiya Crystal and Craft
Onyx Marble & Granite LLC
Mont Surfaces
Stone Design
Eskandari Stone
Marcolini Marmo SpA
Morjan Stone
UK Natural Stone Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Onyx Stone Market
Raw Onyx Stone
Polished Onyx Stone
Onyx Slabs
Onyx Tiles
Construction & Building
Jewelry Making
Interior Decoration
Furniture Manufacturing
Other Applications
Residential
Commercial
Industrial
Direct Sales
Online Sales
Wholesale
Retail
Black Onyx
Green Onyx
Red Onyx
White Onyx
Other Colors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Onyx Stone Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Onyx Stone Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Onyx Stone Market, By Type
6. US Onyx Stone Market, By Application
7. US Onyx Stone Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Onyx Stone Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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