In many parts of the world, marble is an important building material that is often overlooked in favour of other stone and wood materials, but the fact that it is such an important architectural piece has attracted a great deal of interest from developers in recent years.
According to new research from architects and builders at the University of Queensland, it may also be an attractive building material for the future as building materials in general have more value in the future than in the present.
In a paper published in the Journal of the American Institute of Architects, the researchers say that a growing number of architects and developers are interested in marble floorings and they believe that this could result in significant increases in the quality of the residential flooring market.
“A large part of the current marble floor market in the United States is based on the fact the majority of these floors are manufactured in China and China is very dependent on marble as a building material,” said researcher Dr. Mark Blythe.
“The amount of marble in the U.S. is just astounding and I think this will be a major factor in how quickly we will see a dramatic increase in the demand for marble floor materials.
However, the value of this flooring is still largely dependent on the materials that are used and the fact there is no uniformity of materials.
This makes it a highly variable product.
With a lack of uniformity in marble floors in the market, it’s very difficult for companies to make informed decisions about how much of their revenues they will receive in the marketplace.”
The researchers conducted an analysis of the amount of money the U, Queensland and New Zealand marble industry received from the United Nations in 2016 and compared that to the amount the flooring industry actually spent on marble.
The results showed that the U Queensland marble industry, which is also the largest marble producer in the world by volume, received just $1.4 million in U.N. funding in 2016.
A further analysis of data from the International Association of Marble Makers revealed that a significant proportion of the marble used in the marble industry in New Zealand is imported and that the bulk of the imported marble used is imported from China.
Dr Blythere said the increasing demand for flooring from developers and developers could potentially cause a shift in the industry as more marble floors are needed and the demand is there for the same materials that were previously used in marble production.
“Developers need marble because they can’t compete on price in the domestic market and they have to be competitive on a global level,” Dr Blythus said.
“This is why it’s important to keep an eye on the supply of the same marble in China.
It’s really important for us to understand the demand in order to make better decisions.”
If the demand was greater, the U and New South Wales marble industries could potentially become significantly more profitable.
For example, the amount that the New South Welsh marble industry earned in international revenue was $5.3 million and the U Australian marble industry was worth $5 million.
However, a significant amount of this revenue was from domestic marble producers, so the researchers believe that the amount spent on imported marble could be much greater.
“The domestic marble industry is dependent on imported and domestic marble supply from China and so if demand were greater than imported marble, the domestic marble industries would have to rely on imports and it would mean that the domestic producers would have less money to spend on their domestic marble production,” Dr. Blyhe said.
“This is something that we need to be very careful about because the domestic manufacturers can also be affected by the demand.”
In addition, the increased demand for stone flooring could have an impact on the cost of marble, which could increase the cost to build homes.
If developers and builders were to seek to obtain cheaper marble from China, the price would have an effect on their profitability and this would impact the amount they are willing to spend in the international marble market.
As a result, it is likely that the demand will likely continue to grow and the amount marble is produced will continue to increase, increasing the price for marble.