SIC 3281 - Cut Stone And Stone Products
Establishments primarily engaged in cutting, shaping, and finishing granite, marble, limestone, slate, and other stone for building and miscellaneous uses. Establishments primarily engaged in buying or selling partly finished monuments and tombstones, but performing no work on the stones other than lettering, finishing, or shaping to custom order, are classified in Division F, Wholesale Trade or Division G, Retail Trade. The cutting of grindstones, pulpstones, and whetstones at the quarry is classified in Division B, Mining.
Industry trends:
The Cut Stone and Stone Products industry (NAICS 3281) is experiencing several notable qualitative trends. One of the most significant trends is the increasing demand for sustainable and eco-friendly stone products. Consumers and businesses alike are becoming more environmentally conscious, which is driving the industry towards adopting greener practices and sourcing materials that have a lower carbon footprint.
In addition to sustainability, technological advancements are playing a crucial role in transforming the industry. Innovations in automation and robotics are improving precision in cutting and shaping stone, which not only enhances product quality but also reduces production time and costs. Furthermore, digitalization and the use of 3D modeling software allow for more intricate and customized designs, catering to a growing market for bespoke stone products in architecture and interior design.
There is also a resurgence in the popularity of natural stone due to its aesthetic appeal and durability. This trend is particularly evident in residential and commercial construction projects where there is a preference for natural materials that convey luxury and timelessness. As a result, market forecasts suggest a steady growth rate in the near future, supported by a buoyant construction sector and increasing investments in infrastructure projects that utilize stone products.
Overall, the Cut Stone and Stone Products industry is poised for moderate growth, driven by sustainability trends, technological advancements, and a continued preference for natural stone in various applications. Companies that can adapt to these trends and innovate in their production processes are likely to gain a competitive edge in the market.
This industry is comprised of:
Altars, cut stone
Baptismal fonts, cut stone
Benches, cut stone
Blackboards, slate
Burial vaults, stone
Church furniture, cut stone
Curbing, granite and stone
Cut stone products
Desk set bases, onyx
Dimension stone for buildings
Flagstones
Furniture, cut stone
Granite, cut and shaped
Lamp bases onyx
Limestone, cut and shaped
Marble, building cut and shaped
Monuments, cut stone: not including only finishing or lettering
Paving blocks, cut stone
Pedestals, marble
Pulpits, cut stone
Roofing, slate
Slate and slate products
Statuary, marble
Stone, cut and shaped
Stone, quarrying and processing of own
Stone products
Switchboard panels, slate
Table tops, marble
Tombstones, cut stone: not including only finishing or lettering
Urns, cut stone
Vases, cut stone
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- Net Sales
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- Total Assets
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