The global mineral market is expected to grow from $881.71 billion in 2020 to $971.58 billion in 2021 at a compound annual growth rate (CAGR) of 10.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1262.48 billion in 2025 at a CAGR of 7%.
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The mineral market consists of sales of mineral products by entities (organizations, sole traders and partnerships) that offer products such as bricks, refractories, ceramic products, and glass and glass products. This market also includes cement and concrete products, lime, gypsum and other nonmetallic mineral products including abrasive products, ceramic plumbing fixtures, statuary, cut stone products, and mineral wool. The mineral market is segmented into cement and concrete products; glass and glass products; other non-metallic mineral products; clay products and refractories; and lime and gypsum products.
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The mineral market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the mineral market are Lafargeholcim Ltd; CRH Plc; Cemex SAB de CV; HeidelbergCement AG; Compagnie de Saint-Gobain SA.
The global mineral market is segmented –
1) By Type: Cement And Concrete Products, Glass And Glass Products, Other Non-Metallic Mineral Products, Clay Products And Refractories, Lime And Gypsum Products
2) By End Use: Construction, Manufacturing, Others
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The mineral market report describes and explains the global mineral market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The mineral report evaluates the market across each region and for the major economies within each region.
The countries covered in the global mineral market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global mineral market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Mineral Market Characteristics
- Mineral Market Product Analysis
- Mineral Market Supply Chain
- Key Mergers And Acquisitions In The Mineral Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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