Press release
Covid-19 Impact On Global Mineral Products Market Size, Share, Growth, Trends, Opportunities and Forecast 2020-2030
Global Mineral Products Market Report
The global mineral products market is expected to decline from $985.9 billion in 2019 to $865.5 billion in 2020 at a compound annual growth rate (CAGR) of -12.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $1114.1 billion in 2023.
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The mineral product manufacturing 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, such as plate glass and containers. 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.
Advanced ceramics are cost effective and are considered to be better alternatives to metals, plastics and glass because of their ability to offer better performance. Advanced Ceramics are identified by their high chemical purity and careful processing. It is used as thermal barrier coating in hot part of engines, ceramic composite, thermal protection system, engine components and even in sensors and antennas. For instance, the advanced ceramics market is expected to grow from $7.15 Billion in 2015 to $10.41 Billion in 2021, at a compound annual growth rate of 6.5%, thus indicating an increase in the usage of advanced ceramics.
Mineral Products Market Segmentation: -
By Type
Cement And Concrete Product Manufacturing
Glass And Glass Product Manufacturing
Other Non-Metallic Mineral Product Manufacturing
Clay Product And Refractory Manufacturing
Lime And Gypsum Product Manufacturing
By End Use
Construction
Manufacturing
Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Mineral Products Market Characteristics
4. Mineral Products Market Product Analysis
5. Mineral Products Market Supply Chain
.......
20. Mineral Products Market Competitive Landscape
21. Key Mergers And Acquisitions In The Mineral Products Market
22. Market Background: Metal And Mineral Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the Mineral Products Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Mineral Products Market are Lafargeholcim Ltd; CRH Plc; Cemex SAB de CV; HeidelbergCement AG; Compagnie de Saint-Gobain SA
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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