Mineral Products Market Collaborations, Acquisition and Merger- Forecast to 2030 | Lafargeholcim Ltd, CRH Plc, Cemex SAB de CV

Global Mineral Products Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

According to the study, 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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Key Players:

Lafarge Holcim Ltd (SWX: LHN); CRH PLC (LON: CRH); Cemex SAB de CV ADR (NYSE: CX); HeidelbergCement AG (ETR: HEI); Compagnie de Saint Gobain SA (EPA: SGO), request a sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

The Asia Pacific was the largest region in the global mineral products market, accounting for 38% of the market in 2019. Western Europe was the second largest region accounting for 24% of the global mineral products market. Africa was the smallest region in the global mineral products market.

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 a thermal barrier coating in the hot parts 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.

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.

Markets Covered:
1) 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
2) By End Use: Construction; Manufacturing; Others

Market Segment by Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

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Frequently Asked Questions about “Mineral Products market” :

What will the Mineral Products market size/ forecast be in 2025?
What is the growth rate (CAGR) of the Mineral Products market?
Who are the key players/top companies in the Mineral Products market?
What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Mineral Products market?
What are the challenges to growth and the new opportunities in the Mineral Products market?
Which is the highest growing region or country for the Mineral Products market?
Which is the top growing segment/application/end-user industry?
What will be the impact of COVID-19 Pandemic (Coronavirus) on the industry?

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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This release was published on openPR.