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Mineral & Phosphate Mining in the US - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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Good prospects: Revenue will increase as consumer spending improves



Abstract

Mineral & Phosphate Mining in the US

Despite its resilience, the Mineral and Phosphate Mining industry has underperformed many other mining industries in its sector, having been influenced by steady growth in import penetration, subdued export demand and weak demand in many domestic downstream industrial and agricultural markets. However, revenue increased over the current five-year period, as overall demand and improving economic conditions boosted the industry's performance. In the coming years, the industry is expected to benefit from increased global demand for its products.

Operators in this industry primarily mine, mill and beneficiate nonmetallic minerals. The principal industry products and activities are potash and soda, as well as borate mineral mining; phosphate rock mining; mining other chemicals and mineral fertilizers (e.g. rock salt, native sulfur and barite); and other nonmetallic mineral mining (e.g. diatomite, gypsum, mica, pumice and talc).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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ref:plp2016

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