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Sand & Gravel Mining in the US - Industry Market Research Report

  • July 2017
  • 38 pages
  • Ibisworld
Report ID: 198608

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Sand castle: Recovery in the construction markets will benefit industry performance

Abstract

Sand & Gravel Mining in the US

The Sand and Gravel Mining industry principally mines and undertakes basic processing of sand and gravel used for construction aggregates and industrial applications such as road building, landscaping, snow and ice control and petroleum extraction. The industry also undertakes the extraction and primary processing of clay and refractory products for use in downstream manufacturing applications. Domestic sand and gravel production is expected to rise over the five years to 2017, mirroring industry revenue growth. A steep rise in hydraulic fracturing activity, or "fracking," to drill for oil and gas also significantly increased demand for industrial sand since it is used to prop open fissures in the rock, contributing to the industry’s expansion over the period. Revenue growth is expected to stabilize as the economy grows.

Over the five years to 2022, industry revenue is forecast to rise as public sector investment in the highway and bridge construction market grows.

This industry comprises operators involved in mining and quarrying sand (construction and industrial) and gravel, along with clays, and ceramic and refractory minerals. Industry activity may include the beneficiation of these minerals by washing, screening and otherwise preparing the mined sand, gravel and clays.

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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