The Business
Research Company’s latest report Mineral Products Global Market Report 2020
covers Mineral Products market drivers, Mineral Products market trends, Mineral
Products market segments, Mineral Products market growth rate, Mineral Products
market major players, and Mineral Products market size. The report provides
in-depth analysis of the impact of COVID-19 on the Mineral Products industry,
along with revised market numbers due to the effects of the coronavirus.
View Complete Report:
Mineral Products Global Market Report 2020 is the most
comprehensive report available on this market and will help gain a truly global
perspective as it covers 60 geographies. The chapter on the impact of COVID-19
gives valuable insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The chapter also covers
markets which have been positively affected by the pandemic.
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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.
The global mineral products market is segmented by type into
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
into construction, manufacturing, others. Subsegments covered are cement
manufacturing, ready-mix concrete manufacturing, concrete pipe, brick, and
block manufacturing, other concrete product manufacturing, flat glass,
container glass, glassware & other glass products, pottery, ceramics, and
plumbing fixture manufacturing, clay building material and refractories
manufacturing, lime product manufacturing, gypsum product manufacturing.
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