The general mineral mining industry includes establishments involved in mining construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals. This market also includes companies carrying out potash, soda and borate mineral, phosphate rock, and other chemical and fertilizer minerals mining.
The global general mineral mining market is valued at $128 billion in 2017 due to increased demand for non-metallic minerals such as limestone and gypsum.
In the report, the global general mineral mining market is divided into twenty one segments. Potash was the largest segment in the general mineral mining market in 2017, accounting for nearly, one-fifth of the market. Salt was the second largest segment accounting for more than 10% of the market and the remaining 70% share is occupied by the other nineteen segments namely, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Diamond and others.
The USA was the largest country in the general mineral mining market in 2017, accounting for nearly one-fifth of the market share. This can be attributed to country’s large construction and chemical manufacturing industry driving the market for construction sand, industrial sand, chemicals and fertilizers. China and France followed the USA as the next largest countries in the market.
The general mineral mining market is fragmented with a number of small mining organizations. The top five competitors in the market made up 28 % of the total market in 2017. CRH Plc was the largest competitor of the market, followed by Israel Corporation Ltd. and The Mosaic Company. CRH Plc was incorporated on June 20, 1949 and is a building materials company. The Company manufactures and distributes a variety of products servicing the construction needs, from providing heavy materials and elements to construct the frame, to fitting out the interior space and improving the exterior environment and distribution channels which service construction fit-out and renewal. Headquartered in Dublin, Ireland, the company has 87,000 employees globally.
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