Nonmetallic Mineral Product Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry manufacture clay products and refractories, glass and glass products, cement and concrete products, lime and gypsum products, and abrasives and other nonmetallic mineral products. Major companies include 3M, Guardian Industries, and Kohler (all based in the US), as well as AGC and Noritake (both based in Japan), CRH (Ireland), Holcim (Switzerland), Knauf (Germany), RHI Magnesita (Austria), and Saint-Gobain (France).
Demand is driven by industrial production and construction spending. Profitability depends on efficient operations, as many products are essentially commodities that compete primarily on price. Large companies have advantages of scale in purchasing and the ability to invest in equipment and technology that improve efficiency. Small companies can compete by offering specialized products, or by serving local markets. Overall, the industry in the US is fragmented: the top 50 companies account for about 45% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major product groups include cement and concrete products; glass and glass products; and abrasives, cut stone, and mineral wool. Ready-mix concrete accounts for about 25% of industry revenue, followed by portland cement and other portland hydraulic cements and specialized glass (each about 10%), and precast concrete products, glass containers, and gypsum plaster building boards and lath (each accounting for about 5%). Companies also manufacture clay products and refractories; lime and gypsum products; and other nonmetallic mineral products.
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