Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing in Australia - Industry Market Research Report
Description
Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing in Australia
Operators in the Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing industry have faced mixed trading conditions over the past few years. The industry's products are mainly used in construction and manufacturing, exposing the industry to volatility in these downstream markets. The COVID-19 pandemic has significantly affected residential and non-residential construction over the past three years, with economic uncertainty and lengthy lockdown periods reducing demand in these critical downstream industries. As a result, industry revenue is expected to decline at an annualised 1.9% over the five years through 2022-23, to $2.4 billion. This includes an anticipated 2.8% fall in the current year, largely due to reduced demand from downstream construction markets.
Industry firms manufacture glass wool insulation products; processed stone products; other non-metallic mineral products, such as agricultural or hydrated lime; and natural and synthetic abrasives. Manufacturing headstones and monuments from concrete is not included in the industry.
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.
Operators in the Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing industry have faced mixed trading conditions over the past few years. The industry's products are mainly used in construction and manufacturing, exposing the industry to volatility in these downstream markets. The COVID-19 pandemic has significantly affected residential and non-residential construction over the past three years, with economic uncertainty and lengthy lockdown periods reducing demand in these critical downstream industries. As a result, industry revenue is expected to decline at an annualised 1.9% over the five years through 2022-23, to $2.4 billion. This includes an anticipated 2.8% fall in the current year, largely due to reduced demand from downstream construction markets.
Industry firms manufacture glass wool insulation products; processed stone products; other non-metallic mineral products, such as agricultural or hydrated lime; and natural and synthetic abrasives. Manufacturing headstones and monuments from concrete is not included in the industry.
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.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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