Sand & Gravel Mining in Canada - Industry Market Research Report
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Sand & Gravel Mining in Canada
The Sand and Gravel Mining industry operates mines and quarries that extract natural resources like sand, gravel, clay and other refractory minerals. In the past five years, oil and gas extraction companies have become sizeable buyers of industry products as they use industrial sand in hydraulic fracturing, or “fracking,” a process to extract oil and gas deposits from shale rock formations. Federal funding for infrastructure projects has driven growth in the industry and will continue to drive growth over the next five years. In addition to growth from construction markets, demand for industrial sand (i.e. silica) in the use of hydraulic fracturing in oil and gas extraction could potentially increase dramatically. However, much of the demand for Canadian industrial sand will depend on natural gas markets in the United States and Canada.
This industry mines or quarries sand and gravel, clays, ceramic and refractory minerals. Industry operators may also wash, screen and otherwise prepare 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.
