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Sand & Gravel Mining in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 29, 2022
Length 54 Pages
SKU # IBSS17435024

Description

Sand & Gravel Mining in the US - Industry Market Research Report

Sand & Gravel Mining in the US

The Sand and Gravel Mining industry exhibits a low level of market share concentration, with the two largest players, HeidelbergCement AG and CRH PLC, historically dominating the industry. Over the five years to 2019, these operators have held a firm grip on their industry position through various acquisitions.

Consolidation helps boost profit

• Over the five years to 2019, large industry operators have further secured their status by completing small and large mergers and acquisitions. Most notably, Martin Marietta Inc. (Martin Marietta) merged with Texas Industries Inc. in 2014. As a result, Martin Marietta benefited from increased product line diversity, economies of scale and increased market share.

Price points and quality drive internal competition

• Industry competition is based principally on product pricing and the capacity to supply customers with desired quantities. Production is geographically dispersed in locations close to the raw material deposits and end users. The low unit value of the industry's product and the relatively high transportation costs severely limit the economically efficient threshold of product delivery; hence, the location of the quarry or mine can significantly influence the price of products. The level of competition within local markets is considered to be intense and the trend toward the consolidation of ownership is understood to have heightened industry competition over the past decade.

This industry comprises operators involved in mining and quarrying sand and gravel, along with clays, and ceramic and refractory minerals. Industry activity may include the beneficiation of these minerals by washing, screening and otherwise preparing 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.

Table of Contents

54 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
How Do Licenses Work?
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