Stone Mining in the US
The Stone Mining industry is firmly cemented in the US economy, producing materials for a wide range of construction industries. This has remained consistent over the five years to 2018, and IBISWorld expects that the industry's continued importance as a primary supplier of stone products will benefit operators. The construction of infrastructure, housing and commercial buildings has boomed during the five-year period, boosting demand for industry products. Over the five years to 2023, industry revenue is forecast to climb. This growth is expected to come from continued demand for commercial and residential construction, as well as from large increases in infrastructure spending for road, street and highway construction.
Operators in this industry develop mine sites; mine and quarry dimension stone (i.e. rough blocks or slabs of stone); mine and quarry crushed and broken stone, such as granite and limestone; or beneficiate stone by crushing, grinding, washing, screening, pulverizing and sizing.
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.
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