Industry Analysis & Industry Trends
The Gravel and Sand Quarrying industry produces raw materials that are mainly used in construction products and landscaping supplies. The industry's performance has been subdued over the past five years, largely due to low building construction growth and weak demand from concrete manufacturing companies. In particular, difficult operating conditions in 2012-13 and 2014-15 affected the industry's growth rate, as the activity in some construction industries slowed. Additionally, the reduced public sector spending on heavy industry and other non-building construction over the past five years has resulted in lower sand and gravel demand from this market.
Industry revenue is projected to increase by an annualised 1.7% over the five years through 2016-17, to $688.5 million... purchase to read more
Industry Report - Industry Products Chapter
The two main product groups quarried by the industry are sand, and gravel and pebbles. These two product groups are estimated to account for 73.5% and 26.5% of industry revenue, respectively, in 2016-17. The sand segment is broken down further into construction sand, fine sand and specialty sand.
Construction sand comprises rock and mineral particles (mainly quartz) that measure up to five millimetres in diameter. Construction sand is used mainly as fine aggregate in the manufacture of concrete and mortar. In this application, sand is often marketed in various sizes. Other major uses for construction sand include the manufacture of sand-lime bricks and filling or packing applications... purchase to read more