Industry Analysis & Industry Trends
The Rock, Limestone and Clay Mining industry is expected to generate revenue of $3.33 billion in 2012-13, compared with $3.25 billion in 2007-08. Industry revenue is expected to expand by 5.1% in 2012-13, building on the gains of the previous two years. The large increase in industry revenue expected for 2012-13 reflects the expected pick up in construction activity and growing demand for rock of various types. Non-dwelling construction is expanding particularly strongly. Despite this large gain, growth for the five years through 2012-13 is expected to be a slow 0.5% per year due to sharp declines in 2009-10 and 2008-09. The industry's share of GDP is expected to be about 0.1% in 2012-13 and it is expected to make a profit of $259.7 million... purchase to read more
Industry Report - Starting a New Business Chapter
A major barrier to entry to the Rock, Limestone and Clay Mining industry is the degree of vertical integration of the major participants, each of which are substantial producers in the industries using construction materials: ready-mixed concrete, asphalt and bricks.
Large amounts of capital, millions of dollars, are also required to establish substantial quarries. In some markets, for example dimension stone, gaining customer acceptance of the product can also pose a barrier to entry. Dimension stone, which is typically used in decorative applications, has a much higher level of product differentiation than crushed rock, limestone or brick clay... purchase to read more