Industry Analysis & Industry Trends
The Rock, Limestone and Clay Mining industry is estimated to generate revenue of $3.4 billion in 2013-14, up from $3.3 billion in 2008-09 at an annualised 0.8% for the five years. Industry revenue is expected to expand by 3.2% in 2013-14, building on the gains of the previous two years. This growth reflects the expected pick up in construction and building activity and growing demand for rock, stone and clay. Total construction activity has increased due to growth in infrastructure development, residential unit construction and road construction projects that use industry products. Despite this large gain, growth for the five years through 2013-14 is expected to be low due to a sharp decline in 2009-10 and a small fall in 2010-11.
The industry produces a wide range of products... purchase to read more
Industry Report - Industry Products Chapter
The Rock, Limestone and Clay Mining industry's major products are crushed rock and stone; dimension stone (including marble, granite and slate); limestone and clay.
Crushed rock and stone
The largest industry product segment is for crushed rock and stone. These products are used by a wide range of construction and building companies for drainage, ballast, landscape use, erosion control, as a binder for concrete and asphalt, and other applications. IBISWorld estimates these products will account for 49.0% of industry revenue in 2013-14, up from 48.0% in 2008-09 due to increase road construction over these years... purchase to read more