General Minerals Global Market To Reach Value Of About $332 Billion In 2025
24 Mar, 2021
The general minerals market consists of sales of general minerals by entities (organizations, sole traders and partnerships) that mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. The general minerals market is segmented into potash, salt, magnesite, sulfur, kaolin, asbestos, feldspar, boron, gypsum, talc, graphite, baryte, bentonite, diatomite, lithium, selenium, perlite, vermiculite, arsenic, diamond and other general minerals.
Global General Minerals Market Size And Drivers:
The global general minerals market is expected to grow from $143.4 billion in 2020 to $157.3 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The market is expected to reach $331.69 billion in 2025 at a CAGR of 21%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
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Trends In The Global General Minerals Market
Mining companies are using advanced geosynthetic clay liners to prevent leakage and corrosion in mining operations. GCLs are geotextile and bentonite composites used in environmental containment applications. Advanced GCLs have higher chemical compatibility, slope stability, composite construction, swelling capacity and lower permeability than conventional clay liners.
Global General Minerals Market Segments:
The global general minerals market is further segmented based on type, organization size and geography.
By Type: Other General Minerals, Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic.
By Organization Size: Large Enterprises, Small And Medium Enterprises.
Subsegments Covered: Flake Graphite, Non-Flake Graphite Large Grade Vermiculite, Fine And Finer Grade Vermiculite, Medium Grade Vermiculite.
By Geography: The global general minerals market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, the Asia Pacific is the largest region in the global general minerals market, accounting for 26% of the total market.
Read More On The Report For The Global General Minerals Market At:https://www.thebusinessresearchcompany.com/report/general-minerals-global-market-report
General Minerals Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides general minerals market overviews, analyzes and forecasts market size and growth for the global general minerals market, general minerals market share, general minerals market players, general minerals market segments and geographies, general minerals market’s leading competitors’ revenues, profiles and market shares. The general minerals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.