Global Mineral Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
22 Apr, 2021
The mineral market consists of sales of mineral products by entities (organizations, sole traders and partnerships) that offer products such as bricks, refractories, ceramic products, and glass and glass products. This market also includes cement and concrete products, lime, gypsum and other nonmetallic mineral products including abrasive products, ceramic plumbing fixtures, statuary, cut stone products, and mineral wool.
Global Mineral Market Size And Drivers:
The global mineral market is expected to grow from $881.71 billion in 2020 to $971.58 billion in 2021 at a compound annual growth rate (CAGR) of 10.2%. The market is expected to reach $1.26 trillion in 2025 at a CAGR of 7%.
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Trends In The Global Mineral Market
Advanced ceramics are cost effective and are considered to be better alternatives to metals, plastics and glass because of their ability to offer better performance. Advanced Ceramics are identified by their high chemical purity and careful processing. It is used as thermal barrier coating in hot part of engines, ceramic composite, thermal protection system, and engine components and even in sensors and antennas.
Global Mineral Market Segments:
The global mineral market is further segmented based on type, end use and geography.
By Type: Cement And Concrete Products, Glass And Glass Products, Other Non-Metallic Mineral Products, Clay Products And Refractories, Lime And Gypsum Products.
By End Use: Construction, Manufacturing, Others.
Subsegments Covered: Cement, Ready-Mix Concrete, Concrete Pipe, Brick, And Block, Other Concrete Products, Flat Glass, Container Glass, Glassware & Other Glass Products Pottery, Ceramics, And Plumbing Fixtures, Clay Building Material And Refractories, Lime Products, Gypsum Products.
By Geography: The global mineral market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global mineral market, accounting for 39% of the total market.
Read More On The Report For The Global Mineral Market At:https://www.thebusinessresearchcompany.com/report/mineral-global-market-report
Mineral Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides mineral market overviews, analyzes and forecasts market size and growth for the global mineral market, mineral market share, mineral market players, mineral market segments and geographies, mineral market’s leading competitors’ revenues, profiles and market shares. The mineral market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.