Other non-metallic mineral product manufacturing industry comprises companies involved in abrasive product manufacturing, cut stone and stone product manufacturing, ground or treated mineral and earth manufacturing, mineral wool manufacturing, and all other miscellaneous non-metallic mineral product manufacturing. It also includes manufacturing of cloth coated, diamond dressing wheels, polishing wheels, sandpaper and silicon carbide abrasives. Abrasives are classified into three types, namely coated, bonded and super abrasives. They are commonly used in buffing, drilling, honing, cutting, grinding, sanding, polishing, and sharpening applications. Mineral wool is widely used in thermal insulation of large pipes, tanks and vessels, boilers and turbines, and fire and acoustic insulation in ships and oil rigs.
Other Non-Metallic Mineral Product Manufacturing Global Market Size
The global other non-metallic mineral product manufacturing market was valued at $560.9 billion in 2017. Asia Pacific was the largest geographic region accounting for $368.6 billion or 67.8% of the global market. China was the largest country accounting for $222.0 billion or 39.6% of the global other non-metallic mineral product manufacturing market.
Other Non-Metallic Mineral Product Manufacturing Global Market Trend
Many other non-metallic mineral product manufacturers are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG) in 2015, 1.2 million industrial robots are expected to be deployed by 2025 , thus indicating rise in automation and robotics technology adoption to improve productivity and reduce production costs.
The companies covered are Compagnie de Saint-Gobain S A, 3M Company, Asahi Glass Co Ltd, and Lafargeholcim Ltd.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.