The Business Research Company’s Stone Mining And Quarrying Global Market Report 2020-30: COVID-19 Impact And Recovery
LONDON, GREATER LONDON , UK, June 23, 2021 /EINPresswire.com/ — Growth in the historic period resulted from increase in demand for natural stones, strong economic growth in emerging markets, increase in production capacities, low-interest rate environment. The market was restrained by fatal accidents in mining, reduction in free trade, geo-political tensions. Going forward, government policies, growing capital expenditure on infrastructure development, increasing construction activities, improved logistics infrastructure will drive the growth of the stone mining quarrying market.
The stone mining and quarrying market consists of sales of stone by entities (organizations, sole traders and partnerships) that mine and quarry dimension stone such as rough blocks or slabs of stone and crushed and broken stone. It also comprises stone beneficiating activities such as crushing, grinding, washing, screening, pulverizing, and sizing.
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The global stone mining and quarrying market growth is expected to go from $8,058.8 million in 2020 to $11,146.7 million in 2025 at a rate of 6.7%. Asia Pacific is the largest region in the global stone mining and quarrying market, accounting for about 58% of the market in 2020. Western Europe is the second largest region accounting for about 26% of the global stone mining and quarrying global market. South America is the smallest region in the global stone mining and quarrying market.
TBRC’s stone mining and quarrying market report is segmented by type into dimension stone mining, crushed stone mining, by organization size into large enterprises, small and medium enterprises.
The major players covered in the stone mining industry are Vulcan Materials Company, Martin Marietta Aggregates Inc, Cemex SAB de CV, Carmeuse Lime & Stone Inc, Adelaide Brighton Ltd.
Stone Mining And Quarrying Global Market Report 2020-30: Covid 19 Impact And Recovery is one of a series of new reports from The Business Research Company that provides stone mining and quarrying market overview, forecast stone mining and quarrying global market size and growth for the whole market, stone mining and quarrying market segments, and geographies, stone mining and quarrying global market trends, stone mining and quarrying global market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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