Nonmetallic Mineral Product Manufacturing
Companies in this industry manufacture clay products and refractories, glass and glass products, cement and concrete products, lime and gypsum products, and abrasives and other nonmetallic mineral products. Major companies include 3M, Guardian Industries, and Kohler (all based in the US), as well as AGC and Noritake (both based in Japan), CRH (Ireland), Holcim (Switzerland), Knauf (Germany), RHI Magnesita (Austria), and Saint-Gobain (France).
Nonmetallic mineral products include cement, ceramics, glass, and lime products. Global cement production reached more than 4 billion tons in 2020, according to Statista. In the US, revenue for the manufacture of other nonmetallic mineral products is expected to reach about $280 billion in 2021, while revenue in China is expected to reached about $2 trillion.
The US nonmetallic mineral products industry includes about 15,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $130 billion. Coverage of key components of the nonmetallic mineral product manufacturing industry can be found in the following industry profiles: Abrasives Manufacturing, Cement & Concrete Product Manufacturing, China & Earthenware Plumbing Fixture Manufacturing, Clay Product & Refractory Manufacturing, and Glass & Glass Product Manufacturing.
Demand is driven by industrial production and construction spending. Profitability depends on efficient operations, as many products are essentially commodities that compete primarily on price. Large companies have advantages of scale in purchasing and the ability to invest in equipment and technology that improve efficiency. Small companies can compete by offering specialized products, or by serving local markets. Overall, the industry in the US is fragmented: the top 50 companies account for about 45% of industry revenue.
Products, Operations & Technology
Major product groups include cement and concrete products; glass and glass products; and abrasives, cut stone, and mineral wool. Ready-mix concrete accounts
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms