General Minerals Market Recovers From Impact Of COVID-19 At 21% Growth Rate Through 2025
The Business Research Company Global Minerals Market Report 2021: Impact of COVID-19 and Recovery to 2030
LONDON, GREATER LONDON, UK, Aug 27, 2021 /EINPresswire.com/ – According to the TBRC 2021 General Mining Report, the size of the global general minerals market is expected to grow by $ 1.43 trillion in 2020 to $ 1.57 trillion in 2021 in a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 3.32 trillion in 2025 at a CAGR of 21%.
Major players in general mineral industry include CRH Plc, Israel Corporation Ltd, The Mosaic Company, OCP SA, PotashCorp.
Mining companies use advanced geosynthetic clay coatings 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 permeability than conventional clay coatings. Other advantages of GCL include easy installation, better hydraulic performance, and resistance to varying weather conditions. The main companies offering SCMs are CETCO, GSE, Elcoseal, Terrafix and Tencate.
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The general minerals market includes the sales of general minerals by entities (organizations, sole proprietorships and partnerships) that extract construction sand and gravel, industrial sand, kaolin and synthetic clay, clay and ceramic and refractory minerals, potash, soda and borate, phosphate rock extraction or other chemical minerals and fertilizers.
The global general minerals market is segmented by type into other general minerals, potash, salt, magnesite, sulfur, kaolin, asbestos, feldspar, boron, gypsum, talc, graphite, barite, bentonite, diatomite, lithium, selenium, perlite, vermiculite , arsenic and depending on the size of the organization in large companies, small and medium enterprises. Sub-segments include Flake Graphite, High Vermiculite Flakeless Graphite, Fine and Finer Grade Vermiculite, Medium Grade Vermiculite.
General Minerals Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is part of a series of new reports from The Business Research Company that provides a general overview of the minerals market, a forecast of the market size and growth general minerals market, the general minerals market segments and geographies, general minerals market trends, general minerals market drivers, restraints, revenues, profiles and market shares of major competitors.
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Here is a list of similar reports from the Business Research Company:
Global Mining Market Report 2021 – By Type (Mining Support Activities, General Minerals, Stones, Copper, Nickel, Lead & Zinc, Metal Ore, Coal, Lignite & Anthracite), Impact & COVID-19 recovery
Global Metals and Minerals Market Report 2021 – By Type (Minerals, Metals, Metal Products), Impact and Recovery of COVID-19
Global Mineral Products Market Report 2020 – By Type (Cement and Concrete Product Manufacturing, Glass and Glass Product Manufacturing, Other Non-Metallic Mineral Product Manufacturing, Clay and Refractory Product Manufacturing, lime and gypsum products), by end use (construction, manufacturing), impact and recovery of COVID-19
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