On the right path: Investment in road construction should support industry growth

Operators in the Non-Metallic Mineral Product Manufacturing industry manufacture products from a range of minerals, including basalt, asphalt, graphite, vermiculite and carbon. The industry’s key products are asphalt concrete, rock wool insulation and bituminous waterproofing products, which are predominantly used in road construction and building construction and renovation. Therefore, the level of road construction and maintenance, and building construction activity heavily influence demand for industry products.Over the five years through 2018-19, industry revenue is anticipated to increase at a compound annual rate of 0.2%...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Residential construction activity is expected to drive industry growth in the coming years
  • Growing research and development to produce innovative products has supported trade activity
  • Manufacturers of asphalt concrete are expected to benefit from the expansion of major airports
  • Industry Report - Starting a New Business Chapter

    The Non-Metallic Mineral Product Manufacturing industry generally has high barriers to entry, although they vary across the industry. Some of the products manufactured by the industry, such as asphalt concrete and rock wool, require highly specialised machinery and refinery equipment, which adds to start-up costs. The production of asphalt concrete and rock wool also requires large-scale production to be profitable, due the high volume required for road construction and to insulate buildings.There can also be a limited supply of adequate raw materials. For instance, bitumen is a by-product from crude oil refining. It is possible to artificially manufacture bitumen, but this requires high levels of investment into research and development...purchase to read more.

    Additional Insights for the Non-Metallic Mineral Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Non-Metallic Mineral Product Manufacturing Industry are

  • Ability to compete on tender
  • Supply contracts in place for key inputs
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from road and motorway construction and Housing starts in the Non-Metallic Mineral Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Non-Metallic Mineral Product Manufacturing Industry?

    Firms in this industry manufacture a range of non-metallic mineral goods, including friction materials, heat and sound insulation, asphalt products including asphalt concrete, carbon and graphite products for non-electrical use and artificial corundum.

    Industry Products
  • Road construction and resurfacing products
  • Insulation
  • Carbon-fibre, graphite and mixed-fibre products
  • Roofing and waterproofing materials
  • Industry Activities
  • insulation material from minerals, such as vermiculite and basalt
  • asphalt based products, such as asphalt concrete, roofing felt and bituminous paint
  • carbon and graphite fibres and products for non-electrical use
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from road and motorway construction
  • Housing starts
  • Government capital expenditure
  • Capital expenditure on dwellings
  • Demand from commercial building construction

  • Current Performance
  • Insulation
  • Gaining traction
  • Under development
  • Profit and market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Constructing growth
  • Riding the highway
  • Other government assistance
  • Table: Non-Metallic Mineral Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Non-Metallic Mineral Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Aircraft, Engine & Parts Manufacturing
  • Commercial Building Construction
  • Residential Building Construction

  • Key Selling Industries
  • Electricity Supply
  • Petroleum Refining

  • Products & Services
  • Road construction and resurfacing products
  • Insulation
  • Carbon-fibre, graphite and mixed-fibre products
  • Roofing and waterproofing materials
  • Other
  • Chart: Non-Metallic Mineral Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Road construction and surfacing products
  • Insulation, waterproofing and carbon-fibre materials

  • Major Markets
  • Road and motorway construction
  • Housing construction and renovation
  • Commercial building construction
  • Manufacturing
  • Aerospace
  • Other
  • Chart: Major Market Segmentation for the Non-Metallic Mineral Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationRent and utilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Non-Metallic Mineral Product Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Non-Metallic Mineral Product Manufacturing Industry

  • Industry Globalization
    Tarmac UK Holdings Limited, Knauf Insulation Ltd, Rockwool Limited,
  • Table: Tarmac UK Holdings Limited - financial performance
  • Table: Knauf Insulation Ltd - financial performance
  • Table: Rockwool Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Non-Metallic Mineral Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Non-Metallic Mineral Product Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Asphalt Concrete
  • Composite material commonly used to surface roads, parking lots, airports, as well as the core of embankment dams.
  • Carbon Fibre
  • A black silky thread of pure carbon made by heating and stretching textile fibres. Its lightness and strength at high temperatures make it suitable as a reinforcing agent.
  • Diabase
  • A common type of igneous rock
  • Mica
  • Mica is an insulation material commonly used in the electrical industry because of its ability to withstand heat, conduct electricity and withstand high voltage.
  • Mineral Wool
  • Fibres made from natural or synthetic minerals such as fibreglass, rock wool or stone wool and used mainly for thermal insulation and soundproofing.
  • Roofing Felt
  • Bitumen- or tar-impregnated material used to waterproof roofs.
  • Tarmacadam
  • A type of road surfacing material comprised of layers of crush road stone covered in a binding layer of either tar, or binding layer of stone dust.
  • Vermiculite
  • A lightweight mineral that expands into long strands when heated and can be used to manufacture insulation.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Non-Metallic Mineral Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Non-Metallic Mineral Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Non-Metallic Mineral Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Non-Metallic Mineral Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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