Digging deep: Reduced industry demand due to COVID-19 has decreased revenue
Gravel and sand quarrying produces raw materials that are mainly used in glass and cement product manufacturing, and construction services. Mixed demand trends, declines in building construction over the past five years and the negative effects of COVID-19 have reduced industry revenue. Furthermore, falls in glass and glass product manufacturing, and ready-mixed concrete manufacturing, have contributed to industry declines. However, greater demand from road and bridge construction, and public sector spending growth on heavy industry and other non-building construction have benefited the industry, limiting revenue falls over the period.
Industry firms operate sand and gravel quarries. Some industry firms also wash or screen the products recovered.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hanson Australia (Holdings) Proprietary Limited
- ADBRI Limited
- Seven Group Holdings Limited
- Holcim (Australia) Pty Ltd
Methodology
LOADING...
