How Is The General Minerals Market Segmented?
The general minerals market covered in this report is segmented –
1) By Type: Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Other General Minerals
2) By Organization Size: Large Enterprises, Small And Medium Enterprises
3) By Service Provider Type: Independent Contractors, Companies
Subsegments:
1) By Potash: Muriate Of Potash (MOP), Sulfate Of Potash (SOP)
2) By Salt: Rock Salt, Sea Salt, Solar Salt, Vacuum Salt
3) By Magnesite: Dead Burned Magnesite, Fused Magnesite, Caustic Calcined Magnesite (CCM)
4) By Sulfur: Elemental Sulfur, Sulfuric Acid
5) By Kaolin: Paper-Grade Kaolin, Ceramic-Grade Kaolin, Other Industrial Kaolin
6) By Asbestos: Chrysotile Asbestos, Amphibole Asbestos (Including Crocidolite And Amosite)
7) By Feldspar: Potash Feldspar, Soda Feldspar
8) By Boron: Boric Acid, Sodium Borate, Boron Oxide
9) By Gypsum: Natural Gypsum, Fgd (Flue Gas Desulfurization) Gypsum
10) By Talc: Steatite, Soapstone
11) By Graphite: Natural Graphite (Flake, Amorphous, Lump), Synthetic Graphite
12) By Baryte: Oilfield Grade Baryte, Industrial Grade Baryte
13) By Bentonite: Sodium Bentonite, Calcium Bentonite
14) By Diatomite: Food Grade Diatomite, Industrial Grade Diatomite
15) By Lithium: Lithium Carbonate, Lithium Hydroxide, Lithium Chloride
16) By Selenium: Selenium Powder, Selenium Metal
17) By Perlite: Horticultural Perlite, Industrial Perlite
18) By Vermiculite: Expanded Vermiculite, Unexpanded Vermiculite
19) By Arsenic: Arsenic Trioxide, Arsenic Pentoxide
20) By Other General Minerals: Manganese, Tin, Antimony, Fluorspar, Other Specialty Minerals
What Is Driving The General Minerals Market? Growing Demand For Minerals Boosts The General Minerals Market
The growing demand for minerals is expected to propel the growth of the general minerals market going forward. A mineral is defined as a naturally occurring substance characterized by its unique chemical and physical properties, composition, and atomic structure. Minerals are fundamental raw materials used in various industries, including construction, manufacturing, electronics, and energy. This expansion of infrastructure in developing and developed nations contributes to increased mineral consumption. For instance, according to the International Energy Agency, a France-based autonomous intergovernmental organization, exploration spending for critical minerals rose by 20% in 2022, with notable increases in hard-rock lithium exploration, particularly in Canada and Australia, which saw over 40% growth year-on-year. Therefore, increasing demand for minerals is driving the growth of the general minerals market.
What Is Driving The General Minerals Market? Advanced Geosynthetic Clay Liners (GCL) In Mining Operations
Mining companies are using advanced geosynthetic clay liners 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 lower permeability than conventional clay liners. Other benefits of GCL include easy installation, better hydraulic performance, and resistance to varying weather conditions. Major companies offering GCLs include CETCO, GSE, Elcoseal, Terrafix, and Tencate.
Who Are The Major Players In The Global General Minerals Market?
Major companies operating in the general minerals market include Alcoa Corporation, Clariant AG, Compass Minerals International Inc., Iluka Resources Limited, Rio Tinto Inc., Sociedad Quimica y Minera de Chile S.A., Aluminum Corporation of China Limited, Anglo American plc, AngloGold Ashanti Limited, Barrick Gold Corporation, BHP Group, China Molybdenum Co. Ltd., Compass Menerals International Inc., Eti Maden, First Quantum Minerals Ltd., Freeport-McMoRan Inc., Glencore plc, Gold Fields Limited, Grupo México, S.A.B. de C.V., ICL Group, Imerys SA, Jiangxi Copper Company Limited, KORE Potash, Lundin Mining Corporation, Mosaic Company, Newcrest Mining Limited, Newmont Corporation, Norilsk Nickel, Polyus PJSC, Sirius Minerals plc, Southern Copper Corporation, SQM SA, Teck Resources Limited, The Mosaic Co, Vale SA, Vedanta Resources Limited, Votorantim SA, Zijin Mining Group Co. Ltd.
What Are The Key Trends Of The Global General Minerals Market? Innovations In Metal Nanoparticles And Mineral Market To Gain A Competitive Edge
Major companies in the general mineral market prioritize research and development activities in metal nanoparticles product for enhanced long-term profitability and responsible. Metal nanoparticles are submicron-scale entities made of pure metals or their alloys. They have unique physicochemical properties. The companies and research institutes are focusing on advanced research to leverage and use metal nanoparticles for a range of applications. For instance, in February 2022, the Korea Institute of Science and Technology (KIST) created metal nanoparticles that were significantly capable of boosting the performance of hydrogen fuel cell catalysts by employing semiconductor manufacturing technology. The institute used sputtering technology to overcome the inadequacies of the prevailing chemical synthesis.
What Is The Regional Outlook For The Global General Minerals Market?
Asia-Pacific was the largest region in the general minerals market in 2024. North America was the second largest region in the general minerals market. The regions covered in the general minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the general minerals market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Defines the General Minerals Market?
The general minerals market consists of sales of mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
What is the Market Assessment and Strategic Outlook for the General Minerals Industry?
The general minerals market research report is one of a series of new reports from The Business Research Company that provides general minerals market statistics, including general minerals industry global market size, regional shares, competitors with a general minerals market share, detailed general minerals market segments, market trends and opportunities, and any further data you may need to thrive in the general minerals industry. This general minerals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
