The Gravel, Sand and Clay Extraction industry crumbled over much of the past five years before turning a corner in 2013-14. The industry was undermined by the collapse of construction activity. Gravel and sand are used extensively in the production of cement and concrete, and clay is used to make bricks and roof tiles. In the aftermath of the downturn, the construction industry contracted sharply and few new builds began, forcing operators to slash their extraction volumes. As a result, falls in both output and prices were sustained during the past five-year period as the industry wrestled with oversupply.
Firms in this industry operate gravel and sand pits, dredge sand and gravel offshore and mine clay and kaolin. The industry does not cover bituminous-sand mining.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.