After an unprecedented investment slump in the US housing market, the nonresidential construction downturn and declining manufacturing activity battered the industry. Rebounding investment in housing and commercial building will underpin moderate growth over the next five years. Increasing domestic housing starts, recovering home valuations and rising per capita disposable income will spur consumer spending on home improvements, bolstering demand for industry products.
The Mineral Product Manufacturing industry produces mineral wool insulation (i.e. fiberglass insulation, rock wool and slag wool) from siliceous materials such as glass, rock and slag. The industry also produces nonmetallic mineral products: dry mix concrete, mica products, stucco products and synthetic stones. Additionally, the industry cuts stones for building and calcines nonmetallic minerals.
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.