Global Crushed Stone Market
Dublin, Dec. 30, 2022 (GLOBE NEWSWIRE) -- The "Crushed Stone Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
This report provides the strategists, marketers and senior management with the critical information they need to assess the global Crushed Stone Mining market.
The global crushed stone mining market is expected to grow from $4.09 billion in 2021 to $4.25 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The crushed stone mining market is expected to grow to $4.27 billion in 2026 at a compound annual growth rate (CAGR) of 0.2%.
Companies Mentioned
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Lafarge Holcim
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MMM
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Vulcan
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CRH PLC
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Heidelberg Cement
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Major players in the crushed stone mining market include Lafarge Holcim, MMM, Vulcan, CRH PLC, and Heidelberg Cement.
The crushed and broken stone mining and quarrying market consist of sales of crushed and broken stone by entities (organizations, sole traders, and partnerships) that mine and quarry crushed and broken stone.
The main types of crushed and broken stone mining and quarrying are limestone mining, granite mining, and other types- of crushed stone mining. Limestone mining refers to mining operations in which the primary resource mined is the principal calcium or magnesium carbonate, which includes shell and coquina, along with the associated processing facility, water control system, and settling ponds. The mining type includes underground mining, and surface mining.
Western Europe was the largest region in the crushed stone mining and quarrying market in 2021. The regions covered in this crushed and broken stone mining and quarrying market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The growth in the crushed stone mining market is due to increasing road construction in rapidly developed countries such as US and Canada owing to rising infrastructure development. Road construction refers to the construction of a new roadway or the conversion of an existing unpaved road to a paved road.
Precision Surface Excavation Machines are becoming more popular because they help to reduce noise and pollution in sensitive areas. These machines are versatile units that utilize a slicing drum to mechanically unearth materials and have advantages over the customary drilling and blasting strategies, as the major trends witnessed in the global crushed stone mining market.
The countries covered in the crushed and broken stone mining and quarrying market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.