The mineral product manufacturing industry includes establishments
offering products such as bricks, refractories, ceramic products, and glass and
glass products, such as plate glass and containers. This industry also includes
cement and concrete products, lime, gypsum and other nonmetallic mineral
products including abrasive products, ceramic plumbing fixtures, statuary, cut
stone products, and mineral wool.
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The global mineral products market has
shown high growth in the past years with a CAGR of over 5.9%. The year 2017
recorded a net market value of $2400 billion as per TBRC’s in-house
consultants.
TBRC’s latest report show the historic
and future trends in the market for each year with sourced reasons to support
the growth claims.
The report also shows the global mineral
products market to grow at a higher CAGR by 2021 as
compared to 2017, along
with geographies best suited for investments with highest return rate.
Sample
report :
Cement manufacturers globally are
collaborating and developing technologies to reduce carbon emissions from their
manufacturing units. For instance, Low Carbon Technology Partnership initiative
(LCTPi) of World Business Council for Sustainable Development (WBCSD) is a
group of cement industry leaders committed to reduce CO2 emissions 20-25% by
2030 through adopting substitutes of cement and fuel components, developing new
low carbon components and improving the production process. Lime and cement
production constitutes 5% of worldwide man made emissions, these factors led to
industry leaders collaborating to reduce carbon emissions. Major companies’
part of the LCTPI action plan include Cemex, HeidelbergCement, LafargeHolcim
and Dalmia Cement. Also, the LEILAC (Low Emissions Intensity Lime And Cement)
association which has both, lime and cement industries in Europe, adopted
carbon capture technology provided by Calix, a leading technology company
offering solutions to reduce carbon emissions. Companies’ which are part of
this association already achieved targets to reduce 60% of CO2 emissions being
released directly and from the processing of the raw materials. They also aim
to achieve the EU’s 80% emissions reductions target by 2050.
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Companies included in the report are Lafargeholcim
Ltd, CRH Plc, Cemex SAB de CV, HeidelbergCement AG, and Compagnie de
Saint-Gobain S.A.
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