Sand & Gravel Mining in Canada - Industry Market Research Report

Sand & Gravel Mining in Canada - Industry Market Research Report

Sand & Gravel Mining in Canada

Sand and gravel mining companies operate sites that extract resources including sand, gravel, clay and other refractory minerals. Sand and gravel products are used as inputs in nonresidential construction and as manufacturing inputs for glass, ceramics and other products. Certain products are used by oil and gas extractors as part of the hydraulic fracturing process through which oil and gas are recovered from shale rock. There has been significant volatility in recent years. Production volumes have diminished alongside variable demand from downstream oil and gas producers. Sand and Gravel Mining industry revenue is expected to decrease at a CAGR of 5.8% to $2.0 billion over the five years to 2023, including a 1.3% decline in 2023 alone, when profit is set to reach 7.7% of revenue.

The Sand and Gravel Mining industry in Canada mines or quarries sand and gravel, clays, ceramic and refractory minerals. Industry operators may also wash, screen and otherwise prepare the mined sand, gravel and clays.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.