New Materials market report from IBISWorld: "Mineral & Phosphate Mining in the US"

Boston, MA -- (SBWire) -- 10/11/2012 --Salt and ash: The industry faces slow growth due to increasing imports

Mineral & Phosphate Mining in the US

Drilling down

This industry has displayed a long-term downward trend in production and revenue since the late 1980s, due to steady growth in import penetration, subdued export demand, and weak demand in many downstream industrial and agricultural markets. Those who wish to see any success in this industry with a slowly growing revenue will need the ability to expand and curtail operations rapidly in line with market demand and have downstream ownership links.

The industry comprises firms that mine, mill and otherwise beneficiate nonmetallic minerals. The principal industry products are: potash, soda, and borate mineral mining; phosphate rock mining; mining other chemicals and mineral fertilizers (e.g. rock salt, native sulfur, and barite); and other nonmetallic mineral mining (e.g. diatomite, gypsum, mica, pumice, and talc).

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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.

Companies Mentioned in this Report: FMC Corporation, The Mosaic Company

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