Sand & Gravel Mining in Canada - Industry Market Research Report

Sand & Gravel Mining in Canada - Industry Market Research Report

  • October 2020 •
  • 54 pages •
  • Report ID: 4563929 •
  • Format: PDF
Smooth road: An improving economy will likely lead to growth in construction markets, thus fuelling industry growth

Abstract

Sand & Gravel Mining in Canada
The Sand and Gravel Mining industry in Canada operates sites that extract resources such as sand, gravel, clay and other refractory minerals. Industry products are used as inputs in nonresidential construction, as well as manufacturing inputs for glass, ceramics and other products. Certain industry products are also used by oil and gas extractors as part of the hydraulic fracturing process through which oil and gas are recovered from shale rock. The industry has experienced mixed results in recent years. The industry has been hindered by falling oil and gas prices during the middle part of the reporting period, which resulted in decreased investment by related industries and a decline in nonresidential construction. Over the five years to 2024, an improving economy should lead to growth in construction markets, as well as improved demand for industrial sand from industrial and manufacturing centres that will help lead to continued industry growth.

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.
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