Heavy Industry
Non-Metallic Mineral Product Manufacturing in the UK - Industry Market Research Report
Non-Metallic Mineral Product Manufacturing in the UK - Industry Market Research Report
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Non-Metallic Mineral Product Manufacturing in the UK
Non-metallic mineral product manufacturing revenue is expected to contract at a compound annual rate of 1.3% to £1.3 billion over the five years through 2023-24. This decline is predominantly driven by the harsh effect of the pandemic on construction and aircraft manufacturing. While construction has rebounded thanks to pent-up demand, air travel has remained constrained, causing air carriers to hold off on aircraft purchases.
Manufacturers in this industry produce a range of non-metallic mineral goods, including friction materials, heat and sound insulation, asphalt products, carbon and graphite products for non-electrical use and artificial corundum.
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.