Solid foundation: Increased spending on the construction of roads and other infrastructure will support growth

IBISWorld’s industry research report on Stone Mining can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.


Industry Threats & Opportunities

  • Industry revenue is anticipated to grow due to the continued recovery in downstream construction markets
  • There has been limited growth in the industry labor force as a result of industry consolidation
  • Government funding in infrastructure will help the industry grow

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    Industry Analysis & Industry Trends

    The Stone Mining industry is firmly cemented in the US economy, producing materials for a wide range of construction industries. The industry's importance has remained steady over the five years to 2017 and IBISWorld expects that the industry's continued importance as a primary supplier of stone products will benefit operators. Over the five years to 2017, industry revenue is anticipated to grow due to the continued recovery in downstream construction markets. Over the five years to 2022, industry revenue is forecast to increase as a slower rate than during the previous period. This growth is expected to come from continued demand for commercial and residential construction as well as large increases in infrastructure spending for road, street and highway construction...

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    Industry Report - Industry Products Chapter

    Crushed stone

    The principal product sold by the Stone Mining industry is crushed stone. Crushed stone is used as aggregate in construction projects and as an input to construction materials and other manufactured products. The total production of crushed stone is expected to account for an estimated 97.4% of the value of domestic stone production. The remaining value of domestic production consists of dimension stone. The revenue share of all product segments has remained relatively stable over the past five years because they are all tied to the construction sector, which has uniformly affected demand across products.


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    Additional Insights for the Stone Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Stone Mining Industry are

  • Downstream ownership links
  • Ability to accommodate environmental requirements
  • Ability to control total supply on market
  • IBISWorld analysts also discuss how external factors such as Demand from road and highway construction and Value of private nonresidential construction in the Stone Mining industry impact industry performance..

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    Industry Products

    What is the Stone Mining Industry?

    This industry comprises companies that develop mine sites; mine and quarry dimension stone (i.e. rough blocks or slabs of stone); mine and quarry crushed and broken stone, such as granite and limestone; or beneficiate stone by crushing, grinding, washing, screening, pulverizing and sizing.

    Industry Products
    Crushed limestone and dolomite
    Crushed granite
    Crushed trap rock
    Other crushed stone
    Dimension granite
    Dimension limestone and dimension sandstone
    Other dimension stone (e.g. marble and slate)
    Industry Activities
    Developing the mine site and mining or quarrying crushed and broken limestone
    Developing the mine site and mining or quarrying crushed and broken granite
    Beneficiating (i.e. grinding or pulverizing) granite, limestone and other stone products
    Mining granite rocks, such as gneiss, syenite and diorite
    Mining or quarrying bituminous limestone and bituminous sandstone
    Mining limestone rocks, such as dolomite, cement rock, marl, travertine and calcareous tufa
    Mining and preparing dimension stone (e.g. rough blocks, flagstones, curbing, and monumental and memorial stones)
    Mining and quarrying aggregates (e.g. sand, gravel, slag, crushed limestone, dolomite and sandstone)
    Mining aggregates for chemical and metallurgical use in glass, paper, paint, pharmaceuticals and cosmetics

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from road and highway construction
  • Value of private nonresidential construction
  • Federal funding for transportation
  • Value of residential construction

  • Current Performance
  • Stone demand returns
  • Industry concentration increases
  • Transportation development
  • Chart: Revenue Growth

  • Industry Outlook
  • Building growth
  • Industry consolidation
  • Cost savings lead to profit growth
  • Table: Stone Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Stone Mining Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Home Builders
  • Fence & Swimming Pool Construction
  • Ready-Mix Concrete Manufacturing
  • Lime Manufacturing
  • Cemetery Services
  • Commercial Building Construction
  • Road & Highway Construction
  • Road & Highway Maintenance

  • Key Selling Industries
  • Construction & Mining Equipment Wholesaling
  • Explosives Manufacturing
  • Geophysical Services
  • Heavy Equipment Rental
  • Transportation and Warehousing

  • Products & Services
  • Crushed limestone and dolomite
  • Crushed granite
  • Other crushed stone
  • Crushed trap rock
  • Dimension limestone and dimension sandstone
  • Dimension granite
  • Other dimension stone (e.g. marble and slate)
  • Chart: Stone Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Infrastructure construction
  • Building construction and renovation
  • Product manufacturing (e.g. chemicals and metallurgical)
  • Agriculture
  • Other
  • Chart: Major Market Segmentation for the Stone Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Stone Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Stone Mining Industry

  • Industry Globalization
    Major Companies
    Martin Marietta Materials, Inc. Vulcan Materials CompanyLafargeHolcim Ltd
  • Table: Martin Marietta Materials, Inc. - financial performance
  • Table: Vulcan Materials Company - financial performance
  • Table: LafargeHolcim Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Stone Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Stone Mining Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Value of construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • Any of several hard materials, such as crushed rock, sand, gravel, stone, slag, cinders or other inactive materials.
  • Crushed Stone
  • A form of construction aggregate, typically produced by mining a suitable rock deposit and breaking the removed rock down to the desired size using crushers.
  • Dimension Stone
  • A natural stone that is mined or processed for applications based on its size, shape, color, texture, grains and strength. It is usually cut or ground to a specific shape or profile.
  • Quarry
  • A type of open-pit mine from which rock and minerals are extracted.
  • Safetea-Lu
  • Safe, Accountable, Flexible, Efficient Transportation Equity Act - Legacy for Users; A funding and authorization bill signed in 2005 that governs United States federal surface transportation spending.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Stone Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Stone Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Stone Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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