Many other non-metallic mineral
product manufacturers are using robotics and automation to improve plant
efficiency and productivity. Sensors are being used in various machines to
access invaluable data for improving efficiencies and reduce potential
breakdowns. For instance, according to a report by Boston Consulting Group
(BCG) in 2015, 1.2 million industrial robots are expected to be deployed by
2025, thus indicating rise in automation and robotics technology adoption to
improve productivity and reduce production costs.
THE BUSINESS
RESEARCH COMPANY VALUED THE OTHER NON-METALLIC MINERAL PRODUCT
MANUFACTURING MARKET AT $562 BILLION IN 2017
Asia Pacific was the largest
geographic region in the market, accounting for more than two-third of the
global market share.
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According to The Business
Research Company’s Consultants, Nitin Gianchandani, vendors leveraging pricing,
product differentiation, customization and maintenance services are driving the
growth of the market. rising awareness about the product and higher demand for
efficient products are factors responsible for the growth in global market for
non-metallic minerals.
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Compagnie de Saint-Gobain S A was
the largest player in the market in 2017, with revenues of $39.9 Billion in
2016. Saint-Gobain’s growth strategy aims to become the reference in
sustainable habitat and construction markets. Hence, the company develops
products and services for customers that facilitate sustainable construction.
It also looks for investing in innovative technology which helps in significant
advances in the performance.
The other non-metallic mineral
product manufacturing industry comprises companies involved in abrasive product
manufacturing, cut stone and stone product manufacturing, ground or treated
mineral and earth manufacturing, mineral wool manufacturing, and all other
miscellaneous non-metallic mineral product manufacturing. It also includes
manufacturing of cloth coated, diamond dressing wheels, polishing wheels,
sandpaper and silicon carbide abrasives. Abrasives are classified into three
types, namely coated, bonded and super abrasives.
Other Non-Metallic Mineral
Product Manufacturing Global Market Report 2018 is a detailed report giving a
unique insight into this market. The report is priced at $4000 for an
individual user. To use across your office, the price is $6000 and $8000 if you
wish to use across a multinational company.
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