Conventional glass is increasingly being replaced by smart glass because of its properties that reduce energy consumption and elevates energy productivity in buildings and automobiles. Smart glass is a glass, whose light transmission properties are altered when heat, light or electrical energy is applied. Transportation manufacturing companies are using smart glass in sunroofs, rearview mirrors and windshields as it has the benefits of anti-glaring and vigorous light emission adjustment properties. It is even used for providing dimmable windows for private aircrafts and for the construction sector it is used as solar-control and energy-saving windows and privacy glass which can switch between clear and non-transparent glass with the click of a switch.

THE BUSINESS RESEARCH COMPANY EXPECTS THE MINERAL PRODUCTS MARKET TO GROW TO $2 TRILLION BY 2021

Asia Pacific was the largest region in the mineral products market in 2017, accounting for two-third of the market share. This can be attributed to the region’s large population and high demand from residential and industrial building and construction industries.

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According to The Business Research Company’s Consultant, Nitin Gianchandani, Hollow clay bricks are replacing solid bricks because they are lighter, strong & durable, cost effective and eco-friendly. Hollow brick is manufactured using waste materials or natural substitutes and formed by placing moist clay in a mold. It acts as thermal and sound insulators due to the air present in the hollow area and also makes plumbing and other electrical drilling activities easier resulting in low labor cost. For instance, major companies offering hallow clay bricks include MRF Bricks, Summit Brick Company and Apollo Brick.

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Lafargeholcim was the largest player in the mineral products market in 2017, with revenue of $24.5 billion in 2016. The company’s growth strategy aims at implementing country specific retail concepts to increase its net sales and also to gain access to new markets. It has planned to implement the retail models in 30 – 50 countries by 2020. For example, it opened franchising retail outlets in the Philippines in 2015 and currently has 22 stores across major cities of Luzon Island.  The company also opened its first Disensa brand franchised store in Mexico in 2017, for self-builders and smaller contractors. The company will establish this franchise concept in Colombia, Central America and Argentina targeting at least 1,000 Disensa stores by the end of 2017.

The mineral product manufacturing industry includes establishments offering products such as bricks, refractories, ceramic products, and glass and glass products, such as plate glass and containers. This industry also includes cement and concrete products, lime, gypsum and other nonmetallic mineral products including abrasive products, ceramic plumbing fixtures, statuary, cut stone products, and mineral wool.

Mineral Products Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.

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