Industry Analysis & Industry Trends
The Building Stone, Limestone and Other Ornamental Stone Quarrying industry has hit rock bottom over the past five years, as demand from the construction sector dried up in the face of the financial crisis. Commercial property activity dropped drastically low, with many properties left vacant by ailing businesses and existing commercial builds struggling to occupy space. This context bred further low confidence in the various construction industries, and as this is the crucial market for building stone products, the industry has faltered a great deal over the past five years. Profit margins among industry operators were forced back to breaking point and beyond in some instances, as firms grappled with increasing costs and a shrunken market in tandem... purchase to read more
Industry Report - Industry Products Chapter
The industry is shaped around the production of limestone, as it is a primary input in construction of all kinds and in a number of formats. Other products including granite, sandstone, chalk and slate, act as a supplement to industry revenue, and changes in the supply chain of these products are less influential on the shape of the industry.
Limestone is the main stone quarried by the industry. It is a hard stone composed of calcium carbonate and other minerals. Limestone, in the form of blocks, can be used as a building material in its own right. It is also used in crushed form as aggregate in various applications and is a major component of cement... purchase to read more