Striking gold: Revenue is likely to boom over the next five years as polyhalite output increases

The Chemical and Fertiliser Mineral Mining industry has been subject to volatile conditions over the past five years. The industry transitioned to the production of polyhalite which led to a substantial reduction in potash prices and significant revenue decline. As a result, industry revenue is forecast to decrease at a compound annual rate of 19.2% to reach £73.8 million over the five years through 2019-20. This includes an estimated decline of 5.9% in the current year.The industry has undergone considerable changes as the largest industry operator focuses solely on the production of polyhalite, an organic fertiliser which requires no further more.

Industry Statistics & Market Size
Annual Growth 15-20
Forecast Growth 20-25

Industry Threats & Opportunities

  • The industry underwent changes as the largest firm focused on polyhalite production
  • UK mineral prices are affected by world prices, so global uncertainty has limited profitability
  • Global demand for fertilisers is likely to rise as increasing food production becomes essential
  • Industry Report - Industry SWOT Analysis Chapter

    Demand for the industry's major product, potash, is high, although production is expected to decrease significantly due to the emergence and increased production of polyhalite. Cleveland Potash has committed to expanding production of polyhalite and Sirius Minerals has secured planning permission to what is thought to be the largest and highest-grade polyhalite source globally. Polyhalite production is unique to the United Kingdom, and its popularity is likely to grow as it can be used as an organic fertiliser with no chemical processing required.Over the past few years, the number of baryte producers has fallen to just one major operator, and its existing mine is not expected to remain operational in the long term due to dwindling resources. How...purchase to read more.

    Additional Insights for the Chemical & Fertiliser Mineral Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Chemical & Fertiliser Mineral Mining Industry are

  • Ability to accommodate environmental requirements
  • Economies of scale
  • Access to high quality inputs
  • IBISWorld analysts also discuss how external factors such as Demand from fertiliser and nitrogen compound manufacturing and Demand from inorganic basic chemical manufacturing in the Chemical & Fertiliser Mineral Mining industry impact industry performance..

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    What's in this report

    What is the Chemical & Fertiliser Mineral Mining Industry?

    This industry covers the mining of natural phosphates, potassium salts, sulphur, barium sulphate and carbonate, borates, magnesium sulphates, earth colours, fluorspar and other minerals valued chiefly as a source of chemicals. Guano mining also falls into this category. The extraction of salt, roasting of iron pyrites and manufacture of synthetic fertilisers and nitrogen compounds are not included in the industry.

    Industry Products
  • Muriate of potash
  • Sulphate of potash
  • Baryte
  • Fluorspar
  • Industry Activities
  • Mining potash
  • Mining fluorspar
  • Mining barytes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from fertiliser and nitrogen compound manufacturing
  • Demand from inorganic basic chemical manufacturing
  • Exchange rate - US dollar per pound
  • Fertiliser prices
  • Demand from petroleum and natural gas support activities

  • Current Performance
  • Polyhalite shift
  • Global prices
  • International demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Global market
  • Polyhalite extraction
  • Employment
  • Barytes supply
  • Table: Chemical & Fertiliser Mineral Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Chemical & Fertiliser Mineral Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Inorganic Basic Chemical Manufacturing
  • Fertiliser & Nitrogen Compound Manufacturing
  • Chemical Product Manufacturing

  • Key Selling Industries
  • Construction Equipment Rental & Leasing
  • Freight Rail Transport
  • Fuel Wholesaling

  • Products & Services
  • Sulphate of potash
  • Muriate of potash
  • Baryte
  • Fluorspar
  • Chart: Chemical & Fertiliser Mineral Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Foreign fertiliser producers
  • Drilling fluid production
  • Domestic fertiliser producers
  • Inorganic chemical producers
  • Chart: Major Market Segmentation for the Chemical & Fertiliser Mineral Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Chemical & Fertiliser Mineral Mining

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Chemical & Fertiliser Mineral Mining Industry

  • Industry Globalization
    Cleveland Potash Ltd, M I Drilling Fluids UK Ltd,
  • Table: Cleveland Potash Ltd - financial performance
  • Table: M I Drilling Fluids UK Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Chemical & Fertiliser Mineral Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Chemical & Fertiliser Mineral Mining Industry
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • Also known as barite, it is a mineral consisting of barium sulphate. This is used predominantly in drilling fluids to reduce pressure during oil and gas exploration.
  • Continuous Miner
  • An underground mining machine that both removes the mineral, usually using a rotating drum, and simultaneously loads it onto cars or conveyors.
  • Fluorspar
  • Also known as fluorite, fluorspar is a halide mineral made up of calcium fluoride. It is used to manufacture pharmaceuticals and chemicals.
  • Polyhalite
  • A mineral containing potassium, calcium, sulphur and magnesium. Due to containing no chlorine, it does not need to be chemically processed and can be used directly as an organic fertiliser.
  • Potash
  • Potassium-bearing minerals, particularly potassium chloride.
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    IBISWorld’s Chemical & Fertiliser Mineral Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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    • 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 Chemical & Fertiliser Mineral 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
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