2025 Nonmetallic Mineral Mining & Quarrying Industry Report

Industry Overview

This industry group comprises establishments primarily engaged in developing mine sites, or in mining or quarrying nonmetallic minerals (except fuels). Also included are certain well and brine operations, and preparation plants primarily engaged in beneficiating (e.g., crushing, grinding, washing, and concentrating) nonmetallic minerals. Beneficiation is the process whereby the extracted material is reduced to particles which can be separated into mineral and waste, the former suitable for further processing or direct use. The operations that take place in beneficiation are primarily mechanical, such as grinding, washing, magnetic separation, and centrifugal separation. In contrast, manufacturing operations primarily use chemical and electrochemical processes, such as electrolysis and distillation. However, some treatments, such as heat treatments, take place in both the beneficiation and the manufacturing (i.e., smelting/refining) stages. The range of preparation activities varies by mineral and the purity of any given ore deposit. While some minerals, such as petroleum and natural gas, require little or no preparation, others are washed and screened, while yet others, such as gold and silver, can be transformed into bullion before leaving the mine site.
Source: US Census Bureau

Market Size and Industry Forecast

The Nonmetallic Mineral Mining and Quarrying industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Nonmetallic Mineral Mining & Quarrying industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Nonmetallic Mineral Mining & Quarrying companies in the United States.

Distribution by Company Size

Company Size	All Industries	Nonmetallic Mineral Mining & Quarrying
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Nonmetallic Mineral Mining & Quarrying Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Nonmetallic Mineral Mining & Quarrying Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%
Chief Executives	0%
General and Operations Managers	3%
Office and Administrative Support Occupations	10%
Construction and Extraction Occupations	32%
Construction Trades Workers	16%
Construction Equipment Operators	12%
Operating Engineers and Other Construction Equipment Operators	12%
Extraction Workers	13%
Mining Machine Operators	7%
Installation, Maintenance, and Repair Occupations	10%
Other Installation, Maintenance, and Repair Occupations	5%
Production Occupations	13%
Other Production Occupations	10%
Transportation and Material Moving Occupations	25%
Motor Vehicle Operators	10%
Driver/Sales Workers and Truck Drivers	10%
Heavy and Tractor-Trailer Truck Drivers	10%
Material Moving Workers	14%
Dredge, Excavating, and Loading Machine Operators	9%
Excavating and Loading Machine and Dragline Operators	8%

Government Contracts

The federal government spent an annual total of $56,058,573 on the nonmetallic mineral mining & quarrying industry. It has awarded 1,636 contracts to 446 companies, with an average value of $125,692 per company.

Top Companies in Nonmetallic Mineral Mining & Quarrying and Adjacent Industries

Company	Address	Revenue ($ Millions)