Specialty Minerals & Chemicals
Miners producing talc, kaolin, silica, and specialty mineral products.
Market snapshot
These figures describe Industrial Minerals & Aggregates (7.4.5), the segment that Specialty Minerals & Chemicals sits within — not Specialty Minerals & Chemicals on its own.
- Market size
- ~$29B
- Growth
- ~-0.7%CAGR (2017–22, nominal)
- Companies
- ~5,200
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 212310/212320/212390 (stone, sand/gravel, and other nonmetallic mineral mining) — raw extraction; much aggregate is captive to ready-mix and asphalt operations. Pricing has been strong despite flat reported mining revenue.
Business model & economics
Revenue model
Aggregate and industrial-mineral sales (local pricing power)
Key economics
- Recurring revenue
- Moderate–High
- EBITDA margin
- Strong
- Capex intensity
- High
recurring construction-driven demand
local-monopoly pricing power
Characteristics
- Quintessential local-monopoly infrastructure business.
- Heavy/low-value: cannot be shipped far (pricing power).
- IIJA and infrastructure demand a major tailwind.
M&A deal context
Who’s acquiring
- Aggregates majors (Vulcan, Martin Marietta, CRH)
- Building-materials strategics
- Infrastructure & PE investors
What’s driving deals
- Roll-up of local quarries and pits.
- IIJA and infrastructure-driven demand.
- Pricing power and durable-asset appeal.
Find Specialty Minerals & Chemicals acquisition targets
Search Acquisera’s index for companies classified under Specialty Minerals & Chemicals (7.4.5.4) and build a targeted deal pipeline.
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