Major Group SIC 1423 - Crushed and Broken Granite

SIC 1423 - Crushed and Broken Granite

SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 142 - Crushed And Broken Stone, Including Riprap
  SIC 141 - Dimension Stone SIC 142 - Crushed And Broken Stone, Including Riprap SIC 144 - Sand And Gravel SIC 145 - Clay, Ceramic, And Refractory Minerals SIC 147 - Chemical And Fertilizer Mineral Mining SIC 148 - Nonmetallic Minerals Services, Except Fuels SIC 149 - Miscellaneous Nonmetallic Minerals, except Fuels
  - SIC 1423 - Crushed and Broken Granite
    SIC 1422 - Crushed And Broken Limestone SIC 1423 - Crushed and Broken Granite SIC 1429 - Crushed And Broken Stone, Not Elsewhere Classified

Establishments primarily engaged in mining or quarrying crushed and broken granite, including related rocks, such as gneiss, syenite, and diorite.

Industry trends:

The Crushed and Broken Granite industry (NAICS 1423) has seen several notable qualitative trends recently. One significant trend is the increasing focus on sustainability and environmental responsibility. Companies in this space are investing in greener technologies and more efficient resource management practices to reduce their carbon footprint and comply with stringent environmental regulations. This includes the adoption of advanced machinery that reduces energy consumption and minimizes waste.

The industry is also experiencing a shift towards digitalization and automation. The implementation of cutting-edge technologies such as AI and IoT in operations is driving higher efficiency and precision in mining and processing activities. This integration helps in predictive maintenance, minimizing downtime, and improving overall productivity.

Market players are witnessing rising demand from the construction sector, especially driven by infrastructure development projects. As economies recover and invest in rebuilding efforts post-pandemic, the requirement for granite in residential, commercial, and infrastructural applications is poised to grow.

Another trend is the consolidation within the industry, where larger players are acquiring smaller ones to enhance their market share and expand their operational capabilities. This not only provides them with a competitive edge but also helps in scaling their operations and reducing costs.

In the near future, it is anticipated that the industry's growth will be propelled by technological advancements, sustainability initiatives, and robust demand from the construction sector. However, companies will need to navigate challenges such as fluctuating raw material prices and regulatory changes. Adaptation to these evolving factors will be crucial for sustained growth and profitability in the crushed and broken granite industry.

This industry is comprised of:

Diorite, crushed and broken-quarrying

Gneiss, crushed and broken-quarrying

Granite, crushed and broken-quarrying

Syenite, except nepheline: crushed and broken-quarrying

Explore related industries:

SIC 3281 - Cut Stone And Stone Products SIC 5032 - Brick, Stone, And Related Construction Materials SIC 1031 - Lead and Zinc Ores

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