Major Group SIC 1475 - Phosphate Rock

SIC 1475 - Phosphate Rock

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 147 - Chemical And Fertilizer Mineral Mining
  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 1475 - Phosphate Rock
    SIC 1479 - Chemical And Fertilizer Mineral Mining, Not Elsewhere Classified SIC 1474 - Potash, Soda, and Borate Minerals SIC 1475 - Phosphate Rock

Establishments primarily engaged in mining, milling, drying, calcining, sintering, or otherwise preparing phosphate rock, including apatite. Establishments primarily engaged in the production of phosphoric acid, super-phosphates, or other manufactured phosphate compounds or chemicals are classified in Manufacturing, Major Group 28.

Industry trends:

The phosphate rock industry, classified under NAICS 1475, has been experiencing several qualitative trends that are shaping its future. One notable trend is the increasing demand for phosphate fertilizers driven by rising global food demand. This trend is compounded by growing populations and changing dietary preferences, which necessitate enhanced agricultural productivity. Consequently, the agricultural sector remains the primary growth driver for phosphate rock.

Environmental concerns are also significantly influencing the industry. There is heightened awareness and regulatory pressure to adopt more sustainable mining practices and reduce the ecological impact of phosphate mining. This has led to investments in more efficient extraction and processing technologies that minimize environmental footprint.

Technological advancements are playing a crucial role in optimizing production processes. Innovations in automation and data analytics allow for better resource management and operational efficiency. Companies are increasingly leveraging these technologies to reduce costs and improve yield.

Geopolitical factors are also impacting the phosphate rock supply chain. Countries with major phosphate reserves, such as Morocco and China, are pivotal in shaping global supply and pricing dynamics. Supply chain disruptions due to geopolitical tensions can affect availability and cost for downstream industries.

Looking ahead, the industry is expected to experience steady growth driven by sustained agricultural demand. However, companies will need to navigate environmental regulations and invest in technological advancements to remain competitive. Additionally, diversification of supply sources may become more critical to mitigate geopolitical risks.

This industry is comprised of:

Apatite mining

Phosphate rock mining

Explore related industries:

SIC 2874 - Phosphatic Fertilizers SIC 3295 - Minerals And Earths, Ground Or Otherwise Treated SIC 1021 - Copper Ores

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