Materials companies work to identify, develop, and process raw materials for a variety of industries and sectors. The materials industry’s products are the first link in the supply chain for a variety of items. Mining, chemicals, construction, agriculture, and forestry are some of the most important industries. Rather than the price preference of the entity that produces them, commodities are exchanged at standardized prices. The mining industry in the United States contributes 1% of the country’s GDP. With a market value of $1515.65 billion in 2021, the construction sector is predicted to rise by 15.6 percent.
Insider Monkey explores the 15 largest materials companies in the US. Celanese Corporation is a high-performance polymer company with operations in the United States and abroad. Polymers are utilized in a variety of applications, including automotive and medical devices, filtration goods and colorants, coatings, and pharmaceuticals. In fiscal year 2020, the corporation made $5.655 billion in sales. Across the Americas, Europe, Asia, and Africa, Avantor, Inc. provides chemicals to the biopharmaceutical, healthcare, education, and government sectors. In fiscal year 2020, the corporation made $6.39 billion in sales. Martin Marietta Materials, Inc. is a major provider of construction materials such as cement, aggregates, ready-mixed concrete, and asphalt. The company is active in 27 states across the United States. Canada and the Bahamas are two of its overseas markets. Vulcan Materials Company is a building materials company based in Alabama. The company’s major products include aggregates, asphalt, concrete, and calcium. In 2020, Vulcan Materials Company made $4.8 billion in revenue. Corteva, Inc. is a Delaware-based company that specializes in agricultural supplies. Corteva is a global company with operations in the United States, Canada, Latin America, Asia Pacific, Europe, and Africa. The firm also offers digital solutions to aid in decision-making in order to enhance production and profit. Nucor Corporation is a steel and steel product manufacturing and distribution company based in North Carolina. Along with the production of beams, the steel products division produces hot-rolled, cold-rolled, and galvanized sheet steel products. For more details, click 15 Largest Materials Companies In The US.
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