Introduction:
Stone crushing is an important industrial sector in Mexico, engaged in producing crushed stone of various sizes depending upon the requirement which acts as raw material for various construction activities such as construction of roads, highways, bridges, buildings, canals etc. It is estimated that there are over 12,000 stone crusher units in Mexico.
Objectives:
The main objective of this project report is to provide a comprehensive analysis of the market for crushed stones in Mexico, including the demand and supply dynamics, factors driving the growth of the market, key challenges faced by the industry as well as the regulatory framework governing the industry. Additionally, this report aims to evaluate the technical viability and financial feasibility of setting up a stone crushing unit in Mexico.
Market Analysis:
The demand for crushed stones is influenced by various macroeconomic factors such as population growth, urbanization, increasing infrastructure spending, and the overall economic growth of the country. The construction industry is the major consumer of crushed stones, accounting for about 80% of the total demand. The remaining 20% is used for various other purposes like railway ballasts, filter stones, and road base.
Technical Feasibility:
The stone crushing process involves drilling, blasting, loading, hauling, and crushing of rock materials. Depending upon the size of the rock, it may need to be crushed in stages using different types of crushers such as jaw crushers, impact crushers, cone crushers, and gyratory crushers. The selection of the crusher depends on the type and size of the material being crushed, as well as the desired output size.
Financial Feasibility:
The cost of setting up a stone crushing plant in Mexico depends on several factors such as location, size of the plant, capacity, and availability of raw materials. The total capital cost of the project is estimated to be Rs. 25 million with a payback period of 5 years.
Conclusion:
The stone crushing industry in Mexico is a highly competitive and fragmented market. The success of a new entrant in this market depends upon various factors such as the availability of raw materials, ability to meet quality standards, and compliance with regulatory requirements. However, with proper planning and execution, setting up a stone crushing plant can be a profitable venture in Mexico.