Bharat Book Bureau Provides the Trending Market Research Report on “Global Mining Waste Management Market Forecast to 2022” under Industry & Mfg. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Mining Waste Management Market is estimated to be 173.64 billion tons in 2017 and is expected to reach 233.56 billion tons by 2022
The mining waste management market is estimated to be 173.64 billion tons in 2017 and is expected to reach 233.56 billion tons by 2022, at a CAGR of 6.1% from 2017 to 2022. Mining waste is generated during extraction, beneficiation, and processing of ores. Mining waste produced by different mines during mining operations vary according to technologies used for processing ores, types of metals/minerals extracted, and geographical locations of mines. Mining waste management involves the collection of these waste materials from their point of generation, storage, or environment-friendly disposal of waste material in the land, water, or air. The increasing demand for the metal from various end-use industries, growth of the power & energy sector, followed by increasing environmental concerns are anticipated to drive the mining waste management market during the forecast period.
Based on mining method, the surface segment is projected to lead the mining waste management market from 2017 to 2022
Based on mining method, the surface segment is projected to lead the mining waste management market during the forecast period. Both open-pit and open-cut mining methods are considered in surface mining, and waste, which is generated through surface mining techniques, is much higher in amount as compared to the waste generated through the underground mining method. The surface mining method is widely adopted as it is cheaper, safer, and there is the high recovery of resources and is widely used in large-scale mining production.
Based on metals/minerals, the thermal coal segment is projected to lead the mining waste management market from 2017 to 2022
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Based on mining metal/mineral, the thermal coal segment is projected to lead the mining waste management market during the forecast period. Thermal coal is widely used in generating power and energy, and in cement production. Rapid industrialization, urbanization, and the growing transportation industry are expected to drive the demand for thermal coal. Moreover, the growth of the building and construction sector is fueling the demand for cement, which is projected to drive the mining waste management market in the coming years.
The Asia Pacific region is projected to lead the mining waste management market during the forecast period
In terms of value, the Asia Pacific region is projected to lead the mining waste management market from 2017 to 2022. The growth of the Asia Pacific mining waste management market can be attributed to the high growth rate of emerging economies of this region, followed by increasing population and rapid industrialization that is fueling the growth of various end-use industries, such as automotive, electrical & electronics, power & energy, construction, chemical, etc. The increasing demand for coal from the power & energy sector is expected to drive the mining waste management market in the region.
Break-up of profiles of primary participants for the report:
- By Company Type: Tier 1 – 33%, Tier 2 – 25%, Tier 3 – 25%, and Others – 17%
- By Designation: C Level – 51%, D Level – 28%, and Others – 21%
- By Region: Asia Pacific – 40%, North America – 27%, Europe – 20%, Middle East & Africa- 6%, and South America – 7%
Furthermore, as part of the qualitative analysis, the research study provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the mining waste management market. It also discusses competitive strategies adopted by various market players, such as Amec Foster Wheeler (UK), Ausenco (Australia), EnviroServ (South Africa), Interwaste Holdings Ltd. (South Africa), Veolia Environnement (France), Golder Associates (Canada), Hatch Ltd. (Canada), Teck (Canada), Tetra Tech, Inc. (US), Toxfree Solutions Ltd. (Australia), Tetronics International (UK), Aevitas (Canada), Global Mining Solutions (Canada), Zeal Environmental Technologies Ltd. (Ghana), Ramboll Group (Denmark), Knight Piésold (South Africa), Metsana Group (South Africa), Earth Systems (Australia), American Waste Management Services, Inc. (US), ATC Williams (Australia), Jones & Wagener (South Africa), Cleanway Environmental Services (Australia), Cleanways (Australia), Stantec (US), Enviropacific Services (Australia), Daiseki Co., Ltd. (Japan), and Averda (UAE).
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