Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Mining Waste Management Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Mining Waste Management Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Mining
Waste Management Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Mining Waste Management Market is offered. In accordance with the report, the global
Mining Waste Management Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Mining
wastes are generally produced during exploration and mining activities in
course of extracting minerals in the form of rock, tailings, slurry, overburden
and other discards. The quantity of waste generated during mining is positively
related with the mine size. Overburden, Tailing and mine water management are
most commonly used methods of the mining waste management. Proper mining waste
management leads sustainable ways of mining and adheres to environmental
conservation.
Market Drivers
The
surging demand for electricity to aid electrification in some of the remote
regions and the recent developments in the power and utility sector is
providing the initial impetus to the mining waste management market. Recent
developments in the field of waste-to-energy techniques, fuel cell and
technology systems, smart grids and many more are some of the factors that lead
to larger mining activities and generate mining waste call for the mining waste
management market.
Rapid
Industrialization and the fast-paced urbanization are driving the growth of
this market. In the industrial scenario, industrial operation needs fuel and
power like thermal coal for operation. The thriving manufacturing and
construction depends on mining for the production of raw materials like cement.
In fact, a majority of metals used by us is derived from the Earth’s crust. So,
the reliance on mining is massive and thus the functioning of mining waste
management is necessary.
The
flourishing automotive and transportation sector is fueling the mining waste
management market. The changing preference of consumers to use electric vehicle
is charging up mining activities since electric vehicles are a complex
integration of metals like lithium, nickel and cobalt that is mined out and
mining wastes are generated.
The
rising environmental concern to avoid contamination of mining wastes with air,
water and the sea coupled with the stringent norms of the government for
environmental conservation and management of waste across the globe is
empowering the growth of this market.
Further,
escalating mining operations and exploration around the globe especially
offshore, deep sea and underwater activities are pushing up waste generation
and the need for mining waste management.
Market Restraints
Operational
waste management concerns and the lack of skilled labor for operation at
present and in the near future is expected to hinder the growth of the mining
waste management market.
The
requirement of high capital investment for the disposition of mining waste and
the potential health threats associated with the disposition of mining waste is
hampering the growth of the global mining waste management market.
Opportunities
The
rising government concern with regard to environmental conservation coupled
with the establishment of agencies that look after the mining waste management
disposal like Toxic Substances Control Act (TSCA), Resource Conservation and
Recovery Act (RCRA) and many more are providing lucrative opportunities to
kickstart this market.
The
surging mining activities and the necessity to mine out precious metals for
their utilization in various sectors for humankind sustainment is expected to
be great scope for this market.
Trends
The
Asia Pacific region is expected to witness significant growth around a CAGR of
3.7% in the mining waste management market in the forecast period. This can be
attributed to the presence of India, China and Australia. Mines of tremendous
capacity is present in India and consequent surge in mining activities in
India. China is a dominating mining nation globally accounting to 24% of global
mine production. Australia ranked fourth among the top mining countries and the
second largest producer of mining waste. Europe is expected to progress
significantly in the mining waste management market in the forecast period.
Owing to the adherence to strict mining waste management regulations. North
America is projected to dominate its position as a leader in the generation of
mining waste. Mining exploration activities based on mineral fuel is a main
reason behind the growth projection.
Segment Covered:
This market
intelligence report on the global Mining Waste Management Market encompasses market segments based on mining method, waste
type, by metals/minerals and country.
By Mining
Method the global Mining Waste Management Market has been divided into:
q Underground
q Surface
By Waste Type the global Mining Waste
Management Market has been divided into:
q Mine
Water
q Tailings
q Overburden
By Metals/Minerals
the global Mining Waste Management Market has been divided into:
q Bauxite
q Zinc
q Lead
q Nickel
q Copper
q Gold
q Iron
Ore
q Coking
Coal
q Thermal
Coal
By country/region,
the global Mining Waste Management Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Seche
Environment Company
q Cleanway
Environmental Services
q Aevitas
q Tetra
Tech Inc
q Hatch
Ltd
q John
Wood Group PLC
q Ramboll
Group
q Ausenco
q Veolia
Environment S.A.
q Tetronics
International
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Mining Waste Management Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis has
been used in this report to present a clear picture of the market. The study
focuses on the present market trends and provides market forecast from the year
2020-2028. Emerging trends that would shape the market demand in the years to
come have been highlighted in this report. A competitive analysis in each of
the geographical segments gives an insight into market share of the global
players.
Few Recent Developments
Seche Environment Company
In March 2019,
Interwaste Holdings Limited was acquired by Seche Environment Company. This
acquisition assisted the later to penetrate the South African Waste market.
Cleanway Environmental Services
In June 2018,
Daniel Health and Toxfree Solutions Limited was acquired by Cleanway
Environmental Services. The objective of the former behind the acquisition was
to become the biggest industrial, environmental, and waste management company
in Australia for Australia’s sustainable waste management.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Mining Waste
Management Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Mining Waste Management Market is done by taking
into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Mining Waste Management caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Mining
Waste Management Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Mining Waste Management Market
v
Identification
of key factors driving investment opportunities in the Mining Waste
Management Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants