Global Mining Waste Management Market to Rise at 6.1% CAGR to 2022, Predicts M&M in Its New Research Study Recently Added at MarketPublishers.com26 Jan 2018 • by Natalie Aster
LONDON – In 2017, the world’s market for mining waste management reached 173.64 billion tonnes. It is anticipated to grow at a 6.1% CAGR in the coming years to climb to 233.56 billion tonnes by late 2022. Growth in the mining waste management market is driven by elevating demand for the metal from different end-use industries, uptake in the power & energy sector, enhancing environmental concerns, amidst other favourable factors.
Regionally, APAC is poised to stay in the lead of the world’s mining waste management market over 2018-2022. Robust growth in this regional market is attributed to rapidly rising population number, swift industrialisation (propelling growth across key end-use industries like power & energy, electrical & electronics, automotive, chemical, construction, etc.), high growth rates exhibited by emerging economies in the region.
Basing on mining methods, the surface sector is forecast to maintain the leading position in the overall mining waste management market through to 2022.
Basing on metals/minerals, the thermal coal sector will likely dominate the global market over 2018-2022, fueled majorly by the rising demand for thermal coal from the power and energy, cement and transportation industries.
The new research study “Mining Waste Management Market by Mining Method, Metals/Minerals, Waste Type, and Region - Global Forecast to 2022” elaborated by MarketsandMarkets (M&M) offers a clear understanding of the world’s mining waste management market landscape.
This report highlights the historical development patterns of this market, describes the current situation, examines the market dynamics and the major growth influencing forces, discusses the prevailing market development trends as well as evaluates the market’s future growth potential. Moreover, this report comprises a comprehensive analysis of the market segmentation, uncovers vital info on the market size, shares and growth rates. The study explores the competitive scene, includes detailed profiles of the top market participants, casts light on the emerging growth challenges and opportunities. Furthermore, a profound analysis of the market scenario across major geographical market with updated info on the market performance is at hand in this study. Additionally, future forecasts through to 2022 are at hand as well.
A complete collection of the publisher’s research reports is available in M&M online catalogue.