Pune, July 15, 2020 (GLOBE NEWSWIRE) -- The global mining waste management market is anticipated to gain traction from the rising number of stringent rules and regulations put forward by the governments of various countries on mining waste disposal, as well as mining operations. This information is given by Fortune Business Insights™ in a new study, titled, “Mining Waste Management Market Size, Share & COVID-19 Impact Analysis, By Source (Surface Mining and Underground Mining), By Waste Type (Solid Waste {Waste Rock, Tailings, Others} and Liquid Waste), By Commodity (Mineral Fuels, Iron, Ferro Alloys, Industrial Minerals and Others) and Regional Forecast, 2020-2027.” The study further mentions that the mining waste management market size was USD 164.16 billion tons in 2019 and is projected to reach USD 203.91 billion tons by 2027, thereby exhibiting a CAGR of 2.9% during the forecast period.
Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/mining-waste-management-market-101369
The emergence of the COVID-19 pandemic has brought the world to a complete halt. Several industries have stopped their manufacturing processes or are putting forward social distancing norms to lower the spread of this deadly virus. Our specially curated research reports would help you in choosing the right strategy available for gaining business confidence.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Mining Waste Management Market,
Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/mining-waste-management-market-101369
This Report Answers the Following Questions-
- What are the growth drivers and hindrances of the market?
- Which companies are set to generate the highest revenue?
- What are the significant strategies followed by the companies?
- What are challenges and opportunities in the market?
Drivers & Restraints-
Rising Usage of Various Co-Disposal Techniques to Augment Growth
Several enterprises nowadays are adopting the co-disposal technique to manage mine waste. In this technique, fine tailings and waste rocks are blended and disposed together. It helps in refining the chemical and physical stability of the mining waste. There are several techniques of co-disposal that are designed by keeping in mind the degree of placement and mixing methods. It has many benefits, unlike the separate or traditional disposal methods. For this, the construction of tailing dams is not required. Hence, it reduces maintenance cost and saves space. Such techniques also aid in simplifying waste water management and water consumption. They also have a lower impact on the environment. These factors are expected to drive the mining waste management market growth in the coming years.
However, the COVID-19 pandemic is expected to decline the market growth in 2020 owing to the shortage of laborers and lower demand for minerals. Besides, some of the mine wastes are hazardous in nature. For disposing them, more safety equipment and highly skipped manpower are needed. This further surges the operating cost. It would also contribute to the slow growth of the market.
Browse Summary of This Research Report with Detailed Table of Content:
https://www.fortunebusinessinsights.com/industry-reports/mining-waste-management-market-101369
Segment-
Mineral Fuels Segment to Lead Stoked by Rapid Industrialization
In terms of commodity, the market is fragmented into industrial minerals, iron, Ferro alloys, mineral fuels, and others. Amongst these, the mineral fuels segment held 84.1% mining waste management market share in 2019. Such fuels include natural gas, uranium, lignite, coal, and other petroleum products. The demand for these fuels is increasing at a fast pace on account of rapid industrialization worldwide. To meet the ever-increasing need of energy, new sites are being explored and mineral fuels are mined effectively. It is, in turn, generating large amounts of waste and hence, there is a high demand for these waste management systems. These factors are set to contribute to the growth of this segment.
Regional Analysis-
Asia Pacific to Dominate Fueled by Major Contribution of China
In terms of region, North America procured USD 22.99 billion tons revenue in 2019. This growth is attributable to the major contribution of the U.S. The country is considered to experience high demand for mining waste management systems. Asia Pacific is anticipated to remain in the dominant position throughout the forthcoming years owing to the presence of a large number of mines in China. Europe will stand in the second position backed by the contribution of Russia. The country houses several coal mines.
Competitive Landscape-
Key Companies Striving to Broaden Their Presence across Various Countries
The companies operating in the global market are working persistently to gain a competitive edge. To do so, they are participating in acquisitions with the other renowned companies. Some of them are also expanding their footprints across several countries. Below are two of the latest industry developments:
- May 2020: Golder Associates Inc. broadened its presence in the South-eastern United States for providing enhanced services to its clients in mining and manufacturing sectors.
- June 2018: Daniel Health and Toxfree Solutions Limited were acquired by Cleanaway to strengthen its position in Australia. The company’s main aim is to develop sustainable mining waste management systems in the country.
Fortune Business Insights™ provides a list of all the organizations providing mining waste management systems in the global market. They are as follows:
- Enviro-Serve Inc. (South Africa)
- Hatch Ltd. (Canada)
- Veolia Environment S.A. (France)
- Tetronics International (UK)
- Golder Associates Inc. (Canada)
- John Wood Group PLC (UK)
- Ramboll Group (Denmark)
- Tetra Tech, Inc. (USA)
- Ausenco (Australia)
- Seche Environment Company (France)
- Cleanway Environmental Services (Australia)
- Aevitas (Canada)
Quick Buy – Mining Waste Management Industry Research Report:
https://www.fortunebusinessinsights.com/checkout-page/101369
Table of Content
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Emerging Trends in Global Market
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
- Key developments: Acquisition, Collaboration, Strategic Partnership, and Joint Venture
- Global Mining Waste Management Market Analysis, Insights and Forecast – By Source, 2016-2027
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Source
- Surface Mining
- Underground Mining
Get your Customized Research Report:
https://www.fortunebusinessinsights.com/enquiry/customization/mining-waste-management-market-101369
Have a Look at Related Research Insight:
Solid Waste Management Market Size, Share & Industry Analysis, By Waste Type (Industrial Waste and Municipal Waste {Organic Matters, Paper, Plastic, Glass & Metal and Others}), By Treatment Method (Collection, Processing {Recycling & Composting} and Disposal {Landfilling & Open Dump and Incineration}) and Regional Forecast, 2020-2027
Liquid Waste Management Market Size, Share & Industry Analysis, By Source (Residential, Commercial & Industrial), By Industrial (Paper & Pulp, Chemical & Petrochemicals, Food & Beverages, Textile & Tannery and Others) and Regional Forecast, 2019-2026
Nuclear Waste Management Market Size, Share & Industry Analysis, By Waste Type (High level Waste, Intermediate-level Waste, Low-level Waste), By Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Pressurized Heavy Water Reactor, Gas-Cooled Reactor, Others), By End-User (Utility, Industrial) and Regional Forecast, 2019-2026
Medical Waste Management Market Size, Share & Industry Analysis, By Waste Type (Sharps, Infectious and Pathological Waste, Radioactive Waste, Pharmaceutical Waste, Non-infectious Waste), By Waste Generator Type(Large Quantity Waste Generators, Mid & Small Quantity Waste Generators, Others), By Service Type (On-site Services, Off-Site Services) and Regional Forecast, 2019-2026
Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027
Industrial Waste Management Market Size, Share and Global Trend By Waste Type (Construction and Demolition Waste, Manufacturing Waste, Agricultural Wastes, Chemical Waste, Mining Waste, Oil and Gas Waste, Nuclear Waste, Power Plant Waste) Service (Recycling, Landfill, Incineration, Deep well injection) and Geography Forecast till 2025
Drilling Waste Management Market Size, Share & Industry Analysis, By Service (Solids Control, Treatment and Disposal, Containment & Handling), By Application (Onshore, Offshore) and Regional Forecast, 2019-2026
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs
Read Press Release:
https://www.fortunebusinessinsights.com/press-release/global-mining-waste-management-market-10091