Global Mining Waste Management Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:The latest research study on the global Mining Waste Management market finds that the global Mining Waste Management market reached a value of USD 5481.08 million in 2022. It’s expected that the market will achieve USD 7364.2 million by 2028, exhibiting a CAGR of 5.05% during the forecast period.
Market Challenges
Processing mining waste is a critical task and requires higher investment. It also consumes a lot of electricity and energy. The disposal of hazardous mine waste, especially acidic waste discharge, requires efficient operation equipment. In addition, hazardous mine waste has a significant impact on human health. Therefore, processing such waste requires highly skilled manpower and safety equipment. This increases overall operating costs. High operating costs are a major challenge for market development. The development of smart mining waste technology can help control costs.
The mining waste generated by different mines during mining operations varies depending on the technology used to process the ore, the type of metal/mineral extracted, and the geographic location of the mine. Mining Waste Management requires professional knowledge and abilities, and the discovery and training of relevant talents is a challenge for the development of the industry.
Region Overview:From 2023-2028, China is estimated to witness robust growth prospects.
Company Overview:The top three companies are WEIR, Veolia Environnement and Hatch with the revenue market share of 4.53%, 3.65% and 2.41% in 2020.
WEIR
The Company manufactures and supplies engineering products and services for mining and minerals processing, power generation, oil and gas production, water supply and other industrial uses, as well as supplies pumps, valves, compressors, and turbines. Weir Group serves customers worldwide.
Veolia Environnement SA, under the brand name Veolia, is a French multinational company operating in three main service and utility sectors, which are traditionally managed by public authorities-water management, waste management and energy services.
Segmentation Overview:Among different product types, Overburden/Waste Rock segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Thermal Coal segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Mining Waste Management market covered in Chapter 3:SRK Consulting
WEIR
Golder Associates
Stantec
Tetra Tech
Veolia Environnement
Hatch
John Wood Group
Enviroserv
Cleanway
Ausenco
In Chapter 4 and Chapter 14.2, on the basis of types, the Mining Waste Management market from 2018 to 2029 is primarily split into:Acid Mine Drainage Treatment
Overburden/Waste Rock
Tailings
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mining Waste Management market from 2018 to 2029 covers:Thermal Coal
Cooking Coal
Iron Ore
Gold
Copper
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)