Image

Global Green Mining Market – Industry Trends and Forecast to 2029

Chemical and Materials

Image

Global Green Mining Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Green Mining Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 10.32 USD Billion
Diagram Market Size (Forecast Year) USD 20.11 USD Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Green Mining Market, By Type (Surface, Underground), Technology (Power Reduction, Fuel and Maintenance Reduction, Toxicity Reduction, Emission Reduction, Water Reduction) – Industry Trends and Forecast to 2029

Green Mining Market

Market Analysis and Size

There has been growing need for stringent environmental regulations due to various growing public concerns about the mining industry. Furthermore, the growing pressure on mining industries to reduce their environmental impact and pay more frequently for arising local issues is expected to expand during the forecast period. As a result, this creates massive demand for the green mining, thus favoring the market expansion.

Global Green Mining Market was valued at USD 10.32 billion in 2021 and is expected to reach USD 20.11 billion by 2029, registering a CAGR of 8.70% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

Green mining entails environmentally friendly practices undertaken primarily to reduce the negative environmental impacts of mining activities. These practices limit the use of hazardous chemicals and gases by employing selective mining techniques to reduce carbon footprints. Green mining employs a variety of technologies such as power reduction, fuel reduction and maintenance, toxicity reduction, and water management, to name a few. Furthermore, it employs advanced machinery that runs on clean fuel to ensure zero emissions.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Type (Surface, Underground), Technology (Power Reduction, Fuel and Maintenance Reduction, Toxicity Reduction, Emission Reduction, Water Reduction)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Glencore (Switzerland), Rio Tinto (UK), BHP (Australia), Vale (Brazil), Tata Steel (India), Anglo American (UK), Caterpillar Inc. (US), Komatsu Ltd. (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), Doosan Corporation (South Korea), Ma’aden (Saudi Arabia), Liebherr (Switzerland), Jiangxi Copper Corporation (China),  SANY Group (China), Dundee precious (Canada), and Freeport-McMoRan (U.S.)

Market Opportunities

  • Emergence of hybrid diesel-electric loaders for controlling carbon emissions
  • Surging research and development to develop green mining technologies
  • Rising shift from fuel-based mining components towards electrical alternatives

Green Mining Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Regulations and Assessments Associated with Environment

Several government agencies across the globe are putting strict regulations in place to reduce carbon footprints during mineral and metal extraction processes. As a result, numerous environmental protection agencies have mandated ecological assessment procedures pertaining to the safe development and rehabilitation of mines, thereby enhancing the need for green mining techniques.

  • Surging Consciousness Regarding the Benefits of Green Mining

The green mining technologies outperform conventional mining technologies in terms of greenhouse gas emissions, chemical efficacy, and energy efficiency. It also contributes to lower overall mining costs and performance by optimizing resource utilization. As a result, the increasing awareness about these advantages of green mining technologies is anticipated to further propel the growth rate of green mining market.

Furthermore, the rise in the price of gold, silver, and other precious metals has resulted in an increase in mineral exploration activities around the world, which is expected to drive the growth of the global green mining market. Furthermore, the growing use of clean and renewable energy sources, such as wind and solar, to electrify mining procedures is propelling the green mining market. Additionally, the growth in mounting demand for more productivity with less of expenditure is also projected to bolster the growth of the market.

Opportunities

  • Developments. Shifts and Emergence of Technologies

Furthermore, rising shift from fuel-based mining components towards electrical alternatives coupled with the surging research and development to develop green mining technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the emergence of hybrid diesel-electric loaders for controlling carbon emissions and maintaining ecological sustainability will further expand the future growth of the green mining market.

Restraints/Challenges

  • Illegal Mining Activities

There have been reported various uncontrolled and illegal mining activities across the globe, especially in Africa. The increasing number of illegal mining activities around the world may stifle market growth over the forecast period.

  • High Investments

The implementation of new machineries and technologies basically requires heavy investments, which hinders the market growth. As a result, the high capital investment requirement is estimated to pose as a challenge for the green mining market growth rate.

This green mining market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the green mining market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Green mining Market

The recent outbreak of coronavirus had a negative impact on the green mining market. Mining operations have been temporarily halted around the world as a result of the lockdowns. However, the increase in global demand for metals following the lockdowns is expected to result in a rapid recovery of the green mining market in the near future. Moreover, various disruptions in manufacturing as well as the supply-chain operations due to the various precautionary lockdowns imposed by governments to curb the spread of disease led to huge financial setback for the market. These determinants have largely weighed on the market's revenue trajectory.

However, the suspended and cancelled operations as well as the activities will continue as regulatory bodies have relaxed the enforced lockdowns.

Recent Development

  • In November 2021,Evolution Mining, an Australian gold mining company, purchased Ernest Henry Mining from Glencore for A$1 billion, including A$800 million at the transaction's closing and a further A$200 million payable 12 months later. With this acquisition, Evolution gains full ownership and operational control of the copper-gold mine, as well as a copper concentrate offtake agreement and a separate ore tolling agreement with Glencore. Glencore plc is a multinational commodity trading and mining company based in the United Kingdom and Switzerland.

Global Green Mining Market Scope

The green mining market is segmented on the basis of type and technology. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Surface
  • Underground

Technology

  • Power Reduction
    • Comminution Efficiency
    • Hydrometallurgical Processes
  • Fuel and Maintenance Reduction
  • Toxicity Reduction
    • Bioleaching
    • Bioremediation
  • Emission Reduction
    • Dust management
    • Carbon Sequestration
    • Interior Bleaching
  • Water Reduction
    • AMD/ARD Remediation
    • Wastewater processing
    • Tailings Remediation
    • Desalination

Green Mining Market Regional Analysis/Insights

The green mining market is analyzed and market size insights and trends are provided by country, type and technology as referenced above.

The countries covered in the green mining market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the green mining market because of the rapid industrial growth, increase in demand for minerals and rise in environmental concerns and high demand for industrial minerals within the region.

Europe on the other hand, is estimated to show lucrative growth during the forecast period of 2022 of 2029 due to the strict government regulations coupled with the rising awareness among the people regarding environmental concerns within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Green Mining Market Share Analysis

The green mining market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to green mining market.

Some of the major players operating in the green mining market are

  • Glencore (Switzerland)
  • Rio Tinto (UK), BHP (Australia)
  • Vale (Brazil)
  • Tata Steel (India)
  • Anglo American (UK)
  • Caterpillar Inc. (U.S.)
  • Komatsu Ltd. (Japan)
  • Sandvik AB (Sweden)
  • Epiroc AB (Sweden)
  • Doosan Corporation (South Korea)
  • Ma’aden (Saudi Arabia)
  • Liebherr (Switzerland)
  • Jiangxi Copper Corporation (China)
  • SANY Group (China)
  • Dundee precious (Canada)
  • Freeport-McMoRan (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Green Mining Market is expected to show a value of USD 20.11 billion by 2029.
The market is estimated to register a CAGR of 8.70% within the forecast period.
On the basis of application, the Green Mining Market is segmented into Power Reduction, Fuel and Maintenance Reduction, Toxicity Reduction, Emission Reduction, Water Reduction.
The major players operating in the Green Mining Market are Glencore (Switzerland), Rio Tinto (UK), BHP (Australia), Vale (Brazil), Tata Steel (India), Anglo American (UK), Caterpillar Inc. (US), Komatsu Ltd. (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), Doosan Corporation (South Korea), Ma’aden (Saudi Arabia), Liebherr (Switzerland), Jiangxi Copper Corporation (China), SANY Group (China), Dundee precious (Canada), and Freeport-McMoRan (U.S.).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials