Global Green Mining Market Overview
According to SPER Market Research, the Global Green Mining Market is estimated to reach USD 28.95 billion by 2032 with a CAGR of 10.16%.
The mining of minerals and metals from the earth while preserving the environment and upholding social responsibility is referred to as "green mining" globally. The mining sector has historically been linked to detrimental effects on the environment and society, such as deforestation, water pollution, and community uprooting. The green mining strategy aims to lessen these effects and develop a more sustainable mining sector. A variety of methods and tools that lessen mining operations' environmental impact are included in the green mining market. The rising demand for the minerals and metals needed to manufacture clean energy devices like solar panels, wind turbines, and electric cars is one of the major factors driving the worldwide green mining industry. It is anticipated that demand for certain minerals and metals would rise dramatically as the world moves towards a low-carbon economy. To minimise detrimental environmental and social effects, this expansion must be balanced with sustainable mining techniques. Several businesses, from major multinational mining conglomerates to smaller, specialised businesses, operate in the worldwide green mining sector. To lessen their impact on the environment, many of these businesses have made sustainability a key component of their business strategy and adopted a number of green mining techniques. The global market for green mining, as a whole, heralds a change towards a more sustainable and accountable mining sector. Mining businesses can both meet the increasing demand for minerals and metals and help ensure a more sustainable future for the earth by giving environmental and social sustainability top priority.
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Impact of COVID-19 on the Global Green Mining Market
The global market for green mining has been significantly impacted by the COVID-19 outbreak. The epidemic hindered global supply chains, which decreased demand for the metals and minerals required in several industries. This decrease in demand, coupled with fewer mining operations as a result of lockdowns and restrictions, led to a significant downturn in mining activity globally. The pandemic also highlighted the need of sustainability and ethical mining practises, with many corporations realising the need to place a premium on environmental and social sustainability. Since companies want to minimise their environmental impact and the consequences of their operations on neighbouring communities, there is currently a growing emphasis on green mining practises and technologies. The epidemic has additionally accelerated the use of digital technology in the mining industry, with remote monitoring and automation technologies now playing a bigger role. These developments have allowed mining companies to continue operating while reducing the risk of COVID-19 spreading among employees. Globally, the COVID-19 epidemic has had a mixed impact on the green mining business. Although it has reduced mining activity and the demand for minerals and metals, it has also raised awareness of the need for ethical and environmentally friendly mining methods and technologies. The need for minerals and metals is expected to increase as the world starts to recover from the epidemic, and the green mining industry will be crucial to sustainably meeting this demand.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Application, By Technology.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Anglo American, BHP Billiton, Doosan Infracore, Dundee Precious, Freeport-McMoRan, Glencore, Jiangxi Copper Corporation, Ma’aden,Rio Tinto, Sany Heavy Industry Co., Ltd., Saudi Arabian Mining Corporation, Shandong Gold Mining Co. Ltd., TATA Steel, Vale S.A.
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Target Audience:
- Mining companies
- Government organizations
- Regulatory authorities
- Environmental agencies
Global Green Mining Market Segmentation:
1. By Type:
2. By Application:
- Emission Reduction
- Power Reduction
- Water Reduction
- Others
3. By Technology:
- Exploration Geology
- Mining
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Green Mining Market (FY’2019-FY’2032)
- Overview of Global Green Mining Market
- Segmentation of Global Green Mining Market By Type (Surface, Underground)
- Segmentation of Global Green Mining Market By Application (Emission Reduction, Power Reduction, Water Reduction, Others)
- Segmentation of Global Green Mining Market By Technology (Exploration Geology, Mining)
- Statistical Snap of Global Green Mining Market
- Growth Analysis of Global Green Mining Market
- Problems and Challenges in Global Green Mining Market
- Competitive Landscape in the Global Green Mining Market
- Impact of COVID-19 and Demonetization on Global Green Mining Market
- Details on Recent Investment in Global Green Mining Market
- Competitive Analysis of Global Green Mining Market
- Major Players in the Global Green Mining Market
- SWOT Analysis of Global Green Mining Market
- Global Green Mining Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Green Mining Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Green Mining Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Green Mining Market
7. Global Green Mining Market, By Type, 2019-2032 (USD Million)
7.1 Surface
7.2 Underground
8. Global Green Mining Market, By Application, 2019-2032 (USD Million)
8.1 Emission Reduction
8.2 Power Reduction
8.3 Water Reduction
8.4 Others
9. Global Green Mining Market, By Technology, 2019-2032 (USD Million)
9.1 Exploration Geology
9.2 Mining
10. Global Green Mining Market, By Region, 2019-2032 (USD Million)
10.1 Global Green Mining Market Size and Market Share by Region (2019-2025)
10.2 Global Green Mining Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America
11. Company Profiles
11.1 Anglo American
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 BHP Billiton
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Doosan Infracore
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Dundee Precious
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Freeport-McMoRan
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Glencore
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Jiangxi Copper Corporation
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Ma’aden,Rio Tinto
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Sany Heavy Industry Co., Ltd.
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Saudi Arabian Mining Corporation
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Shandong Gold Mining Co. Ltd.
11.11.1 Company details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent developments
11.12 TATA Steel
11.12.1 Company details
11.12.2 Financial outlook
11.12.3 Product summary
11.12.4 Recent developments
11.13 Vale S.A.
11.13.1 Company details
11.13.2 Financial outlook
11.13.3 Product summary
11.13.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
