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Allied Market Research

Green Mining Market - Global opportunity analysis and industry forecast, 2020-2027

A08700
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Dec 2020 | 45 Views
 
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COVID-19

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Green mining is an important concept owing to the various effects on environment caused by the extraction process used for extraction of minerals. It refers to the use of different mine processes, best practices, and technologies, which are implemented in the industry so as to reduce the adverse effects on the environment caused due to extraction. Mining industry is an important industry for maintaining the sustainability of the global development.

Market scope and structure

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Mining type, Technology, Methods and Region

  Companies covered

Glencore, Rio Tinto, Vale S.A., BHP Billiton, Tata Steel, Anglo American, Jiangxi Copper Corporation Limited, Dundee Precious Metals, Liebherr, Saudi Arabian Mining Corporation, Sany, Doosan Infracore, Shandong Gold Mining Co. Ltd.

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy and rest of Europe), Asia-Pacific (China, India, Japan, South Korea and rest of Asia-Pacific) and LAMEA (Latin America, Middle East and Africa)

COVID-19 scenario analysis:

  • The demand for green mining is expected to decrease in 2020 due to low demand from different industries such as mining industry due to the lockdown imposed by government of many countries.
  • COVID-19 pandemic has shut-down the production of various products in the green mining industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the green miningmarket.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Growing concerns of environment has made the governments of the countries to take severe steps to control the pollution caused that is harmful for the eco-system. In addition, climatic changes has compelled the mining companies and government to innovate sustainable mining processes to control the emission of hazardous gases. This is anticipated to impact the growth of the market.

Key driving factors for the growth of green mining market:

By using the technologies, which are involved in green mining, power consumption can be reduced as these techniques consumes less power as compare to the conventional mining processes. Hence, different companies in the mining industry across the globe are adopting the green mining market. Therefore, demand for green mining is expected to increase during the forecast period.

Key segments covered:

Segments

Sub-segments

Mining type

 

  • Underground Mining
  • Surface Mining

Methods

  • Power Reduction
  • Fuel and Maintenance Reduction
  • Emission Reduction
  • Water Reduction
  • Others

Technology

 

  • Carbon capture and storage (CCS)
  • Dust suppression technique (DST).
  • Liquid membrane emulsion technology (LMET)

 

Key benefits of the report:

  • This study presents the analytical depiction of the green mining market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the green mining market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the green mining market growth scenario.
  • The report provides a detailed green mining market analysis based on competitive intensity and how the competition will take shape in the coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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