A10744 | Pages: NA | Jul 2022 | 298 Views | | |
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Surface Mining Market
Request Now !Surface mining is a type of mining process in which the overlying soil and rocks over a mineral deposit are removed and the minerals beneath them are recovered. The surface mining process is considered to be better than other conventional techniques in terms of safety, rate of recovery, and great control. Surface mining process also helps in the reduction of the overall cost of the process by assuring maximum utilization of the mines. As a result, this technique is gaining popularity for the extraction of minerals around the world.
Market scope and structure analysis :
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Application and Region |
Geographies covered | North America (U.S. and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of LATAM) and Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA) |
Companies covered | Komatsu Ltd, Caterpillar Inc, Sandvik AB, Atlas Copco AB, Hitachi Construction Machinery Co., Ltd., BHP Billiton, Vale S.A, Rio TTint, Anglo American Plc., Freeport-McMoRan Inc. and Barrick Gold Corporation. |
COVID-19 scenario analysis:
The outbreak of the COVID-19 pandemic has severely affected the global surface mining market to a great extent.
With the rapid modernization across the globe there is a constant increase in the demand for metals and minerals in different industries. This played a major role in the growth of the surface mining market over the period of time. Requirement of metals such as nickel, chromium, gold, iron, and others has increased exponentially over the last few decades. Apart from just mining mineral and metals, surface mining also has great significance in the extraction of coal. Rapid urbanization and ever increasing need for fuel also adds to the growing applications of surface mining around the world. However, compared to the conventional mining techniques, surface mining has more prominent impacts on the environment, which limits the market growth.
The market in the North America region holds a significant share of the global surface mining market due to the rapid advancements in mining technologies in the developed regions such as the U.S. The market in the Asia-Pacific region is also likely to show potential growth with the increase in demand for minerals and metals in the emerging economies of the region.
Key segments covered:
Segments | Sub-segments |
Type | • Strip Mining • Terrace Mining • Open-Pit Mining • Others |
Application | • Coal Mining • Metal Mining • Mineral Mining • Others |
Key benefits of the report:
Key Market Segments
Segments | Sub-segments |
---|---|
By Type |
|
By Application |
|
By Region |
|
Key Market Players
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers