Machinery Market PR

Surface Mining Market Insights, Forecast to 2019 Analysis by Application, Size, Production, Market Share, Consumption, Trends and Forecast 2026

Pressmeddelande   •   Mar 13, 2020 17:03 CET

The main objective of this report is to define, describe, and forecast the global Mineral Feed market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in Mineral Feed market.

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The global Surface Mining Market size was valued USD 25.83 Billion in 2018 and is estimated to reach USD 32.90 Billion by 2026.

This can be mainly associated with the consumption of metals and minerals across the globe in several end-user industries such as electronic and electrical, and machinery industries. Also, increasing demand for electricity is expected to drive the growth of the market positively. According to the World Bank, global metal consumption observed a positive growth of about 1.80% in 2016. Additionally, the increasing use of metals across the globe is promoting the expansion of global market. Apart from this, an abundance of mineral and metal ores in the world is expected to impact the growth of the market positively. Growing consumption of electricity has raised the demand for coals in the world. This factor is expected to augment the growth of the global surface mining market. Further, improvement in surface mining technologies is also responsible for the growth of the market. Also, the market is observing the launch of new and innovative surface mining solutions, which further enhances operational efficiency. This factor is expected to initiate current and future market growth prospects.

Surface mining is a kind of mining in which mineral deposits are collected by removing overlying rock and soil. The initial type of surface mining methods includes open-pit mining, strip mining, and mountaintop removal. Surface mining offers several advantages over underground mining, such as less complexity and low operational cost.

North America accounts for the largest market share of 32.3% in 2018. Presence of a large number of metallic, coal, and non-metallic resources in the region is forecasted to spur the growth of the market in this region. The abundance of non-metallic mineral ores in Canada is believed to stimulate the growth of the market in North America. U.S. and Canada are considered to be a significant contributor to the growth of the market in the North America region.

Further key findings from the report suggest

  • Non-metallic ore accounts for a market share of 30.6% in 2018.
  • The rise in demand can be due to the growing use of lime, salts, and phosphate.
  • Metallic ore is valued at USD 12.87 Billion by 2026 and is estimated to reach USD 16.39 Billion by 2026 at a CAGR of 3.0% during the forecast period.
  • Strip mining method accounts for the largest share of 36.8% of the market in 2018.
  • Strip mining is implemented when the mineral deposits and the surface of the ground are adjacent to each other. It is likely due to increasing demand for metals such as zinc, gold, silver, and copper.
  • Among the End users, the metal segment accounts for the largest share of 39.3% in 2018.
  • Electric power industry end user is estimated to reach USD 7.41 Billion by 2016 at the highest CAGR of 3.2% during the forecast period.
  • With the growing industrialization and urbanization across the globe, the demand for power generation has also increased.
  • The rising need has led to an enhanced demand for coal, which plays an essential role in energy production.
  • Coal is widely used for electricity generation purpose, and is anticipated to promote the surface mining industry growth during the forecast period.
  • Coal mining is likely to develop as a high growing activity, and it involves the use of devices such as road headers, scraper conveyors, and coal winning machines.
  • Furthermore, the growing population, along with expanded economic activity, has boosted the market for coal significantly, for electricity production and heating purposes.
  • Key participants include Rio Tinto, BHP Billiton, Barrick Gold Corporation, Glencor, China Shenhua Energy, Coal India Limited, Vale S.A., Freeport-McMoran, Goldcorp Inc., Anglo America

Segments covered in the report:

For the purpose of this report, Reports and Data have segmented global Surface Mining Market on the basis of Method, Mineral, End Users, and region:

Method Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Strip Mining
  • Open Pit Mining
  • Mountain Removal Mining
  • Others

Mineral Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Metallic Ore
  • Non-metallic Ore
  • Coal Mining

End User Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Metal
  • Electric power industry
  • Manufacturing
  • Others

Regional Outlook (Revenue in USD Million; 2016–2026)

  • North America
    • U.S.
  • Europe
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

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Section 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Section 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Section 3. Indicative Metrics
Section 4. Surface Mining Market Segmentation & Impact Analysis
4.1. Surface Mining Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rise in mining activities for extraction of minerals and metals from the ground
4.2.2.2. Growing demand for electricity globally
4.2.3. Market restraints analysis
4.2.3.1. stringent environmental regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Section 5. Surface Mining Market By Method Insights & Trends
5.1. Method dynamics & Market Share, 2019 & 2026
5.2. Strip Mining
5.2.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
5.2.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
5.3. Open Pit Mining
5.3.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
5.3.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
5.4. Mountain Removal Mining
5.4.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
5.4.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
5.5. Others
5.5.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
5.5.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
Section 6. Surface Mining Market By Mineral Insights & Trends
6.1. Mineral dynamics & Market Share, 2019 & 2026
6.2. Metallic Ore
6.2.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
6.2.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
6.3. Non-metallic Ore
6.3.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
6.3.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
6.4. Coal Mining
6.4.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
6.4.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)(Kilo Tons)
Section 7. Surface Mining Market By End User Insights & Trends
7.1. End User dynamics & Market Share, 2019 & 2026
7.2. Metal
7.2.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
7.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)(Kilo Tons)
7.3. Electric power industry
7.3.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
7.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)(Kilo Tons)
7.4. Manufacturing
7.4.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
7.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)(Kilo Tons)
7.5. Others
7.5.1. Market estimates and forecast, 2016 – 2026(USD Million)(Kilo Tons)
7.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)(Kilo Tons)
Section 8. Surface Mining Market Regional Outlook
8.1. Surface Mining Market share by region, 2019 & 2026
8.2. North America
8.2.1. North America Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.2.2. North America Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.2.3. North America Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.2.4. North America Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.2.5. US
8.2.5.1. US Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.2.5.2. US Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.2.5.3. US Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.2.5.4. US Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.3. Europe
8.3.1. Europe Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.3.2. Europe Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.3.3. Europe Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.3.4. Europe Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.3.5. UK
8.3.5.1. UK Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.3.5.2. UK Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.3.5.3. UK Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.3.5.4. UK Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.3.6. France
8.3.6.1. France Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.3.6.2. France Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.3.6.3. France Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.3.6.4. France Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.4. Asia-Pacific
8.4.1. Asia-Pacific Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.4.2. Asia-Pacific Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.4.3. Asia-Pacific Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.4.4. Asia-Pacific Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.4.5. China
8.4.5.1. China Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.4.5.2. China Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.4.5.3. China Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.4.5.4. China Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.4.6. India
8.4.6.1. India Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.4.6.2. India Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.4.6.3. India Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.4.6.4. India Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.4.7. Japan
8.4.7.1. Japan Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.4.7.2. Japan Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.4.7.3. Japan Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.4.7.4. Japan Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.5. Middle East and Africa
8.5.1. Middle East and Africa Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.5.2. Middle East and Africa Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.5.3. Middle East and Africa Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.5.4. Middle East and Africa Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.6. Latin America
8.6.1. Latin America Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.6.2. Latin America Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.6.3. Latin America Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.6.4. Latin America Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
8.6.5. Brazil
8.6.5.1. Brazil Surface Mining Market estimates and forecast, 2016 – 2026, (USD Million)(Kilo Tons)
8.6.5.2. Brazil Surface Mining Market estimates and forecast By Method, 2016 –2026, (USD Million)(Kilo Tons)
8.6.5.3. Brazil Surface Mining Market estimates and forecast by Mineral, 2016 –2026, (USD Million)(Kilo Tons)
8.6.5.4. Brazil Surface Mining Market estimates and forecast by End User, 2016 –2026, (USD Million)(Kilo Tons)
Section 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Section 10. Company Profiles
10.1. BHP Billiton
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Method Insights
10.1.4. Strategic Initiatives
10.2. Rio Tinto
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Method Insights
10.2.4. Strategic Initiatives
10.3. Glencore
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Method Insights
10.3.4. Strategic Initiatives
10.4. China Shenhua Energy
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Method Insights
10.4.4. Strategic Initiatives
10.5. Vale S.A.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Method Insights
10.5.4. Strategic Initiatives
10.6. Coal India Limited
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Method Insights
10.6.4. Strategic Initiatives
10.7. Freeport-McMoran
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Method Insights
10.7.4. Strategic Initiatives
10.8. Barrick Gold Corporation
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Method Insights
10.8.4. Strategic Initiatives
10.9. Goldcorp Inc.
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Method Insights
10.9.4. Strategic Initiatives
10.10. Anglo American
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Method Insights
10.10.4. Strategic Initiatives

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