The latest research report by Emergen Research, named ‘Global Green Mining Market - Forecast to 2027’, entails a comprehensive review of the global Green Mining Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.
The global green mining market is estimated to reach value of USD 15.90 Billion by 2027. The key factors driving the market are availability of cost-effective methods for mining, rise in pollution level, and increase in the need for maintaining the ecological balance. Surface mining is often preferred over underground mining by mining companies due to several reasons. The surface mining technique is less expensive; it is also a safe method of mining.
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Surface mining comprises five sub-types, including strip mining, open-pit mining, dredging, high-wall mining, and mountaintop removal. Open-pit mining is the most commonly used surface mining technique. The pit or hole in open-pit mining is created by blasting through explosives and drilling. The open-pit mining is mostly used to extract gravel, sand, and even rock. Dredging is the process of extracting minerals from water bodies such as lakes, rivers, and oceans.
The global green mining market is expected to remain in a highly competitive and fragmented landscape in the near future, consisting of several small start-ups, medium enterprises, and large conglomerates. During the forecast period, increasing demand for surface mining techniques is likely to drive the green mining market.
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Emergen Research has segmented the global green mining market based on mining technique, technology, and region as follows:
Mining Technique Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
Surface Mining Technique
Underground Mining Technique
Technology Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2017–2027)
Fuel Maintenance Reduction
The global Green Mining market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Green Mining market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key market participants include BHP Billiton, TATA Steel, Anglo American, Glencore, Dundee Precious, Rio Tinto, Freeport-McMoRan, Shandong Gold Mining Co. Ltd, Jiangxi Copper Corporation, and Doosan Infracore.
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The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
Rest of EU
Rest of APAC
Rest of Latin America
Middle East Africa
Rest of MEA
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