Mining Industry’s Trending Markets – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
LONDON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- As per The Business Research Company's analysis, the mining industry is on a trajectory of remarkable growth, with projections indicating that it will expand to a substantial $2775.5 billion by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 6.7%. This growth is being significantly propelled by government policies aimed at bolstering and fostering the mining sector.
As the industry evolves, businesses operating within it face both opportunities and challenges. In this dynamic landscape, The Business Research Company (TBRC) provides invaluable insights through its comprehensive reports on the mining industry.
These reports offer a thorough analysis of market trends, regulatory frameworks, technological advancements, and competitive landscapes.
Stay ahead of the competition with The Business Research Company's top eleven market reports in the mining industry:
1. Crushed Stones Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/crushed-stone-global-market-report
The anticipated expansion of the crushed stones market is projected to reach $7.76 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 14.7%.
The rise in the crushed stone mining sector can be attributed to the escalating road construction activities in swiftly advancing nations like the US and Canada, driven by the upsurge in infrastructure development initiatives.
2. Kaolin Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/kaolin-global-market-report
Prominent enterprises within the industry are employing advanced techniques in the manufacturing of kaolin. These methods encompass processes such as crushing, bunging, screening, magnetic separations, and various others. These procedures are implemented to effectively eliminate diverse forms of impurities from kaolin and to tailor its characteristics suitably, thereby ensuring a seamless end product.
3. Lignite Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/lignite-global-market-report
Anticipated at a Compound Annual Growth Rate (CAGR) of -1.3%, the lignite market is predicted to expand to $101.69 billion by 2027.
The surge in the requirement for electricity and power generation is projected to serve as a driving force behind the forthcoming growth of the lignite mining sector.
4. Nickel Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/nickel-global-market-report
Foreseen at a Compound Annual Growth Rate (CAGR) of 10.6%, the nickel market's dimensions are poised to expand from $57.51 billion in 2027.
The escalation within the nickel market can be attributed to the upswing in stainless steel production within nations like Australia and the Philippines. This trend is driven by the expanding infrastructure endeavors in these countries.
5. Sulfur Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/sulfur-global-market-report
The Sulfur industry is leveraging satellite imagery for the surveillance of its operations. This technological application has demonstrated its significance as a valuable asset for Sulfur projects. Satellite images are instrumental in tasks such as infrastructure strategizing, evaluations of environmental effects, initial exploration efforts, and assessment of ground access. This utilization of satellite imagery is a predominant trend within the Sulfur market.
6. Zinc Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/zinc-global-market-report
The Zinc industry is witnessing enhanced productivity and decreased operational expenses through the integration of robots. Robotic technology is elevating mining efficiencies by introducing autonomous trucks and drills, thereby diminishing the dependence on human labor. These developments stand out as prominent trends within the global Zinc market.
7. Natural Stone Global Market Report 2022 https://www.thebusinessresearchcompany.com/report/natural-stone-global-market-report
Envisioned to attain a Compound Annual Growth Rate (CAGR) of 5.7%, the natural stone market is projected to expand to $41.91 billion by 2027.
The expansion of construction projects is serving as the impetus behind the burgeoning natural stones market. This surge in demand is predominantly attributed to the construction sector, which encompasses entities engaged in the conception, upkeep, and restoration of various infrastructural projects.
8. Metal Mining Support Activities Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/metal-mining-support-activities-global-market-report
Anticipated to achieve a Compound Annual Growth Rate (CAGR) of 8.3%, the metal mining support activities market is poised to reach $234.19 billion by 2027.
Mining support enterprises are progressively embracing 3D modeling technologies, which yield cost savings in the discovery process, enhance prospecting efforts, and streamline focused exploration endeavors.
9. Mining Support Activities Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/mining-support-activities-global-market-report
Mining companies are progressively adopting Geographic Information System (GIS) technology to oversee crucial aspects including sustainability, geological makeup, and regulatory adherence. GIS systems play a pivotal role in capturing, documenting, assessing, and visualizing spatial or geographical data. By integrating exploration datasets like geophysical images, geochemistry, geologic maps, radiometric surveys, boreholes, and mineral deposits, GIS facilitates the efficient identification of new mineral reserves. This technology empowers mining endeavors to make informed decisions and optimize their exploration efforts.
10. Marble Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/marble-global-market-report
Projected to achieve a Compound Annual Growth Rate (CAGR) of 10.7%, the marble market is anticipated to reach $49.8 billion by 2027.
The ascending trajectory of the construction sector is poised to propel the utilization of marble, particularly in building and decorative applications. The global surge in demand for residential housing is a contributing factor to this growing trend in marble consumption.
11. Gas Treatment Global Market Report 2023 https://www.thebusinessresearchcompany.com/report/gas-treatment-global-market-report
Envisioned to attain a Compound Annual Growth Rate (CAGR) of 5.9%, the gas treatment market is projected to reach $5.31 billion by 2027.
The swiftly escalating demand for natural gas is anticipated to serve as a driving force behind the imminent expansion of the gas treatment market. Natural gas finds application in gas treatment processes encompassing extraction, purification, separation, and liquefaction. The heightened demand for natural gas consequently translates into an increased need for gas treatment solutions.
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