The report on the Global Base Metal Mining Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2019 to 2026. The market is portioned into various segments with an in-depth outlook of the competitive outlook and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Base metal mining refers to mining of base metals like nickel, copper, zinc, steel and other metals. Base metals are essential and basic elements required for infrastructural development, construction activities, for metal processing purpose and other commercial and industrial applications. These metals are available in abundance and occur naturally. Base metals are usually mined and then their pure substrates are processed and used in several applications.
Different types of useful alloys are made by mixing base metals together. Base metals are available at a very low cost and are used widely in many domestic as well as for end-use applications. Global base metal mining market is analyzed based on its type into nickel, aluminum, copper, lead-zinc and tin. Aluminum is the most prominently used base metal. Due to its low weight and high strength aluminum has wide range of applications both commercial and industrial. Other metals like iron and steel which are also considered as base metals are prominently used in industry based and end-user applications.
High demand for aluminum from the automobile and aircraft industry prominently augment the growth of this market. In addition, rapid infrastructural development coupled with growth of construction industry in developing economies further escalates the growth of global base metal mining market. High growth of electronics market coupled with increased use of copper and aluminum in making electronic components facilitates mining activities of these metals. This in turn rapidly boosts the growth of global base metal mining market. Base metals are available at cheap cost and act as basic raw materials in making of several end-user industry components which will further drive this market over the forecast period. Stringent regulations by government on mining activities will hinder market growth to some extent.
Asia Pacific is expected to show fastest market growth owing to urbanization and rapid growth of construction industry in India and China. North America being a highly developed region will show high market growth due to rapid infrastructural development in U.S. MEA and Latin America will show steady growth over the forecast period.
Major companies operating in global base metal mining market are:
- Royal Nickel Corporation
- Lundin Mining Corp
- Hudbay Minerals Inc.
- Independence Group NL
- Nevsun Resources Ltd
- Cliffs Natural Resources Inc.
- Ferrexpo Plc
- Western Areas NL
- Imperial Metals Corp.
- Metals X Ltd
- Freeport-McMoRan Copper & Gold Inc.
- Vedanta Resources Plc
- Rio Tinto Group
- MMC Norilsk Nickel
- BHP Billiton Plc
- Vale SA
- Bosai Minerals Group
- Anglo American Plc
- Glencore International
- Southern Copper Corp.
- First Quantum Minerals Ltd.
- United States Steel Corp
SEGMENTATIONS IN REPORT:
Base Metal Mining Market By Type
- Copper
- Nickel
- Lead-zinc
- Aluminum
- Tin
Base Metal Mining By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Base Metal Mining Market has been exhibited in detail in the following chapters -
Chapter 1 Base Metal Mining Market Preface
Chapter 2 Executive Summary
Chapter 3 Base Metal Mining Industry Analysis
Chapter 4 Base Metal Mining Market Value Chain Analysis
Chapter 5 Base Metal Mining Market Analysis By Type
Chapter 6 Base Metal Mining Market Analysis By Geography
Chapter 7 Competitive Landscape Of Base Metal Mining Companies
Chapter 8 Company Profiles Of Base Metal Mining Industry