Press release
Support Activities For Metal Mining Market 2020 By Global Industry Trends, COVID 19 Outbreak And Development Status
The global support activities for metal mining market is expected to decline from $136.4 billion in 2019 to $113.2 billion in 2020 at a compound annual growth rate (CAGR) of -17%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 3% from 2021 and reach $123.7 billion in 2023.
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The support activities for metal mining (except site preparation and related construction activities) market consists of sales of support activities for metal mining (except site preparation and related construction activities) services by entities (organizations, sole traders and partnerships) that perform support activities for mining and quarrying of metallic minerals and for extraction of metal ores. Exploration for these minerals is included in this market and it includes traditional prospecting methods, such as taking core samples and making geological observations at prospective sites.
Mining support companies are increasingly opting for 3D modeling technologies which reduce costs of discovery, improves prospecting and facilitates focused exploration. A geological 3D modeling tool provides computerized illustrations of earth crust based on geological and geophysical observations made on earth surface and earth crust.
Support Activities For Metal Mining Market Segmentation: -
By Type
1) Drilling Services - Support Activities For Metal Mining
2) Exploration Services - Support Activities For Metal Mining
3) Draining Services - Support Activities For Metal Mining
4) Others - Support Activities For Metal Mining
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Support Activities For Metal Mining Market Characteristics
4. Support Activities For Metal Mining Market Product Analysis
5. Support Activities For Metal Mining Market Supply Chain
………………
19. Support Activities For Metal Mining Market Competitive Landscape
20. Key Mergers And Acquisitions In The Support Activities For Metal Mining Market
21. Market Background: Support Activities For Mining Market
22. Recommendations
23. Appendix
The report covers the trends and market dynamics of the support activities for metal mining market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the support activities for metal mining market are CIMIC Group, PT United Tractors, Downer Blasting Services (DBS), Barminco Holdings Pty Limited, Boart Longyear
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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