openPR Logo
Press release

Mining Metals Market Expected to Expand at a Steady CAGR through 2024

Mining Metals Market Expected to Expand at a Steady CAGR through

Global Mining Metals Market

The mining industry contributes significantly toward the economic and industrial growth of a nation. Major mining metals include lead, copper, tin, zinc, nickel, cobalt, and aluminum. Gold, platinum, palladium, and silver are among the precious mining metals. The global mining metals market has been among the fastest growing. However, in recent years, the market has witnessed slow growth due to the economic slowdown across nations.

Request Sample Copy of the Report@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11207

Iron ore, gold, copper, and nickel are the most important investment targets for mining companies as these premium metals are expected to play a pivotal role in future projects. It has been observed that mining companies are increasingly exploring the benefits of vertical integration to control the entire value chain of the market. Market players are focusing on every phase of the value chain, right from mining to production. However, to control the value chain, mining companies need to control operating costs as well as commodity prices.

Global Mining Metals Market: Key Trends and Opportunities

The global mining metals market is highly dependent on the economic growth of nations. As a nation’s economy grows, investments increase in the infrastructure sector, thereby fuelling the demand for mining metals. Oversupply and low demand for mining metals leads to significant fall in their prices. For example, the economic slowdown in China has led to drastic reduction in the prices of mining metals, especially copper. With China’s economy slowing down, investments in the energy and mining sectors have reduced. Ongoing projects in these sectors have been stalled. As a result, the demand for mining metals has reduced significantly. This has created a negative impact on the overall growth of the global mining metals market. Falling oil prices since 2015 have also hampered the growth of the market. Consequently, 2015 has been termed as one of the worst years for the global mining metals market.

A rise in labor costs has led market players to cut down their workforce. This has resulted in labor unrest across various locations in the recent years. Market players are also facing increased regulatory compliance costs due to the implementation of new taxes. The global mining metals market is expected to witness significant demand from the equipment industry.

Global Mining Metals Market: Region-wise Outlook

The global mining metals market has been segmented into four key regions: Europe, Asia Pacific, North America, and Rest of the World. Asia Pacific has been the major region in the market due to the growing demand from emerging economies such as China, Indonesia, Australia, and India. In the last couple of years, the region has witnessed increased investments in the mining sector with market players expanding their production capacities and exploring new mining sites. The rapid growth of economy in China and India has created favorable opportunities for the growth of the market. In fact, China is now playing a major role in the growth of the market. It is the largest importer of copper and imports around 45% of the total copper mined across the globe.

Some of the prominent players in the global mining metals market are Rio Tinto (Australia/the U.K.), BHP Billiton (Australia/the U.K.), China Shenhua Energy (China), Vale (Brazil), and Glencore Xstrata (the U.K.). Currently, the key players are struggling to maintain their profit levels with the market suffering from oversupply and weak demand for mining metals. Prices of mining metals are falling below the cost of production across many mining projects by the key players.

Request TOC of the Report@ http://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=11207

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mining Metals Market Expected to Expand at a Steady CAGR through 2024 here

News-ID: 704163 • Views: 308

More Releases from Transparency Market Research

Wound Care Market Share Analysis, Advancement and Precise Outlook – 2024
Global Wound Care Market: Overview Over the years, the wound care market has become more technology intensive. Interested health care companies and medical device makers have poured in large amounts in research and development activities, expanding the scope of wound care. View Report : https://www.transparencymarketresearch.com/wound-care-market.html The product landscape is heavily influenced by competitive pricing strategies adopted by numerous top players. These players have considerably advanced the scope of product innovations to meet
Healthcare EDI Market Trends by Manufacturers, States, Type and Application
Global Healthcare EDI Market: Overview Management of data such as patient history records, emergency services records, and medication data is of critical importance in the healthcare industry. Healthcare professionals are acknowledging systems that are capable of managing massive data in an efficient, systematic, and easily accessible manner. As a result, electronic data interchange (EDI) is being implemented across all sub-divisions of the industry. View Report : https://www.transparencymarketresearch.com/healthcare-edi-market.html Some of the key applications
Mobile Medical Apps Market Size Industry Analysis, Size, Trends, Growth And Outl …
Over the past few years, medical mobile apps have made rapid emergence in the healthcare industry. Their role in improving patient experience has intensified more than ever, and have helped proponents of patient care providers to overcome geographical barriers. Concomitantly, medical apps used by mobile users have also proliferated in numbers. The most crucial difference is probably stark in the growing use of diagnostic information and reminders by patients through
Analysis of COVID-19 Crisis-driven Growth Opportunities in Medical Bioinformatic …
Bioinformatics involves the development and application of novel informatics techniques in the field of biology. It improves the methods of storing, organizing, retrieving and analyzing biological data. Major activity in bioinformatics is to develop software tools in order to generate useful biological knowledge database. In molecular biology, bioinformatics techniques such as signal processing allow extraction of useful results from large amount of raw data. In the field of genetics it

All 5 Releases


More Releases for China

China Attestation
China is a growing Asian country and day by day many people migrate into the country for pursuing their personal needs. But going into China is not an easy task, we have to face some legal steps ahead. Let us define all this legal action in a single word China attestation. China government placed its embassies all over the world for ensuring the trustworthiness of the immigrant’s certificate. There
Packaged Water in China
ReportsWorldwide has announced the addition of a new report title Packaged Water in China to its growing collection of premium market research reports. Packaged Water in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Agrochemicals Market in China
ReportsWorldwide has announced the addition of a new report title China: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “China: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis
Telecom Cloud Billing Services Explore In Regions (South China, East China, Sout …
Big Market Research has added a report, titled, “China Telecom Cloud Billing Services Market Size, Status and Forecast 2022.” The report offers an extensive information and analysis of sales, production, revenue, key manufacturers, drivers & opportunities, and competitive scenario. Moreover, current industry trends and growth prospects are explored along with thorough analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. The research also offers insights
Restaurant Markets in China
China’s demand for Restaurant has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China’s economic trends, investment environment, industry development, supply