"We Envision Growth Strategies Most Suited
to Your Business"

Mining Waste Management Market to Reach USD 203.91 Billion Tons by 2027; Rising Adoption of Co-Disposal Technique to Boost Growth

July 15, 2020 | Chemicals & Materials

The global mining waste management market size is projected to reach USD 203.91 billion tons by 2027. It is likely to gain impetus from the ever-increasing practice of the co-disposal technique worldwide. This technique helps in blending fine tailings and waste rock. Then they are disposed together to enhance the chemical and physical stability of the mine waste. This information is given by Fortune Business Insights™ in a recent report, titled, “Mining Waste Management Market Size, Share & COVID-19 Impact Analysis, By Source (Surface Mining and Underground Mining), By Waste Type (Solid Waste {Waste Rock, Tailings, Others} and Liquid Waste), By Commodity (Mineral Fuels, Iron, Ferro Alloys, Industrial Minerals and Others) and Regional Forecast, 2020-2027.” The report further states that the global market stood at USD 164.16 billion tons in 2019. However, it would exhibit a CAGR of 2.9% during the forecast period between 2020 to 2027.


Séché Environnement Acquires Interwaste to Enter in South African Markets


In March 2019, Séché Environnement Group, a prominent provider of solutions for the management of hazardous and non-hazardous waste headquartered in France, declared that it acquired Interwaste Holdings Limited. This acquisition would help Séché in broadening its footprint in the South African markets. The company’s goal is to better serve the local customers and fulfil their waste management needs for mining. It would aid in establishing the region’s waste market well.


As per one of the company officials, “We are combining the complementary expertise of Interwaste and Séché that’s built on the environmental and social values. This would help in augmenting Interwaste’s growth in the market by providing waste-management solutions to municipal and industrial clients, thereby developing a brand new international operator in South Africa.”


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/mining-waste-management-market-101369


Rising Implementation of Governmental Laws to Spur Growth


The governments of various countries across the globe are putting forward stringent norms and regulations on mining waste disposal and mining operations. In the U.S., for instance, the federal laws regulating the mining operations consist of Comprehensive Environmental Response, Compensation & Liability Act (CERCLA), Clean Water Act (CWA), Toxic Substances Control Acts (TSCA), Resource Conservation and Recovery Act (RCRA), Clean Air Act (CAA), and National Environmental Policy Act (NEPA). If these regulations are violated, it would lead to civil penalties. These factors are anticipated to propel the mining waste management market growth in the coming years.


However, mining waste management requires high investments. Coupled with this, the present outbreak of the COVID-19 pandemic is likely to lower the year-on-year growth of the market in 2020 as there is shortage of laborers and reduced demand for minerals.


Key Players Engage in Acquisitions & Bagging Agreements to Intensify Competition


The market houses a large number of companies that are present in several parts of the world. They are persistently striving to gain a competitive edge by focusing on the strategies of mergers and acquisitions, as well as signing agreements with the other reputed enterprises.


Fortune Business Insights™ lists out the names of all the companies operating in this global market. They are as follows:



  • Enviro-Serve Inc. (South Africa)

  • Hatch Ltd. (Canada)

  • Veolia Environment S.A. (France)

  • Tetronics International (UK)

  • Golder Associates Inc. (Canada)

  • John Wood Group PLC (UK)

  • Ramboll Group (Denmark)

  • Tetra Tech, Inc. (USA)

  • Ausenco (Australia)

  • Seche Environment Company (France)

  • Cleanway Environmental Services (Australia)

  • Aevitas (Canada)


Significant Industry Developments-



  • June 2019: Veolia Ghana Limited announced that it signed an agreement with a gold mining company named AngloGold Ashanti Limited. This agreement would enable Veolia in maintaining and operating all the water treatment plants for the Obuasi mines in Ghana. The term of the contract is three years and during this given timeline, Veolia will be delivering its expertise for the mining industry.


Further Report Findings-



  • North America procured USD 22.99 billion tons in terms of revenue in 2019 owing to the increasing demand for these waste management systems in the U.S. This is occurring because of the rising number of mineral fuel mining exploration activities taking place in this country.

  • Asia Pacific is expected to dominate in the coming years backed by the major contribution of China. The country houses a large number of mines.

  • Based on commodity, the mineral fuels segment held 84.1% mining waste management market share in 2019. This type of waste is generated because of rapid industrialization. To meet the growing demand, new sites are explored persistently. It is a vital driving factor of this segment.  


The global market can be segmented in the following way:











































 ATTRIBUTE



  DETAILS



Study Period



   2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Volume (Billion Tons)



Segmentation



By Source



  • Surface Mining

  • Underground Mining



By Waste Type



  • Solid Waste

    • Waste Rock

    • Tailings

    • Others



  • Liquid Waste



By Commodity



  • Mineral Fuels

  • Iron, Ferro Alloys

  • Industrial Minerals

  • Others



By Region



  • North America (U.S. and Canada)

  • Europe (Russia, Germany, Norway, Poland and Rest of Europe)

  • Asia Pacific (China, Australia, India, ASEAN and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)


Global Mining Waste Management Market
  • PDF
  • 2019
  • 2016-2018
  • 100

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Our Clients

Hilti
reliance
lg-electronics
Bio-Rad
akzonobel-logo
kuhn_logo
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X