The Metal And Mineral Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Metal And Mineral Market?
The market size of the Metal And Mineral Global Market Report 2025 has seen significant growth. It is projected to expand from $8432.82 billion in 2024 to $8946.24 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Metal And Mineral Industry?
The Metal And Mineral Global Market is predicted to expand to a size of $10704.96 billion by 2029. This growth is expected to occur at a compound annual growth rate (CAGR) of 4.6%.
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What are the Key Growth Drivers Fueling the Metal And Mineral Market?
The key drivers in the metal and mineral market are:
• Adoption of circular economy practices in the industry
• The influence of the electric vehicle revolution
• Enhancement of supply chain resilience
• Implication of geopolitical factors
• Evolution and change in consumer preferences
Global Market Segmentation: Identifying Major Metal And Mineral Industry Segments
The metal and mineral market covered in this report is segmented –
1) By Type: Mineral, Metal, Metal Products
2) By Application: Chemicals Manufacturing, Metallurgy, Electrical Grid Infrastructure, Electronics, Glass Products, Vehicles, Other Applications
3) By End User: Construction, Manufacturing, Other End Users
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What are the Emerging Trends Shaping the Future of the Metal And Mineral Market?
The key trends in the metal and mineral market are:
• The market is being shaped by an increased focus on green technologies and sustainable practices.
• Technological innovation in processing and mining is becoming a key trend.
• The market is witnessing a rising emphasis on recycling efforts.
• The trend towards digitalization and automation in mining is growing.
Who Are the Top Competitors & Leading Players in the Metal And Mineral Market?
Major companies in the metal and mineral market are:
• Glencore plc
• ArcelorMittal S.A.
• Pohang Iron and Steel Company
• BHP Group
• Nippon Steel & Sumitomo Metal Corporation
• Baoshan Iron & Steel Company Limited
• Rio Tinto
• China Shenhua Energy Co. Ltd.
• Vale S.A.
• China National Building Material Group Co. Ltd
• Hindalco Industries Limited
• Freeport-McMoRan Inc.
• Norsk Hydro ASA
• Vedanta Limited
• Teck Resources Limited
• Newmont Corporation
• Barrick Gold Corporation
• Alcoa Corporation
• Southern Copper Corporation
• Anglo American Platinum Limited
• Sibanye Stillwater Limited
• First Quantum Minerals
• Agnico Eagle Mines Limited
• Gold Fields Limited
• Kinross Gold Corporation
• Yamana Gold Inc.
• Wheaton Precious Metals Corp.
• Pan American Silver Corp.
• First Majestic Silver Corp.
• PJSC ALROSA
• Polymetal International plc
• Turquoise Hill Resources Ltd.
• Lundin Mining Corporation
• OZ Minerals Limited
• Hochschild Mining plc
• SSR Mining Inc.
• Fortescue Metals Group Limited
• Kaz Minerals PLC
• Mineral Resources Limited
• Iamgold Corporation
• Centamin plc
• Sierra Metals Inc.
• Osisko Gold Royalties Ltd.
• Sandstorm Gold Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the metal and mineral market in 2024
