Copper, Nickel, Lead, And Zinc Global Market To Reach Value Of About $165.7 Billion In 2025

4 Feb, 2021

The copper, nickel, lead and zinc market consists of sales of copper, nickel, lead and zinc ores and concentrates by entities (organizations, sole traders and partnerships) that mine copper, nickel, lead and zinc ores. The industry includes establishments that develop mine sites, mine and convert ores into copper, nickel, lead or zinc concentrates. Mining is either through underground or surface mining techniques or both.

Global Copper, Nickel, Lead, And Zinc Market Size And Drivers:

The global copper, nickel, lead, and zinc market is expected to grow from $111.54 billion in 2020 to $127.25 billion in 2021 at a compound annual growth rate (CAGR) of 14.1%. The market is expected to reach $165.77 billion in 2025 at a CAGR of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

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Trends In The Global Copper, Nickel, Lead, And Zinc Market

The use of autonomous hauling system trucks in the mining industry is significantly enhancing production efficiency and reducing turnaround time. Autonomous haulage systems control and track mining vehicle movements, coordinates and autonomously drives off-highway haul trucks operating in a mine. This system increases efficiency by minimizing delays, reducing operating costs and reducing fuel consumption, thereby minimizing carbon emissions.

Global Copper, Nickel, Lead, And Zinc Market Segments:

The global copper, nickel, lead, and zinc market is further segmented based on type, organization size, end-user industry and geography.
By Type: Copper, Zinc, Lead, Nickel.
By Organization Size: Large Enterprises, Small And Medium Enterprises
By End-User Industry: Construction, Transport, Manufacturing, Others
By Geography: The global copper, nickel, lead, and zinc market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global copper, nickel, lead, and zinc market, accounting for 64% of the total market.

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Copper, Nickel, Lead, And Zinc Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides copper, nickel, lead, and zinc market overviews, analyzes and forecasts market size and growth for the global copper, nickel, lead, and zinc market, copper, nickel, lead, and zinc market share, copper, nickel, lead, and zinc market players, copper, nickel, lead, and zinc market segments and geographies, copper, nickel, lead, and zinc market’s leading competitors’ revenues, profiles and market shares. The copper, nickel, lead, and zinc market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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