Global Kaolin Market

The surface mining market consists of sales of surface mining services by entities (organizations, sole traders, and partnerships) that are used to retrieve sand, stones, gravel, coal, iron, and other metals. Surface mining refers to the method of extracting minerals near the surface of the earth. It is the removal of the terrain surface to access minerals underneath. The most common surface mining methods are open-pit mining, drift mining, slope mining, contour mining, and auger mining. The main types of surface mining are strip mining, open pit mining, and terrace mining. Strip-surface mining refers to a mineral-extraction process in which a layer or seam of undesired material is being removed from the surface of an area to allow efficient access to the desired material existing underneath the layer being stripped. The different minerals include metallic ore, non-metallic ore, coal mining, and others, and involve several end users such as metals, electric power industries, manufacturing, and others. The surface mining market research report is one of a series of new reports from The Business Research Company that provides surface mining market statistics, including surface mining industry global market size, regional shares, competitors with a surface mining market share, detailed surface mining market segments, market trends and opportunities, and any further data you may need to thrive in the surface mining industry. This surface mining market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global surface mining market size is expected to grow from $24.45 billion in 2021 to $26.43 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The global surface mining market size is expected to grow to $32.08 billion in 2026 at a CAGR of 5%. The rise in construction projects is significantly contributing to the growth of the surface mining market going forward. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Surface mining is helpful for construction sites for erecting structures and infrastructure components required for modern living, such as sand, gravel, gypsum, and limestone. For instance, according to Invest India, an India-based investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. In addition, the real estate industry in India is expected to reach $1 trillion by 2030 and will contribute 13% to India’s GDP. Therefore, the rise in construction projects drives the surface mining market going forward. Strategic partnerships have emerged as a key trend gaining popularity in the surface mining market. Major companies operating in the surface mining market are looking for partnerships to strengthen their position in the market. For instance, in June 2021, Parenti Global, an Australia-based surface mining company, partnered with Sandfire Resources, an Australia-based mining and exploration company. Through this partnership, Parenti Global would expand its surface mining portfolio in Africa. Furthermore, in May 2019, Goldcorp, a Canada-based gold surface mining company, partnered with IBM Canada, a Canada-based IT services and consulting company. Through this partnership, both companies developed the IBM Exploration platform to accurately find gold and improve mineral exploration. In November 2021, Alta Equipment Group, a US-based leading provider of industrial forklifts, heavy construction equipment, and warehouse solutions in the Midwest, acquired Midwest Mine Services for an undisclosed amount. With this acquisition, Alta Group expands its portfolio in the construction business and also increases the demand for high-end engineering and design services. Midwest Mine Services is a US-based surface mining equipment company. Major players in the market are Perenti Global Limited, American Mine Services, Macmahon Holdings, BCM International Group, Laxyo Group, Mining Plus Pty Ltd, Technica Mining, Banks Group, Day Group, Goldcorp, Rio Tinto Group, BHP Billiton, Komatsu Ltd., Caterpillar Inc., Sandvik AB, Atlas Copco AB, Hitachi Construction Machinery Co. Ltd, and Coal India Limited. North America was the largest region in the surface mining market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global surface mining market during the forecast period. The regions covered in the global surface mining report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the surface mining market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global surface mining market is segmented - 1) By Type: Strip Mining, Open Pit Mining, Terrace Mining, Others 2) By Mineral: Metallic Ore, Non-Metallic Ore, Coal Mining 3) By End User: Metal, Electric Power Industry, Manufacturing, Others

The mining machinery and equipment market consist of sales of mining machinery and equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and manufacturing mineral beneficiating machinery and equipment used in surface or underground mines. Only goods and services traded between entities or sold to end consumers are included. The main products types of mining machinery are underground mining machinery, surface mining machinery, drills and breakers, crushing, pulverizing, and screening equipment, mineral processing machinery, and other product types. Crushing reduces the size of materials into small substances for further processing. These mining machines are used for transportation, processing, excavation, and applied in coal, minerals, and metals. The global mining machinery and equipment market size is expected to grow from $62.02 billion in 2021 to $70.41 billion in 2022 at a compound annual growth rate (CAGR) of 13.5%. The global mining machinery market size is expected to grow to $111.95 billion in 2026 at a CAGR of 12.3%. The increasing demand for mining is fueling the growth of the mining machinery and equipment market. Underground advanced mining equipment such as trucks, loaders, and diggers is used to dig up the material and is usually transported to the ground through skips or lifts for further production. In the economic growth of developed nations such as Australia, the USA, and Canada, mining has performed a key role. Mining is notably crucial to the US economy because the USA is among the largest buyers of mineral resources and one of the largest producers in the world. For instance, according to the USA Geological report, in 2019 USA mines produced nearly $86.3 billion worth of minerals. Therefore, the increasing demand for mining drives the growth of the mining machinery and equipment market. The impact of COVID-19 is expected to impede the growth of the mining machinery and equipment market over the forecast period. The mining industry has struggled with economic problems, but the COVID-19 outbreak is unparalleled, even for the major firms on the market. The sudden breakdown of day-to-day activity and total lockdown throughout countries for months, combined with a persistent threat to human life, has impacted the mining sector. For instance, in 2021, Shell, the leading supplier of lubricants to the mining industry, reported that about 80% of mining companies encountered operational difficulties, such as lack of qualified staff and inadequate steps to retain workers secure when implementing advanced technologies. Therefore, the impact of COVID-19 hampers the growth of the mining machinery and equipment market. The growing technological advancements are a major trend shaping popularity in the mining machinery and equipment market. Major firms operating in the mining machinery sector are focusing on developing advanced technology solutions for mining machinery. For instance, in September 2020, Sandvik, a Sweden-based engineering group in mining and rock excavation, metal-cutting, and materials technology developed a concept vehicle, which is built on high-end technology and fitted with entirely new sensing technologies and artificial intelligence to improve mining procedures. The AutoMine Model that is used, views its surroundings and atmosphere in 3D and responds in real-time. These technologies give specific consumer benefits by enabling vehicles to adapt and schedule their ways and to find the most efficient paths even in ever-changing environments. In June 2019, Komatsu Mining, a US-based company that manufactures and services heavy equipment used in the extraction and haulage of coal and minerals in both underground and surface mining, acquired Timberock International for an undisclosed amount. This acquisition expands Komatsu Mining's range of offerings for drilling and bolting products and provides exciting product development and synergy opportunities. Timberock International Ltd. is a Canada-based manufacturer of drilling and bolting components for underground hard rock mining. Major players in the mining machinery and equipment market are Caterpillar Inc, Komatsu Ltd, Metso Corporation, Sandvik AB, Doosan Corporation, Liebherr, Hitachi Construction Machinery Co, Ltd, Atlas Copco AB, Epiroc AB, and Sany Heavy Equipment International Holdings Company Limited. Asia Pacific was the largest region in the mining machinery market in 2021. Western Europe was the second-largest region in the global mining equipment market. The regions covered in the global mining machinery and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the mining machinery and equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global mining machinery and equipment market is segmented - 1) By Product Type: Underground Mining Machinery, Surface Mining Machinery, Drills and Breakers, Crushing, Pulverizing, and Screening Equipment, Mineral Processing Machinery, Others 2) By Function Type: Transportation, Processing, Excavation 3) By Application: Coal, Mineral, Metal

The general minerals market consists of sales of general minerals by entities (organizations, sole traders and partnerships) that mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. The main types of general minerals are other general minerals, potash, salt, magnesite, sulfur, kaolin, asbestos, feldspar, boron, gypsum, talc, graphite, baryte, bentonite, diatomite, lithium, selenium, perlite, vermiculite, and arsenic. Vermiculite is a mineral that occurs naturally in the form of glossy flakes ranging in color from dark gray to sandy brown. These flakes are a hydrated magnesium iron aluminum silicate mineral, when heated in a commercial furnace expand and take on a concertina shape. The various organization involved are large enterprises, small and medium enterprises. The different service providers include independent contractors and companies. The global general minerals market size is expected to grow from $183.34 billion in 2021 to $209.06 billion in 2022 at a compound annual growth rate (CAGR) of 14.0%. The general minerals market size is expected to grow to $368.42 billion in 2026 at a CAGR of 15.2%. Mining companies are using advanced geosynthetic clay liners to prevent leakage and corrosion in mining operations. GCLs are geotextile and bentonite composites used in environmental containment applications. Advanced GCLs have higher chemical compatibility, slope stability, composite construction, swelling capacity and lower permeability than conventional clay liners. Other benefits of GCL include easy installation, better hydraulic performance, and resistance to varying weather conditions. Major companies offering GCLs include CETCO, GSE, Elcoseal, Terrafix, and Tencate. Major companies in the general minerals market include The Mosaic Co, Sociedad Quimica y Minera de Chile S.A., Compass Minerals International, Inc., Iluka Resources Limited, Clariant AG, Rio Tinto, Alcoa Corporation, CRH Plc, Israel Corporation Ltd, OCP SA and PotashCorp. Asia Pacific was the largest region in the general minerals market in 2021. North America was the second largest region in the global general minerals market. The regions covered in the global general minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the general minerals market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam, Bangladesh, Ukraine, and Iran. The global general minerals market is segmented - 1) By Type: Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Others 2) By Organisation Size: Large Enterprises, Small and Medium Enterprises 3) By Service Provider Type: Independent Contractors, Companies Subsegments Covered: Flake Graphite, Non-Flake Graphite Large Grade Vermiculite, Fine and Finer Grade Vermiculite, Medium Grade Vermiculite

The mineral market consists of sales of mineral products by entities (organizations, sole traders and partnerships) that offer products such as bricks, refractories, ceramic products, and glass and glass products. The main types of minerals are cement and concrete products, glass and glass products, other non-metallic mineral products, clay products and refractories, and lime and gypsum products. Cement and concrete products refer to the products that are used in building houses. The various applications involved chemicals manufacturing, metallurgy, electrical grid infrastructure, electronics, glass products, vehicles, and other applications. These are used in construction, manufacturing, and by other end-users. The global mineral market size is expected to grow from $873.37 billion in 2021 to $959.33 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The global mineral market size is expected to grow to $1,340.29 billion in 2026 at a CAGR of 8.7%. The imposition of high taxes on cement and concrete products limited the growth of the mineral products market. Mineral products such as cement, made from a different combination of minerals, are generally sold in high volumes at low prices, but heavy taxes imposed on cement and concrete products restrained the market’s growth. In Jul 2021, according to Cleartax, Cement will attract 28% GST resulting in increased costs for the infrastructure sector, The tax of limestone is at 5%. India's cement industry is the second-largest producer of cement after China. High taxes on cement negatively affected the mineral market. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the mineral products market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, the Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak has hurt businesses throughout 2020 and into 2021. However, it is expected that the mineral market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Advanced ceramics are cost-effective and are considered to be better alternatives to metals, plastics and glass because of their ability to offer better performance. Advanced Ceramics are identified by their high chemical purity and careful processing. It is used as thermal barrier coating in the hot part of engines, ceramic composite, thermal protection systems, engine components and even in sensors and antennas. For instance, advanced ceramics reached$10.41 Billion in 2021, at a compound annual growth rate of 6.5%, thus indicating an increase in the usage of advanced ceramics. GE Aviation’s $4.3 billion five-year investments, in US operations, were used for producing a new generation of jet engines, aircraft systems and engine components advanced ceramics. Major companies in the mineral market include China National Building Material Group Co. Ltd., Compagnie de Saint-Gobain S.A., LafargeHolcim Ltd., HeidelbergCement AG, Anhui Conch Cement Company Limited, CRH plc, Votorantim S.A, Cemex SAB de CV, Guardian Industries LLC, and Asahi Glass Co. Ltd. Asia Pacific was the largest region in the mineral market in 2021. Western Europe was the second-largest region in the global minerals market. The regions covered in the global mineral market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the mineral market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global mineral market is segmented - 1) By Type: Cement and Concrete Products, Glass and Glass Products, Other Non-Metallic Mineral Products, Clay Products and Refractories, Lime and Gypsum Products 2) By Application: Chemicals Manufacturing, Metallurgy, Electrical Grid Infrastructure, Electronics, Glass Products, Vehicles, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Cement, Ready-Mix Concrete, Concrete Pipe, Brick, and Block, Other Concrete Products, Flat Glass, Container Glass, Glassware and Other Glass Products Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories, Lime Products, Gypsum Products

The metal and mineral market consists of sales of metals and minerals by entities (organizations, sole traders and partnerships) that refine and/or smelt ferrous and nonferrous metals from ore, pig or scrap, using electrometallurgical techniques. The main types of metal and mining are mineral, metal, and metal products. Metal products refer to the finished products that are made out of metals. These are used for chemicals manufacturing, metallurgy, electrical grid infrastructure, electronics, glass products, vehicles, and other applications that are used by end users such as construction, manufacturing, and others. The global metal and mineral market size is expected to grow from $6,877.41 billion in 2021 to $7,507.82 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global metal and mineral market size is expected to grow to $10,274.68 billion in 2026 at a CAGR of 8.2%. Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) are expected to drive innovation in metal and mineral manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence and big data analytics are being used during the manufacturing process, resulting in higher productivity, lower operating costs and higher margins. For instance, according to a report by Accenture, the manufacturing sector will witness the highest annual gross value added (GVA) growth rate of 4.4% due to artificial intelligence by 2035. The report also states that artificial intelligence has the potential to increase profitability by an average of 38% by 2035. Lower operating costs lead to higher margins, this allows companies to expand production and increase product portfolio, thus driving the metal and mineral market going forward. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the metal and mineral market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, the Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak has hurt businesses throughout 2020 and into 2021. However, it is expected that the metal and mineral market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Many metal and mineral manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG), 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs. According to the KPMG report, 16% of executives of global metals companies have already invested in robotics for metal manufacturing, 31% of executives have set plans to possibly invest in robotics for new technology and opportunities, and 42% are willing to invest in robotics shortly. Additionally, the report states, 63% of the executives of metal manufacturing companies are considering investing in automation. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. Major companies in the metal and mineral market are ArcelorMittal S.A, POSCO, Baoshan Iron & Steel Co. Ltd, Nippon Steel & Sumitomo Metal Corporation, China National Building Material Group Co. Ltd, Compagnie de Saint-Gobain S.A, Jiangxi Copper Company, Votorantim S.A, JFE Holdings Inc, and LafargeHolcim Ltd. Asia Pacific was the largest region in the metal and mineral market in 2021. Western Europe was the second-largest region in the global metal and mineral market. The regions covered in the global metal and mineral market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal and mineral market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global metal and mineral market is segmented - 1) By Type: Mineral, Metal, Metal Products 2) By Application: Chemicals Manufacturing, Metallurgy, Electrical Grid Infrastructure, Electronics, Glass Products, Vehicles, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Cement and Concrete Products, Glass and Glass Products, Other Non-Metallic Mineral Products, Clay Products and Refractories, Lime and Gypsum Products, Iron and Steel Mills and Ferroalloy, Processed Nonferrous Metal, Processed Alumina and Aluminum, Foundries, Steel Products, Forged and Stamped Goods, Cutlery and Hand Tools, Architectural and Structural Metals, Boiler, Tank, and Shipping Container, Hardware, Spring and Wire Products, Machine Shops, Turned Product and Screw, Nut, and Bolt, Coated, Engraved, and Heat Treated Metal Products, Metal Valves, Other Fabricated Metal Products

The mining market consists of sales of minerals, metals and other valuable materials such as sand and gravel, coal and stone extracted from the earth crust by entities (organizations, sole traders and partnerships) that undertake the process of extraction. The main types of mining are mining support activities, general minerals, stones, copper, nickel, lead, and zinc, metal ore, coal, lignite, and anthracite. General minerals include mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. The various processes used for mining are underground mining and surface mining. The different service providers include independent contractors and companies. The global mining market size is expected to grow from $1843.33 billion in 2021 to $2064.72 billion in 2022 at a compound annual growth rate (CAGR) of 12.0%. The global mining market size is expected to grow to $3358.82 billion in 2026 at a CAGR of 12.9%. Government policies to support the mining market is expected to drive the mining market. Governments are providing subsidies and encouraging foreign direct investments (FDI) in the mining industry. The amount of government support includes the support through governments' public finance institutions such as bilateral development banks and export credit agencies investing in mining projects, fiscal support through budget allocations and tax exemptions, and investments through majority state-owned mining and utility companies. For instance, in 2019, the government of India approved the increase of iron ore leasing areas in Orissa from 10 square kilometers to 58 square kilometers and encouraged the private auction of these ores by private companies such as TATA steel operating in the metal ore mining market. These government policies will continue to support the growth of the mining market. Power generation companies are increasingly using alternate sources of energy such as natural gas, nuclear power and renewable to produce clean and sustainable electricity. The decreasing cost of installation of renewable sources of energy is also driving the use of these sources for power generation. This is expected to act as a restraint on the demand for coal in power generation. According to the US Energy Information Administration (EIA), the coal's share of the total world energy consumption is expected to decline from to 22% in 2040. Renewable are expected to be the fastest growing energy source, with their consumption increasing at an average rate of 2.3% per year till 2040. The continuous shift to alternative sources for power generation will restrain the mining market. The use of renewable energy is helping mining companies reduce power costs and control emissions in the mines. As the solar or wind projects are built close to the mine sites, the cost of connecting to the power grid is also reduced. Site-appropriate renewable energy sources are reliable, consistent and also economical. BHP and RioTinto have started using renewable energy sources in their mines. According to a report published by EY, RioTinto aims to generate 10% of 20MW – 25MW power demand from renewable energy in one of their mines, and expects to reduce its diesel use by approximately 4 million liters, and its CO2 emissions by 12,000 tons. Also, in 2020, Rio Tinto approved the development of a large-scale solar photovoltaic and battery storage system for its western Australian Koodaideri mine. The solar plant will be one of Australia's largest photovoltaic installations at a mining site once completed. According to a report by Fitch Solutions, renewable energy used by mining companies from various sources include 57% of solar thermal, 37% of solar PV, and 4% of wind energy Major companies in the mining market include BHP Group, Vale S.A., Rio Tinto, Glencore International, Anglo American plc, China Shenhua Energy Company Limited, China Coal Energy Company Limited, The Metallurgical Corp of China, Coal India Ltd and Corporacion Nacional del Cobre de Chile. Asia Pacific was the largest region in the mining market in 2021. North America was the second largest region in the global mining market. The regions covered in the global mining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mining market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam, Bangladesh, Ukraine, and Iran. The global mining market is segmented - 1) By Type: Mining Support Activities, General Minerals, Stones, Copper, Nickel, Lead, and Zinc, Metal Ore, Coal, Lignite, and Anthracite 2) By Process: Underground Mining, Surface Mining 3) By Service Provider: Independent Contractors, Companies Subsegments Covered: Coal Mining Support Activities, Metal Mining Support Activities, Nonmetallic Minerals Mining Support Activities, Other General Minerals, Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Diamond, Dimension Stones, Crushed Stones, Copper, Zinc, Lead, Nickel, Gold Ore, Iron Ore, All Other Metal Ores, Silver Ore, Uranium Ore, Vanadium Ore, Coal, Lignite, Anthracite

The mining support activities market consists of sales of mining support services and related goods by entities (organizations, sole traders and partnerships) that perform support activities on a contract or fee basis for coal, metal and nonmetallic mineral (except fuels) mining. Support activities include exploration of minerals, drilling, draining of mines and other support activities. The main types of mining support activities are coal mining support activities, metal mining support activities and nonmetallic minerals mining support activities. The coal mining support activities include activities such as exploration for coal and traditional prospecting methods, such as taking core samples and making geological observations at prospective sites on a contract or fee basis. The services are provided by independent contractors and companies to mining companies, construction companies and others. The global mining support activities market size is expected to grow from $236.12 billion in 2021 to $267.58 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global mining support activities market size is expected to grow to $438.17 billion in 2026 at a CAGR of 13.1%. Government policies to support the mining industry is expected to drive the mining support activities market. Governments are providing subsidies and encouraging foreign direct investments (FDI) in the mining industry. The amount of government support includes the support through governments' public finance institutions such as bilateral development banks and export credit agencies investing in mining projects, fiscal support through budget allocations and tax exemptions, and investments through majority state-owned mining and utility companies. For instance, in 2019, the government of India approved the increase of iron ore leasing areas in Orissa from 10 square kilometers to 58 square kilometers and encouraged the private auction of these ores by private companies such as TATA steel. These government policies will continue to support the mining processes and thus are projected to increase the growth of support activities for mining support activities market. The outbreak of the Coronavirus disease (COVID-19) has acted as a significant restraint on the mining support activities market in 2020 as governments globally imposed lockdowns and restricted the movement of people and goods to contain the virus. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the mining support activities market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. GIS technology is increasingly being used by mining companies to monitor critical factors such as sustainability, geological composition and compliance. GIS systems capture, record, evaluate and present spatial or geographic data. GIS integrates exploration datasets such as geophysical images, geochemistry, geologic maps, radiometric surveys, boreholes, and mineral deposits leading to efficient discovery of new mineral deposits. This technology also provides 3D visualization tools as it integrates data from various data sources. They are also used in allied industries such as production, mine closure and reclamation. For instance, according to GISGIG, the global GIS market is expected to reach $12.7 billion by 2024. Major companies in the mining support activities market include The Metallurgical Corp of China, Hochtief AG, PT United Tractors Tbk, Perenti Global Ltd, NRW Holdings Limited, The Weir Group plc, Major Drilling Group International Inc, Aveng Limited, Boart Longyear Ltd., and Foraco International SA. Asia Pacific was the largest region in the mining support activities market in 2021. Western Europe was the second largest region in the global mining support activities market. The regions covered in the global mining support activities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mining support activities market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam, Bangladesh, Ukraine, and Iran. The global mining support activities market is segmented - 1) By Type: Coal Mining Support Activities, Metal Mining Support Activities, Nonmetallic Minerals Mining Support Activities 2) By Service Provider Type: Independent Contractors, Companies 3) By Application: Mining Companies, Construction Companies, Others Subsegments Covered: Coal Mining Drilling Services, Coal Mining Exploration Services, Coal Mining Draining Services, Other Coal Mining Support Activities, Metal Mining Drilling Services, Metal Mining Exploration Services, Metal Mining Draining Services, Other Metal Mining Support Activities, Nonmetallic Minerals Mining Drilling Services, Nonmetallic Minerals Mining Exploration Services, Nonmetallic Minerals Mining Draining Services, Other Nonmetallic Minerals Mining Support Activities

The mineral product manufacturing market consists of sales of mineral products by entities (organizations, sole traders and partnerships) that offer products such as bricks, refractories, ceramic products, and glass and glass products, such as plate glass and containers. This market also includes cement and concrete products, lime, gypsum and other nonmetallic mineral products including abrasive products, ceramic plumbing fixtures, statuary, cut stone products, and mineral wool.