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Mining Metals Industrial and Market studies - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

"Mining Metals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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-- 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.
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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.


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)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.


A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.


-- Highlights of the report:
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market


-- Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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