According to IMARC Groups latest report, titled Green Mining Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, theglobal green mining market is expected to exhibit a CAGR of7.4% during 2022-2027. Looking forward, IMARC Group expects the global green mining market to continue its robust growth during the forecast period.
What is Green Mining?
Green mining refers to the adoption of environment-friendly practices to minimize the harmful environmental impact associated with the extraction and processing of metals and minerals. It is usually conducted underground or on the surface and involves controlling the use of harmful gases and chemicals to reduce the carbon footprint generated by acid-related mining activities. Green mining utilizes advanced power optimization, toxicity reduction and fuel and water management technologies. In comparison to the traditionally used mining processes, green mining solutions offer minimal water discharge and higher energy efficiency, cost-effective and sustainability.
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Green Mining Market Trends:
The global green mining market is primarily being driven by the increasing adoption of environment-friendly mining practices due to the rising levels of soil contamination and water and air pollution. Moreover, various technological advancements, such as the introduction of carbon capture and storage (CCS) technology to reduce the ecological impact of mining activities, are providing a thrust to the market growth. CSS aids in capturing and storing carbon dioxide during the mining processes and preventing its outlet into the atmosphere. Other factors, including the implementation of various government initiatives promoting environmental conservation and minimizing carbon footprints, along with the increasing demand for clean and renewable energy sources, are creating a positive outlook for the market.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
- Anglo American Plc
- BHP Group Limited
- Dundee Precious Metals Inc.
- Freeport-McMoRan Inc.
- Glencore plc
- Maaden (Saudi Arabian Mining Company)
- Rio Tinto Plc
- Sany Heavy Industry Co. Ltd.
- Shandong Gold Mining Co. Ltd
- Tata Steel Limited and Vale S.A.
Key Market Segmentation:
The report has segmented the global mobile payment market based on mode ofmining type and technology and region.
Breakup by Mining Type:
- Surface
- Underground
Breakup by Technology:
- Power Reduction
- Comminution Efficiency
- Hydrometallurgical Processes
- Fuel and Maintenance Reduction
- Equipment Route Optimization
- Fuel Additives
- Natural Gas Conversion
- Training Simulators
- Toxicity Reduction
- Bioleaching
- Bioremediation
- Emission Reduction
- Dust Management
- Carbon Sequestration
- Interior Bleaching
- Water Reduction
- AMD/ARD Remediation
- Wastewater Processing
- Tailings Remediation
- Desalination
- Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
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