Green Mining: Global Market

Report Code: ENV067A

Publish Date: Jul 2024

Publisher: BCC Publishing

Category: Environment

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Report Highlights

The global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.

Report Includes

  • 38 data tables and 51 additional tables
  • An overview of the global markets for green mining
  • Estimation of market size and analyses of global market trends, with data from 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
  • Highlights of the market potential and characterization of green mining market by region, type, and technology
  • Insights into social and environmental concerns related to carbon footprint and discussion on how that can minimize by implementing recycling initiatives
  • Coverage of government laws and regulations related to mining companies and an overview of environmental standards and practices
  • Identification of new innovations in the raw materials sector, generation of sustainable mining technologies, resource efficiency, and the development of alternative raw materials
  • Examination of the key drivers and constraints that will shape the market and discussion on the upcoming market opportunities and areas of focus to forecast the market into various segments and sub-segments
  • Coverage of recent advances, emerging technologies, and developments of the industry
  • Evaluation of key industry acquisitions and strategic alliances and market share analysis of the leading suppliers of the industry
  • Company profiles of major players within the industry, including Rio Tinto, BHP, Vale S.A., and Anglo American

Report Scope

The scope of green mining encompasses various aspects of mining operations that prioritize environmental sustainability and minimize the impact on ecosystems. The global green mining market covers segments by mining type (e.g., surface, underground), technology (e.g., power reduction, fuel and maintenance reduction, emission reduction, water reduction) and regional (i.e., North America, Europe, Asia-Pacific, South America, Middle East and Africa). The base year for the market study is 2023, and the estimates and forecasts are for 2024 through 2029. Market estimates are in U.S. dollars (millions). This report concentrates on green mining technologies currently in mining use; other promising technologies that are not likely to make it out of the laboratory are not covered in the report. The market size includes the revenue mining companies generate by incorporating green mining technologies. 

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $11.4 Billion
Market size forecast $16.9 Billion
Growth rate CAGR of 7.4% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Mining Type, Technology
Regions covered North America, Europe, Asia-Pacific, South America, Rest of the World
Countries covered U.S., Canada, Mexico, Germany, Sweden, U.K., France, Russia, Japan, China, India, Australia, Indonesia, Brazil, Chile, Argentina, Saudi Arabia, UAE, South Africa, Rest of the Middle East & Africa
Key Market Drivers
  • Growing Environmental Legislation and Regulatory Pressures
  • Rising Green Finance
  • Rapid Integration of Renewable Energy in Mining Operations
  • Growing Responsible Sourcing Requirements
Companies studied
ANGLO AMERICANBHP
DUNDEE PRECIOUS METALS INC.FREEPORT-MCMORAN
GLENCOREJIANGXI COPPER CORP.
MA’ADENNEWMONT CORP.
RIO TINTOSUMITOMO METAL MINING CO. LTD.
TATA STEEL LIMITEDVALE S.A.
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Frequently Asked Questions (FAQs)

The global market for green mining is projected to grow from $11.4 billion in 2023 to $16.9 billion in 2029 at a compound annual growth rate (CAGR) of 7.4% during the forecast period.
The key factors driving the growth of the green mining market include:
  • Growing environmental legislation and regulatory pressures.
  • Rising green finance.
  • Rapid integration of renewable energy in mining operations.
  • Growing responsible sourcing requirements.
The global market for green mining is segmented on the basis of mining type, technology, and region. By mining type, it is segmented into surface mining and underground mining. By technology, it is segmented into, emission reduction power reduction, fuel and maintenance reduction, water reduction, and other technologies. Regional estimates and forecasts comprise North America, Europe, Asia-Pacific, South America, Middle East and Africa.
The power reduction segment will dominate by the end of 2029. The mining industry can significantly reduce its energy consumption and environmental impact by adopting energy-efficient equipment, hydrometallurgical processes, renewable energy sources, comminution efficiency, automation, and process optimization.
Europe holds the highest share of the market. The region is at the forefront of green mining initiatives, driven by increased public awareness, regulatory frameworks, and the European Green Deal to support sustainable practices. The EU's Circular Economy Action Plan strongly emphasizes sustainable resource management, material recycling, and reuse, demonstrating a solid commitment to environmental stewardship.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Consulting Editor’s Credentials

Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Green Mining: Global Market124Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview5Free
Chapter- 3: Market Dynamics6Free
Chapter- 4: Emerging Technologies and Developments 5Free
Chapter- 5: Market Segmentation Analysis39Free
Chapter- 6: Competitive Intelligence4Free
Chapter- 7: Sustainability in Green Mining Market: ESG Perspective 11Free
Chapter- 8: Appendix50Free

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Green Mining: Global Market
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