The Mining Waste Management Market is estimated to be 173.64 Billion Tons in 2017 and is expected to reach 233.56 Billion Tons by 2022, at a CAGR of 6.1% from 2017 to 2022. The increasing demand for metal & minerals from the automotive industry, the development of various infrastructures, the growing global power & energy sector, and increasing environmental concerns are expected to drive the mining waste management market in the coming years.
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Among mining methods, the surface mining method segment is projected to lead the mining waste management market during the forecast period. Surface mining is low cost, safe, and has a high exploration rate as compared to the underground mining method. Surface mining is widely adopted in the extraction of coal, iron, gold, nickel, zinc, and other metal and minerals. The growing use of these metals and minerals in various end-use industries will drive the surface mining activities across the globe. This, in turn, will fuel the growth of the mining waste management market.
The mining waste management market has a diversified ecosystem of upstream players, including mining waste management companies, environmental engineering companies, mine operators, mine equipment manufacturing companies, and government organizations. Companies operating in the mining waste management market are Amec Foster Wheeler (UK), Ausenco (Australia), EnviroServ (South Africa), Interwaste Holdings Ltd. (South Africa), Veolia Environnement (France), Golder Associates (Canada), Hatch Ltd. (Canada), Teck (Canada), Tetra Tech, Inc. (US), Toxfree Solutions Ltd. (Australia), Tetronics International (UK), Aevitas (Canada), Global Mining Solutions (Canada), Zeal Environmental Technologies Ltd. (Ghana), Ramboll Group (Denmark), Knight Piésold (South Africa), Metsana Group (South Africa), Earth Systems (Australia), American Waste Management Services, Inc. (US), ATC Williams (Australia), Jones & Wagener (South Africa), Cleanway Environmental Services (Australia), Cleanways (Australia), Stantec (US), Enviropacific Services (Australia), Daiseki Co., Ltd. (Japan), and Averda (UAE).
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For more details: https://www.prnewswire.com/news-releases/mining-waste-management-market-worth-23356-billion-tons-by-2022-668762623.html
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