Australia Mining Market Analysis and Forecast, 2019-2028


Posted August 14, 2023 by Dorinda

The Australian mining market is estimated at US$ 50 billion in 2022 and it is expected to grow at a significant CAGR of over 11% over the forecast period of 2019-2028.

 
Market Scope and Report Overview

Based on a deep-dive market analysis conducted by RationalStat, the Australia mining market was studied based on the market segments of minerals, minerals/ore imports, minerals/ore mining type, supporting services, and geography/regions (incl. Western Australia, Northern Territory, Australia Capital Territory, New South Wales, Queensland, Victoria, South Australia, Tasmania). The report also provides the market size for regional and global markets for the historic period of 2019-2022 and the forecast period from 2019-2028.

Market intelligence for the Australia mining market covers market sizes on the basis of market value (US$/EUR Million) and volume ('000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

Additionally, the long-term outlook for the sector, products and services 10-year outlook and its impact on the industry. The report also covers the state of the industry today, Production Levels, Capacity Utilization, Tech quotient and more. The most important information is manufacturing capacity of each country, installed base volume, imports and market size, the important players and market size dynamic, market information and insights, for example.

Period Covered includes data for 2019-2028 and estimates of demand for each year

This Australia mining report examines the market in light of global economic conditions regional geopolitics, export-import scenarios, trade tariffs and market trends natural and organic strategies mergers and acquisitions new product launches, policies of the government and new capacity expansion technological advancements R&D investments, and the latest markets, replacing rates and penetration rate the size of the installed base/fleet, regional and global production capacities, and many more.

RationalStat provides market analysis and consultancy studies based on the foundation of a solid desk and secondary research that is backed by a robust internal data repository. Additionally, the research draws on information based on live insights through interviews with primary sources. Market estimates and insights are built in first-hand research (covering greater than 240 organizations) and secondary research making use of international benchmarking.

It also provides an analysis of supply chain and value chains. Australia mining market Report includes supply and value chain analysis that gives in-depth details about the value chain's margins and the importance of the various players in the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

In the section on competition The Australia mining market gives an extensive benchmarking analysis of competition that is based on markets share for most prominent brands/producers/suppliers, an overview of the market structure, including specific company profiles of over 25 companies, including their financials, offerings of products and services and major changes and business models, etc. This allows customers and report buyers to make informed, accurate and quick choices.

Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment

In the most recent RationalStat report, the analysis shows that geopolitical conflict and rising inflation are among the top economic threats, while worries about the instability across sectors of energy are commonplace in Europe and other regions around the globe. One of the dangers to economic growth of the most important regions, such as Asia Pacific, Europe, North America, the Middle East and Africa and other emerging regions, include the rising cost of energy, inflation supply chain disruptions, labour shortages, geopolitical instability and rising interest rates and the COVID-19 pandemic.

The world economy was hit with severe headwinds throughout 2019-2021 when some countries saw slow growth, whereas others struggled with slowdowns in their economies. The COVID-19 virus has caused excessive pressure on all industries worldwide and caused a massive recession in US, India, Italy and Italy, the UK, Germany, India, Japan, South Korea and many more. In addition, the departure from Britain UK out of the European Union earlier in 2020 and the conflict between Ukraine and Russia in 2022 has heightened global anxiety.

Additionally, global economic growth slows from 2022 down to 3.3 percent, which was lower than what was expected to be the case at the close of 2021. This was primarily due to the weight being affected by Russia's war in Ukraine and the cost of living crisis in a number of nations. However, an improvement in economic activity in the coming years is anticipated. The growth rate is expected to stay at a lower rate between 2023 and 2024 at 2.6 percent and 2.9 percent, respectively.


Competition Analysis and Market Structure

Some of the prominent players that contribute significantly to the Australia mining market growth include BHP Group, Rio Tinto, Fortescue Metals, Newcrest Mining, South32, Pilbara Minerals, Evolution Mining, Allegiance Coal Limited, Cassini Resources Ltd., Conquest Group etc.

RationalStat has segmented the Australian mining market based on mineral type, minerals/ore, imported minerals, mining type, support services, and region

Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Mineral Type

oMetallic Minerals
oNon-metallic Minerals

Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Minerals/Ore

oCoal
oSteel
oZinc
oIron Ore
oBauxite
oCopper
oStones
oLead
oLignite
oAnthracite
oChromium
oLimestone
oMica
oGold Ore
oPhosphorite
oManganese
oBarite
oNickel
oUranium
oOthers (Mineral Salts, Metal Ore)

 Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Imported Mineral

oLithium
oCobalt
oGermanium
oNiobium
oBeryllium
oTantalum
oSelenium
oOthers (Gallium, etc.)

Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Mining Type

oUnderground Mining
oOpen Cast Mining
oGreen Mining

Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Support Services

oAirborne geophysical survey
oResource Modelling
oMine planning software
oMining data analytics
oFleet Management Systems
oRapid Mine Survey
oSpecialized Mine Infrastructure
oOpen Pit Skips
oHigh Wall Mining
oMine Control Systems
oElectro Refining
oCavity Monitoring System
o3D laser scanning and mapping
oGround and Aerial Robotic Vehicles
oGeographic Information Systems
oEnergy Management
oResource Reconciliation
oCarbon Footprint Management

Australian Mining Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Region

oWestern Australia
oNorthern Territory
oAustralian Capital Territory
oNew South Wales
oQueensland
oVictoria
oSouth Australia
oTasmania

Leading Companies and Market Players

oBHP Group
oRio Tinto
oFortescue Metals
oNewcrest Mining
oSouth32
oPilbara Minerals
oEvolution Mining
oAllegiance Coal Limited
oCassini Resources Ltd.
oConquest Group

For more information about this report: https://store.rationalstat.com/store/australia-mining-market/

Key Questions Answered in the Australian Mining Report:
What will be the market value of the Australian mining market by 2028?
What is the market size of the Australian mining market?
What are the market drivers of the Australian mining market?
What are the key trends in the Australian mining market?
Which is the leading region in the Australian mining market?
What are the major companies operating in the Australian mining market?
What are the market shares by key segments in the Australian mining market?

About RationalStat LLC

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

Contact

Dorinda Erwin,
Content and Press Manager
RationalStat LLC
[email protected]
Phone: +1 302 803 5429
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Issued By RationalStat LLC
Phone 03028035429
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Categories Miscellaneous , News
Tags mining market , green mining , underground mining
Last Updated August 14, 2023