The Business Research Company’s global support activities for mining market, covers the year-on-year growth of the global support activities for mining historic and forecast growth. It also includes chapters on the trends, geographical analysis, and competitive landscape.
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The global support activities for mining market is forecast to grow at a CAGR (compound annual growth rate) of around 3.5 % to 2022.
Support activities for mining Trends
3D modelling for exploration of minerals, decline in coal mining exploration, geographic information system (GIS) in mining support activities are the major trends witnessed in the global support activities for mining market. With increase in 3D printing technology, introduction of new technology, the scope and potential for the global support activities for mining market is expected to significantly rise in the forecast period.
Asia Pacific was the largest region in the support activities for mining market in 2017, accounting for 35% market share. This was mainly due to the fact that these are the largest markets for mining driving the demand for outsourced supporting companies.
The global support activities for mining is primarily driven by increase in expected stabilization in global metal and copper prices, increased demand for supporting activities by government and private mineral and non-metallic mineral product manufacturers global support activities for mining mergers and acquisitions and economic growth
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The global support activities for mining market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With emergence of multinational support activities for mining companies and rising demand for raw materials the global support activities for mining is expected to increase in potential and scope. TBRC’s report also covers the global support activities for mining market report drivers and restraints in the market.
The global support activities for mining market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global support activities for mining report are CIMIC Group Limited, PT United Tractors Tbk, Downer EDI Mining-Blasting Services Pty Ltd, Barminco Ltd, Boart Longyear Ltd
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