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Mining Waste Management Market Worth 233.56 Billion Tons by 2022

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PUNE, India, January 11, 2018 /PRNewswire/ —

The report Mining Waste Management Market by Mining Method (Surface, and Underground), Metals/Minerals (Thermal Coal, Cooking Coal, Iron Ore, Gold, Copper, Nickel), Waste Type (Overburden/Waste Rock, Tailings, and Mine Water), and Region – Global Forecast to 2022″, published by MarketsandMarkets™, the 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% during the forecast period.  The growth of the Mining Waste Management Market can be attributed to increasing mining operations due to the demand for metals from the automotive industry and the power & utility sector in emerging economies, and the development of various infrastructures globally. Furthermore, growing concerns to reduce pollution are also fueling the growth of the Mining Waste Management Market.

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Browse 78 market data Tables and 57 Figures spread through 267 Pages and in-depth TOC on Mining Waste Management Market – Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/mining-waste-management-market-104930371.html

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The surface mining method segment of the Mining Waste Management Market is projected to grow at the highest CAGR during the forecast period. 

Based on mining method, the surface segment of the Mining Waste Management Market is projected to grow at the highest CAGR during the forecast period. Surface mining includes both, open-pit and open-cut mining methods and the waste generated through surface mining techniques is much more as compared to the waste generated by the underground mining method. More than 80% of the global mines adopt the open-pit or open-cut mining methods, and thus, the quantum of waste generated is much higher. This factor is anticipated to drive the surface segment.

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Based on metals/minerals, the thermal coal segment is projected to lead the Mining Waste Management Market from 2017 to 2022. 

Based on metals/minerals, the thermal coal segment is projected to lead the Mining Waste Management Market during the forecast period. Thermal coal is widely used in generating power and energy and is used in cement production. The growth of the power & energy sector and the increasing demand for cement from the global building construction market are likely to drive the thermal coal segment. The rise in thermal coal exploration

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