Mining waste can be defined as a part of the materials that result from the exploration, mining and processing of substances governed by legislation on mines and quarries. Mining waste management includes various mining operations. These mining operations generate two types of waste rock overburden and mine development rock.
Worldwide Mining Waste Management Market Performance, Feasibility, Key Players, Consumption Status, Production, Regions, Report 2017-2026
Rising concerns over environment-related issues is a factor expected to propel growth of the global mining waste management market over the forecast period. In addition, growing demand for mining waste management technology, owing to rising power sector is another factor expected to boost growth of the market in near future.
However, operational challenges for managing the waste during the mining waste management is factor expected to hamper growth of the target market in the near future.
The global mining waste management market has been segmented on basis of on the basis of mining method, metals/minerals, waste type, and region. On the basis of mining method, the target market is segmented into surface and underground. On the basis of metals/minerals global mining waste management market is segmented into thermal coal, coking coal, iron ore, gold, copper, nickel, lead, zinc, and bauxite. On the basis of waste type global mining waste management market is segmented into overburden/waste rock, tailings, and mine water. Thermal coal segment dominates the global market in terms of revenue and is expected to maintain its dominance over the forecast period, owing to its increasing use in the generation of power and energy, and in cement production.
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Based upon region global mining waste management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The market in Asia Pacific is estimated to be highest share in terms of revenue, owing to growing demand for metals and minerals from automotive and construction market, in the region. The markets in North America is expected to register significant growth in terms of revenue, owing to advancements in the technology of mining waste management in the region over the forecast period.
Key players operating in the global mining waste management market include Amec Foster Wheeler plc., Ausenco Limited, EnviroServ Holdings Limited, Interwaste Holdings Ltd., Veolia Environnement S.A., Golder Associates Inc., Hatch Ltd., Teck Resources Limited, Tetra Tech, Inc., and Toxfree Solutions Ltd.