Overview and Scope
Non-metallic minerals mining support activities refer to the extraction of non-metallic minerals from the earth for commercial and industrial purposes. This material does not contain any metal elements or compounds in their natural state. Non-metal minerals like nitrogen and phosphorus are used in fertilizers for better plant yields.
Sizing and Forecast
The nonmetallic minerals mining support activities market size has grown strongly in recent years. It will grow from $35.55 billion in 2023 to $38.77 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to global industrialization and infrastructure development, economic growth and construction activities, mining regulations and compliance, commodity prices and market demand, population growth and urbanization..
The nonmetallic minerals mining support activities market size is expected to see strong growth in the next few years. It will grow to $53.16 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to renewable energy and infrastructure projects, environmental sustainability and green practices, innovation in extraction and processing techniques, global construction and manufacturing trends, supply chain resilience and raw material sourcing.. Major trends in the forecast period include adoption of 3d printing in mining components, focus on worker safety and health, expansion of support services in rare earth elements mining, remote operation and monitoring centers, development of sustainable materials for mining infrastructure..
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Segmentation & Regional Insights
The nonmetallic minerals mining support activities market covered in this report is segmented –
1) By Type: Cement And Lime, Ceramics, Glass
2) By Application: Jewellery, Construction, Iron And Ore, Other Applications
3) By Service Provider: Independent Contractors, Companies
Top 5 Major Players:
- Ferrit Ltd.,
- ABB Ltd.,
- DCS Techno Services Pvt. Ltd.,
- EKpass Mining Consultants Corp.,
- American Mining Services LLC
Asia-Pacific was the largest region in the non-metallic minerals mining support activities market in 2023. Europe was the second-largest region in the non-metallic minerals mining support activities market. The regions covered in the nonmetallic minerals mining support activities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increasing demand for construction materials is expected to propel the growth of the non-metallic minerals mining support activities market going forward. Construction materials are the materials used to build a house, such as timber, cement, steel, aggregates, bricks, concrete, and clay. Non-metallic minerals in construction materials provide durable protection against corrosion from salt or seawater. For instance, according to the monthly statistics of building materials and components published by the Department for Business, Energy and Industrial Strategy, a UK-based government department, exports of construction materials increased by £26 ($28.35) million in Q3 2022, compared to the previous quarter, an increase of 1.2%. Therefore, increasing demand for construction materials is driving the growth of the non-metallic minerals mining support activities market.
Key Industry Players
Companies operating in the non-metallic mineral mining support activities market are focusing on the launch of digital twins. Digital twins refer to virtual replicas or representations of physical objects, processes, systems, or entities. The application of the digital twin not only provides greater control over asset integrity but also better management of people in the field, areas of greatest degradation, the lead time for maintenance and inspection activities, and the budget required to perform these activities. For example, in March 2022, Metso Outotec, a Finland-based Machine industry company, launched a science-based digital twin, Metso Outotec Geminex, for managing variability and optimizing resources. The unique solution simulates and optimizes seamless sustainable operations in minerals, pyro- and hydrometallurgical processes, by combining operational data from both internal and external data sources. It provides unparalleled benefits to the mining and metallurgical industry. The innovative GeminexTM digital twin supports the customers in designing and adjusting their processes in an agile manner.
The nonmetallic minerals mining support activities market report table of contents includes:
1. Executive Summary
2. Nonmetallic Minerals Mining Support Activities Market Characteristics
3. Nonmetallic Minerals Mining Support Activities Market Trends And Strategies
4. Nonmetallic Minerals Mining Support Activities Market – Macro Economic Scenario
5. Global Nonmetallic Minerals Mining Support Activities Market Size and Growth
….
31. Global Nonmetallic Minerals Mining Support Activities Market Competitive Benchmarking
32. Global Nonmetallic Minerals Mining Support Activities Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Nonmetallic Minerals Mining Support Activities Market
34. Nonmetallic Minerals Mining Support Activities Market Future Outlook and Potential Analysis
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Nonmetallic Minerals Mining Support Activities Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Nonmetallic Minerals Mining Support Activities Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Nonmetallic Minerals Mining Support Activities Market, Segmentation By Service Provider, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: Ferrit Ltd. Financial Performance
Table 75: ABB Ltd. Financial Performance
Table 76: DCS Techno Services Pvt. Ltd. Financial Performance
Table 77: EKpass Mining Consultants Corp. Financial Performance
Table 78: American Mining Services LLC Financial Performance
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