According to a recently published report, the global Base Metal Mining Market has been expected to grow at the CAGR of 5.2% during the forecasted period of 2016-2022.The segmentation of global base metal mining market is based upon application, type and geography. The report on global base metal mining market forecast 2016-2022 (application, type and geography) provides detailed overview and predictive analysis of the market.
Full report is available on global base metal mining market forecast2016-2022 (application, type and geography) report at http://www.briskinsights.com/report/base-metal-mining-market
The base metal mining market has been anticipated to witness substantial growth during the forecasted period due to increase in the use of base metals in the construction industry and its decreasing price. . Some base metals are lead, copper, zinc and nickel which finds their usage in various applications including electrical wiring, plumbing, galvanization, communications, batteries, and production & hardening of alloys. Among all, aluminum accounted for the significant market share in 2015 due to its wide applications in various areas such as packaging, transportation, construction, consumer durables, machinery equipment, electrical systems, etc. Zinc is another widely used base metal in the world owing to its various physical properties like galvanizing and capability of bonding with other metals. Zinc has been rising due to its anti-corrosion property which helps to prevent corrosion process in metals.
Also, increasing availability of base metals along with its low price as compared to other precious metals such as silver, gold & platinum has been expected to further supplement the market growth in the coming years. However, various risks related to deep and ultra-deep mining together with stringent government regulations due to depleting natural reserves have been anticipated to restrain the market growth during the forecasted period. Furthermore, declining global metal prices on the account of new emerging substitutes and relatively low demand in countries like China are predictable to have negative impact on the market growth. Rise in demand for these base metals owing to their greater properties as high strength, corrosion resistance, low maintenance and longevity, have been estimated to be the key drivers for the market.
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Scope of the report
- Global Base Metal Mining Market By Application 2012- 2022 ($ million)
1.1. Consumer Electronics
- Global Base Metal Mining MarketBy Type2012-2022($ million)
2.1. Copper Mining
2.2. Nickel Mining
2.3. Lead Zinc Mining
2.4. Aluminum Mining
2.5. Tin Mining
2.6. Other Metals
- Global Base Metal Mining Market Regional Outlook 2012-2022($million)
3.1. North America
3.3. Asia Pacific
3.4. Rest of the world
- Company Profiles
4.1. Alcoa Inc.
4.2. Anglo American plc
4.3. Antofagasta plc
4.4. BHP Billiton Ltd.
4.5. Bosai Minerals Group
4.6. Corporación Nacional del Cobre de Chile (CODELCO)
4.7. Ferrexpo Plc.
4.8. First Quantum Minerals Ltd.
4.9. Freeport-McMoRan Inc.
4.10. Glencore plc
4.11. Kaiser Aluminium Corporation
4.12. Rio Tinto plc
4.13. Southern Copper Corporation
4.14. Teck Resources Limited
4.15. Vale SA.
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