The global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.
The European market for green mining is estimated to increase from $4.0 billion in 2023 to reach $5.7 billion by 2029, at a CAGR of 6.7% from 2024 through 2029.
The Asia-Pacific market for green mining is estimated to increase from $2.6 billion in 2023 to reach $4.2 billion by 2029, at a CAGR of 9.2% from 2024 through 2029.
Report Scope:
The scope of green mining encompasses various aspects of mining operations that prioritize environmental sustainability and minimize the impact on ecosystems. The global green mining market covers segments by mining type (e.g., surface, underground), technology (e.g., power reduction, fuel and maintenance reduction, emission reduction, water reduction) and regional (i.e., North America, Europe, Asia-Pacific, South America, Middle East and Africa). The base year for the market study is 2023, and the estimates and forecasts are for 2024 through 2029. Market estimates are in U.S. dollars (millions). This report concentrates on green mining technologies currently in mining use; other promising technologies that are not likely to make it out of the laboratory are not covered in the report. The market size includes the revenue mining companies generate by incorporating green mining technologies.
Report Includes:
38 data tables and 51 additional tables
An overview of the global markets for green mining
Estimation of market size and analyses of global market trends, with data from 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
Highlights of the market potential and characterization of green mining market by region, type, and technology
Insights into social and environmental concerns related to carbon footprint and discussion on how that can minimize by implementing recycling initiatives
Coverage of government laws and regulations related to mining companies and an overview of environmental standards and practices
Identification of new innovations in the raw materials sector, generation of sustainable mining technologies, resource efficiency, and the development of alternative raw materials
Examination of the key drivers and constraints that will shape the market and discussion on the upcoming market opportunities and areas of focus to forecast the market into various segments and sub-segments
Coverage of recent advances, emerging technologies, and developments of the industry
Evaluation of key industry acquisitions and strategic alliances and market share analysis of the leading suppliers of the industry
Company profiles of major players within the industry, including Rio Tinto, BHP, Vale S.A., and Anglo American
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Overview
Five Pillars of Green Mining
Promoting Materials and Energy Efficiency
Ensuring the Availability of Mineral Resources for the Future
Minimizing Adverse Environmental and Social Impacts
Improving Work and Organizational Practices
Ensuring Sustainable Land Use Following Mine Closure
Supply Chain Analysis
Key Regulators in the Green Mining Industry
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Growing Environmental Legislation and Regulatory Pressures
Rising Green Finance
Rapid Integration of Renewable Energy in Mining Operations
Growing Responsible Sourcing Requirements
Market Restraints
High Cost of Adoption of Green Technology
Resistance from Conventional Mining Businesses
Regulatory Obstacles
Monitoring and Enforcement Difficulties
Market Opportunities
Technological Innovation
Water Resource Management
Electrification of Mining Equipment
Chapter 4 Emerging Technologies and Developments
Overview
Newest Technologies
Artificial Intelligence
Real-Time Location Systems
Dust-Suppression Technology
Direct Lithium Extraction
Liquid Membrane Emulsion Technology
Biomining
Dry Tailings Management
Hybrid Diesel Electric Equipment in Underground Mining
Key Developments
Patent Analysis
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Analysis by Mining Type
Surface Mining
Underground Mining
Market Analysis by Technology
Power Reduction
Emission Reduction
Fuel and Maintenance Reduction
Water Reduction
Other Technologies
Geographic Breakdown
Market Analysis by Region
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Chapter 6 Competitive Intelligence
Overview
Top Players Ranking Analysis
Strategic Analysis
Chapter 7 Sustainability in Green Mining Market: ESG Perspective
Importance of Environmental, Social and Governance in the Green Mining Industry