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Mining Waste Management Market worth 233.56 Billion Tons by 2022 at a CAGR of 6.1%

The global mining waste management 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 mining waste management market is mainly driven by increasing exploration and production of metals & minerals to cater to the market demand for metals & minerals from various end-use industries, rise in demand for coal from the power & utility sector, along with growing environmental concerns around the globe.

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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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  • Attractive Growth Opportunities in the Mining Waste Management Market
  • Mining Waste Management Market, By Mineral/Metal
  • Mining Waste Management Market, By Waste Type and Region
  • Mining Waste Management Market: Emerging & Developed Countries
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Key players in the mining waste management market are Amec Foster Wheeler (UK), Ausenco (Australia), EnviroServ (South Africa), Interwaste Holdings Ltd. (South Africa), Veolia Environnement (France), Golder Associates (Canada), Hatch Ltd. (Canada), Teck (Canada), Tetra Tech, Inc. (US), Toxfree Solutions Ltd. (Australia), Tetronics International (UK), Aevitas (Canada), Global Mining Solutions (Canada), Zeal Environmental Technologies Ltd. (Ghana), Ramboll Group (Denmark), Knight Piésold (South Africa), Metsana Group (South Africa), Earth Systems (Australia), American Waste Management Services, Inc. (US), ATC Williams (Australia), Jones & Wagener (South Africa), Cleanway Environmental Services (Australia), Cleanways (Australia), Stantec (US), Enviropacific Services (Australia), Daiseki Co., Ltd. (Japan), and Averda (UAE).

Veolia Environnement (France) is one of the leading players in the mining waste management market. The company has a strong market presence. In July 2017, the company acquired Clean It (Australia), a leading industrial services company that provides a wide range of solutions to the mining, energy, and infrastructure sectors. This acquisition will help the company to provide a wide range of services, and industrial and metals/mining solutions. In July 2017, the company acquired Ellwaste Waste & Recycling Services (Australia), a waste management company operating in rural New South Wales and Victoria. This acquisition will help the company to enhance its services to commercial, industrial, and municipal customers.

Amec Foster Wheeler (UK) is another leading company operating in the mining waste management market. The company has a strong presence in the mining waste management market. In February 2017, the company opened a new office in Oman to support its customers in the country. This expansion has helped the company to bring its global service capabilities and expertise to Oman. In March 2017, the company signed a MoU with Muskowekwan First Nations (Canada) and Encanto Potash Corp. (Canada) for the development of the first mining project in Saskatchewan, Canada. This agreement has helped the company to provide employment and training and offer monitoring of the project during each phase and also helped the company to enhance its services towards social, environmental, and economic conditions. In November 2014, the company signed an agreement with the Louisville Gas and Electric Company (US), and the Kentucky Utilities Company (US) for the Coal Combustion Residuals (CCR) treatment project in Trimble County, Kentucky (US). This agreement helped Louisville Gas and Electric Company and Kentucky Utilities Company to reduce pollution from coal combustion and also to comply with Federal regulations in the region.

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