The base metal mining market is expected to grow from USD 338.11 Billion in 2019 to USD 466.30 billion by 2027, at a CAGR of 4.1% during the forecast period 2020-2027.
Common metals that oxidize, tarnish, and corrode quickly when exposed to air or moisture, are known as a base metal. Some of the base metals include copper, nickel, lead, and zinc. Base metals are inexpensive and are common as compared to precious metals. They require less maintenance, have high strength, and are corrosion resistant. Prices of base metal are comparatively lower than the precious metal because they are more abundant in nature and easier to mine.
The factors driving the market are rising electric vehicles and other commercial vehicles, increasing industrialization and urbanization, growth in construction and building industry, improved pro-mining policies, and increasing demand for copper. The factors restraining the market growth are the requirement of social licence and the problem associated with the mining activities. The shift towards low carbon economy and strict emission regulation is expected to have an impact on environmental standards and can lead to scrutiny of mining activities.
This study delivers a comprehensive analysis of product, end-user, and region. The product segment includes nickel, aluminium, lead, copper, zinc, and others. The nickel segment is anticipated to hold the largest share, owing to its highest use in the production of stainless steel. The production of stainless steel such as austenitic, ferritic, and martensitic require nickel in various proportions. Also, the growth of the automotive industry and electric vehicle is expected to grow the demand for nickel. Zinc segment is expected to witness higher growth, owing to the demand from galvanization industry. Zinc is also used in the production of brass, bronze, chemicals, and zinc-based alloys. Based on end-user, the market is segmented into automotive, electrical and electronics, construction, consumer products, and others. Construction segment holds the largest share, owing to the use of higher copper in building and construction, architecture application, and interior design. The automotive segment is expected to grow, owing to its use for copper and aluminium.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region dominates the market due to the excellent pace of urbanization and industrialization. In the region, China and India have the largest demand for construction projects and infrastructure development. The market in the U.S has attracted investments in mining operations due to increasing demand from small and medium-sized electric car manufacturers. Central and South America are expected to witness significant growth, owing to low-interest rates, credit finance availability, and economic stability. In the region, Brazil has the largest automotive market.
Some of the notable players in the market are Rio Tinto, BHP, Boliden Group, Metals X Limited, Lundin Mining Corporation, First Quantum Minerals Ltd., Bosai Minerals Group Co., Ltd., Zijin Mining Group Co., Ltd, Antofagasta plc, Royal Nickel Corporation, Hatch Ltd., Hecla Mining Company, METOREX, Imperial Metals, Western Areas Ltd, Vale, Boreal Metals Corp., Glencore, and AsiaBaseMetals Inc. In June 2019, Securities Exchange Board of India announced BSE to launch their base metal for future contracts. This will work as a substitute for traders who cover their price risk on the London Metal Exchange.
Base Metal Mining Analysis and Forecast, Product
Base Metal Mining Analysis and Forecast, End-Users
Base Metal Mining Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By End-User
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growth of the electronics and electrical industry
5.3. Restraints
5.3.1. Problems associated with the mining activities
5.3.2. Requirement of social license
5.4. Opportunities
5.4.1. Increase in the demand for copper due to infrastructure and automotive sector
5.5. Challenges
5.5.1. Rising electric vehicles and other commercial vehicles
6. Global Base Metal Mining Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Nickel
6.3. Aluminium
6.4. Lead
6.5. Copper
6.6. Zinc
6.7. Others
7. Global Base Metal Mining Market Analysis and Forecast, By End-User
7.1. Segment Overview
7.2. Automotive
7.3. Electrical and Electronics
7.4. Construction
7.5. Consumer Products
7.6. Others
8. Global Base Metal Mining Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Base Metal Mining Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Base Metal Mining Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. End-User Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Rio Tinto
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. BHP
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Boliden Group
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Metals X Limited
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Lundin Mining Corporation
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. First Quantum Minerals Ltd.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Bosai Minerals Group Co., Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Zijin Mining Group Co., Ltd
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Antofagasta plc
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Royal Nickel Corporation
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Hatch Ltd.
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Hecla Mining Company
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. METOREX
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Imperial Metals
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Western Areas Ltd
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Vale
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Boreal Metals Corp.
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Glencore
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. AsiaBaseMetals Inc.
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
List of Table
1. Global Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
2. Global Nickel, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
3. Global Aluminium, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
4. Global Lead, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
5. Global Copper, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
6. Global Zinc, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
7. Global Others, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
8. Global Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
9. Global Automotive, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
10. Global Electrical and Electronics, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
11. Global Construction, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
12. Global Consumer Products, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
13. Global Others, Base Metal Mining Market, By Region, 2017-2027 (USD Billion) (K Units)
14. North America Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
15. North America Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
16. U.S. Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
17. U.S. Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
18. Canada Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
19. Canada Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
20. Mexico Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
21. Mexico Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
22. Europe Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
23. Europe Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
24. Germany Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
25. Germany Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
26. France Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
27. France Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
28. U.K. Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
29. U.K. Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
30. Italy Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
31. Italy Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
32. Spain Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
33. Spain Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
34. Asia Pacific Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
35. Asia Pacific Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
36. Japan Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
37. Japan Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
38. China Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
39. China Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
40. India Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
41. India Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
42. South America Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
43. South America Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
44. Brazil Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
45. Brazil Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
46. Middle East and Africa Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
47. Middle East and Africa Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
48. UAE Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
49. UAE Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
50. South Africa Base Metal Mining Market, By Product, 2017-2027 (USD Billion) (K Units)
51. South Africa Base Metal Mining Market, By End-User, 2017-2027 (USD Billion) (K Units)
List of Figures
1. Global Base Metal Mining Market Segmentation
2. Global Base Metal Mining Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Base Metal Mining Market Attractiveness Analysis by Product
9. Global Base Metal Mining Market Attractiveness Analysis by End-User
10. Global Base Metal Mining Market Attractiveness Analysis by Region
11. Global Base Metal Mining Market: Dynamics
12. Global Base Metal Mining Market Share by Product (2020 & 2027)
13. Global Base Metal Mining Market Share by End-User (2020 & 2027)
14. Global Base Metal Mining Market Share by Regions (2020 & 2027)
15. Global Base Metal Mining Market Share by Company (2019)
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