About Mining Waste Management
Mining waste management is concerned with the waste generated during the extraction, benefaction, and mineral processing processes. Mining waste is hazardous, and its exposure to communities poses a number of risks. The rapid industrialization and urbanization of developing countries, as well as the resulting demand for minerals and metals from end-use industries boost the market growth for mining waste management.
|Unit||Value (USD Million)|
The mine waste management market is regulated differently depending on the country and its laws. The United States Environmental Protection Agency (EPA) proposed regulations for managing hazardous waste under Subtitle C of the Resource Conservation and Recovery Act, which regulates and oversees the market in the United States. The EPA postponed hazardous waste requirements for six waste categories known as "special wastes." The European Union ensures that mines and mine waste are properly managed in Europe through a combination of environmental health and safety law and human rights law. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Mining Waste Management market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Veolia environmental services (France), Republic Services, Inc. (United States), Waste Connections, Inc. (United States), Clean Harbors, Inc. (United States), GFL Environmental Inc. (Canada), Renewi plc (United Kingdom), Covanta Energy Corporation (United States), Cleanaway Waste Management Limited (United Kingdom), Biffa plc (United Kingdom), Recology (United States), US Ecology, Inc. (United States), Bingo Industries Limited (Australia), Amec foster wheeler plc (United Kingdom), Ausenca (Australia) and EnviroServ (South Africa) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Interwaste Holding Ltd. (South Africa), Hatch Ltd. (Canada), SRK Consulting (United Kingdom), Mine waste management (Australia) and GMR (United States).
AMA Research has segmented the market of Global Mining Waste Management market by Type (ROCK OR SOLID MINE WASTE, • Waste rock or overburden, • Gangue, • Mine Tailings, LIQUID MINE WASTE, • Mine Water and • Sludge), Application (Metal Mineral and Non-Metallic Mineral) and Region.
On the basis of geography, the market of Mining Waste Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service, the sub-segment i.e. Mining Exploration will boost the Mining Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mining , the sub-segment i.e. Underground will boost the Mining Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Metals , the sub-segment i.e. Thermal Coal will boost the Mining Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Mining Waste Management Market Dynamics:
- Rising Environmental Concern and awareness drives the market growth
- Increasing worldwide demand for the mineral resources boost he market growth
- Stringent government regulation and law associated with the mining waste management is the key trend drives the market growth
- Mine water is treated and then used for dust and particulate suppression, agricultural/industrial use, and as a coolant
- High capital cost associated with the waste management technology and service restrict the market growth.
- Large proportion of land required for the mine waste management hampers the market growth
|Road Blocks / Challenges|
- Lack of skilled labour stymies the market growth
- Mining activities have numerous negative environmental and socioeconomic consequences, limiting market growth
|Gaps & Opportunities|
- Demand for coal creates lucrative growth opportunities for the market
Market Leaders and their expansionary development strategies
In July 2021, GFL Environmental Announces the Acquisition of Peoria Disposal Company with the acquisition the company is aiming to solidify its Illinois presence in the market and In February 2022, Republic Services announced the acquisition of US Ecology, a leading environmental solution company. The acquisition will allow Republic Services to provide environmental solutions to customers while also expanding its operations and brand presence.
In March 2022, Veolia completes its merger with Suez strengthening its position in North America and transforming the delivery of environmental services. and In March 2021The Department of Justice announced that Republic Services Inc. (Republic) will be required to divest waste collection and disposal assets in five states in order to proceed with its acquisition of Santek Waste Services LLC. (Santek). The department stated that without the divestiture, the proposed acquisition would significantly reduce competition for small container commercial waste collection and municipal solid waste disposal services in six local markets across the southeastern United States.
The mine waste management market is regulated differently depending on the country and its laws. The United States Environmental Protection Agency (EPA) proposed regulations for managing hazardous waste under Subtitle C of the Resource Conservation and Recovery Act, which regulates and oversees the market in the United States. The EPA postponed hazardous waste requirements for six waste categories known as "special wastes." The European Union ensures that mines and mine waste are properly managed in Europe through a combination of environmental health and safety law and human rights law.
Key Target Audience
Investor, Coal Mines, Government authorities, Corporate Entities, Environmental Regulation Agency and Others
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.