Reports

Base Metal Mining Market

Global Base Metal Mining Market: By Product: Aluminium, Copper, Lead, Nickel, Zinc; By Application: Construction, Automotive, Electrical and Electronics, Consumer Products; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Base Metal Mining Market Outlook

The global market for base metal mining attained a value of about USD 338 billion in 2020. The industry is further expected to increase in the forecast period of 2023-2028 at a CAGR of about 4% owing to the growing demand for construction, electronics, and automotive base.

 

Global Base Metal Mining Market

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Asia Pacific to be a Significant Regional Market for Base Metal Mining

Asia Pacific is expected to dominate the base metal mining market during the forecast period. The abundant availability of raw materials is one of the major factors fostering market growth in this region. Growth and expansion of various end-user verticals such as buildings and the construction industry in the region owing to rapid infrastructural development will likely drive the market growth rate. A capacity increase in the electronics segment will also drive market growth. The region has provided significant potential opportunities for the market in recent years, owing to the rapid pace of industrialisation and urbanisation. The stabilisation of economies and rising disposable incomes in developing countries such as India and China have raised the demand for new construction projects and infrastructure development operations. Furthermore, the region is progressing in industries such as transportation, manufacturing, and industrial equipment, all of which are key consumers of base metals. All these factors are anticipated to propel the growth of the market in the coming years.

 

Market Segmentations

Base metals are simply copper, aluminium, zinc, nickel, and others. Base metals are less expensive metals that are more common than precious metals. Thus, base metal mining is the extraction and exploration of base metals.

 

Global Base Metal Mining Market By Application

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The products can be divided into:

  • Aluminium 
  • Copper 
  • Lead
  • Nickel
  • Zinc
  • Others

The market can be broadly categorised on the basis of its applications into:

  • Construction
  • Automotive
  • Electrical and Electronics
  • Consumer Products
  • Others

The regional markets for the base metal mining market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

 

Global Base Metal Mining Market By Region

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Increasing Demand from Construction, Electrical and Electronics, and Automotive Sector Augmenting the Market Growth

The key driver of the global base metal mining market is the rising demand for base metals from the construction, electrical and electronics, and automotive sectors. Residential and non-residential construction development is planned to fuel the demand for aluminium and copper products in the Southeast Asia and other developing countries. Also, the production of electric vehicles and other commercial vehicles is expected to contribute to the market growth. Rising industrialisation coupled with increasing demand for copper worldwide will also positively impact the growth rate of the market. Further, the rising focus of the government on pro-mining policies, coupled with an increase in disposable income, are some other base metal mining market growth determinants. In addition, the growth of the electronics and electrical segment is a key market driver. Metals such as zinc, copper, aluminium, and lead find wide application in the electrical and electronics industry. Demand from sectors such as electronic utilities, consumer electronics, and general electronics has risen over the last decade, propelling the global market growth.

 

Key Players in the Global Market for Base Metal Mining

The report gives a detailed analysis of the following key players in the global base metal mining market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Freeport-McMoRan, Inc.
  • Antofagasta plc
  • Zijin Mining Group Co., Ltd.
  • Nornickel
  • Glencore plc
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region
Breakup by Product Aluminium, Copper, Lead, Nickel, Zinc, Others
Breakup by Application Construction, Automotive, Electrical and Electronics, Consumer Products, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Freeport-McMoRan, Inc., Antofagasta plc, Zijin Mining Group Co., Ltd., Nornickel, Glencore plc, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Base Metal Mining Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Base Metal Mining Historical Market (2018-2022) 
    8.3    Global Base Metal Mining Market Forecast (2023-2028)
    8.4    Global Base Metal Mining Market by Product
        8.4.1    Aluminium 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Copper
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Lead
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Nickel
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Zinc
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Others
    8.5    Global Base Metal Mining Market by Application
        8.5.1    Construction
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Automotive
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Electrical and Electronics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Consumer Products
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others   
    8.6    Global Base Metal Mining Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Base   Metal Mining Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Base Metal  Mining Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Base  Metal Mining Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America  Base Metal Mining Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Base Metal Mining Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Freeport-McMoRan, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Antofagasta plc
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Zijin Mining Group Co., Ltd.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Nornickel 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Glencore plc
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Base Metal Mining Market: Key Industry Highlights, 2018 and 2028
2.    Global Base Metal Mining Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Base Metal Mining Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Base Metal Mining Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Base Metal Mining Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Base Metal Mining Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Base Metal Mining Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Base Metal Mining Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Base Metal Mining Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Base Metal Mining Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Base Metal Mining Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Base Metal Mining Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Base Metal Mining Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Base Metal Mining Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Base Metal Mining Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Base Metal Mining Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Base Metal Mining Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Base Metal Mining Market Structure

Key Questions Answered in the Report

What was the global base metal mining market size in 2020?

In 2020, the global base metal mining market attained a value of nearly USD 338 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 4% between 2023 and 2028.

What are the major industry drivers?

The major drivers of the market include the expansion of various end user verticals, surge in industrialisation, rising urbanisation, infrastructural development, increasing demand for copper, rising focus of the government on pro-mining policies and an increase in disposable income.

What are the key industry trends of the global base metal mining market?

The growing demand for construction, electronics sectors, and the production of electric vehicles, and other commercial vehicles are the key industry trends propelling the market's growth.

What are the major regional markets of base metal mining, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

What are the products in the market?

The products include aluminium, copper, lead, nickel, and zinc, among others.

What are the major applications of the market?

The major applications of the market are construction, automotive, electrical and electronics, and consumer products, among others.

Who are the key industry players, according to the report?

The major players in the industry are Freeport-McMoRan, Inc., Antofagasta plc, Zijin Mining Group Co., Ltd., Nornickel, and Glencore plc, among others.

Analyst Review

The global base metal mining market attained a value of nearly USD 338 billion in 2020, driven by the growing demand for construction, and electronics sectors. Aided by surge in industrialisation and the production of electric vehicles, and other commercial vehicles, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The products include aluminium, copper, lead, nickel, and zinc, among others. The major applications of the market are construction, automotive, electrical and electronics, and consumer products, among others. The major regional markets for base metal mining market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Freeport-McMoRan, Inc., Antofagasta plc, Zijin Mining Group Co., Ltd., Nornickel, and Glencore plc, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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