Base metals such as copper, aluminum, zinc, nickel, and lead play a major role in the development of manufacturing, utilities, infrastructure, and construction sectors. Growth across these industries directly implies the growth of the base metal mining market as well. In the past few years, developing as well as developed regions have exhibited excellent development across areas such as urbanization, industrialization, and economic development. These factors have substantially increased the global consumption of base metals, providing momentum to mining activities.
Transparency Market Research states that the market for base metal mining will witness expansion at a healthy 5.01% CAGR over the period between 2015 and 2023. Volume-wise, the market will demonstrate a vigorous rise from 103.33 MMT in 2014 to 160.19 MMT by 2023.
High paced development activities in the power production and distribution industry will be key to the overall global consumption of copper in the next many years. In developed regions such as Europe and North America, the urgency to replace ageing infrastructure and the need for integrating renewable power sources with conventional models will be the key demand drivers for copper. In developing regions such as Asia Pacific, the need to improve power distribution infrastructure to align it with technological advancements and rising load requirements will help increase the consumption of copper in the sector. In terms of volume, the market for copper is expected to rise at a favorable 4.30% CAGR over the period between 2015 and 2023.
Aluminum, which is presently the most widely consumed base metal, will benefit the most from its use in the automotive industry. The heightened focus of automobile companies on the development of light-weight and thus energy-efficient vehicles will be a major driver of aluminum mining activities across the globe. Aluminum held a dominant share of 53.73% in the global base metal mining market in 2014 and is expected to account for a 54.35% share in the global market in 2023.
Asia Pacific is presently the dominant region for the global base metal mining market. The region has presented significant growth opportunities for the market in the past few years, majorly owing to the excellent pace of industrialization and urbanization. The stabilizing economies and rising disposable incomes of the population in developing countries such as India and China have resulted in the increased demand for new construction projects and infrastructure development activities.
The region has also witnessed the increased need to improve the infrastructure of the utilities sector to support the ever rising population and heightened rate of industrialization. Additionally, the region is also advancing in sectors such as transportation, manufacturing, and industrial equipment, which are some of the major consumers of base metals. Asia Pacific accounted for nearly 63% in the global base metal mining market in 2014 and is expected to continue its dominant stance in the near future as well.
In the highly consolidated global base metal mining market, Glencore Plc. held nearly 68% share in the market in 2014. Other key vendors in the market include Freeport-McMoRan, Inc., CODELCO, BHP Billiton Limited, Antofagasta PLC, and Alcoa Inc.
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Base Metal Mining Market – Industry Analysis
Chapter 4 Global Base Metal Mining Market – Metal Type Segment, by Volume (Million Metric Tons), 2014-2023
Chapter 5 Global Base Metal Mining Market – Regional Segment, By Volume (Million Metric Tonnes), 2014-2023
Chapter 6 Company Profiles
(*Note: Similar segmentation will be provided for each companies mentioned below)
List of Tables
Table 1. Global Base Metal Mining Market: Snapshot
Table 2. Global Base Metal Mining Market, Estimates and Forecast, By Metal Type, 2014–2023 (Million Metric Tonnes)
Table 3. North America Base Metal Mining Market, by Volume ( Million Metric Tonnes), 2014 and 2023
Table 4. U.S. Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 5. Canada, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 6. Mexico, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 7. Europe Base Metal Mining Market, by Volume ( Million Metric Tonnes), 2014 and 2023
Table 8. Russia, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 9. Kazakhstan, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 10. Rest of Europe, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 11. Asia Pacific Base Metal Mining Market, by Volume ( Million Metric Tonnes), 2014 and 2023
Table 12. China, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 13. India, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 14. Australia, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 15. Japan, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 16. Indonesia, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 17. Rest of Asia Pacific, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 18. Middle East and Africa (MEA) Base Metal Mining Market, by Volume ( Million Metric Tonnes), 2014 and 2023
Table 19. South Africa, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 20. Rest of Middle East and Africa (MEA), Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 21. South and Central America (SCA), Base Metal Mining Market, by Volume ( Million Metric Tonnes), 2014 and 2023
Table 22. Chile, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 23. Peru, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 24. Argentina, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
Table 25. Rest of South Central America, Base Metal Mining Market, By Metal Type, 2014–2023, By Volume (Million Metric Tonnes)
List of Figures
Figure 1. Global Base Metal Mining Market Segmentation
Figure 2. Global Base Metal Mining Market, Estimates and Forecast, by Volume ( Million Metric Tonnes), 2014-2023
Figure 3. Global Base Metal Mining Market, %Market Share, By Metal Type , 2014-2023
Figure 4. End Use Applications of Base Metals
Figure 5. Market Attractiveness Analysis of Base Metal Market , By Region, 2014
Figure 6. Global Base Metal Mining, Company Market Share (%) (2014)
Figure 7. Global Base Metal Mining Market Value, By Metal Type, 2014 and 2023
Figure 8. Global Base Metal Mining Market, Estimates and Forecast, By Copper, 2014–2023, By Volume (Million Metric Tonnes)
Figure 9. Global Base Metal Mining Market, Estimates and Forecast, By Nickel, 2014–2023 , By Volume (Million Metric Tonnes)
Figure 10. Global Base Metal Mining Market, Estimates and Forecast, By Lead-Zinc, 2014–2023, By Volume (Million Metric Tonnes)
Figure 11. Global Base Metal Mining Market, Estimates and Forecast, By Aluminum, 2014–2023, By Volume (Million Metric Tonnes)
Figure 12. Global Base Metal Mining Market, Estimates and Forecast, By Tin, 2014–2023, By Volume (Million Metric Tonnes)
Figure 13. Global Base Metal Mining Market Share, by Region, 2014 and 2023
Figure 14. North America Base Metal Mining Market Share, by Country, 2014 and 2023
Figure 15. Europe Base Metal Mining Market Share, by Country, 2014 and 2023
Figure 16. Asia Pacific Base Metal Mining Market Share, by Country, 2014 and 2023
Figure 17. Middle East and Africa Base Metal Mining Market Share, by Country, 2014 and 2023
Figure 18. South and Central America Base Metal Mining Market Share, by Country, 2014 and 2023
Figure 19. Alcoa Inc., Revenue By Business Segment, 2014
Figure 20. Alcoa Inc., Revenue by Region, 2014
Figure 21. Anglo American Plc, Revenue By Business Segment, 2014
Figure 22. Anglo American Plc, Revenue by Region, 2014
Figure 23. Antofagasta PLC, Revenue By Business Segment, 2014
Figure 24. Antofagasta PLC, Revenue by Region, 2014
Figure 25. BHP Billiton Limited, Revenue By Business Segment, 2014
Figure 26. BHP Billiton Limited, Revenue by Region, 2014
Figure 27. Corporación Nacional del Cobre de Chile (CODELCO), Revenue By Business Segment, 2014
Figure 28. Corporación Nacional del Cobre de Chile (CODELCO), Revenue by Region, 2014
Figure 29. First Quantum Minerals Ltd, Revenue By Business Segment, 2014
Figure 30. First Quantum Minerals Ltd, Revenue by Region, 2014
Figure 31. Freeport-McMoRan, Inc. Revenue By Business Segment, 2014
Figure 32. Freeport-McMoRan, Inc. Revenue by Region, 2014
Figure 33. Glencore Plc., Revenue By Business Segment, 2014
Figure 34. Glencore Plc., Revenue by Region, 2014
Figure 35. Rio Tinto Group, Revenue By Business Segment, 2014
Figure 36. Rio Tinto Group, Revenue by Region, 2014
Figure 37. Southern Copper Corporation, Revenue By Business Segment, 2014
Figure 38. Southern Copper Corporation, Financial sales Statistics, 2010–2014
Figure 39. Teck Resources Limited, Revenue By Business Segment, 2014
Figure 40. Teck Resources Limited, Revenue by Region, 2014
Figure 41. Vale SA, Revenue By Business Segment, 2014
Figure 42. Vale SA, Revenue by Region, 2014