AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Outlook on Mining Water & Wastewater Treatment Markets & Sustainable Solutions to 2023 - Digital Transformation of the Entire Mining Value Chain Presents Market Opportunities - ResearchAndMarkets.com

November 19, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 19, 2019--

The “Growth Opportunities for Sustainable Solutions in the Global Mining Water and Wastewater Treatment Market, Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

Market Overview

The global mining industry is facing extremely significant challenges related to consumptionism and rising demands for mineral-based products. Declining richness and exhaustion of available commodities, climate change and intensification of environmental issues, as well as deepening water scarcity are only driving concerns.

The new era of redefining the mining industry for tomorrow and beyond is here and mining companies are forced to start doing things differently, re-think over their current business approach and invest in long-term solutions and technologies in order to mitigate environmental, economic and social concerns. Sustainable business today ensures future gains tomorrow, and therefore the global mining industry is undergoing a major transformation.

Water sustainability in mining is becoming an industry standard and yet poses complex challenges that require holistic and revolutionary thinking over water issues and incorporation of waterless mines targeting assessment, strategy and execution to lower water consumption; engaging water recycling initiatives and zero water discharge; integrating smart solutions, as well as advanced treatment technologies and reinforced services.

Research Scope

The growth of the global mining water and wastewater treatment market is strongly driven by the ongoing demand for waterless mine and sustainable operations, supported by digitalisation of the value chain and reinforced services. On the other hand, the industry is facing challenges related to a lack of transparent legislation and financial support in terms of environmental investments in key global mining locations and the need for high-scale investment towards transformation of the entire mining business.

This report looks at the market from the mining water and wastewater treatment perspective comprising design & engineering services, water, wastewater & acid mine drainage (AMD) treatment equipment, process control & management, treatment chemicals, and operation & maintenance services dedicated to extraction and processing of commodities. Regional coverage includes Europe & Russia, North America, Latin America, Middle East & Africa, and Asia Pacific.

Market Highlights

The global mining water and wastewater treatment market, valued at $4,730.2 million in 2018, is expected to expand at a CAGR of 11% between 2018 and 2023, reaching $7,973.7 million at the end of forecast period.

Overall development of the global mining water and wastewater treatment market is strongly supported by healthy growth of the mining industry, high CAPEX of mining companies dedicated to environmental investments, as well as the transition of the entire industry towards more sustainable operations and digitalisation.

All regions where the mining industry is active, or is yet to be present, offer high investment opportunities for water-related technologies and services.

Key growth opportunities include state-of-art decentralised treatment solutions, seeking cost-effective and environment-friendly alternative water sources for regions with limited water availability, solutions and services for improved end-to-end mining production efficiency, digital transformation of the entire mining value chain, organic and inorganic chemicals supporting high-end treatment as well as maintenance chemicals, and strategic partnerships and collaborations for ensuring overall progress.

At present, water has become a unique platform to build cooperation, creating significant internal and external value through Corporate Social Responsibility (CSR) programmes as well as consolidation and integration of the mining business, including other mining companies, technology and service providers as well as local communities.

Learning from the past and incorporating innovations to address present challenges enables shaping the future growth path. Therefore, managing water-related risks responsibly, working across market barriers, incorporating advanced technologies, looking from a beyond-my-fence perspective and turning water-related challenges into significant business opportunities are becoming the best practices to follow.

Companies Mentioned

Key Topics Covered

1. Executive Dashboard

2. Growth Environment - Market Overview

3. Executive Summary

4. Mining Mega Trends up to 2050

5. Water Footprint of the Mining Industry

6. Global Trends Shaping the Transition of the Mining Industry

7. Market Forecasts

8. Regional Analysis of the Mining Water and Wastewater Treatment Market

9. Visioning Scenarios

10. End Users’ Perspective (Mining Companies)

11. The Last Word

12. Growth Opportunities Matrix

13. Growth Strategy and Implementation

14. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/t4kcno

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005441/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/19/2019 04:59 AM/DISC: 11/19/2019 04:59 AM

http://www.businesswire.com/news/home/20191119005441/en