The Global Metal And Mineral Market Report by The Business Research Company covers metal and mineral market drivers and restraints, metal and mineral market size, major players, and the impact of COVID-19 on the metal and mineral market.
The metal and mineral market consists of sales of metals and minerals by entities (organizations, sole traders and partnerships) that refine and/or smelt ferrous and nonferrous metals from ore, pig or scrap, using electrometallurgical techniques. The metal and mineral market is segmented into mineral, metal and metal products.
Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) is expected to drive innovation in metal and mineral manufacturing, thus driving the market during the forecast period.
The global metal and mineral market is expected to grow from $6320.71 billion in 2020 to $6937.72 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9021.86 billion in 2025 at a CAGR of 7%.
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Some metal and mineral market trends include metal and mineral manufacturing companies using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns.
Global metal and mineral market segments include:
1) By Type: Mineral, Metal, Metal Products.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Nature: Organic, Conventional.
Subsegments Covered: Cement And Concrete Products, Glass And Glass Products, Other Non-Metallic Mineral Products, Clay Products And Refractories, Lime And Gypsum Products, Iron And Steel Mills And Ferroalloy, Processed Nonferrous Metal, Processed Alumina And Aluminium, Foundries, Steel Products, Forged And Stamped Goods, Cutlery And Hand Tools, Architectural And Structural Metals, Boiler, Tank, And Shipping Container, Hardware, Spring And Wire Products, Machine Shops, Turned Product And Screw, Nut, And Bolt, Coated, Engraved, And Heat Treated Metal Products, Metal Valves, Other Fabricated Metal Products.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Metal And Mineral Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides metal and mineral market overviews, analyzes and forecasts market size, share, metal and mineral market players, metal and mineral market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The metal and mineral market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Metal And Mineral Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, LafargeHolcim, JFE.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Metal And Mineral Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Metal And Mineral Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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