The Nonmetallic Minerals Mining Support Activities Global Market Report 2023, provides comprehensive information on the nonmetallic minerals mining support activities market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Nonmetallic Minerals Mining Support Activities Market’s Growth:
The global non-metallic minerals mining support activities market size is expected to grow from $32.66 billion in 2022 to $35.85 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global non-metallic minerals mining support activities market size is expected to reach $48.84 billion in 2027 at a CAGR of 8.0%.
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Technological innovations are the key trends gaining popularity in the non-metallic mineral mining support activities market. Companies operating in the non-metallic mineral mining support activities market are adopting new technologies to sustain their position in the market. For instance, in September 2021, Caterpillar Inc., a US-based construction machinery manufacturing company, launched the ‘New Cat R1700 XE underground battery-electric LHD’. The new electric Cat R1700 XE Load Haul Dump (LHD) produces zero exhaust emissions and significantly less heat generation than a reciprocating engine-powered model for underground mining operations. The special feature is fast on-board charging technology, the machine’s batteries can be charged to maximize available run time. The portable Cat MEC500 Mobile Equipment Charger provides quick charging wherever it is needed while eliminating the need for static charging station infrastructure, additional batteries, and battery handling and swapping. The MEC500 charges the R1700 XE in less than 30 minutes with a single charger or in less than 20 minutes with two chargers.
The nonmetallic minerals mining support activities market is segmented:
1) By Type: Cement And Lime, Ceramics, Glass
2) By Application: Jewellery, Construction, Iron And Ore, Other Applications
3) By Service Provider: Independent Contractors, Companies
Asia-Pacific was the largest region in the nonmetallic minerals mining support activities market in 2022.
The table of contents in TBRC’s nonmetallic minerals mining support activities market report includes:
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