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Global Mining Market Analysis By Size, Trends and Segments Forecast to 2030

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Updated on Oct 5, 2020

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The global mining market is expected to decline from $1924 billion in 2019 to $1661.6 billion in 2020 at a compound annual growth rate (CAGR) of -13.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $2032.4 billion in 2023.
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