Marine Mining to Grow at 30% until 2024
According to
TechSci Research report, “Global Marine
Mining Market By Technology, By Metal,
By Region, Competition, Forecast & Opportunities, 2024”, the global marine mining
market is expected to grow at a CAGR of around 30% during the forecast
period. The marine mining market is witnessing robust growth on account of growing
demand for durable goods and precious
metals such as gold, silver and platinum. However,
rising environmental concerns and stringent government rules associated with
seabed exploration are likely to pose a
challenge to the market players during forecast period.
Browse 109 market data Figures spread through XXX Pages and an in-depth TOC on "Global Marine Mining Market"
https://www.techsciresearch.com/report/marine-mining-market/4128.html
The global marine mining market is
segmented based on technology, metal, region and company. Based on technology,
the market can be categorized into Remotely Operated Vehicles [ROVs], SONAR,
Marine Seismic Methods. The remotely operated vehicles [ROVs] segment
dominates the market owing to their use in ocean exploration studies and other
scientific purposes. Based on metals, the market can be segmented into Silver, Gold, Copper, Zinc &
Others. The Gold segmented is projected to register the highest CAGR during the
forecast period attributable to the use of gold in jewellery making, in
watches, in dentistry & medicine, among others.
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China Minmetals Corporation, UK
Seabed Resources Ltd., Diamond Fields Resources Inc., Keppel Corporation
Limited, Nautilus Minerals Inc., Neptune Minerals, Inc, Ocean Minerals, LLC, Soil
Machine Dynamics Ltd., Royal IHC, Deep Green Metals Inc., etc., are some of the
leading players operating in global marine mining market. “Asia Pacific is
expected to be the largest market during the forecast period, owing to the
increase in demand from the construction, shipbuilding and electronics
industry. Moreover, the
bounteous accessibility of gold, copper, and different metals in the seaward
islands of Australia is drawing in numerous marine mining hardware makers to deploy
their resources in the region.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Marine Mining Market By Technology, By Metal, By Region,
Competition, Forecast & Opportunities, 2024” has evaluated
the future growth potential of global Marine Mining market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in global
marine mining market.
About TechSci Research
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