Mineral market

The worldwide milk mineral concentrate market was valued at USD 103.0 million in 2021 and is expected to rise at a CAGR of 4.6% from USD 105.6 million in 2022 to USD 145.1 million by 2029.

The mining tires market is likely to grow at a promising CAGR of 5.1% in the long run to reach a value of US$ 5.3 Billion in 2027. Increasing government plans and programs aimed at boosting mining projects, rising demand for natural minerals in various end-use industries, coupled with the growing adoption of radial tires are one of the major factors driving the mining tires market across regions.

Flat steel market is likely to witness a healthy CAGR of 5.3% during the forecast period. An expected increase in demand for flat steel products is attributed to their increasing usage and applications in various end-use industries, such as ship building and automotive body panels, building & infrastructure, transportation and industrial sectors.