PUBLISHER: Grand View Research | PRODUCT CODE: 1869747
PUBLISHER: Grand View Research | PRODUCT CODE: 1869747
The global circular economy in mining market size was estimated at USD 12.90 billion in 2024 and is projected to reach USD 25.30 billion by 2033, growing at a CAGR of 8.0% from 2025 to 2033. The growth is driven by rising demand for critical minerals such as metals, cobalt, and others, alongside the increasing adoption of sustainable, low-emission extraction technologies.
Enhanced waste recycling, resource efficiency, and government initiatives aimed at strengthening mineral security and reducing import dependency are further fueling the adoption of circular economy practices in mining. Sustainability is central to market expansion, with companies and governments emphasizing energy-efficient operations, ethical sourcing, and traceable supply chains to minimize environmental impact. Integrating recycled and secondary materials through circular economy initiatives reduces reliance on virgin ores, promotes resource efficiency, and aligns mining operations with Environmental, Social, and Governance (ESG) standards. These practices position electrochemical processing as a key enabler of sustainable metal production while supporting global environmental targets.
Global Circular Economy In Mining Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and analyzes the latest trends in each sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the global circular economy in the mining market report on basis of application, commodity, and region: