PUBLISHER: Grand View Research | PRODUCT CODE: 1870001
PUBLISHER: Grand View Research | PRODUCT CODE: 1870001
The global strategic mineral stockpiling market size was estimated at USD 8.50 billion in 2024 and is projected to reach USD 14.21 billion by 2033, growing at a CAGR of 6.1% from 2025 to 2033. Market growth is primarily driven by rising supply chain vulnerabilities, increasing geopolitical tensions, and the growing demand for critical minerals used in defense, renewable energy, and advanced manufacturing.
Additionally, government initiatives to secure strategic reserves and reduce import dependency propel market expansion. Strategic mineral stockpiling is critical in enhancing resource security, reducing geopolitical risks, and ensuring an uninterrupted supply of materials vital for defense, renewable energy, and advanced manufacturing. Its importance is growing across sectors such as aerospace, electric mobility, and clean energy, as stored minerals are increasingly used to stabilize supply chains and support strategic industries, contributing to national security and economic resilience.
Sustainability is becoming a key focus area in the global strategic mineral stockpiling market, influencing sourcing strategies, storage practices, and lifecycle management. Governments and industry players are adopting responsible mining, ethical sourcing, and traceable supply chain practices to minimize environmental impact and align with Environmental, Social, and Governance (ESG) standards.
Furthermore, the shift toward a circular economy encourages the integration of recycled and secondary materials into stockpiles, reducing dependence on virgin mineral extraction and lowering the overall carbon footprint. As industries and governments aim for greener manufacturing and energy transitions, sustainable stockpiling practices are emerging as both a regulatory necessity and a strategic advantage, enabling supply stability, resource efficiency, and long-term resilience.
Global Strategic Mineral Stockpiling Market Report Segmentation
This report forecasts global, country, and regional revenue growth and analyzes the latest trends in each sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the global strategic mineral stockpiling market report by mineral type, stockpiling entity, and region: