Mexico Solution Mining Market Size & Outlook, 2021-2030
Mexico solution mining market, 2018-2030 (US$M)
Related Markets
Mexico solution mining market highlights
- The Mexico solution mining market generated a revenue of USD 83.6 million in 2021 and is expected to reach USD 92.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 1.2% from 2022 to 2030.
- In terms of segment, other products was the largest revenue generating product in 2021.
- Trona is the most lucrative product segment registering the fastest growth during the forecast period.
Solution mining market data book summary
| Market revenue in 2021 | USD 83.6 million |
| Market revenue in 2030 | USD 92.7 million |
| Growth rate | 1.2% (CAGR from 2021 to 2030) |
| Largest segment | Other products |
| Fastest growing segment | Trona |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trona, Other Products |
| Key market players worldwide | 5E Advanced Materials Inc, Nutrien Ltd, Vale SA ADR, Intrepid Potash Inc, Nemag, The Mosaic Co |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.4% of the global solution mining market in 2021.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico solution mining market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 92.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Solution Mining Market Scope
Solution Mining Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico solution mining market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to solution mining market will help companies and investors design strategic landscapes.
Other products was the largest segment with a revenue share of 95.81% in 2021. Horizon Databook has segmented the Mexico solution mining market based on trona, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico held 6.4% share of solution mining market by revenue in Latin America in 2021, where the market is anticipated to grow at a CAGR of 1.2%, in terms of revenue, over the forecast period. The mining industry is currently struggling owing to high tax burden and the government decision to stop granting concessions.
Also, the law regarding the nationalization of lithium deposits was passed by the Mexican Congress in April 2022 with an intention to enhance control over this strategic resource. Such initiatives have reduced investments in the mining industry owing to growing security concerns over mining rights.
Reasons to subscribe to Mexico solution mining market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico solution mining market databook
-
Our clientele includes a mix of solution mining market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico solution mining market , including forecasts for subscribers. This country databook contains high-level insights into Mexico solution mining market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico solution mining market outlook size, by product, 2018-2030 (US$M)
Mexico Solution Mining Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
