According to study, “Asbestos
Mining Global Market Research Report 2019”
key companies operating in the global asbestos mining market are Oriental
Enterprises, Chongqing Jincan Insulation Material Co Ltd, Core Safety Group,
Balaji Enterprises, Unique Udyog Mumbai, Shree
Firepack Safety Private Limited, Yogdeep Enterprises, National Safety Solution,
Samarth Industries, Supreme
In Safety Services, Oriental Enterprises, Hiren Industrial Corporation, Johns
Manville, Protector Fire and Safety, Speciality Safety Engineers, Super Safety
Service, Perfect Welding
Solutions, Owens
Corning/Fibreboard Corp., R. Grace and Co., National Gypsum Corporation, Amatex
Corporation, Mergenthaler Linotype Company, Lincoln Electric, Dana Corporation,
Celotex Corporation, Pacor Incorporated, Raybestos-Manhattan Co., Gold Bond, Ford
Motor Compan, Unarco.
Asbestos is a naturally occurring silicate mineral
which is composed of long & thin fibrous crystals. Asbestos is used in
building insulation and in electrical insulation for hotplate wiring. It is
also used to make fireproof phase curtains for theaters, as well as
heat-resistant clothing for firefighters and metal workers. Asbestos has been
mined due to useful properties for instance flexibility and durability. Asbestos
is a recognized health hazard owing to inhalation of the fibers which can lead
to diseases such as malignant disease and nonmalignant disease. The malignant
diseases include lung cancer, ovarian cancer, mesothelioma, and laryngeal
cancer, as well as a variety of gastrointestinal tract, kidney cancers and oro-pharyngeal
while nonmalignant diseases include asbestos warts, disease asbestosis and benign
asbestotic pleural effusion.
Based on type, the global asbestos mining market is segmented into metallurgical
forging, welding & cutting, furnace casting and glass production. Based on
product type, market is segmented into brake linings, clutches, chemical pipes,
continuous mining machines, hoist machines, electrical components, motor
controls, hoses, pumps, starters, shuttle cars, valves, switches, winches and wastewater
removal piping. Based on form type, market is segmented into Amphibole and Serpentine.
The Amphibole range contains Amosite asbestos, Crocidolite asbestos, Actinolite
asbestos, Anthophyllite asbestos, and Tremolite asbestos while Serpentine range contains Chrysotile asbestos.
Based on mining type, market is segmented into underground mining and open-pit mining
(mountaintop mining). Based on application, market is segmented into thermal
& electrical insulation asbestos reinforces plastics, packaging machines
and friction materials etc. Additionally, based on end-use industries, market
is segmented into industrial, textile, building and others.
The asbestos mining market is driven by increase in demand for mining, followed by emerge in
markets, rapid industrialization and improvement in technologies. Apart from
advantages, workforce issues or safety and increase in interest rate may impact
the market.
Based on geography, the Asian-Pacific region holds
significant share in asbestos mining market, followed by South-American region owing
to growth in manufacture of asbestos cement and pipes in the region. The
North-American region is expected to remain low due to improved manufacturing &
handling procedures and stricter exposure regulations over the forecast period.
In upcoming years, it is projected that the future of the market will be bright
due to better earning capacity coupled with increase in positive economic
outlook over the forecast period.
For more information on the research
report, refer to below link:
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