Saudi Arabia Contract Mining Services Market Size, Status and Forecast 2021-2027

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Date: 29-Nov-2021
No. of pages: 86
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Market Analysis and Insights: Saudi Arabia Contract Mining Services Market

The Saudi Arabia Contract Mining Services market size is projected to reach US$ 1144 million by 2027, from US$ 551 million in 2020, at a CAGR of 8.6% during 2021-2027.

In global market, the Underground Mining segment is an important type, but in Saudi Arabia, over 90% of the overall demand for contract mining services is for surface mining activities.

In terms of mine type, in the past few years, Phosphate is the largest segment, with a share from 42% in 2016 to 47% in 2020, due to strong demand from global market. Aluminium mine is the second segment in Saudi Arabia, with a share about 34% in 2020, and in next six years, the gold mine will grow faster. Driven by the government policies and investment (Vision 2030), it is predicted the other mines like tantalum, bauxite will also have strong growth potential in future.

Currently, Ma'aden is the most important mine owner, has several Gold, phosphate, and aluminum projects in Saudi Arabia. According to our research, Ma'aden's cost in contracted services is roughly equal to about 10% of Ma'aden's total revenue in 2020 and 2021. But in 2016, this proportion is about 5%.

Ma'aden's awarded contracts include Fluor, Jac Rijk Al-Rushaid, Saudi Comedat, Daelim, Asamco Almarbaie, Byrnecut, SNC Lavalin, Sinopec Engineering Group and Hanwha E&C, China Huanqiu (HQC), etc. Al Masane Al Kobra (AMAK) is also important mine owner, its awarded contracts include SENET and China National Geological & Mining Corporation (CGM), etc.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the Saudi Arabia Contract Mining Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the Saudi Arabia Contract Mining Services market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the Saudi Arabia Contract Mining Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the Saudi Arabia Contract Mining Services market.

Saudi Arabia Contract Mining Services Scope and Market Size

Contract Mining Services market is segmented by players, by Mining Method, and by Mine Type. Players, stakeholders, and other participants in the Saudi Arabia Contract Mining Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Mining Method and by Mine Type in terms of revenue and forecast for the period 2016-2027.

Key companies in Saudi Arabia

Saudi Comedat

Fluor

Jac Rijk Al-Rushaid

Daelim

Byrnecut

Asamco Almarbaie

SENET

China National Geological & Mining Corporation (CGM)

SNC Lavalin

Sinopec Engineering Group

Hanwha E&C

China Huanqiu (HQC)

Segment by Mining Method

Underground Mining

Surface Mining

Segment by Mine Type

Phosphate Mine

Aluminium Mine

Gold Mine

Copper-zinc Mine and Others

Saudi Arabia Contract Mining Services Market Size, Status and Forecast 2021-2027

Table of Contents
1 REPORT OVERVIEW 1
1.1 Study Scope 1
1.2 Market Analysis by Mining Method 1
1.2.1 Saudi Arabia Contract Mining Services Market Size Growth Rate by Mining Method: 2016 VS 2021 VS 2027 1
1.2.2 Underground Mining 2
1.2.3 Surface Mining 2
1.3 Market by Mine Type 3
1.3.1 Saudi Arabia Contract Mining Services Market Share by Mine Type: 2016 VS 2021 VS 2027 3
1.3.2 Gold Mine 4
1.3.3 Aluminum Mine 4
1.3.4 Phosphate Mine 5
1.3.5 Copper-zinc Mine and Others 5
1.4 Study Objectives 5
1.5 Years Considered 6
2 SAUDI ARABIA GROWTH TRENDS 7
2.1 Saudi Arabia Contract Mining Services Market Perspective (2016-2027) 7
2.2 Contract Mining Services Industry Dynamic 8
2.2.1 Contract Mining Services Market Trends and Opportunities 8
2.2.2 Contract Mining Services Market Drivers 11
2.2.3 Contract Mining Services Market Challenges 11
2.2.4 Contract Mining Services Market Restraints 12
2.2.5 Vision 2030 12
2.2.6 Saudi Arabia Mining Production 13
3 COMPETITION LANDSCAPE BY KEY PLAYERS 15
3.1 Saudi Arabia Contract Mining Services Revenue by Players 15
3.1.1 Saudi Arabia Contract Mining Services Revenue by Players (2016-2021) 15
3.1.2 Saudi Arabia Contract Mining Services Revenue Market Share by Players (2016-2021) 16
3.2 Saudi Arabia Contract Mining Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 16
3.3 Saudi Arabia Market: Ranking by Contract Mining Services Revenue 17
3.4 Saudi Arabia Contract Mining Services Market Concentration Ratio 18
3.4.1 Saudi Arabia Contract Mining Services Market Concentration Ratio (CR5 and HHI) 18
3.4.2 Top 3 and Top 5 Companies by Contract Mining Services Revenue in Saudi Arabia 19
3.5 Contract Mining Services Key Players Head office and Area Served 19
3.6 Key Players Contract Mining Services Product Solution and Service 20
3.7 Date of Enter into Contract Mining Services Market 20
3.8 Mergers & Acquisitions, Expansion Plans 21
4 CONTRACT MINING SERVICES BREAKDOWN DATA BY MINING METHOD 22
4.1 Saudi Arabia Contract Mining Services Historic Market Size by Mining Method (2016-2021) 22
4.2 Saudi Arabia Contract Mining Services Forecasted Market Size by Mining Method (2022-2027) 23
5 CONTRACT MINING SERVICES BREAKDOWN DATA BY MINE TYPE 24
5.1 Saudi Arabia Contract Mining Services Historic Market Size by Mine Type (2016-2021) 24
5.2 Saudi Arabia Contract Mining Services Forecasted Market Size by Mine Type (2022-2027) 25
6 KEY PLAYERS PROFILES 26
6.1 Jac Rijk Al-Rushaid 26
6.1.1 Jac Rijk Al-Rushaid Company Details 26
6.1.2 Jac Rijk Al-Rushaid Business Overview 26
6.1.3 Jac Rijk Al-Rushaid Contract Mining Services Introduction 31
6.1.4 Jac Rijk Al-Rushaid Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 35
6.1.5 Jac Rijk Al-Rushaid Recent Development 35
6.2 Saudi Comedat 36
6.2.1 Saudi Comedat Company Details 37
6.2.2 Saudi Comedat Business Overview 37
6.2.3 Saudi Comedat Contract Mining Services Introduction 39
6.2.4 Saudi Comedat Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 40
6.3 Asamco Almarbaie 41
6.3.1 Asamco Almarbaie Company Details 41
6.3.2 Asamco Almarbaie Business Overview 42
6.3.3 Asamco Almarbaie Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 44
6.4 Byrnecut 44
6.4.1 Byrnecut Company Details 45
6.4.2 Byrnecut Business Overview 45
6.4.3 Byrnecut Contract Mining Services Introduction 45
6.4.4 Byrnecut Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 47
6.5 China National Geological & Mining Corporation (CGM) 48
6.5.1 China National Geological & Mining Corporation (CGM) Company Details 48
6.5.2 China National Geological & Mining Corporation (CGM) Business Overview 49
6.5.3 China National Geological & Mining Corporation (CGM) Contract Mining Services Introduction 49
6.5.4 China National Geological & Mining Corporation (CGM) Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 49
6.6 SENET 49
6.6.1 SENET Company Details 50
6.6.2 SENET Business Overview 50
6.6.3 SENET Contract Mining Services Introduction 51
6.6.4 SENET Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 52
6.6.5 SENET Recent Development 53
6.7 SNC Lavalin 53
6.7.1 SNC Lavalin Company Details 53
6.7.2 SNC Lavalin Business Overview 53
6.7.3 SNC Lavalin Contract Mining Services Introduction 53
6.7.4 SNC Lavalin Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 54
6.8 Sinopec Engineering Group 54
6.8.1 Sinopec Engineering Group Company Details 55
6.8.2 Sinopec Engineering Group Business Overview 55
6.8.3 Sinopec Engineering Group Contract Mining Services Introduction 56
6.8.4 Sinopec Engineering Group Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 56
6.9 Hanwha Engineering & Construction Co 57
6.9.1 Hanwha Engineering & Construction Co Company Details 57
6.9.2 Hanwha Engineering & Construction Co Business Overview 57
6.9.3 Hanwha Engineering & Construction Co Contract Mining Services Introduction 58
6.9.4 Hanwha Engineering & Construction Co Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 58
6.10 China Huanqiu Contracting & Engineering Corp Co 59
6.10.1 China Huanqiu Contracting & Engineering Corp Co Company Details 59
6.10.2 China Huanqiu Contracting & Engineering Corp Co Business Overview 59
6.10.3 China Huanqiu Contracting & Engineering Corp Co Contract Mining Services Introduction 60
6.10.4 China Huanqiu Contracting & Engineering Corp Co Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 60
6.11 Daelim 60
6.11.1 Daelim Company Details 60
6.11.2 Daelim Business Overview 61
6.11.3 Daelim Contract Mining Services Introduction 61
6.11.4 Daelim Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 62
6.12 Fluor 62
6.12.1 Fluor Company Details 62
6.12.2 Fluor Business Overview 63
6.12.3 Fluor Contract Mining Services Introduction 63
6.12.4 Fluor Revenue of Contract Mining Services in Saudi Arabia (2016-2021) 65
7 ANALYST'S VIEWPOINTS/CONCLUSIONS 67
8 APPENDIX 68
8.1 Research Methodology 68
8.1.1 Methodology/Research Approach 68
8.1.2 Data Source 71
8.2 Disclaimer 74
8.3 Author Details 74
List of Tables and Figures
Table 1. Saudi Arabia Contract Mining Services Market Size Growth Rate by Mining Method (US$ Million): 2016 VS 2021 VS 2027 1
Table 2. Key Players of Surface Mining 2
Table 3. Saudi Arabia Contract Mining Services Market Size Growth by Mine Type (US$ Million): 2016 VS 2020 VS 2027 3
Table 4. Contract Mining Services Market Trends 10
Table 5. Contract Mining Services Market Drivers 11
Table 6. Contract Mining Services Market Challenges 11
Table 7. Contract Mining Services Market Restraints 12
Table 8. Saudi Arabia Contract Mining Services Revenue by Players (2016-2021) & (US$ Million) 15
Table 9. Saudi Arabia Contract Mining Services Market Share by Players (2016-2021) 16
Table 10. Saudi Arabia Contract Mining Services by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Contract Mining Services as of 2020) 17
Table 11. 5 Largest Players Market Share in Saudi Arabia by Contract Mining Services Revenue (CR5 and HHI) & (2016-2021) 18
Table 12. Key Players Headquarters and Area Served 19
Table 13. Key Players Contract Mining Services Product Solution and Service 20
Table 14. Date of Enter into Contract Mining Services Market 20
Table 15. Mergers & Acquisitions, Expansion Plans 21
Table 16. Saudi Arabia Contract Mining Services Market Size by Mining Method (2016-2021) & (US$ Million) 22
Table 17. Saudi Arabia Contract Mining Services Revenue Market Share by Mining Method (2016-2021) 22
Table 18. Saudi Arabia Contract Mining Services Forecasted Market Size by Mining Method (2022-2027) & (US$ Million) 23
Table 19. Saudi Arabia Contract Mining Services Revenue Market Share by Mining Method (2022-2027) 23
Table 20. Saudi Arabia Contract Mining Services Market Size by Mine Type (2016-2021) & (US$ Million) 24
Table 21. Saudi Arabia Contract Mining Services Revenue Market Share by Mine Type (2016-2021) 24
Table 22. Saudi Arabia Contract Mining Services Forecasted Market Size by Mine Type (2022-2027) & (US$ Million) 25
Table 23. Saudi Arabia Contract Mining Services Revenue Market Share by Mine Type (2022-2027) 25
Table 24. Jac Rijk Al-Rushaid Company Details 26
Table 25. Jac Rijk Al-Rushaid Business Overview 26
Table 26. Jac Rijk Al-Rushaid?? Contract Mining Projects 33
Table 27. Jac Rijk Al-Rushaid Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 35
Table 28. Jac Rijk Al-Rushaid Recent Development 35
Table 29. Saudi Comedat Company Details 37
Table 30. Saudi Comedat Contract Mining Services: Projects 39
Table 31. Saudi Comedat Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 40
Table 32. Asamco Almarbaie Company Details 41
Table 33. Asamco Almarbaie Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 44
Table 34. Byrnecut Company Details 45
Table 35. Byrnecut Contract Mining Services: Projects 45
Table 36. Byrnecut Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 47
Table 37. China National Geological & Mining Corporation (CGM) Company Details 48
Table 38. China National Geological & Mining Corporation (CGM) Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 49
Table 39. SENET Company Details 50
Table 40. SENET Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 52
Table 41. SENET Recent Development 53
Table 42. SNC Lavalin Company Details 53
Table 43. SNC Lavalin Contract Mining Services: Project 53
Table 44. SNC Lavalin Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 54
Table 45. Sinopec Engineering Group Company Details 55
Table 46. Sinopec Engineering Group Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 56
Table 47. Hanwha Engineering & Construction Co Company Details 57
Table 48. Hanwha Engineering & Construction Co Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 58
Table 49. China Huanqiu Contracting & Engineering Corp Co Company Details 59
Table 50. China Huanqiu Contracting & Engineering Corp Co Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 60
Table 51. Daelim Company Details 60
Table 52. Daelim Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 62
Table 53. Fluor Company Details 62
Table 54. Fluor Revenue of Contract Mining Services in Saudi Arabia (2016-2021) & (US$ Million) 65
Table 55. Research Programs/Design for This Report 68
Table 56. Key Data Information from Secondary Sources 72
Table 57. Key Data Information from Primary Sources 73
List of Figures
Figure 1. Saudi Arabia Contract Mining Services Market Share by Mining Method: 2020 VS 2027 2
Figure 2. Saudi Arabia Contract Mining Services Market Share by Mine Type: 2020 VS 2027 4
Figure 3. Gold Case Studies 4
Figure 4. Copper-zinc Mine 5
Figure 5. Contract Mining Services Report Years Considered 6
Figure 6. Saudi Arabia Contract Mining Services Market Size (US$ Million), Year-over-Year: 2016-2027 7
Figure 7. Saudi Arabia Contract Mining Services Market Size, (US$ Million), 2016 VS 2021 VS 2027 8
Figure 8. Saudi Arabia Contract Mining Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Contract Mining Services as of 2020) 17
Figure 9. The Top 3 and 5 Players Market Share by Contract Mining Services Revenue in Saudi Arabia: 2020 19
Figure 10. Jac Rijk Al-Rushaid Revenue Growth Rate in Contract Mining Services Business (2016-2021) 35
Figure 11. Saudi Comedat Revenue Growth Rate in Contract Mining Services Business (2016-2021) 41
Figure 12. Asamco Almarbaie Revenue Growth Rate in Contract Mining Services Business (2016-2021) 44
Figure 13. Byrnecut Revenue Growth Rate in Contract Mining Services Business (2016-2021) 48
Figure 14. Daelim Revenue Growth Rate in Contract Mining Services Business (2016-2021) 62
Figure 15. Fluor Revenue Growth Rate in Contract Mining Services Business (2016-2021) 66
Figure 16. Bottom-up and Top-down Approaches for This Report 70
Figure 17. Data Triangulation 71
Figure 18. Key Executives Interviewed 73
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