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Asia Pacific emerged as the leading regional market, accounting for over 60.0% of the industry in 2016, owing to presence of robust economies such as India, China, and Australia. With increasing demand for minerals and mining services, India is among the fastest-growing economies in the region.

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Mineral ores are used for the production of a wide range of metals and mineral products including iron ore for producing the steel used in construction, ships, motor vehicles and machinery, bauxite used for aluminium, copper for electrical wiring and plumbing and other metals for a range of alloys, such as nickel for stainless steel.

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