Base Metals Mining Market Report | Share, Size, Demand, Analysis and Key Insights, Overview, Report Strategies
Market Overview Base metals are extensively used in the manufacturing of electronic products such as computing devices, home appliances, and communication devices. One of the base metals, copper, has superior thermal conductivity, owing to which it finds wide applications in electric wires and components. Nickel is an ideal application for electronic appliances and battery materials. Thus, the rise in the electronics industry is expected to drive the demand for base metals mining during the forecast period. According to the German Electrical and Electronic Manufacturers' Association (ZVEI), the global electronic and electrical industry was valued at USD 4,499.22 billion in 2016. Asia-Pacific is the leading producers of electronic products, in 2016 the production was valued at USD 3,316.35 billion. Europe was the second-largest producer of electronic products accounting for USD 622.45 billion in 2016. Furthermore, consumer electronic products were valued at USD 249.32 billion, and