The Global Mining Chemicals Market was valued at US$ 24.5 billion in 2019. Rising demand for minerals, expanding building and construction industry, increased demand for mining chemicals for water and wastewater treatment, and lowering quality of mineral ores are the major forces driving the growth of the global mining chemicals market. Primarily used during mining process, the mining chemicals play an important role in mineral extraction and processing.
The global mining chemicals market is highly competitive in nature with participation of global, regional and local players. Mining chemical are hazardous for environment and human workers and thus production and handling of mining chemical is strictly governed by stringent regulations. OSPAR convention, Industrial Chemicals Act., and Registration, Evaluation, Authorisation, and restriction of Chemicals (REACH) governs the production, handling and use of mining chemicals as well as raw materials used for producing mining chemicals.
The mining activities have increased significantly during past decade and have contributed towards the growth of mining chemicals market across the globe. Lower quality of ores and complex ore bodies are difficult to process. This demands more mining chemical per ore weight, thereby fueling the growth of the global mining chemicals market. Another factor driving the growth of the global mining chemicals market is rising demand for metals such as gold, platinum, and coper and other minerals.
The waste water generated from mining process is hazardous to natural waterbodies and thus purification is required before discharging the waste into the waterbodies. This is expected to drive the growth of global mining chemicals market in coming years. However, the growth is expected to be stunted in coming years due to disruption in mining activities globally amidst the COVID-19 pandemic.
Asia Pacific contributed the largest share to the global mining chemicals market and is expected to be a dominating region throughout the forecast period. Expanding mining activities across China and other East Asian countries fueled by increased demand for minerals and metals is expected to contribute towards the growth of the Asia Pacific mining chemicals market during the forecast period. North America is expected to hold significant share of the global mining chemical market during forecast period owing to expansion of mining activities across the United States and Canada.
Mining Chemicals Market Share Analysis, by Geography (2021)
The report titled “Mining Chemicals Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032” wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global mining chemicals market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global mining chemicals market is segmented on the basis of product type, mineral type, applications, and geography. Based on product type, the global mining chemicals market is segmented into frothers, flocculants, collectors, solvent extractants, grinding acids, and others. Based on mineral type, the global mining chemicals market is segmented into base metals, non-metallic minerals, precious metals, rare earth metals, and others. Based on applications, the global mining chemicals market is segmented into mineral processing, explosives & drilling, water & wastewater treatment, and others. Based on geography, the global mining chemicals market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on mining chemicals. Further, market share of prominent companies in the global mining chemicals market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the mining chemicals manufacturing companies.
The global mining chemicals market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the mining chemicals business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global mining chemicals market.
Major players active in the global mining chemicals market include Air Products and Chemicals, Inc., Akzo Nobel N.V., Ashland Inc., BASF SE, Beijing Hengju Oil Field Huaxueji Limited Company, Cheminova A/S (a subsidiary of FMC Corporation), Chevron Phillips Chemical Company, LLC, Clariant AG, Cytec Industries Incorporated, Exxon Mobil Corporation, NASACO International LLC, National Aluminium Company Limited, Nouryon, Orica Limited, SNF, and The Dow Chemical Company.
Segmentation:
By Product Type:
By Mineral Type:
By Application:
By Geography:
Rising demand for minerals, expanding building and construction industry, increased demand for mining chemicals for water and wastewater treatment, and lowering quality of mineral ores are the major forces driving the growth of the global mining chemicals market.
The global Mining Chemicals market segmented on the basis of product type, mineral type, applications, and geography.
Major players operating in the global Mining Chemicals market include Air Products and Chemicals, Inc., Akzo Nobel N.V., Ashland Inc., BASF SE, Beijing Hengju Oil Field Huaxueji Limited Company, Cheminova A/S (a subsidiary of FMC Corporation), Chevron Phillips Chemical Company, LLC, Clariant AG, Cytec Industries Incorporated, Exxon Mobil Corporation, NASACO International LLC, National Aluminium Company Limited, Nouryon, Orica Limited, SNF, and The Dow Chemical Company..
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The Mining Chemicals analysis market has been assessed for the years 2022 to 2032.
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