Press release
Global Mining Chemicals Market is expected to garner USD 6.03 billion in 2017 with By Major Vendors: BASF SE, Cytec Industries Inc., Huntsman Corporation, Orica Limited, Snf Floerger Sas, and Arrmaz Products L.P.
Global Mining Chemicals Market to reach USD 8.6 billion by 2025.Global Mining Chemicals Market is valued at approximately USD 6.03 billion in 2017 and is anticipated to grow with at approx. 4.60 % over the forecast period 2018-2025. The advent of methyl isobutyl carbinol (MIBC) as a frother mainly for mineral flotation is considered as a key trend for the growth of the mining chemicals market over the forecast period. Additionally, the growing demand for minerals and other resources are also expected to supplement the growth of the market across the globe.
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The rise of the market is backed owing to the growing mining activities along with the increasing investments on mining exploration. For Instance: according to the Brazilian Government in May 2017, the government has implemented a program named Investment Partnership Program with an aim to boost and supervise mining sector. Also, other investment opportunities include Eurasian resource Groups $2.4 billion integrated iron ore mining and logistics projects. Similarly, in 2018, Chilean Copper Commission plans to invest $7.2 billion to support major mine projects owned by Mantos Copper, BHP, Teck, Codelco, Goldcorp and others. Thus, growing mining activities is expected to increase the demand for mining chemicals as these chemicals are used at the stage of processing the respective ores. As a result, the demand & adoption of mining chemicals would increase, contributing towards the market growth. Furthermore, growing importance of water management activities offers lucrative growth prospects for the mining chemical market. However, slow growth of mining industry in emerging economies acts as a key restraint for the mining chemical market during the forecast period.
On the basis of segmentation, the mining chemicals market is segmented into type, mineral type and application. The type segment of global mining chemicals market is classified into flocculants, frothers, solvent extractants and grinding aids of which frothers holds the leading position owing to the increasing demand for better quality of minerals. On the basis of mineral type segment, the market is classified into base metals, non-metallic minerals, precious metals and rare earth metals. Also, the application segment is bifurcated into explosives & drilling, mineral processing, water and wastewater treatment and others of which mineral processing dominates the market due to rising demand for minerals.
The regional analysis of mining chemicals market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. Asia-Pacific dominates the mining chemicals market headed by China since the country is largest producer of minerals. Whereas, Asia Pacific is anticipated to emerge as the fastest growing market region during the forecast period 2018-2025 owing to growing number of mining activities along with the increasing investments on mining exploration. However, India and Australia are considered as lucrative countries in Asia-Pacific over the -forecast period of 2018-2025.
The leading market players include-
BASF SE
Clariant AG
Cytec Industries Inc.
Kemira Oyj
The DOW Chemical Company
Huntsman Corporation
Orica Limited
Arrmaz Products L.P.
Snf Floerger Sas
Chevron Phillips Chemical Company, LP
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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TABLE OF CONTENTS
Chapter 1. Global Mining Chemicals Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Mining Chemicals Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porters 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Mining Chemicals Market, By Type
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Mining Chemicals Market, Sub Segment Analysis
5.3.1. Flocculants
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Frothers
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3. Solvent extractants
5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.4. Collectors
5.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.5. Grinding aids
5.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Mining Chemicals Market, By Mineral Type
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Mining Chemicals Market, Sub Segment Analysis
6.3.1. Base Metals
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Non-metallic minerals
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.3. Precious metals
6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.4. Rare earth metals
6.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
……
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