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Mining Chemicals Market 2023 : Trends, Business Growth And Major Driving Factors | AECI Mining Chemicals, BASF SE, Clariant AG, SNF Group, Kemira, 3M, Solvay, Ecolab, Exxon Mobil Corporation
Mining Chemicals Global Market Report
The Business Research Company's Mining Chemicals Global Market Report 2023 identifies the Increasing mining activities are expected to boost the mining chemicals market. Mining activity refers to extracting metallic and non-metallic minerals or industrial rock deposits from the earth. The nature of mining decides the use of various chemical contaminants, such as mercury, cyanide, and arsenic, utilized at different operation phases. It is used to separate minerals from their ore and boost metals' purity and minerals' purity.
The global mining chemicals market size is expected to grow from $14.89 billion in 2022 to $15.96 billion in 2023 at a compound annual growth rate (CAGR) of 7.17%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mining chemicals market size is expected to grow to $20.17 billion in 2027 at a CAGR of 6%.
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Major players in the market are AECI Mining Chemicals, BASF SE, Clariant AG, SNF Group, Kemira, 3M, Solvay, Ecolab, Exxon Mobil Corporation, Chevron Phillips Chemical Company LLC, Orica Limited, Arkema, Huntsman Corporation, Betachem (Pty) Ltd., and ArrMaz Products Inc.
A key trend in the Mining Chemicals market includes the Innovative mineral extraction technologies have emerged as the key trend gaining popularity in the mining chemicals market. Major companies operating in the mining chemicals market are developing innovative technologies such as electrification technologies to strengthen their position in the market.
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The Mining Chemicals market is segmented -
1) By Product Type: Frothers, Flocculants, Collectors, Solvent Extractants, Grinding aids
2) By Mineral Type: Base metals, Non-metallic minerals, Precious metals, Rare earth metals
3) By Application: Mineral Processing, Explosives and drilling, Water and wastewater treatment, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Mining Chemicals market.
The Business Research Company's "Global Mining Chemicals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Mining Chemicals Market Include:
1. Executive Summary
2. Mining Chemicals Market Characteristics
3. Mining Chemicals Market Trends And Strategies
4. Mining Chemicals Market - Macro Economic Scenario
5. Mining Chemicals Market Size And Growth
……
27. Mining Chemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mining Chemicals Market
29. Mining Chemicals Market Future Outlook and Potential Analysis
30. Appendix
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