Market Demand : Global Mining Chemical Market to Grow at a CAGR of 7% During the Period 2017-2020

ALBANY, NY, March 31, 2017 : Mining chemicals are functionally specialized chemicals that enhance the productivity and efficacy of mining processes. These chemicals are primarily used in blasting and drilling, mineral processing, and water and waste treatment. They are commonly used in the extraction of metals and minerals like copper, gold, molybdenum, nickel, iron, cobalt, alumina, and other industrial minerals like bauxite, chromite, cobalt, manganese, and quartz.

Technavios analysts forecast the global mining chemicals market to grow at a CAGR of 7% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global mining chemicals market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of mining chemicals for applications like blasting and drilling, mineral processing, and water and waste treatment in the mining industry.

The market is divided into the following segments based on geography:
APAC
Europe
MEA
North America
South America

Technavio's report, Global Mining Chemicals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AECI
BASF
Chevron Phillips Chemical
Clariant
Cytec Solvay

Other prominent vendors
AkzoNobel Surface Chemistry
Evonik
DuPont
Ashland

Market driver
Growth in blasting and drilling application in coal mining
For a full, detailed list, view our report

Market challenge
Increase in cost of production
For a full, detailed list, view our report

Market trend
Growing number of industry-specific products
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.