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Mining chemicals market was valued at a CAGR of 6.17% during the forecast period from 2015 to 2020

08-26-2017 12:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: REPORTSANDMARKETS

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mining chemicals market size, mining chemicals market report, global mining chemicals market, mining chemicals market analysis, mi

mining chemicals market size, mining chemicals market report, global mining chemicals market, mining chemicals market analysis, mi

Reports And Markets Publish a New Market Research Report On – "Mining Chemicals Market - Segmented by Type, Application, and Geography - Trends and Forecasts (2017 - 2022)"

Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1086213-global-mining-chemicals-market-segmented-by-forecasts-2017-2022

The global mining chemicals market was valued at USD XX.XX in 2015 and is projected to reach USD 28.9 billion by 2020, at a CAGR of 6.17% during the forecast period from 2015 to 2020.

The Asia-Pacific holds the largest market share by accounting for about 50.0% of the mining chemicals, with China holding the majority of the share of the Asia-Pacific market. The Asia-Pacific is also expected to be the fastest-growing market, at a CAGR of XX%, during the forecast period, and is steered by the increasing mining activities in the region. North America and Europe are expected to experience comparatively lower growth rates owing to the decrease in mining activities in these regions.

The global mining chemicals market is segmented on the basis of function (flotation reagents (collectors, depressants), extraction chemicals (dilutents, extractants), thickeners (flocculants, coagulants), lubricants, pH adjusters, grinding aids, and others); on the basis of application (blasting & drilling, mineral processing, water & waste management, and others) and also on the basis of geography(Asia-Pacific (India, China, Japan, South Korea, the Rest of APAC), North America (United States, Canada, Mexico, and the Rest of North America), South America (Brazil, Argentina, and the Rest of South America), and Middle-East & Africa (Saudi Arabia, South Africa, and the Rest of MEA)).

The explosive and drilling segment holds the largest market share by application and is expected to be the fastest-growing segment during the forecast period. The increased demand for power is expected to increase the mining activities and, in turn, is expected to drive the explosives and drilling activities. The waste and water treatment segment is expected to witness a robust growth rate owing to the increasing regulations on end waste water disposal. By function type, the grinding chemicals segment has the highest market share.

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Market Dynamics of the Global Mining Chemicals Market:

Drivers:

Growing demand for explosives and specialty chemicals
Increasing demand for eco-friendly and sustainable chemicals
Increasing mining activities
Increasing exploitation of low quality ores

Restraints:

Stringent environmental regulations
High logistics cost

The growing demand for explosives and specialty chemicals results from the growing demand for better quality minerals. Moreover, the increasing environmental concerns drive the consumers to look out for sustainable and eco-friendly chemicals, which is further driving the market. However, high logistics costs that are involved with this market, such as for transportation, which result due to the remote location of mining areas is the major challenge faced by this market. The growing environmental concerns and stringent environmental regulations for many mining chemicals are also hampering the growth of the studied market in this report.

The report offers insights into the recent development, financials, and the products& services offered by the key market players of the industry. The major players in the global mining chemicals market are:

BASF
Beijing Hengju
Cheminova
Clariant
Cytec
Dyno Nobel
Nalco Company
Quarker Chemicals
QuingdaoRuchang Trading
SNF Flomin

Key Deliverables in the Study:

Market analysis for the global mining chemicals market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global mining chemicals market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

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Reports And Markets is part of the Algoro Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

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