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The Global Mining Chemicals Market is expected to witness a CAGR of 3.64%, by revenue, till 2022, with increasing mining activities in Canada and Mexico – Mordor Intelligence Study

 



(EnergyIndustry.Net, September 21, 2017 ) The global mining chemicals market has been estimated to grow at a slow pace, while projecting a CAGR of 3.64%, in terms of revenue, during the forecast period. One of the major factors driving the growth of the market is the increasing mining activities in Canada and Mexico. Mining chemicals play a major role in the processing of mineral ores. With the increase in consumption of base metals (such as iron, steel, aluminum, etc.) and precious metals (such as, silver, gold, and platinum), mining activities for the aforementioned metals have surged globally, especially in Canada and Mexico. For instance, the mining industry in Mexico has always been a focus for foreign mining companies and investors. The focus is due to Mexico’s vast resources of precious metals and minerals, coupled with flexible legal requirements. The availability of skilled and cheap labor is an added advantage. The country is the largest silver producer globally, accounting for nearly 20% of the global silver production. Mexico is also home to many metals and minerals, such as fluorite, lead, zinc, bismuth, and sodium, among others, making the country one of the top 20 mineral-rich countries worldwide. This, in turn, is expected to boost the demand for mining chemicals in Mexico. BASF, Clariant, The Dow Chemical Company, Cytec Solvay Group, Akzo Nobel N.V., etc., are among the major players in the mining chemicals industry.



The Global Mining Chemicals Market was worth USD 3,166.43 million in 2016. The flotation chemical segment occupied the highest market share, in terms of volume.



In 2017, Asia-Pacific is expected to dominate the global market, by volume, and is likely to witness the highest CAGR during the forecast period.

The market has been segmented on the basis of function and application. By the end of 2017, by revenue and function, the flotation chemical segment is expected to dominate the global market and is expected to witness the highest CAGR during the forecast period. The water & wastewater treatment segment has accounted for the highest market share, by application, owing to the recent awareness about growing environmental concerns.



The Global Mining Chemicals Market is expected to register a CAGR of 3.64%, by revenue, and 3.54% by volume, during the forecast period.



Browse the report Here.



The report can answer the following:



1. What is the global consumption value in the mining chemicals market?

2. Who are the key producers of mining chemicals and what are their company profiles (market share, recent developments, financials, and strategies)?

3. What are the technologies used and what are the end-user applications for mining chemicals and the market share of each type and application?

4. What are the different types of functions performed by mining chemicals and what is their market share?

5. What are the recent developments and trends in the mining chemicals market?

6. What are the estimated size and growth rates for the global mining chemicals market for 2022?

7. What are the key factors driving the global mining chemicals market?

8. What are the key market trends that impact the growth of the mining chemicals market?

9. What are the key factors restraining the growth of the mining chemicals market?

10. What are the future opportunities of the mining chemicals market?



Study Objectives:



1. To provide a detailed analysis of the market structure, along with the forecast of various segments and sub-segments of the global mining chemicals market.

2. To provide insights about factors affecting the market growth. To analyze the mining chemicals market, based on various factors, such as, supply chain analysis, Porter’s five forces analysis, etc.

3. To provide the historical data and forecast revenue of the market segments and sub-segments, with respect to the geographical regions.

4. To provide country-level analysis of the market, with respect to the current market size and prospects.

5. To provide country-level analysis of the market, by application, technologies, and the respective sub-segments.

6. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape of the market.

7. To track and analyze competitive developments, such as joint ventures, strategic alliances, mergers & acquisitions, new product development, and R&D in the global mining chemicals market.



Spanning over 150 pages, the “Global Mining Chemicals (2017 - 2022)” report covers the industry overview, analysis of drivers, restraints, and opportunities, Porter’s analysis, major companies that produce paints & coatings, global consumption of mining chemicals, revenue by region, volume by region, technology types, and end-user applications, global growth of the market (2012-2017), consumption value, key developments, and trend analysis of the market.



About Mordor Intelligence



Mordor Intelligence is a market intelligence and business advisory firm. The company operates in the business of industry analysis and consulting, in over 16 verticals. In today’s fast-paced and competitive business environment, every customer has unique information requirements. Having understood this, Mordor offers custom market intelligence and advisory services, along with syndicated reports, to help customers gain an edge over the competition. The company has successfully catered to over 500 (40% of fortune 500) clients since 2013.



Mordor Intelligence

Sakshi Seth

7860584254

sakshi.s@mordorintelligence.com

Source: EmailWire.Com

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