Transparency Market Research has released a new
market report titled "Mining Chemicals (Frothers, Flocculants, Collectors,
Solvent Extractants, Grinding Aids and Others) Market for Mineral Processing,
Explosives & Drilling, Water & Wastewater Treatment and Other
Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 - 2019," which observes that the mining chemicals market
demand in 2012 was worth USD 18.00 billion and is expected to reach USD 28.13
billion by 2019, growing at a CAGR of 6.6% from 2013 to 2019. In terms of
volume, the demand for mining chemicals was 6,857.4 kilo tons in 2012.
Browse Global Mining Chemicals Market Report with
Full TOC at http://www.transparencymarketresearch.com/mining-chemicals-market.html
Mining chemicals form an integral part of all the
mining activities carried out globally. Mining chemicals help to improve the
efficiency of mineral extraction from ores. Mining chemicals are used for
various mineral processing applications. Global demand for mining chemicals is
mainly driven by the decreasing ore grades throughout the globe in turn
requiring extensive mineral processing. The economic development of Asia
Pacific has led to an increase in demand for minerals and rare earth metals,
thus, increasing the demand for mining and subsequently mining chemicals. These
factors are expected to remain the major driving force for the mining chemicals
market. The complications involved in the transportation and logistics of
mining chemicals is expected to be a key challenge for market participants.
Mining chemicals used for water and wastewater
treatment applications were the predominant application segment, accounting for
over 40% of total demand in 2012. The demand for water and wastewater treatment
chemicals is expected to witness a robust growth in the next few years due to
ever increasing stringent environment regulations on tailings management. Water
and wastewater treatment chemicals are used for various water treatment
applications to avoid toxic discharge from tailings. Increasing stringent
government norms on toxic discharges are anticipated to be the key driving
factor of the mining chemicals market for the next few years.
Asia Pacific accounted for over 45% of the total
mining chemicals market in 2012, followed by Europe and North America. Asia
Pacific is also expected to be the fastest growing regional market in terms of
both mining chemicals consumption and production. This can be attributed to the
growing economies in this region. The economic development coupled with growing
investments in infrastructure and construction projects has resulted in Asia
Pacific emerging as a key destination for mining chemicals producers. This has
encouraged various manufacturers to concentrate their efforts on capacity
expansion in Asia Pacific to increase their production. North America is the
other major region where consumption of mining chemicals was very strong and is
expected to grow with a CAGR of about 5.4% in terms of volume from 2013 and
2019.
Cytec
Industries, BASF SE, Ashland Inc., Chevron Phillips Chemical Company, Dow
Chemicals Company and SNF FloMin are some of the major participants in the
mining chemicals industry.
Mining Chemicals Market - Product Segment Analysis
·
Frothers
·
Flocculants
·
Collectors
·
Solvent
extractants
·
Grinding aids
·
Others
(Modifiers, defoamers, etc.)
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Mining Chemicals Market - Application Segment
Analysis
·
Mineral
processing
·
Explosives and
drilling
·
Water and
Wastewater treatment
·
Others
(Exploration, analysis, etc.)
Mining Chemicals Market - Regional Analysis
·
North America
·
Europe
·
Asia Pacific
·
Rest of the
World (RoW)
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