Mining industry requires high amount of chemicals for process and extraction resources including variety of refining and concentration processes. These chemicals are utilized in various mining phases like extraction, tailings disposal, and benefaction. Cyanide, sulfuric acid, nitric acid, and heavy metals are the most common chemical which is used in mining industry.
Increase in emphasis on water and wastewater treatment is the driving factor which is expected to boost the mining chemicals industry across the globe. Furthermore, rise in mining activities are among the key trends will have the positive impact on market growth. Moreover, increase in demand for copper, gold, and platinum from various applications which are expected to propel the growth of global mining chemicals market during this forecast period. Also, rise in investments and new mining projects which is expected to drive the global mining chemicals market growth.
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However, stringent rules and regulations will act as a challenging factor which is expected to hamper the global mining chemicals market growth. Also, slow growth of mining industry in developing economy will affect the market growth.
Global Mining Chemicals Market is segmented into product such as Grinding Aids, Solvent Extractors, Collectors, Flocculants, Frothers, and Others. Further market is categorized into application such as application such as Water and Waterwaste Treatment, Explosives & Drilling, Mineral Processing, and Others.
Also, Global Mining Chemicals industry is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report Snf Floerger Sas, Arrmaz Products L.P., Orica Limited, Huntsman Corporation, The DOW Chemical Company, Kemira Oyj, Cytec Industries Inc., Clariant AG, BASF SE, and Akzonobel N.V.
- Grinding Aids
- Solvent Extractors
- Water and Waterwaste Treatment
- Explosives & Drilling
- Mineral Processing
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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