Mining Chemicals Market

Mining Chemicals Market

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Riddhesh

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Riddhesh Dani

Harneet

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Harneet Meher

Shruti

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Shruti Bhat

Mining Chemicals Market Outlook 2031

The mining chemicals market size was valued at USD 10.71 Billion in 2022 and is expected to reach USD 19.36 Billion by 2031 expand at significant CAGR 6.8% during the forecast period, 2023–2031. Growth of the market is attributed to rapid economic expansion, strict rules and regulation for wastewater treatment, increased metal prices, and rapid urbanization.

The mining chemicals include raw materials such as sulfuric acid, cyanide, nitric acid, mercury, lead, and uranium. These chemicals are harmful and toxic to the environment and human For example, the majority of players extract gold from its ore by using cyanide.

Mining Chemicals Market Outlook

The Covid-19 pandemic affected the demand and supply of mining chemicals market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period

Mining Chemicals Market Trends, Drivers, Restraints, and Opportunities

  • Rapid economic expansion in mining sector is projected to boost the market in the coming years.
  • Increase in minerals and metal mining capacity are fueling the market.
  • Acid waste from mine has major impact on aquatic life and water resources are projected to restrict the market expansion in the coming years.
  • Major impact on air due to mining activities is anticipated to hamper the market growth during forecast period.
  • R&D investment and technological advancement in mining chemicals is projected to create lucrative opportunities for the market players.

Scope of The Mining Chemicals Market Report

The report on the mining chemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Mining Chemicals Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023-2031

Segmentation

Functions [Grinding Aids, Flotation Chemicals (Flocculants, Collectors, Frothers, Dispersants, and Depressants), and Extraction Chemicals (Extractants and Diluents)], and Applications (Wastewater Treatment and Mineral Processing)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East and Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

Clariant AG, Solvay, Chevron Phillips Chemicals Pvt. Ltd, BASF SE, AECI, Nalco Company, Cytec Industries, The Dow Chemicals Company, and Air Products, and Chemicals, Inc.

Mining Chemicals Market Segment Insights

The BFSI segment accounts for key share of the market and expected to grow at a rapid pace

Based on functions, the mining chemicals market is segregated into grinding aids, flotation chemicals, and extraction chemicals. The flotation chemicals segment is sub-segmented into flocculants, collectors, frothers, dispersants, and depressants. The extraction chemicals segment is sub-segmented into extractants and diluents. The grinding aids segment accounts for a key share of the market.

The growth of the market is attributed to new mining project and rapid economic expansion. However, the extraction chemicals segment is anticipated to expand at a rapid pace during the forecast period due to increase in metal price, increase in demand for specialty chemicals, and increase in mineral and metal mining capacity.

Mining Chemicals Market Functions

The mineral processing segment is anticipated to expand at a rapid pace

Based on applications, the mining chemicals market is fragmented into wastewater treatment and mineral processing. Mineral processing is an art of treating mineral products and crude ores in order to segregate the important minerals from the gangue, or waste rock. It is the first step that most ores go through after mining in order to give a more substance for the procedures.

Wastewater treatment used to extract contaminants from sewage or wastewater and convert into useful water that can be returned to water cycle. The wastewater consists of domestic, agricultural, and industrial. The main objective of wastewater treatment is to permit industrial and human effluent to be disposed without affecting environment and human health.


Wastewater treatment is difficult for mining applications. Water is used in mineral processing operation to recover metals from ore, water is essential to the mining industry. However, using water in mining operation causes mineral contamination.

Mining Chemicals Market Applications

The market in Asia Pacific is projected to dominate the market

On the basis of regions, the mining chemicals market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. The market in Asia Pacific is projected to dominate the market due to major drivers such as rapid industrialization, increase in population, and rapid urbanization.

The market in North America experiences rise in need for mining chemicals due to factors such as strict rules for wastewater treatment, rapid economic expansion, and increased demand for specialty chemicals.

Mining Chemicals Market Regions

Segments


The mining chemicals market has been segmented on the basis of

Functions

  • Grinding Aids
  • Flotation Chemicals
    • Flocculants
    • Collectors
    • Frothers
    • Dispersants
    • Depressants
  • Extraction Chemicals
    • Extractants
    • Diluents

Applications

  • Wastewater Treatment
  • Mineral Processing

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East and Africa

Key Players

  • Clariant AG
  • Solvay
  • Chevron Phillips Chemicals Pvt. Ltd
  • BASF SE
  • AECI
  • Nalco Company
  • Cytec Industries
  • The Dow Chemicals Company
  • Air Products and Chemicals, Inc.

Competitive Landscape

Key players competing in the mining chemicals market includes Clariant AG, Solvay, Chevron Phillips Chemicals Pvt. Ltd, BASF SE, AECI, Nalco Company, Cytec Industries, The Dow Chemicals Company, and Air Products and Chemicals, Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming year.

Mining Chemicals Market key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mining Chemicals Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Mining Chemicals Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Mining Chemicals Market - Supply Chain
  4.5. Global Mining Chemicals Market Forecast
     4.5.1. Mining Chemicals Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Mining Chemicals Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Mining Chemicals Market Absolute $ Opportunity
5. Global Mining Chemicals Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Mining Chemicals Market Size and Volume Forecast by Applications
     5.3.1. Wastewater Treatment
     5.3.2. Mineral Processing
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Mining Chemicals Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Mining Chemicals Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Mining Chemicals Demand Share Forecast, 2019-2026
7. North America Mining Chemicals Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Mining Chemicals Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Mining Chemicals Market Size and Volume Forecast by Applications
     7.4.1. Wastewater Treatment
     7.4.2. Mineral Processing
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Mining Chemicals Demand Share Forecast, 2019-2026
8. Latin America Mining Chemicals Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Mining Chemicals Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Mining Chemicals Market Size and Volume Forecast by Applications
     8.4.1. Wastewater Treatment
     8.4.2. Mineral Processing
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Mining Chemicals Demand Share Forecast, 2019-2026
9. Europe Mining Chemicals Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Mining Chemicals Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Mining Chemicals Market Size and Volume Forecast by Applications
     9.4.1. Wastewater Treatment
     9.4.2. Mineral Processing
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Mining Chemicals Demand Share Forecast, 2019-2026
10. Asia Pacific Mining Chemicals Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Mining Chemicals Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Mining Chemicals Market Size and Volume Forecast by Applications
     10.4.1. Wastewater Treatment
     10.4.2. Mineral Processing
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Mining Chemicals Demand Share Forecast, 2019-2026
11. Middle East & Africa Mining Chemicals Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Mining Chemicals Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Mining Chemicals Market Size and Volume Forecast by Applications
     11.4.1. Wastewater Treatment
     11.4.2. Mineral Processing
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Mining Chemicals Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Mining Chemicals Market: Market Share Analysis
  12.2. Mining Chemicals Distributors and Customers
  12.3. Mining Chemicals Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Clariant AG
     12.4.2. Solvay
     12.4.3. Chevron Phillips Chemicals Pvt. Ltd
     12.4.4. BASF SE
     12.4.5. AECI

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