The Global Mining Chemicals Market held USD 29.28 billion in 2020 and is to grow with a CAGR of 6% from 2020-2030. Mining chemicals are advanced chemicals that are used to make mining procedures more productive and efficient. Mining chemicals includes surfactants, collectors, solvent extractant, scale inhibitors, corrosion inhibitors, grinding aids, chelants, surfactants, frothers, pH modifiers, flocculants, dewatering aids. dispersants and others. The collectors used in mining chemicals are dithiophosphates, dithiophosphates, xanthates, and thiocarbamates. These collectors help to recover copper at low pH value. Other collectors includes lead, copper, oily and soluble. Chemicals used during the mining and mineral processing pollutes water, air and soil, causing issues in the employee's health and people living close to mines, which can be a restraint in the global mining chemicals market. Raw materials such as sulfuric acid, mercury, uranium, cyanide, nitric acid and lead are used to manufacture mining chemicals. Such chemicals are hazardous to environment and the human beings. That's why these chemicals are regulated under REACH (Registration, Evaluation, Authorisation, and restriction of Chemicals), Industrial Chemicals Act and OSPAR convention.

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Market Dynamics and Factors

Increasing demand for minerals, increased focus on water & waste-water treatment and increased mining activities are among the main trends that drive growth in the mining chemicals market. Over the coming years, rising demand for gold, copper, and platinum from different applications is also expected to fuel demand for goods. Because of the poor quality of the ore bodies the mining industry has faced many challenges. Growing demand for gold has led to increased mining activities which are expected to boost demand for mining chemicals, thus acting as a catalyst in global mining chemicals market growth over the forecast period. The global mining chemicals market is highly competitive and logistics is one of the major factor contributing to the final product.

Market Segmentation:

Global Mining Chemicals Market – By Product Type
Grinding Aids
Flocculants
Collectors
Frothers
Solvent Extractants
Global Mining Chemicals Market – By Mineral Type
Base Metals
Non-Metallic Minerals
Precious Metals
Rare Earth Metals
Global Mining Chemicals Market – By Application
Mineral Processing
Explosives & Drilling
Water & Wastewater Treatment
Others
Global Mining Chemicals Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
Geographic Analysis

Asia Pacific was the largest chemical mining sector in 2015, with a global market share of just over 40%. Mineral processing and the explosives & drilling sectors are the key drivers of global mining chemicals market. In addition to it, emerging economies including China and India are expected to fuel demand for mining chemicals over the forecast period. China is one of the top producers of rare earth metals, gold, and iron. China has more than 10,000 mines, providing a large proportion of the world's total output. It's also the largest user of mining chemicals used for mineral extraction. It is predicted that those factors would have a positive effect on global mining chemicals market.

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Competitive Scenario

The key players of global mining chemicals market include Solvay, Chevron Phillips Chemicals Pvt. Ltd., BASF SE, AECI and Clariant AG.

How will this Market Intelligence Report Benefit You?

1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

2. Exclusive insight into the key trends affecting the Mining Chemicals industry, although key threats, opportunities and disruptive technologies that could shape the Mining Chemicals Market supply and demand.

3. The report tracks the leading market players that will shape and impact the Mining Chemicals Market most.

4. The data analysis present in the Mining Chemicals Market report is based on the combination of both primary and secondary resources.

5. The report helps you to understand the real effects of key market drivers or retainers on Mining Chemicals Market business.

The 2021 Annual Mining Chemicals Market offers:

• 100+ charts exploring and analysing the Mining Chemicals Market from critical angles including retail forecasts, consumer demand, production and more

• 15+ profiles of top producing states, with highlights of market conditions and retail trends

• Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

• Benchmark wholesale prices, market position, plus prices for raw materials involved in Mining Chemicals Market type

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