Global Mining Chemicals Market: Degradation of Ore Grade to Fuel Demand across Mining Industry, finds TMR

The competitive rivalry in the global mining chemicals market is significantly high due to the presence of several leading companies, states Transparency Market Research (TMR) in a new research report. To meet the demand arising from several end-use industries, manufacturers are focusing on capacity expansion of their respective production facilities. Some of the leading participants in the global mining chemicals market are The Dow Chemical Company, SNF FloMin, Chevron Phillips Chemical Company, Cytec Industries, Clariant AG, and BASF SE. The mining chemical industry is likely to exhibit moderate forward integration as several mining chemical companies are also involved in downstream activities.

The global mining chemicals market is projected to exhibit a 6.6% CAGR between 2013 and 2019. In 2012, the market stood at a valuation of US$18,000.9 mn and is projected to touch US$28,130.8 mn by the end of 2019. In terms of application, the water and wastewater treatment segment emerged dominant and accounted for a share of approximately 40% in 2012. The consumption of mining chemicals has extensively increased in the water and wastewater treatment segment due to the implementation of various laws and regulations across the globe to control the harmful effects of mining on the environment.

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Based on product, the market is classified into frothers, flocculants, collectors, solvent extracts, and grinding aids. Amidst these, grinding held the leading share of approximately 29% in 2012 in the global mining chemicals market. Mining chemicals which is used for collectors emerged as the second leading segment after grinding.

Asia Pacific to Lead in terms of Consumption of Mining Chemicals

Based on geography, the global mining chemicals market is segmented into the Rest of the World, North America, Europe, and Asia Pacific. Europe and Asia Pacific emerged as the key markets for mining chemicals in 2012. Asia Pacific led the global mining chemicals market with a share of approximately 50% in 2012. The growth of the mining chemicals market in Asia Pacific can be attributed to the production unit expansion by leading manufacturers to increase production and circulation in the region. Countries in regions such as the Middle East and North Africa, Latin America, and Asia Pacific are investing in numerous infrastructure projects, thus boosting the demand for mining chemicals in these regions.

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Investment in Mining Projects to Accelerate Sales of Mining Chemicals

“Regions such as South America and Asia Pacific are focusing on improving their existing mining infrastructure and are also investing in new mining projects for economic development,” says a TMR analyst. Owing to the decreasing grades of ores of various mines across the globe, the demand for mining chemicals has intensified. Due to the decreasing ore grades, mining companies have been compelled to increase mineral processing activities to extract minerals in a viable way. The demand for mining chemicals also rises with the shifting consumption trends and economic development of regions. The flourishing mining industries in Eastern Europe and Africa are expected to provide manufacturers with new opportunities to gain from.

Complexities Associated With Logistics to Inhibit Market Growth

Factors such as complexities involved with logistics and transportation are anticipated to hamper the growth of the global mining chemicals market. At times, producers and mines from where they extract ore are located far apart. As a result of this, the process of transporting ores and minerals to the desired place takes time, hence delaying the sales of mining chemicals. Moreover, economic downturn in emerging economies is further expected to hinder the growth of the global mining chemicals market.

Mining Chemicals Market – Application Segment Analysis

Mineral processing
Explosives and drilling
Water and Wastewater treatment
Others (Exploration, analysis, etc.)

This review is based on a Transparency Market Research report, titled, “Mining Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013-2019.”

Oil and Gas Pipeline Leak Detection Equipment Market Driven by Stringent Government Regulations

Although renewable resources of energy have gained substantial popularity in the recent past, there is no foreseeable limitation to the escalating demand for oil and gas, with the growing population and rapid urbanization. Consequently, the demand in the global market for oil and gas pipeline leak detection equipment is projected for a robust CAGR of 6.8% during the forecast period of 2016 to 2024, according to a recent report by Transparency Market Research (TMR). As per the estimations of the TMR report, the global oil and gas pipeline leak detection equipment market will be worth US$3.65 bn by the end of 2024, significantly up from its evaluated valuation of US$2.02 bn in 2015. Some of the key factors augmenting the demand in the oil and gas pipeline leak detection equipment market are: development and expansion of existing pipelines and construction of new pipelines, increasing incidents of oil and gas leakages in pipeline and storage tanks at production facilities, and

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

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