Skip to main content

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. 
Request for Sample of This Report:   http://bit.ly/2iV9Wcb
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. 
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.” 

Comments

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...

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 proto...