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 treat...