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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Mining chemicals are widely used across mining industries for various process such as wastewater treatment, minerals processes, and drilling water. They are used to extract metal such as copper, platinum, and gold. Mining chemicals are broadly classified into collectors, frothers, grinding aids, flocculants, and solvent extractants.

The global mining chemicals market is estimated to account for US$ 28,130.8 Mn in terms of value and 10,106.4 Kilo Tons in terms of volume by the end of 2019.

Drivers:

Growing production of cement is creating demand for grinding aids. Grinding aids are extensively used in the manufacturing of limestone . Growth in the construction industry across the developing region is fueling demand for cement. Grinding aids reduce the cost of the energy associated with the grinding process. Hence, the increase in cement production is projected to propel the market growth of the mining chemicals.

Increasing strict rules and regulations associated with the tailing management that deals with the waste generated from mining the industry is projected to fuel the market growth. The large volume of waste is generated when minerals are extracted from mines, for treating this waste tailing management has become an important activity in order to protect the environment and promote the sustainability of the environment.

Figure 1. Global Mining Chemicals Market Share (%) in terms of Value, By Region, in 2019

Mining Chemicals  | Coherent Market Insights

Asia Pacific region dominated the global mining chemicals market in 2019, accounting for 48.3% share in terms of value, followed by North America and Western Europe, respectively.

Market Restraints

Transportation and logistics of mining chemicals is one of the crucial factor hindering the market growth. The cost of transportation and logistic of mining chemicals is little high which create pressure on the manufacturer of mining chemical to deliver products efficiently and in proper condition.

The market of mining industry is witnessing slow growth in the developed region such as North America and Europe. The market of mining industry is currently in the mature phase and is experiencing relatively slow growth. This condition is expected to remain the same over the coming few years. This factor is restricting the market growth of mining chemicals.

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Mining Chemicals Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 28,130.8 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 6.6% 2027 Value Projection: US$ 46,847.9 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Africa
Segments covered:
  • By Products Type: Frothers, Flocculants, Collectors, Solvent Extractant, Grinding Aids, and Others
  • By Application: Mineral Processing, Explosives & Drilling, Water & Waste Treatment and Others
Companies covered:

Ashland Inc., BASF SE, The Dow Chemical Company, Chevron Phillips Chemicals Company LP, Clariant AG, Cytec Industries, Nalco Company, Air Products and Chemicals, Inc., and AkzoNobel Performance Additives

Growth Drivers:
  • Growth in the construction industry across the developing region is fueling demand for the market
  • Increasing strict rules and regulations associated with the waste generated from mining the industry is projected to fuel the market growth
Restraints & Challenges:
  • Transportation and logistics of mining chemicals is one of the crucial factor hindering the market growth

Market Opportunities

Rising demand for gold around the globe is projected to offer lucrative opportunities over the forecast period. Growth in the mining and smelting industries across Nigeria and Indonesia are again expected to foster the market growth of the mining chemicals. Moreover, expansion of the chemical industry across developing regions is further anticipated to augment the market growth of the mining chemicals over the forecast period.

Increasing consumption of base metal such as iron, steel, aluminum, across various end-use industries is expected to serve major opportunities. Electronic, automotive, aerospace and construction industry are major consumer of the base metals as they are used in the manufacturing of various components and structures. The market of mining chemical is witnessing tremendous growth with the increasing consumption of these metals.

Figure 2. Global Mining Chemicals Market– Opportunity Analysis

Mining Chemicals  | Coherent Market Insights

Market Trends/Key Takeaways

Rising distribution agreement among key manufacturers for expanding the supply chain process is one of the key trends in the market. For instance, in May 2019, BASF entered an exclusive agreement with Quadra Chemicals Ltd., to present its mining solutions portfolio of products in Canada and Alaska. The goal of this agreement is to streamline the supply of the mining chemicals efficiently to current and future customers.

Recycling of wastewater is a growing trend due to which key manufacturers are introducing flocculants chemicals for treating wastewater. Increasing water pollution coupled with the growing environmental concern is creating a need for wastewater treatment which is further augmenting the market growth of the mining chemicals over the forecast period.

Figure 3. Global Mining Chemicals Market Share (%) in terms of Value, By Product Type, in 2019

Mining Chemicals  | Coherent Market Insights

On the basis of product type in 2019, the grinding aids segment has accounted the largest market share of 27.4% in terms of value, followed by collectors and flocculants segments respectively.

Global Mining Chemicals Market - Impact of Coronavirus (Covid-19) Pandemic

Coronavirus is expected to have a significant impact on the mining sector as due to the pandemic situation the mining activities across the globe have come down to a grinding halt. Moreover, due to the lack of demand from end-use sector mine developer operators and mineral operators are expected to face significant challenges. Thus, affecting the growth of mining chemical market.

Competitive Section:

Company Names 

  1. Ashland Inc.
  2. BASF SE
  3. The Dow Chemical Company
  4. Chevron Phillips Chemical Company LP
  5. Clariant AG
  6. Cytec Industries
  7. Nalco Company
  8. Air Products and Chemicals, Inc.
  9. AkzoNobel Performance Additives

Few Recent Developments

In May 2019, BASF entered into an exclusive agreement with Quadra Chemicals Ltd., to present its mining solutions portfolio of products in Canada and Alaska. The goal of this agreement is to streamline the supply of mining chemicals efficiently to current and future customers.

Few Recent Developments

In September 2019, CPS Performance Materials announced that it has acquired GEO Specialty Chemicals. GEO is a diverse supplier of specialty chemicals and materials to the coatings, adhesives, medical, water treatment, and construction markets.

Mining chemicals are widely used across mining industries for various process such as wastewater treatment, minerals processes, and drilling water. They are used to extract metal such as copper, platinum, and gold. Mining chemicals are broadly classified into collectors, frothers, grinding aids, flocculants, and solvent extractants.

Market Dynamics

Growing investment in the mining industry by the government of the Middle East region is expected to bring new market opportunities for the mining chemicals market. These regions are anticipated to hold large volumes of untapped mining sites. For this, various mining companies and government are investing in the mining industries for mineral extraction which is expected to create demand for mining chemicals.

Increasing strict rules and regulations associated with the tailing management that deals with the waste generated from mining the industry is projected to fuel the market growth. The large volume of waste is generated when minerals are extracted from mines, for treating this waste tailing management has become an important activity in order to protect the environment and promote the sustainability of the environment

Key features of the study:

  • This report provides in-depth analysis of the global mining chemicals market and provides market size (US$ Million & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • This study also provides impact analysis of Coronavirus (Covid-19) pandemic on mining chemicals market.
  • It profiles key players in the global mining chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Ashland Inc., BASF SE, The Dow Chemical Company, Chevron Phillips Chemicals Company LP, Clariant AG, Cytec Industries, Nalco Company, Air Products and Chemicals, Inc., and AkzoNobel Performance Additives
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global mining chemicals market report caters to various stakeholders in this industry including investors, suppliers,  mining chemicals manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the mining chemicals market

Detailed Segmentation:

  • Global Mining Chemicals Market, By Product Type:
    • Frothers
    • Flocculants
    • Collectors
    • Solvent Extraxtant
    • Grinding Aids
    • Others
  • Global Mining Chemicals Market, By Application:
    • Minerals Processing
    • Explosives & Drilling
    • Water and Waste Treatments
    • Others
  • Global Mining Chemicals Market, By Region:
    • North America
      • U.S.
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Canada
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
    • Europe
      • U.K.
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Germany
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • France
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Italy
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Spain
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Russia
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Rest of Europe
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
    • Asia Pacific
      • China
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • India
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • ASEAN
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Australia
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • South Korea
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Rest of Asia Pacific
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
    • Latin America
      • Brazil
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Mexico
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Rest of Latin America
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
    • Middle East & Africa
      • Middle East
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
      • Africa
        • By Material Type
          • Frothers
          • Flocculants
          • Collectors
          • Solvent Extraxtant
          • Grinding Aids
          • Others
        • By Application
          • Electronics
          • Minerals Processing
          • Explosives & Drilling
          • Water and Waste Treatments
          • Others
  • Company Profiles
    • Ashland Inc.*
      • Company Overview
      • Material Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • BASF SE
    • The Dow Chemical Company
    • Chevron Phillips Chemicals Company LP
    • Clariant AG
    • Cytec Industries
    • Nalco Company
    • Air Products and Chemicals, Inc.
    • AkzoNobel Performance Additives

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Material Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Mining Chemicals Market – Impact of Coronavirus (Covid-19) Pandemic
    • Impact of Coronavirus – Overview
    • Impact Analysis, By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
      • Middle East
      • Africa
  5. Global Mining Chemicals Market, By Product Type, 2017 - 2027 (US$ Million & Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Frothers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Flocculants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Collectors
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Solvent Extractant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Grinding Aids
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
  6. Global Mining Chemicals Market, By Application, 2017 - 2027 (US$ Million & Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Mineral Processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Explosive & Drilling
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Water and Waste Treatment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Kilo Tons)
  7. Global Mining Chemicals Market, By Region, 2017- 2027 (US$ Million & Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 – 2027 (%)
        • Middle East
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
        • Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Kilo Tons)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      •  Geo Specialty Chemicals, Inc.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Perstorp Specialty Chemicals AB
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Henan Tianfu Chemical Co. Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shenzhen Vtolo Chemicals Co., Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for mining chemicals is estimated to surpass US$ 46,847.9 million by the year 2027, exhibiting a CAGR of 6.6% between 2020 and 2027.
Increasing strict rules and regulations associated with the tailing management that deals with the waste generated from mining the industry is projected to fuel the market growth. The large volume of waste is generated when minerals are extracted from mines, for treating this waste tailing management has become an important activity in order to protect the environment and promote the sustainability of the environment.
The mining chemicals market is expected to exhibit to grow at a CAGR of 6.6% during the forecast period (2020-2027).
Major players functioning in the global mining chemicals market includes Ashland Inc., BASF SE, The Dow Chemical Company, Chevron Phillips Chemicals Company LP, Clariant AG, Cytec Industries, Nalco Company, Air Products and Chemicals, Inc., and AkzoNobel Performance Additives
Transportation and logistics of mining chemicals is one of the crucial factor hindering the market growth. The cost of transportation and logistic of mining chemicals is little high which create pressure on the manufacturer of mining chemical to deliver products efficiently and in proper condition
Recycling of wastewater is a growing trend due to which key manufacturers are introducing flocculants chemicals for treating wastewater. Increasing water pollution coupled with the growing environmental concern is creating a need for wastewater treatment which is further augmenting the market growth of the mining chemicals over the forecast period.
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