Mining Chemicals Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2020–2026
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The growth of the market is driven by the increased demand for minerals, increased focus on water and wastewater treatment, and increased mining activities.
The Mining Chemicals Market is forecasted to grow from USD 27.97 Billion in 2018 to USD 45.87 Billion by 2026, at a CAGR of 6.1%, during the forecast period. The market is primarily driven by the growing demand for minerals, increased emphasis on treatment of water and wastewater and increased mining activities.
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Market Size – USD 27.97 Billion in 2018, Market Growth - CAGR of 6.1%, Market Trends – Increased demand for minerals, increased attention to treatment of water and wastewater and increased mining activities.
Further key findings from the report suggest The Mining Chemicals Market is forecasted to grow from USD 27.97 Billion in 2018 to USD 45.87 Billion by 2026, at a CAGR of 6.1%, during the forecast period. The market is primarily driven by the growing demand for minerals, increased emphasis on treatment of water and wastewater and increased mining activities. The market for base metals is expected to reach USD 11.01 Billion, growing at the highest CAGR of 7.3% during the forecast period. Due to the growth in industrialization and infrastructure development in the Asia-Pacific, Middle East & Africa, South America, and Eastern European regions, base metals will grow due to increased demand for these metals. The market for Asia Pacific (APAC) is expected to reach USD 15.6 Billion in 2026, at a CAGR of 6.9% during the forecast period. Countries like China and Japan, due to rapid economic expansion, are expected to see high growth in the market for mining chemicals. The economies positive outlook attracts huge investments from global mining firms. As a result, different metals and minerals mining capacity is increasing, boosting demand for mining chemicals. The major players in the market are Kemira OYJ (Finland), Dow Chemical Company (US), ArrMaz Products, L.P. (US), AkzoNobel N.V. (Netherlands), BASF SE (Germany), Clariant International Limited (Switzerland), Cytec Industries Inc. (US), HuntsOrica Ltd. (Australia), man International LLC (US), SNF Floreger (France) and others
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Market Summary
Market Summary Mineral Type (Kilo Tons) (Revenue, USD Million; 2016-2026) Base metals Non-metallic minerals Precious metals Rare earth metals
Mineral processing Explosives & drilling Water & wastewater treatment Others
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Application (Kilo Tons) (Revenue, USD Million; 2016-2026)
Market Summary North America US Europe Germany France UK Asia Pacific China India Japan Latin America Brazil Middle East & Africa
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Region (Kilo Tons) (Revenue, USD Million; 2016-2026)
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