The global mining chemicals market is forecasted to progress with a CAGR of 4.00% during the forecast period of 2019-2027
NEW YORK, Oct. 18, 2018 /PRNewswire/ -- KEY FINDINGS
The global mining chemicals market is forecasted to progress with a CAGR of 4.00% during the forecast period of 2019-2027. Factors such as Increasing blasting and drilling application in coal mining, a heavy requirement for coal in energy production and rapid industrialization in BRICS are fueling the market growth.
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MARKET INSIGHTS
The global mining chemicals market is segmented by product types and applications.The product types include grinding aids, flocculants, solvent extractants, emulsifiers, sulfide collectors, frothers and other product types.
The mining chemicals find their applications in blasting and drilling, mineral processing, water and waste treatment and other application. By the end of the forecast period, the market is predicted to experience a healthy growth owing to opportunities like a high requirement for coal in energy production and increasing industry-specific offerings by vendors.
REGIONAL INSIGHTS
Region wise, the global mining chemicals market is segmented into Europe, Asia-Pacific, North America and rest of the world.Among these, the Asia-Pacific holds the largest share of the global mining chemicals market, with major contribution coming from
China, Australia and Japan.
Geographically, the APAC has a large deposition of minerals like iron ore, copper, silver, nickel, and zinc, coal and molybdenum. Several multinational mining companies also have their presence in this region, further fueling the market's prosperity.
COMPETITIVE INSIGHTS
AECI, Air Products and Chemicals Inc, AkzoNobel N.V, BASF, Chevron Phillips Chemical, Clariant, Cytec Solvay Group, E. I. Du Pont De Nemours and Company, Exxon Mobil, Orica, Huntsman Corporation, Ashland Global, Kemira Oyj, Solenis, and Ecolab are some of the pioneering companies in the global mining chemicals market.
Companies mentioned
1. AECI
2. AIR PRODUCTS AND CHEMICALS, INC.
3. AKZONOBEL N.V
4. BASF
5. CHEVRON PHILLIPS CHEMICAL
6. CLARIANT
7. CYTEC SOLVAY GROUP
8. E. I. DU PONT DE NEMOURS AND COMPANY
9. EXXON MOBIL
10. ORICA
11. HUNTSMAN CORPORATION
12. ASHLAND GLOBAL
13. KEMIRA OYJ
14. SOLENIS
15. ECOLAB
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