Target Audience of Mining Chemicals Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Mining Chemicals Market Report provides key statistics on the market status of the Mining Chemicals Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
The Asia Pacific mining chemical market was estimated to be USD 1,549.65 million in 2017. The market is expected to register a CAGR of 4.72 % during 2018 to 2023 (the forecast period). China is expected to lead the market, followed by India. By the function segment, floatation chemicals are expected to possess high share in the market.
Increasing Demand for Specialty Chemicals in Mining Process
Specialty chemicals are used in almost all the steps in the mining process. The mining industry has witnessed shifts in its production techniques, from tunneling to open pit mining, which has made it possible to mine ores of declining grades, and decrease the overall costs. In addition, specialty chemicals are also used in the later stages of production chain, like smelting, refining, manufacturing, and commodity trading.
Flotation Chemicals – the fastest-growing segment by function
Collectors dominated the flotation chemicals segment in 2017, while dispersants are expected to register the fastest growth through 2023. However, certain factors, such as logistics and transportation costs of flotation chemicals and stringent regulatory policies, are expected to adversely affect the profitability margins of the players in the market.
China to Dominate the Market in the Region through 2023
China holds the majority share of the Asia-Pacific mining chemical industry. The Chinese mining industry has more than 10,000 mines, the majority share is held by the state. It is world’s largest producer of gold, coal, and other earth minerals. Moreover, it is also a leading consumer of mining products. In addition to the existing wastewater treatment plants, there are ongoing advances, such as expansion of existing wastewater sewage treatment plants and establishment of new sewage treatment plants. Mining chemicals are largely used in the mining industry for recovering minerals from the slurry, separation of impurities, purification of certain minerals, and many other applications.
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Major companies covered in this Report:
- Beijing Hengju
- FMC Corp.
- Dyno Nobel
- Kemira Oyj
- Nalco Company
- Orica Limited
- Qingdao Ruchang Trading
- Quaker Chemicals
- SNF Flomin
- Nasaco International
- Exxon Mobil
- Celanese AG
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This Mining Chemicals market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Mining Chemicals market.