The
global mining chemicals market will grow at a CAGR of 6.6% between
the years 2013 and 2019. TMR, a market research company based in the
United States, states in its report that the global mining chemicals
market, valued at US$18,000.9 million in 2012, will report a market
value of US$28,130.8 million by 2019. The report titled ‘Mining
Chemicals Market”
In-depth
research report on Mining Chemicals Market with
Full TOC at :
http://www.transparencymarketresearch.com/mining-chemicals-market.html
According
to the TMR report, declining ore grades in several mines all across
the globe is a prominent factor impacting the global mining chemicals
market. On one hand, declining ore grade compels mining companies to
increase their respective activities pertaining to mineral processing
to ensure cost-effective mineral extraction, which consequently
drives the demand for mining chemicals. On the other hand, decreasing
grades of ores also have an adverse impact on profitability because
it entails greater investments into optimum mining techniques.
Consumption levels and economic development directly affect the
demand for minerals, since greater economic activity leads to a
simultaneous increase in the supply of minerals. Rising demand for
complex mining chemicals can also be attributed to the need for
maintaining the costs of mining.
The
research report segments the global mining chemicals market on the
basis of product type, scope of application, and geography. Based on
product type, the global mining chemicals market is classified into
grinding aids, frothers, solvent extractants, flocculants,
collectors, and others such as deformers and modifiers. Within the
product segment, the largest share in the global market for mining
chemicals is held by the grinding aids segment, with the collectors
segment holding the second-largest share. The various application
areas in the global mining chemicals market are water and wastewater
treatment, mineral processing, explosives and drilling, and others.
The other areas of application are analysis and exploration. The
global mining chemicals market is characterized by forward
integration at a moderate degree since only a handful of mining
chemicals manufacturers are involved in downstream activities.
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Geographically,
the research report segments the global mining chemicals market into
Asia Pacific, Europe, North America, and Rest of the World. In 2012,
the global mining chemicals market was dominated by Europe and Asia
Pacific. Regionally, the largest share was held by Asia Pacific in
the overall market for mining chemicals, with a share in consumption
that exceeded 50%. It is expected that the global mining chemicals
market will expand substantially in the forthcoming years because
several countries of MENA, Latin America, and Asia Pacific have
undertaken infrastructure development projects. BASF SE, Chevron
Phillips Chemical Company, Clariant AG, The Dow Chemical Company,
Cytec Industries, and SNF FloMin are the prominent companies in the
global mining chemicals market.
Browse
TMR Blog Energy Reports :
http://www.tmrblog.com/search/label/Energy
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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