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Thursday, November 23, 2023

Global Mining Chemical Market is Anticipated to Grow at a CAGR of 6.5% during 2024 to 2030

The future of the global mining chemical market looks promising with opportunities in the mineral processing, explosive & drilling, and water treatment markets. The global mining chemical market is expected to reach an estimated $17.9 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are continual growth in mining activities and substantial usage of this chemical in mineral processing and wastewater treatment.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the mining chemical market by product type (solvent extractants, collectors, solvent extractants, grinding aids, and others), mineral type (base metals, non-metallic minerals, and rare earth metals), application (mineral processing, explosives and drilling, water treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, solvent extractant, collector, solvent extractant, and grinding aid are the major segments of mining chemical market by product type. Lucintel forecasts that solvent extractant is expected to witness the highest growth over the forecast period.Within this market, explosive & drilling is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

AECI Mining Chemicals, BASF SE, Ashland, Dow, and Kimleigh Chemicals SA are the major suppliers in the mining chemical market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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