Friday, August 10, 2018
Mining Chemicals Market forecast to 2025 detailed in new research report
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The
latest market report published by Credence Research, Inc. “Mining
Chemicals Market, By Product Type (Frothers, Flocculants,
Collectors, Solvent Extractants, Grinding Aids and Others), By Application
(Mineral Processing, Explosives & Drilling, Water & Wastewater
Treatment and Others) and By Region (North America, Europe, Asia Pacific,
Latin America and Middle East and Africa) - Growth, Future Prospects and
Competitive Analysis, 2017 - 2025,” the global mining chemicals
market was valued at US$ 23.09 Bn in 2016, and is expected to each US$ 40.40 Bn
by 2025, expanding at a CAGR of 6.9% from 2017 to 2025.
Browse the
full Mining Chemicals Market - Growth, Future Prospects and Competitive
Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/mining-chemicals-market
Market
Insights
The
global market for mining floating chemicals is gaining momentum with increasing
consumption of metals from various end use industries such as oil & gas and
construction among others. Moreover, increasing investment in mining projects
in emerging economies with high mineral reserves such as Asia Pacific, Latin
America and Middle East and Africa is propelling the market growth.
However,
logistics plays a vital role in the prices of floating mining chemicals and
accounts for over 20% of the overall cost, especially for overseas shipments
(export). The suppliers have to frequently evaluate all possibilities of
transportation that not only offers the best economy of scale but also deliver
products meeting the customer’s requirements. Moreover, environmental
regulations are becoming more stringent pertaining to water contamination.
The
industry is looking to the manufacturers to develop chemicals that can meet the
customers’ needs in treating difficult minerals and at the same time allow them
to address the environments and resources challenges.
Competitive
Insights
Profit
margins are very tight in the mining chemical market therefore, over the years
various multinationals has stopped serving the market. Only handful suppliers
offer the entire range of mining chemicals. The market is highly fragmented
with presence of various players which led to high competition in the market.
The competition in the market is projected to further intensify owing to growth
of the market, entry of the private labels and increased mergers and
acquisitions activities by multinationals among others.
Key
Trends
-
Emerging economies with high mineral reserves offers huge growth potential
-
Lower Mineral Concentration and Increased Complexity of Ores
-
Increasing Importance of Water Management Activities
Why buy this report?
1. The report identifies and addresses key markets for Mining Chemicals market, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market
and provide insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their
competitors better and will help in making strategic decisions.
Request Sample: https://www.credenceresearch.com/sample-request/58593
Browse the
full Mining Chemicals Market - Growth, Future Prospects and Competitive
Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/mining-chemicals-market
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