Mining Chemicals Market Scope And Analysis

Report Code : TIPRE00004511
Category : Chemicals and Materials

Status : Published
No. of Pages : 235

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Mining Chemicals Market Analysis, Size, and Growth (2023-2030)

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Mining Chemicals Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 10.6 Billion
Market Size by 2030	US$ 15.22 Billion
Global CAGR (2022 - 2030)	4.6%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Type Flotation Chemicals By Solvent Extractants, Grinding Aids) By Mineral Type Base Metals Non-Metallic Minerals Precious Metals By Application Mineral Processing Wastewater Treatment
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Orica Ltd Kemira Oyj BASF SE Clariant AG Dow Inc AECI Ltd Nouryon Chemicals Holding BV Betachem Pty Ltd Solvay SA

COVID-19 Pandemic Impact:

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemicals & materials industry. The shutdown of manufacturing units of companies disturbed global supply chains, manufacturing activities, and delivery schedules. Various companies reported delays in product deliveries and a slump in their product sales in 2020. The negative impact of the pandemic on the growth of the mining industry reduced the demand for mining chemicals. Mining projects and mineral exploration activities were halted and delayed due to the pandemic initially, hindering the market for mining chemicals. During the pandemic, supply chain disruptions, raw material and labor shortages, and operational difficulties created demand and supply gaps, adversely affecting the market growth.

Various industries are coming on track after supply constraints affecting these industries are resolving gradually. Moreover, the rising demand for mining chemicals is substantially promoting the growth of the mining chemicals market.

Competitive Landscape and Key Companies:

Orica Ltd, Kemira Oyj, BASF SE, Clariant AG, Dow Inc, AECI Ltd, Nouryon Chemicals Holding BV, Betachem Pty Ltd, Solvay SA, and Arkema SA are among the players operating in the global mining chemicals market. Players operating in the global market focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, capacity expansion, partnerships, and collaborations to stay competitive in the market.