Posted in | News | Mining Business

Research Report on Global Mining Chemicals Market 2018-2022

Aug 16 2018

The "Global Mining Chemicals Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global mining chemicals market to grow at a CAGR of 6.54% during the period 2018-2022.

Global Mining Chemicals Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market.

Mining chemicals are specialized chemicals that help improve the efficacy and productivity of mining processes. The different types of mining chemicals include grinding aids, frothers, collectors, flocculants, corrosion inhibitors, surfactants, chelants, dewatering aids, scale inhibitors, pH modifiers, dispersants, solvent extractants, and others.

One trend in the market is rise in demand for high-purity minerals. The increasing demand for high-purity minerals estimated to be one of the key factors that will augment the market growth during the forecast period. Mining chemicals are used in the mining industry to extract high-purity minerals and metals from their ores.

According to the report, one driver in the market is increased production of mining raw materials. The increasing mining activities worldwide are driving the demand for mining chemicals. Minerals and metals are extensively used by different end-use industries such as electronics, electrical, and chemical processing industries.

Further, the report states that one challenge in the market is high initial investments in R&D. Manufacturers need to invest heavily in the production of mining chemicals and specialty mining products. The decrease in the interest of investors in the mining industry due to factors such as reforms in the financial sector hindering the growth of the real estate sector have affected the profit margins of manufacturers.

Key vendors