Increasing Demand for Specialty Chemicals in Mining Process
Specialty chemicals are used in almost all the steps in the mining process. The mining industry has witnessed shifts in its production techniques, from tunneling to open pit mining, which has made it possible to mine ores of declining grades, and decrease the overall costs. In addition, specialty chemicals are also used in the later stages of production chain, like smelting, refining, manufacturing, and commodity trading.
Flotation Chemicals - the fastest-growing segment by function
Collectors dominated the flotation chemicals segment in 2017, while dispersants are expected to register the fastest growth through 2023. However, certain factors, such as logistics and transportation costs of flotation chemicals, and stringent regulatory policies, are expected to adversely affect the profitability margin of the players in the market.
Germany to Dominate the Market in the Region Through 2023
Every year, around 800 million metric ton of products are mined in Germany, out of which sand and gravel, crushed rock, and lignite constitute the main part. The number of gravel and sand mining sites in Germany amount to more than 2,200 quarries, with a total annually production of nearly 500Mt. The turnover of the industry was EUR 3.2 billion in 2014. The country also fares well when ranked for various minerals’ production. With increasing mining activity in the country, companies increasingly use mining chemicals to follow with the standards laid down by the European government, which will drive the market for mining chemicals in Germany through 2021.
Key Developments in the Market
- June 2017: BASF and Norilsk Nickel, a mining company, entered exclusive negotiations to cooperate on raw material supply for battery material production in Europe.
- April 2017: BASF planned to increase prices for flocculants, for the mining industry, worldwide.
- March 2017: Dow launched Sustainable Natural Solution to address mine-impacted water.
Reasons to Purchase this Report
- Current and future Europe mining chemical market outlook in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in excel).
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Growing demand for explosives and specialty chemicals
4.1.2 Increasing demand for eco-friendly and sustainable chemicals
4.1.3 Increasing mining activities
4.1.4 Increasing exploitation of low quality ores
4.2.1 Stringent environmental regulations
4.2.2 High logistics cost
4.3.1 Use in Exploration & analysis
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Function
5.1.1 Flotation Reagents
5.1.2 Extraction Chemicals
5.1.5 pH adjuster
5.1.6 Grinding Aids
5.2 By Application
5.2.1 Blasting & drilling
5.2.2 Mineral Processing
5.2.3 Water & waste treatment
6. Regional Market Analysis (Market Size, Growth & Forecast)
6.1.4 United Kingdom
6.1.7 Nordic Countries
6.1.8 Rest of Europe
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.5 Beijing Hengju
8.6 FMC Corp.
8.10 Dyno Nobel
8.12 Kemira Oyj
8.13 Nalco Company
8.14 Orica Limited
8.15 Qingdao Ruchang Trading
8.16 Quaker Chemicals
8.19 SNF Flomin
8.20 Nasaco International
8.23 Zinkan Enterprises Inc.
8.24 Wyo-Ben Inc.
8.25 Exxon Mobil
8.26 Celanese AG
**Subject to Availability on public Domain
- Beijing Hengju
- FMC Corp.
- Dyno Nobel
- Kemira Oyj
- Nalco Company
- Orica Limited
- Qingdao Ruchang Trading
- Quaker Chemicals
- SNF Flomin
- Nasaco International
- Zinkan Enterprises Inc.
- Wyo-Ben Inc.
- Exxon Mobil
- Celanese AG