Increasing Mining Activities in Canada and Mexico
Mining chemicals play a major role in the processing of mineral ores. The consumption of base metals (like iron, steel, aluminum, etc.) and precious metals (such as silver, gold, and platinum) has increased steadily, owing to their various applications in many industries. With the increase in the consumption of these metals, mining activities for these metals have surged globally, especially in Canada and Mexico. In the metal mining processes, mining chemicals are required at the stage of processing the respective ores. The investments in the mining industry been rising in Canada and Mexico, which is further expected to simultaneously increase the demand for mining chemicals in the coming years.
Floatation Chemical – The Leading Function Segment
Among the function-based segments, the flotation chemical segment holds the largest share, contributing more than 45% by revenue in 2017. Chemicals used for processing ores into minerals are termed as mining flotation reagents. They are broadly classified into collectors, frothers, dispersants, depressants, and flocculants. The collectors segment held the majority of market share in 2017. Xanthates are the most-preferred type of collectors for mineral processing. Technological advancements in mineral processing and the growing demand for pure forms of minerals have reshaped the dynamics of the global mining flotation reagents market.
Asia-Pacific to Dominate the Market
Asia-Pacific dominates the demand for mining chemicals market and is also expected to register the highest growth during the forecast period. In the region, China serves as the largest market for mining chemicals. China is the largest producer of various minerals, along with coal and gold. Additionally, it is the largest consumer of such mining products. Besides this, Chinese manufacturers export large volumes of mining chemicals to neighboring countries. Owing to such factors and being one of the major markets for mining chemicals, the country is expected to witness substantial growth in the demand for mining chemicals during the forecast period.
The major players include – Clariant AG, Chevron Phillips Chemicals Pvt. Ltd., Cytec Solvay Group, AECI, and BASF SE, among others
North America, South America, Asia-Pacific, Europe and Middle East & Africa
Clariant AG, Chevron Phillips Chemicals Pvt. Ltd., Cytec Solvay Group, AECI, BASF SE, etc. among others.
Report offers latest trends, growth prospects, industry competitiveness, major players, value chain, regional and country market analysis, and forecast to 2023
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Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The function that is expected to dominate the market
The region that is expected to witness the fastest growth during the forecast period
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1.1 Scope of the Report
1.2 Study Assumptions
1.3 Study Deliverables
1.4 Research Phases
2. Executive Summary
3. Market Insight
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Model
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Regulatory Policy Analysis
4. Market Dynamics
4.1.1 Increasing Mining Activities in Canada and Mexico
4.1.2 Increasing Demand of Specialty Chemicals in Mining Processes
4.2.1 Stringent Environmental Regulations
4.2.2 Other Restraints
4.3.1 Increasing Investments and New Mining Projects in Africa
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Function
5.1.1 Flotation Chemical
5.1.2 Extraction Chemical
5.1.3 Grinding Aid
5.2 By Application
5.2.1 Mineral Processing
5.2.2 Wastewater Treatment
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by the Leading Players
8. Company Profiles (Overview, Financials**, Product & Services, and Recent Developments)
8.1 3M Company
8.3 AkzoNobel N.V.
8.4 Arrmaz Custom Chemicals Inc.
8.5 Axis Home
8.6 BASF SE
8.7 Betachem (Pty) Ltd.
8.8 Chevron Phillips Chemicals Co. Ltd.
8.9 Clariant AG
8.10 CP Kelco
8.11 CTC Mining (Tennant Chemicals Company Limited)
8.12 Cytec Solvay Group
8.13 The Chemours Company
8.14 Ecolab (Nalco)
8.15 FMC Corporation (Cheminova)
8.16 Huntsman International LLC
8.17 Nasaco International LLC
8.18 Orica Ltd.
8.19 Qingdao Ruchang Mining Industry Co. Ltd.
8.20 Sasol Ltd.
8.21 SNF Flomin Inc.
8.22 Suez Water Technologies & Solutions
**subject to availability on public domain