Increasing mining activities in various regions are likely to drive the market over the forecast period.
The Global Mining Chemicals Market size is projected to reach at USD 38.01 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.4% during the forecast period.
Raw material supply is a crucial part of the mining industry. Raw materials used in the production of mining chemicals are hazardous and are, therefore, delivered in ISO standard containers only. This results in an increase in the raw material prices, which in turn is expected to affect final product price.
Increase in demand for minerals with high purity is poised to be one of the key factors augmenting the market. Degradation of the quality of ore has boosted the reliance on effective and efficient methods. Solvent extraction technology is one of the key technologies used for effective and efficient extraction.
To Know More About Mining Chemicals Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/mining-chemicals-market
Regulations regarding recycling of wastewater are anticipated to increase waste water treatment activities across the globe. These regulations are compelling industries to decrease the water waste discharge, which is expected to increase the utilization of mining chemicals over the forecast period. The U.S. government has framed regulations such as National Environmental Policy Act and Clean Water Act to restrict the discharge of toxic substances in water and promotion of water treatment systems.
Top Players of Mining Chemicals Market:
Ashland Inc.; The Dow Chemical Company; Chevron Phillips Chemical Company LP; BASF SE; and ExxonMobil are the major players in the market.
Market Segmentation of Mining Chemicals Market:
The Global Mining Chemicals Market report on the basis of Product and Application.
By Product:
Frothers
Flocculants
Collectors
Solvent Extractants
Grinding Aids
By Application:
Mineral processing
Explosives & drilling
Water & wastewater treatment
Inquire About Mining Chemicals Market with Our Experts @ http://bit.ly/2IFSoSm
The Global Mining Chemicals Market size is projected to reach at USD 38.01 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.4% during the forecast period.
Raw material supply is a crucial part of the mining industry. Raw materials used in the production of mining chemicals are hazardous and are, therefore, delivered in ISO standard containers only. This results in an increase in the raw material prices, which in turn is expected to affect final product price.
Increase in demand for minerals with high purity is poised to be one of the key factors augmenting the market. Degradation of the quality of ore has boosted the reliance on effective and efficient methods. Solvent extraction technology is one of the key technologies used for effective and efficient extraction.
To Know More About Mining Chemicals Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/mining-chemicals-market
Regulations regarding recycling of wastewater are anticipated to increase waste water treatment activities across the globe. These regulations are compelling industries to decrease the water waste discharge, which is expected to increase the utilization of mining chemicals over the forecast period. The U.S. government has framed regulations such as National Environmental Policy Act and Clean Water Act to restrict the discharge of toxic substances in water and promotion of water treatment systems.
Top Players of Mining Chemicals Market:
Ashland Inc.; The Dow Chemical Company; Chevron Phillips Chemical Company LP; BASF SE; and ExxonMobil are the major players in the market.
Market Segmentation of Mining Chemicals Market:
The Global Mining Chemicals Market report on the basis of Product and Application.
By Product:
Frothers
Flocculants
Collectors
Solvent Extractants
Grinding Aids
By Application:
Mineral processing
Explosives & drilling
Water & wastewater treatment
Inquire About Mining Chemicals Market with Our Experts @ http://bit.ly/2IFSoSm
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