Global Mining Chemicals Market to Reach $16.5 billion by 2030 - Industry Experts, Inc. Market Research

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Industry Experts, Inc., released its latest version of the report on Mining Chemicals Market. According to this new global market research report, demand for mining chemicals is estimated at US$11.8 billion in 2024 and projected to reach US$16.5 billion by 2030 at a 2024-2030 CAGR of 5.8%.

Some of the factors instrumental in driving demand for Mining Chemicals include growing demand for metals & minerals, expansion of mining activities, especially in emerging economies, technological innovations in mining techniques, such as hydrometallurgy and bioleaching, environmental regulations & sustainability initiatives, fluctuations in commodity prices, urbanization & infrastructure development and energy transition & a shift to electric vehicles.

With an estimated 2024 share of 23.6%, Grinding Aids form the largest category within the overall Mining Chemicals market. These chemicals primarily find application in enhancing the efficiency of the grinding process in mineral processing by reducing energy consumption and improving the release of valuable minerals from ores. In general, Grinding Aids comprise organic chemicals, such as polyols, amines or glycols (e.g., triethanolamine or ethylene glycol), which function by altering the surface properties of particles. This results in minimizing friction and enhancing mill throughput.

The report studies the Mining Chemicals market across all major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, United Kingdom and Rest of Europe), Asia-Pacific (Australia, China, India and Rest of Asia-Pacific), South America (Argentina, Brazil, Chile, Peru and Rest of South America) and Middle East & Africa (South Africa and Rest of Middle East & Africa).

The market for major types of Mining Chemicals analyzed in this report include Collectors, Depressants, Dilutants, Flocculants, Frothers, Grinding Aids and Solvent Extractants, among
Other Product Types (Incl. Antiscalants, Biocides, Coatings, Defoamers, Dust Suppressants, Lubricants & Modifiers). The study also examines the market size for Mining Chemicals by mineral type, comprising Base Metals, Non-Metallic Minerals, Precious Metals and Rare Earth Metals. The applications where Mining Chemicals are used as analyzed in this report include Explosives & Drilling, Mineral Processing and Water & Wastewater Treatment, among Other Applications (Incl. Mine Haul Roads, Exploration & Analysis).

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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