市场调查报告书
商品编码
1575775
全球采矿化学品市场 - 2024-2031Global Mining Chemicals Market - 2024-2031 |
※ 本网页内容可能与最新版本有所差异。详细情况请与我们联繫。
概述
2023年,全球采矿化学品市场规模达到105.9亿美元,预计2031年将达到146亿美元,2024-2031年预测期间复合年增长率为4.1%。
采矿化学品是采矿业中使用的专用化学品,用于促进各种过程,例如从矿石中提取、分离和纯化有价值的矿物。这些化合物透过协助矿物浮选、溶剂萃取和浸出等程序,对于提高采矿活动的效率至关重要。采矿化学品产品在许多采矿场景中用作抑制剂。
全球采矿化学品市场是由采矿活动的增加(特别是在新兴经济体)以及建筑、汽车和电子等行业对矿物和金属的需求不断增长所推动的。例如,根据世界黄金协会的数据,2022年全球矿场总产量将接近200亿吨。亚太地区、北美和南美等地区是市场成长的重要贡献者。
增加全球钢铁和铝产量
全球钢铁和铝产量的成长正在推动对采矿化学品的需求,因为这些产业严重依赖透过采矿提取的原料。根据世界钢铁协会的数据,2023年,71个报告国的世界粗钢产量达到1.357亿吨,反映出对铁矿石和相关采矿活动的强劲需求。
同样,国际铝业协会报告称,到 2023 年底,铝产量达到 7059 万吨,较 2022 年增长 2.25%。 、加工和选矿。
技术进步
由于先进方法的发展,可以更有效地加工和提高有价值矿物的回收率,以及减少废物和提高采矿活动的可持续性,预计对采矿化学品的需求将会增加。
例如,在澳大利亚,联邦科学与工业研究组织 (CSIRO) 耗资 700 万美元开发了一个专门的钻孔岩心实验室,该实验室透过改进勘探和提取方法来推动采矿化学品领域的创新。
冗长的许可流程与环境问题
采矿化学品市场因许可证程序延长和监管障碍而受到严重阻碍。在美国等地,获得采矿许可证可能需要七到十年的漫长过程,从而导致专案延误,阻碍专案在预期时间内完成。延长的时间表为投资带来了模糊性,阻碍了采矿业务的成长,进而影响了对采矿化学品的需求。
此外,环境问题也导致多个地区的许可证被吊销,项目被取消。在塞尔维亚,由于针对环境危害的大规模示威活动,力拓撤销了经营锂矿的授权。这些行动不仅推迟了目前的项目,也阻碍了未来的采矿投资,进一步限制了采矿化学品的市场扩张。
Overview
Global Mining Chemicals Market reached US$ 10.59 billion in 2023 and is expected to reach US$ 14.60 billion by 2031, growing with a CAGR of 4.1 % during the forecast period 2024-2031.
Mining chemicals are specialized chemicals used in the mining industry to facilitate various processes such as the extraction, separation and purification of valuable minerals from ores. The compounds are essential for enhancing the effectiveness of mining activities by assisting in procedures like mineral flotation, solvent extraction and leaching. The Mining Chemicals Products are utilized in numerous mining scenarios as inhibitors.
The global mining chemicals market is driven by increasing mining activities, especially in emerging economies and the growing demand for minerals and metals in industries such as construction, automotive and electronics. For instance, according to the World Gold Council, the total global production volume of mines in 2022 amounted to nearly 20 billion metric tons. Regions like Asia-Pacific, North America and South America are significant contributors to market growth.
Increasing Global Steel and Aluminum Production
The growth in global steel and aluminum production is driving the demand for mining chemicals, as these industries rely heavily on raw materials extracted through mining. According to the World Steel Association, in 2023, world crude steel production for 71 reporting countries reached 135.7 million tonnes, reflecting strong demand for iron ore and related mining activities.
Similarly, the International Aluminum Institute reported that aluminum production reached 70.59 million metric tonnes by the end of 2023, marking a 2.25% increase from 2022. The surge in production highlights the need for continuous mining operations, which in turn boosts the demand for specialized chemicals used in mineral extraction, processing and beneficiation.
Technological Advancements
The need for mining chemicals is projected to increase due to the development of advanced methods that allow for more effective processing and higher recovery rates of valuable minerals, as well as a decrease in waste and an improvement in sustainability in mining activities.
For instance, in Australia, the development of a US$ 7 million specialized drill core lab by the Commonwealth Scientific and Industrial Research Organization (CSIRO), which is advancing innovation in the mining chemicals sector through enabling enhanced exploration and extraction methods.
Lengthy Permit Processes and Environmental Concerns
The mining chemicals market is significantly hindered by prolonged permit procedures and regulatory obstacles. In places such as US, acquiring mining permits can require a lengthy process of seven to ten years, leading to delays that impede project completion within desired timelines. The prolonged timeline creates ambiguity for investments and hinders the growth of mining operations, which in turn affects the need for mining chemicals.
Furthermore, environmental issues have resulted in permits being revoked and projects being called off in various areas. In Serbia, Rio Tinto's authorization to operate a lithium mine was withdrawn due to extensive demonstrations against environmental hazards. The actions not only postpone present projects but also hinder future investments in mining, further limiting market expansion for mining chemicals.
The global mining chemicals market is segmented based on product, mineral, application and region.
Growing Demand for Flocculants to Minimize Ecological Footprint
The mining industry's increasing focus on sustainability and environmental responsibility is driving the demand for flocculants. As more minerals are extracted, the industry faces significant challenges in managing the resulting wastewater and tailings. The rising use of water in mining operations exacerbates the production of waste streams, necessitating effective solutions for solid-liquid separation.
Flocculants play a crucial role in this process by binding and settling particles, enabling more efficient dewatering of waste streams. This not only reduces the environmental impact but also enhances the overall efficiency of mining operations. As regulatory pressures mount and the industry seeks to minimize its ecological footprint, the adoption of flocculants is expected to grow.
The chemicals are essential for meeting stringent environmental standards by improving waste management practices and reducing water usage in mining activities. With the global push towards sustainable mining practices, the demand for flocculants is likely to see continued growth, making them a vital component in the broader mining chemicals market.
Ambitious Targets and Infrastructure Investments in Europe Region
The Asia-Pacific region is experiencing significant growth in the mining chemicals market, driven by the region's dominant role in global mineral production. According to US Geological Survey's 2022 report, China supplied 25 non-fuel mineral commodities in 2021 and is a major producer of 16 critical minerals. The region heavily depends on mining chemicals to improve extraction, processing and beneficiation effectiveness, as demonstrated by its substantial mineral production.
Government-led efforts, for instance, Coal India's strategy to start working at five new mines and increase the size of 16 current ones, also drive up the need for mining chemicals, especially those utilized in coal extraction and processing. Major mining companies such as Mitsubishi Materials Corporation, Jiangxi Copper Co Ltd, Aluminum Corporation of China Ltd and BHP are based in the region.
The extensive mining and mineral production operations of these companies require advanced chemicals to facilitate different aspects of the mining process. With the ongoing industrialization in the region and increasing need for raw materials, the mining chemicals market is set for strong growth due to large mining operations and efforts to enhance productivity and sustainability.
The major global players in the market include 3M, AECI Mining, Clariant, Dow, Kimleigh Chemicals SA, Mining Chemicals South Africa, Nouryon, SNF Group, Solenis and Solvay.
Sustainability Analysis
The mining chemicals industry is experiencing a significant move towards sustainability, driven by advancements in green chemistry and higher regulatory demands. Businesses are creating eco-friendly mining chemicals to reduce the negative impacts of conventional products such as cyanide and mercury. For instance, BASF has launched Rheomax ETD, a range of mining chemicals made from sustainable sources that can break down naturally, effectively lessening the environmental effects of mining activities.
The market is now focusing on sustainable mining practices to minimize the environmental impact of operations. For example, Newmont Mining's water management system enables the recycling and reutilization of water, reducing freshwater usage by as much as 26%. Such activities are resulting in less use of dangerous chemicals and improved handling of waste. The increasing focus on sustainability by companies is projected to boost the market for environmentally-friendly mining chemicals, leading to a shift towards more sustainable solutions.
Russia-Ukraine War Impact
The mining chemicals market has been notably affected by the Russia-Ukraine conflict, mainly due to interruptions in mineral supply chains and heightened geopolitical insecurity. As Russia is one of the three leading exporters of diamonds, gold, precious metals (PGMs) and nickel, there is projected to be a significant impact on the mining company's distribution chain. It is also a leading supplier of merchant shipping and met coal, iron ore and aluminum to European markets.
Coal, iron ore and uranium supplies are all anticipated to be disrupted in Ukraine. The dispute has resulted in interruptions in the distribution of these vital minerals and chemicals, resulting in scarcities and fluctuations in prices within the market. Moreover, the conflict has increased the importance of businesses looking for different sources and pathways for mining chemicals, leading to changes in market dynamics and encouraging innovation.
The scenario led to a reassessment of worldwide supply chains and a heightened emphasis on obtaining more dependable and varied suppliers of mining chemicals. The continuous strife highlights the necessity of geopolitical stability for ensuring a reliable supply and cost efficiency of mining chemicals on a global scale.
Grinding Aids
Flocculants
Frothers
Collectors
Depressants
Others
Metallic
Non-Metallic
Mineral Processing
Explosives and Drilling
Water and Wastewater Treatment
Others
Region
North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Middle East and Africa
In July 2024, Solenis announced its strategic decision to improve its offerings in the mining chemicals sector through the acquisition of BASF's flocculants business, known for its focus on mining applications. The acquisition marks a notable growth for Solenis, allowing the firm to offer a complete solution to its clients in the mining and mineral processing industries.
In February 20224, Orica, a global leader in mining services, announced its acquisition of Cyanco, a prominent US-based manufacturer and distributor of sodium cyanide, for US$640 million. The strategic move aligns with Orica's broader growth strategy, extending its reach beyond traditional blasting services into the mining chemicals sector.
In May 2023, Nalco Water, a subsidiary of Ecolab, announced the acquisition of Flottec, a prominent provider of flotation products and services for the mineral processing industry. This strategic move aims to expand Nalco Water's portfolio of flotation solutions and strengthen its position in the mineral processing market.
To visualize the global mining chemicals market segmentation based on product, mineral, application and region.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of the mining chemicals market with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.
The global mining chemicals market report would provide approximately 62 tables, 55 figures and 220 pages.
Target Audience 2024
Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies