Product Code: 978-1-68038-329-4
Mining Chemicals Market Growth & Trends:
The global mining chemicals market size is expected to reach USD 17.54 billion by 2030 and expanding at a CAGR of 6.4% from 2024 to 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by factors such as rising demand for minerals, increasing quarrying activities, and water treatment.
The penetration of the product in explosives & drilling applications is considerable due to an increase in mining activities across the globe. Africa has an abundance of natural resources such as gold, diamond, phosphate, copper, iron ore, and many others. Explosives and drilling processes are used to extract minerals from deep earth. The increase in mining activities is likely to boost the growth of the product globally over the forecast period.
The rising demand for different minerals, especially gold, across regions has resulted in a hike in mining activities, which is likely to boost the product over the forecast period. The demand for gold is increasing every year in India, China, the U.S., Saudi Arabia, the UAE, Turkey, Russia, and Egypt, which are its leading consumers. Gold is majorly used for manufacturing jewelry. As of 2020, India and China together account for 57% of the total consumption of gold globally.
Increasing foreign investments in emerging countries of Asia Pacific, including India and China, have contributed to the growth of the mining chemicals in the region. India has an abundance of natural reserves of coal, bauxite, titanium, diamond, and limestone. The growing quarrying and mineral processing activities in the country are projected to promote the utilization of mining chemicals in the region over the forecast period.
Key manufacturers in the industry are focused on expanding the production of their major product portfolios, including high-grade mining chemicals, to gain higher shares. The invention of new technological advancements in chemical mining has led to the development of environmentally friendly products by admiring of sustainable manufacturing processes for production. Arkema, Sasol, and BASE SE are some of the players in the industry that supply raw materials for the production of sustainable products.
Mining Chemicals Market Report Highlights:
- The Asia Pacific region witnessed the fastest growth rate of 7.0% in terms of revenue from 2024 to 2030. This is attributable to the increasing mining activities in major economies such as India and China
- Based on ore type, Iron ore is expected to grow at a faster growth rate of 6.8% in terms of revenue from 2024 to 2030. The demand for high-grade iron ore is expected to rise over the forecast period due to increasing demand for iron with fewer impurities from the steel industry.
- Gold ore is expected to witness a substantial growth rate of 6.4% after iron ore in terms of revenue from 2024 to 2030, owing to its utilization in different applications, including medicine, water treatment, printing paper, and making colors for painting.
- In terms of application, the explosives & drilling segment accounted for the largest share of 35.6% of the total market volume in 2023. This high share is attributable to the growing demand for minerals and metal leads, as explosives & drilling are majorly used in opencast mining operations.
- Compliance with the regulations is a major concern for the industry players. Sustainable production and distribution of products are achieved by following the required norms. For instance, the European Commission and EPA are key authorities governing the regulations for the European region, which are binding for every manufacturer in the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Mining Chemicals Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Materials Trend
- 3.2.2. Manufacturing/ Technology Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Vendor Landscape
- 3.3.1. List of Raw Material Suppliers
- 3.3.2. List of Distributors/Channel Partners
- 3.3.3. List of Potential End-Users
- 3.4. Regulatory/Policy Framework
- 3.5. Price Trend Analysis, 2018-2030 (USD/Kg)
- 3.5.1. Factors Influencing Prices
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Industry Challenges
- 3.6.4. Industry Opportunities
- 3.7. Industry Analysis Tools
- 3.7.1. Porter's Five Forces Analysis
- 3.7.2. Macro-environmental Analysis
Chapter 4. Mining Chemicals Market: Ore Type Estimates & Trend Analysis
- 4.1. Ore Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Mining Chemicals Market Estimates & Forecast, By Ore Type, 2018 to 2030 (Kilotons) (USD Million)
- 4.3. Gold Ore
- 4.3.1. Gold Ore Mining Chemicals Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Iron
- 4.4.1. Iron Mining Chemicals Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5. Copper
- 4.5.1. Copper Mining Chemicals Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6. Phosphate
- 4.6.1. Phosphate Mining Chemicals Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.7. Others
- 4.7.1. Others Mining Chemicals Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Mining Chemicals Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Mining Chemicals Market Estimates & Forecast, By Application, 2018 to 2030 (Kilotons) (USD Million)
- 5.3. Mineral Processing
- 5.3.1. Mining Chemicals Market Estimates and Forecasts, in Mineral Processing, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Explosives & Drilling
- 5.4.1. Mining Chemicals Market Estimates and Forecasts, in Explosives & Drilling, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Water & Wastewater treatment
- 5.5.1. Mining Chemicals Market Estimates and Forecasts, in Water & Wastewater treatment, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Other Applications
- 5.6.1. Mining Chemicals Market Estimates and Forecasts, in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Mining Chemicals Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Mining Chemicals Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe Mining Chemicals Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5. Russia
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Russia Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6. Italy
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Italy Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7. Spain
- 6.3.7.1. Key country dynamics
- 6.3.7.2. Spain Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Mining Chemicals Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. India
- 6.4.3.1. Key country dynamics
- 6.4.3.2. India Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Key country dynamics
- 6.4.4.2. Japan Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Mining Chemicals Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Key country dynamics
- 6.5.3.2. Argentina Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.4. Peru
- 6.5.4.1. Key country dynamics
- 6.5.4.2. Peru Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.5. Chile
- 6.5.5.1. Key country dynamics
- 6.5.5.2. Chile Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.6. Columbia
- 6.5.6.1. Key country dynamics
- 6.5.6.2. Columbia Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Mining Chemicals Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.2.2. Saudi Arabia Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3. South Africa
- 6.6.3.1. Key country dynamics
- 6.6.3.2. South Africa Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4. Ghana
- 6.6.4.1. Key country dynamics
- 6.6.4.2. Ghana Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.5. Morocco
- 6.6.5.1. Key country dynamics
- 6.6.5.2. Morocco Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.6. DRC
- 6.6.6.1. Key country dynamics
- 6.6.6.2. DRC Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.7. Zambia
- 6.6.7.1. Key country dynamics
- 6.6.7.2. Zambia Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.8. Zimbabwe
- 6.6.8.1. Key country dynamics
- 6.6.8.2. Zimbabwe Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.9. Tanzania
- 6.6.9.1. Key country dynamics
- 6.6.9.2. Tanzania Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.10. Mali
- 6.6.10.1. Key country dynamics
- 6.6.10.2. Mali Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.11. Ivory Coast
- 6.6.11.1. Key country dynamics
- 6.6.11.2. Ivory Coast Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.12. Sudan
- 6.6.12.1. Key country dynamics
- 6.6.12.2. Sudan Mining Chemicals Market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Mining Chemicals Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share/Position Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.6. Company Profiles
- 7.6.1. AECI Mining Chemicals
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. BASF SE
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Ashland
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. Dow
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Kimleigh Chemicals SA (Pty) Ltd (PTY) LTD
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. Cytec Solvay Group
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. Arkema
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Clariant
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. Nowata
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments
- 7.6.10. Kemira
- 7.6.10.1. Participant's overview
- 7.6.10.2. Financial performance
- 7.6.10.3. Product benchmarking
- 7.6.10.4. Recent developments
- 7.6.11. Shell Chemicals
- 7.6.11.1. Participant's overview
- 7.6.11.2. Financial performance
- 7.6.11.3. Product benchmarking
- 7.6.11.4. Recent developments
- 7.6.12. Quaker Chemical Corporation
- 7.6.12.1. Participant's overview
- 7.6.12.2. Financial performance
- 7.6.12.3. Product benchmarking
- 7.6.12.4. Recent developments
- 7.6.13. Akzo Nobel N.V.
- 7.6.13.1. Participant's overview
- 7.6.13.2. Financial performance
- 7.6.13.3. Product benchmarking
- 7.6.13.4. Recent developments
- 7.6.14. Solenis
- 7.6.14.1. Participant's overview
- 7.6.14.2. Financial performance
- 7.6.14.3. Product benchmarking
- 7.6.14.4. Recent developments
- 7.6.15. Sasol
- 7.6.15.1. Participant's overview
- 7.6.15.2. Financial performance
- 7.6.15.3. Product benchmarking
- 7.6.15.4. Recent developments