Industry Experts has today introduced the new market research report on mining chemicals. The new report ‘Mining Chemicals – A Global Market Overview’ reveals that Asia-Pacific is estimated the largest market with US$7.8 billion in 2015 and also expected to be the fastest growing market with a robust CAGR of 7.6% during 2014-2020 while Latin America closely follows with a CAGR of 7% for the same period.
Worldwide market for mining chemical types explored in this study includes Collectors, Flocculants, Flotation Chemicals/Frothers, Grinding Aids, Solvent Extractants and Others. The report also discusses the application areas of mining chemicals comprising Explosives & Drilling, Mineral Processing, Water & Wastewater Treatment and Other Applications. The global markets for the above mentioned chemicals types and application areas are analyzed in terms of USD. Global market for mining chemicals, estimated at US$21.8 billion in 2015, forecast at US$23.2 billion in 2016 and further expected to maintain a CAGR of 6.6% between 2014 and 2020 to reach a projected US$30.1 billion by 2020.
The report reviews, analyses and projects the mining chemicals market for the period 2010-2020 globally and the regional markets including North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The regional markets further analyzed for 14 independent countries across North America – The United States, Canada and Mexico; Europe – Germany, Spain, Russia and Ukraine; Asia-Pacific – Australia, China and India; Latin America – Argentina,Brazil and Chile; and Middle East & Africa – South Africa.