Mining Chemicals Market Size Worth $15.57 Billion By 2028 – GlobeNewswire
March 11, 2022 05:51 ET | Source: Grand View Research Grand View Research
San Francisco, California, UNITED STATES
San Francisco, March 11, 2022 (GLOBE NEWSWIRE) — The global mining chemicals market size is estimated to reach USD 15.57 billion by 2028, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Factors, such as rising demand for minerals and increasing mining and water treatment activities, are likely to drive the demand for the product over the forecast period.
Key Insights & Findings from the report:
Request a free sample copy or view report summary, “Mining Chemicals Market Size, Share & Trends Analysis Report By Ore Type (Copper, Iron), By Application (Mineral Processing, Explosives & Drilling), By Region (Europe, APAC), And Segment Forecasts, 2021 – 2028”, published by Grand View Research.
Mining Chemicals Market Growth & Trends
The demand for mining activities across the globe is rising owing to increasing infrastructural developments and automotive production and growing demand for minerals. The mining market includes the sales of metals and minerals and other valuable materials, such as coal, stone, sand, and gravel, which are extracted from the earth’s crust.
The manufacturers in the market are focusing on adopting different strategies, such as expansions, joint ventures, acquisitions, new product launches, agreements, and partnerships, to obtain a high market share. Key stakeholders in the industry are inclined towards the development and innovation of novel products and consequently are planning significant investments for R&D activities.
Manufacturers have personal R&D centers dedicated to development purposes and are inclined towards forming alliances with various research organizations and institutes to achieve optimized results. Industry participants maintain strong relationships with international as well as local suppliers and distributors to maintain a consistent sales flow of products throughout the year.
Mining Chemicals Market Segmentation
Grand View Research has segmented the global mining chemicals market on the basis of ore type, application, and region:
Mining Chemicals Ore Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
Mining Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
Mining Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 – 2028)
List of Key Players of Mining Chemicals Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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