Mining is the process of extraction of minerals from the earth and it is used to recover ores that include coal, metals, gemstones, chalk, rock salt, potash, gravel, dimension stone, oil shale, clay and limestone. Mining is majorly used for the extraction of non- renewable resources such as natural gas, water and petroleum. The market is valued at USD XX billion in 2017 and is projected to USD XX billion by 2024 at a CAGR of XX%.
Europe mining chemicals market share:
After APAC, Europe holds the largest market share in the market with Germany holding the largest share. Explosive and drilling holds the fastest growing segment of the market and continues to be during the forecast.
Europe mining chemicals market size:
Europe contributes to the largest share in the market especially Germany due to increase in mining activities that drive the explosive and drilling activities.
Europe mining chemicals market growth:
The mining chemicals market is growing rapidly due to increasing mining activities demand for eco-friendly and sustainable chemicals, exploitation of low-quality ores and growing demand for explosives and speciality chemicals are the major factors for market growth.
Europe mining chemicals market industry analysis:
The market is segmented into function and application. On the basis of function, it is segmented into lubricants, PH adjusters, Grinding aids, Thickness, Extraction chemicals, Flotation reagents. Based on application market is segmented into mineral processing, water and waste treatment and blasting and drilling.
Europe mining chemicals market outlook:
APAC and Europe are having the greater outlook in the market and continues in the forecast Due to increasing demand for explosive and speciality chemicals, eco-friendly sustainable chemicals and increase in mining activities.
Europe mining chemicals market Trends:
Akucell is a product manufactured by AkzoNobel that is used as a thickener and stabiliser for fat uptake and superfluous flocculants and coagulants by Kemira that were used for the mining purposes.
AkzoNobel announced the acquisition of UK-based Flexcrete technologies and signed an agreement to acquire Disa technologies a French manufacturer.
Europe mining chemicals market Research report includes:
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Starting from $2700
Starting from $2700
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