SAN FRANCISCO, August 11, 2016 /PRNewswire/ --
The global mining chemicals market is expected to reach USD 38.01 billion by 2024, according to a new report by Grand View Research, Inc. Positive mining industry outlook in India, China, Australia, Peru, and Chile is expected to drive the market over the forecast period. The presence of abundant raw materials including rare earth metals in China, Russia, Australia, Thailand, and the U.S. is expected to facilitate exploration activities, thus propelling demand for the product.
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Australia has the third largest rare earth metal reserves in the world. In Russia, companies have been investing increasingly in the development of new extraction techniques to recover uranium. These factors are likely to have a positive impact on growth. Decrease in ore quality of zinc, lead, copper, and nickel is expected to promote utilization of sophisticated technologies requiring frothers, flocculants, grinding aids, and solvent extractants.
Browse full research report with TOC on "Mining Chemicals Market Analysis By Product (Frothers, Flocculants, Collectors, Solvent Extractants, Grinding Aids), By Application (Mining Processing, Explosives & Drilling, Water & Wastewater Treatment) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/mining-chemicals-market
Further key findings from the report suggest:
Grand View Research has segmented the global mining chemicals market on the basis of product, application, and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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