Global Mining Chemicals Market to Exceed $10.5 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Mining Chemicals markets. The world market for mining chemicals is projected to exceed $10.5 billion by the year 2015. This is primarily driven by depleting ore qualities and increasing regulatory pressure to utilize environment friendly chemicals. Additionally, increasing surface mining, especially coal is driving the market for explosives.

Mining Chemicals: A Global Strategic Business Report

Mining chemicals play a key role in enhancing the productivity and efficiency of mining processes such as recovery and extraction of minerals and target materials from the ore. Mining chemicals include hydrocarbon collectors based on developmental and traditional sulfur, depressant chemistry, frothers, acid resistant coatings, proprietary extender oils and high purity solvent extraction diluents. Mining chemicals market also includes explosives, and explosive accessories such as detonators and fuses.

The economic downturn adversely affected demand for mining chemicals worldwide, with the US, and Europe bearing the brunt of the declines. Developing regions such as Asia-Pacific also witnessed slower growth in 2009. The rollover effects of the economic downturn are expected to continue in 2010, with market recovery expected from 2011 onwards.

Asia-Pacific and the United States dominate the world mining chemicals market, as stated by the new market research report on mining chemicals. Explosives & drilling application represents the largest and fastest growing market for mining chemicals worldwide. processing chemicals represents the second largest application for mining chemicals.

The report titled “Mining Chemicals: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including the United States, Europe, Asia-Pacific, South Africa and Rest of World by the following applications - Processing Chemicals, explosives & drilling, water & waste treatment, and Other applications.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Mining_Chemicals_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/

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