Specialty Mining Chemicals Market Expected to Grow $4.3 Billion by 2019

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The global specialty mining chemicals market is projected to grow at a CAGR of 4.8% to reach $4.3 billion by 2019. http://www.marketsandmarkets.com/Market-Reports/specialty-mining-chemical-market-205253671.html

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Key Players - Cytec Industries, AkzoNobel, BASF SE, Orica, Clariant AG, Cytec Industries Inc

The report Specialty Mining Chemicals Market defines and segments the global specialty mining chemicals market with analysis and forecasting in terms of volume and value. The specialty mining chemicals market value expected to grow from an estimated $3.4 Billion in 2014 to $4.3 Billion by 2019, with a CAGR of 4.8% between 2014 and 2019.

Browse 74 market data tables and 47 figures spread through 174 pages and in-depth TOC on Specialty Mining Chemicals Market

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This report aims to estimate the global market and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global market. The research methodology of the report involved the utilization of various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers were interviewed to obtain and verify critical information as well as to assess the future prospects of the mining market.

Specialty mining chemicals based on their functionality can be categorized into grinding aids, flocculants, solvent extractants and flotation chemicals. Grinding aids represents the largest type in terms of volume consumed. The demand for grinding aids is high due to the high cost of grinding and the need to enhance its efficiency. Flotation chemicals have the second highest consumption. The decrease in mineral content of ores and their increased complexity have led to increased demand for specialty mining chemicals.

The specialty mining chemicals market has a large number of players. This includes both global and domestic players. The key market players are focused on expansion of their operations to emerging markets. The demand from these markets has led to the increased expansion activities in these markets. The demand for specialty mining chemicals in emerging markets such as China, India and Brazil can be attributed to the growth of the mining sector in these countries.

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The research methodology of the report involved the utilization of various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources – experts from related industries and suppliers were interviewed to obtain and verify critical information as well as to assess the future prospects of the mining market.

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