Summary
APAC Mining Chemicals Market-Segmented by Type, Application, and Geography-Trends and Forecasts( 2017-2022). The Asia-Pacific holds the largest market share of the mining chemicals globally, with China holding the majority of the market share. The Asia-Pacific is also expected to be the fastest-growing market steered by the increasing mining activities in the region.
Description
The APAC Mining Chemicals Market was valued at USD XX. XX in 2016 and is projected to reach USD XX. XX billion by 2021, at a CAGR of XX. XX % during the forecast period from 2016 to 2021. The Asia- Pacific holds the largest market share of the mining chemicals globally, with China holding the majority of the market share. The Asia-Pacific is also expected to be the fastest-growing market steered by the increasing mining activities in the region.
Market Dynamics of the APAC Mining Chemicals Market: Drivers:
� Growing demand for explosives and specialty chemicals � Increasing demand for eco-friendly and sustainable chemicals � Increasing mining activities � Increasing exploitation of low quality ores.
Restraints:
� �
Stringent environmental regulations High logistics cost
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The APAC mining chemicals market is segmented on the basis of function( flotation reagents( collectors, depressants), extraction chemicals( diluents, extractants), thickeners( flocculants, coagulants), lubricants, pH adjusters, grinding aids, and others), on the basis of application( blasting & drilling, mineral processing, water & waste management, and others) and also on the basis of geography( China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Indonesia, Australia & New Zealand and the Rest of APAC).
The explosive and drilling segment holds the fastest growing market by application and is expected to be the fastest-growing segment during the forecast period. The increased demand for power is expected to increase the mining activities and, in turn, is expected to drive the explosives and drilling activities. The waste and water treatment segment has the largest market share, by application, and is expected to
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