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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