Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- The global mining chemicals market is accounted for $20.82 billion in 2014 and estimated to grow $34.4 billion with a compound annual growth rate (CAGR) of 6.48% during the forecast period 2015-2022. Global mining chemicals market is projected to witness development on account of lessening ore quality, which has bound metal extraction companies to use flocculants, frothers, collectors, grinding aids and solvent extract ants. Application growth of metals in packaging and construction, oil & gas industries in fast growth economies has increased mining activities intended for extraction of copper, iron ore, zinc and silver. Consequently, major mining companies such as BHP Billiton have increased their funds in countries with high potential mineral reserves including Chile (Copper), Peru (Silver) and South Africa (Platinum).

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The global mining chemical market is segregated on application types, product and region. Depending on the Applications type the market is segmented into three types namely mineral Processing, explosives and drilling and water and waste water treatment. Based On product mining chemical market is divided into flotation collector Flocculants Solvent extract ants, frothers, scale inhibitors, Crystal growth Modifiers and De-foamers. Geography mining market is segmented into North America, Europe, Asia Pacific and Rest of the World (ROW).

The global mining chemicals market is set to increase, eventhough at varying growth Rates across different regions. North America and Europe will see slower advancement (with a CAGR of 6.8% and 5.4%, respectively, through 2022) as compared to the Asia-Pacific region and the rest of the world (ROW),Which will see estimated CAGRs of 8.6% and 8.2%, respectively, through 2022.

Major players in the mining market include Air Product And chemicals, Akzonobel Arizona Chemical Co, Arrmazcustom Chemicals, Arrmaz Gulf Chemicals, Ashland INC, Austin Powder Co, Basf Se, Clariant AG, Cytec Industries INC.

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This study highlights current dynamics and developments in the Mining Chemicals market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Mining Chemicals market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Mining Chemicals market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Mining Chemicals market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Mining Chemicals market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Mining Chemicals market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Mining Chemicals market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Mining Chemicals market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Mining Chemicals market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Mining Chemicals market. Some of the factors are technological, political, social, and economic Mining Chemicals market factors. Various analytical tools such as Porter's Five Forces Analysis and Mining Chemicals market SWOT analysis are utilized to analyze the data of the Mining Chemicals market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Mining Chemicals market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Mining Chemicals market.