Market revenue in 2021 | USD 1,501.2 million |
Market revenue in 2030 | USD 2,447.2 million |
Growth rate | 5.6% (CAGR from 2021 to 2030) |
Largest segment | Iron |
Fastest growing segment | Powder Gold |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Powder Gold, Iron, Copper, Phosphate |
Key market players worldwide | AECI Ltd, Basf SE, Ashland Inc, Dow Inc, Solvay SA, Arkema SA, Clariant AG, Kemira Oyj, Shell PLC, Quaker Houghton, Akzo Nobel NV, Solenis, Sasol Ltd |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining chemicals market will help companies and investors design strategic landscapes.
Iron was the largest segment with a revenue share of 18.65% in 2021. Horizon Databook has segmented the Europe mining chemicals market based on powder gold, iron, copper, phosphate covering the revenue growth of each sub-segment from 2018 to 2030.
Europe mining chemicals market is mature, technologically advanced, and innovative. The region has abundant mineral resources and therefore, mineral extraction plays a vital part in the economy. Increasing consumption of metals and minerals in Europe is anticipated to drive the demand for mining chemicals over the forecast period.
The increase in new mining activities is expected to further augment the market growth over the forecast period. The demand for flocculants for gold ore is expected to increase owing to the declining freshwater resources.
Furthermore, the Russian government has advised industries to reduce the emission of toxic chemicals by treating wastewater using flocculants. This is expected to drive the demand for flocculants in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mining chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mining chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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