Middle East & Africa Mining Chemicals Market Size & Outlook
Middle East & Africa mining chemicals market, 2018-2030 (US$M)
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MEA mining chemicals market highlights
- An overview of the MEA mining chemicals market trends heading towards 2030. The MEA market generated a revenue of USD 978.4 million in 2021.
- The overall growth of the MEA market from 2021 to 2030. The market is expected to grow at a CAGR of 6.4% from 2022 to 2030.
- A look at the MEA market revenues per segment in 2021. In terms of segment, iron was the largest revenue generating ore type in 2021.
- The segment witnessing the fastest revenue growth within the market. Powder Gold is the most lucrative ore type segment registering the fastest growth during the forecast period.
- An overview of MEA market per country. Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 978.4 million |
| Market revenue in 2030 | USD 1,710.9 million |
| Growth rate | 6.4% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.6% of the global mining chemicals market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,972.0 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Mining Chemicals Market Scope
Mining Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa mining chemicals market outlook
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 18.51% in 2021. Horizon Databook has segmented the Middle East & Africa mining chemicals market based on powder gold, iron, copper, phosphate covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for mining chemicals in the Middle East & Africa is primarily driven by the growing mining operations such as exploration, extraction, and mineral processing in the region. Africa accounts for 30% of the global mineral reserves.
The region has large deposits of crude oil and increasing oil extraction activities are likely to drive the demand for mining chemicals in explosives & drilling application. Many countries in the Middle East and Africa have introduced new laws to encourage investments in mining sector.
The region is rich in minerals such as alumina, copper, iron ore, gold, lead, chromium, bauxite, coal, nickel, and diamond, which find huge demand in the global market owing to their applications in various end-use industries. These mineral reserves are expected to increase mining activities in the region, which, in turn, is likely to augment the demand for mining chemicals in the coming years.
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Our clientele includes a mix of mining chemicals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mining chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mining chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA mining chemicals market size, by country, 2018-2030 (US$M)
Middle East & Africa Mining Chemicals Market Outlook Share, 2021 & 2030 (US$M)
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