North America Mining Chemicals Market Size & Outlook
North America mining chemicals market, 2018-2030 (US$M)
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North America mining chemicals market highlights
- An overview of the North America mining chemicals market trends heading towards 2030. The North America market generated a revenue of USD 1,980.0 million in 2021.
- The overall growth of the North America market from 2021 to 2030. The market is expected to grow at a CAGR of 6.5% from 2022 to 2030.
- A look at the North America 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 North America market per country. Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 1,980.0 million |
| Market revenue in 2030 | USD 3,484.7 million |
| Growth rate | 6.5% (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, North America region accounted for 19.5% 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.
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Mining Chemicals Market Scope
Mining Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 18.27% in 2021. Horizon Databook has segmented the North America mining chemicals market based on powder gold, iron, copper, phosphate covering the revenue growth of each sub-segment from 2018 to 2030.
North America mining chemicals market is growing significantly owing to the increasing mining activities in the region. High production of minerals to meet the growing demand is likely to fuel the utilization of mining chemicals.
Moreover, increase in the prices of commodities such as iron, gold, copper, favorable government norms, and availability of vast reserves in the region are expected to propel the demand for mining chemicals.
Minerals are recovered by grinding the ore, which consumes a large amount of energy. Mining chemicals help reduce energy consumption by increasing grinding efficiency. Gold ore is one of the majorly used ores for mining activities in North America due to the availability of raw materials.
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Target buyers of North America mining chemicals market databook
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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 North America mining chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into North America mining chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America mining chemicals market size, by country, 2018-2030 (US$M)
North America Mining Chemicals Market Outlook Share, 2021 & 2030 (US$M)
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