Mining Chemicals Market Size, Share, Trends, Demand, Growth, Challenges And Competitive Outlook

 The growing demands of minerals across various end-user industries include electronics, medical equipment, paints and coating and others. According to the World Bank Article Published in 2020, the production of minerals such as graphite, bauxite, cobalt and lithium will grow by 500% due to the growing demand for clean energy technologies. The coal industry is the key end-user as it is highly reliable for generating electricity. According to the records, around 19.3% of the electricity was generated from coal in 2020. The rising demands of minerals and increasing global mining activities are the factors boosting the market's growth over the forecasted period.Global mining chemicals market was valued at USD 10.20 billion in 2021 and is expected to reach USD 17.27 billion by 2029, registering a CAGR of 6.80% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.


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