Materials & Chemicals Market Research News

South America's mining chemicals market trends and forecasts 2018-2023 just published

The South America mining chemical market was estimated to be USD 429.23 million in 2017. The market is expected to register a CAGR of 3.1% during 2018 to 2023 (the forecast period).


Brazil is to lead the market, due to the presence of rich reserves of important metals, such as bauxite (Aluminum), iron ore, niobium, and nickel. 

Increasing Demand for Specialty Chemicals in Mining Process

Specialty chemicals are used in almost all the steps in the mining process.

The mining industry has witnessed shifts in its production techniques, from tunneling to open pit mining, which has made it possible to mine ores of declining grades, and decrease overall costs. In addition, specialty chemicals are also used in the later stages of the production chain, like smelting, refining, manufacturing, and commodity trading.
Brazil dominates the region’s mining, whereas Chile, due to its copper mines, is one of the most significant producers of mined metals in the region.

Harmful Effect of Flotation Process in Mining Industry
Currently, flotation is a significant separation technique, with its applications varying from selective separation of minerals to microorganisms, and even ions. During and after the process, some amine compounds break down into nitrates and seep into the ground, to pollute groundwater.

Moreover, in smelters, there is a chance of leakage of toxic gases, and the presence of toxic metals in the released stream, which threaten the contamination of run-off sites.

Brazil to Dominate the Market in the Region through 2023

Brazil has rich reserves of important metals, such as bauxite (aluminum), iron ore, niobium, and nickel. Brazil is also a leading producer of precious metals, such as gold.

Mineral products and mining account for 2% of Brazil’s GDP. The increasing government initiatives to improve economic conditions in the country, primarily drive the Brazilian mining industry.

Furthermore, Brazil is also one of the leading steel producers of the world. The Brazilian steel industry uses the latest technologies in steel production.

Key Developments in the Market

June 2017: BASF and Norilsk Nickel, a mining company, entered exclusive negotiations, to cooperate on raw material supply for battery material production in Europe.

April 2017: BASF planned to increase prices for flocculants, for the mining industry, worldwide.

March 2017: Dow launched Sustainable Natural Solution, to address mine-impacted water.


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Reasons to Access this Report

Current and future South America mining chemical market outlook in the developed and emerging markets

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

The segment that is expected to dominate the market

Regions that are expected to witness fastest growth during the forecast period

Identify the latest developments, market shares and strategies employed by the major market players

3 months analyst support, along with the Market Estimate sheet (in excel)

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Companies Mentioned:

3M, AkzoNobel, Ashland, BASF, Beijing Hengju, FMC Corp., Clariant, Cytec, DUPONT, Dyno Nobel, Huntsman, Kemira Oyj, Nalco Company, Orica Limited, Qingdao Ruchang Trading, Quaker Chemicals, Sasol, SIKA, SNF Flomin, Nasaco International, ArrMaz, Fuchs, Zinkan Enterprises Inc., Wyo-Ben Inc., Exxon Mobil

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Some Points from Table of Content:

 1. Introduction

1.1 Research Phases

1.2 Study Deliverables

1.3 Scope of the Report

 2. Executive Summary

 3. Market Insights

3.1 Industry Value Chain Analysis

3.2 Industry Attractiveness - Porter’s Five Forces Analysis

3.2.1 Bargaining Power of Suppliers

3.2.2 Bargaining Power of Buyers

3.2.3 Threat of New Entrants

3.2.4 Threat of Substitute Products and Services

3.2.5 Degree of Competition

 4. Market Dynamics

4.1 Drivers

4.1.1 Growing demand for explosives and specialty chemicals

4.1.2 Increasing demand for eco-friendly and sustainable chemicals

4.1.3 Increasing mining activities

4.1.4 Increasing exploitation of low quality ores

4.2 Restraints

4.2.1 Stringent environmental regulations

4.2.2 High logistics cost

4.3 Opportunities

4.3.1 Use in Exploration & analysis

 5. Market Segmentation and Analysis (Market Size, Growth & Forecast)

5.1 By Function

5.1.1 Flotation Reagents Collectors Depressants

5.1.2 Extraction Chemicals Diluents 

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