The Europe mining chemicals market was estimated to be USD 471.59 million in 2017. The market is expected to register a CAGR of 1.81% during 2018 to 2023 (the forecast period). Germany is expected to lead the market, followed by the United Kingdom.
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 the overall costs. In addition, specialty chemicals are also used in the later stages of production chain, like smelting, refining, manufacturing, and commodity trading.
Collectors dominated the flotation chemicals segment in 2017, while dispersants are expected to register the fastest growth through 2023. However, certain factors, such as logistics and transportation costs of flotation chemicals, and stringent regulatory policies, are expected to adversely affect the profitability margin of the players in the market.
Every year, around 800 million metric ton of products are mined in Germany, out of which sand and gravel, crushed rock, and lignite constitute the main part. The number of gravel and sand mining sites in Germany amount to more than 2,200 quarries, with a total annually production of nearly 500Mt. The turnover of the industry was EUR 3.2 billion in 2014. The country also fares well when ranked for various minerals’ production. With increasing mining activity in the country, companies increasingly use mining chemicals to follow with the standards laid down by the European government, which will drive the market for mining chemicals in Germany through 2021.
Major Players: BASF SE, DowDuPont, Cytec Solvay Group, Clariant, Huntsman Corporation, and Kemira Oyj, amongst others.
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
4.1.1 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
4.2.1 Stringent environmental regulations
4.2.2 High logistics cost
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
5.1.2 Extraction Chemicals
5.1.5 pH adjuster
5.1.6 Grinding Aids
5.2 By Application
5.2.1 Blasting & drilling
5.2.2 Mineral Processing
5.2.3 Water & waste treatment
6. Regional Market Analysis (Market Size, Growth & Forecast)
6.1.4 United Kingdom
6.1.7 Nordic Countries
6.1.8 Rest of Europe
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.2 Akzo Nobel
8.4 BASF SE
8.5 Beijing Hengju
8.6 FMC Corp.
8.10 Dyno Nobel
8.12 Kemira Oyj
8.13 Nalco Company
8.14 Orica Limited
8.15 Qingdao Ruchang Trading
8.16 Quaker Chemicals
8.19 SNF Flomin
8.20 Nasaco International
8.23 Zinkan Enterprises Inc.
8.24 Wyo-Ben Inc.
8.25 Exxon Mobil
8.26 Celanese AG
*List not exhaustive
**Subject to Availability on public Domain