Mining Chemicals Market Share, Trend, Forecast, & Competitive Analysis: 2023-2028
The global mining chemicals market is estimated to grow from USD 10.95 billion in 2022 to USD 16.07 billion by 2028 at a CAGR of 6.5% during the forecast period. Mining chemicals are specialized chemical compounds and reagents used in various stages of the mining process to extract minerals and metals from ores. These chemicals play a crucial role in enhancing the efficiency and effectiveness of mining operations. Mining chemicals are typically used in both underground and surface mining activities.