Mining Chemicals Market Procurement Intelligence Report | Forecasts of Over USD 9 Billion Spend Growth in the Mining Chemicals Market
LONDON--(BUSINESS WIRE)--Dec 2, 2019--
SpendEdge has been monitoring the global mining chemicals market and the market is poised to experience spend growth of more than USD 9 billion between 2019-2024 at a CAGR of over 6% during the forecast period. Request Free Sample Pages.
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SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Mining Chemicals Market Procurement Intelligence Report. (Graphic: Business Wire)
Read the 125-page research report with TOC and LOE on “The Global Mining Chemicals Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”
The exponential increase in the demand for lithium-ion batteries will act as one of the prominent growth drivers in the global mining chemicals market. This increase in demand for lithium-ion batteries has increased the frequency of mining activities to extract lithium. Such an increase in the frequency of mining activities will bring a considerable amount of investments in the mining chemicals market during the forecast period.
In South America, the abundance of reserves of metals, such as copper, lithium, and gold, coupled with government support in the form of favorable legislation and regulatory frameworks will promote metal mining activities. This will accelerate spend growth in the mining chemicals market in South America. However, the growing stringency in environmental regulations and a decline in the domestic consumption of coal for energy production will restrict spend growth in this market in Europe.
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Insights into the market pricing trends
Insights into the supply market that will have potential impacts on your procurement strategy
Some of the top mining chemicals suppliers enlisted in this report
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INDUSTRY KEYWORD: CHEMICALS/PLASTICS NATURAL RESOURCES MANUFACTURING MINING/MINERALS
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PUB: 12/02/2019 01:00 PM/DISC: 12/02/2019 01:01 PM