South & Central America Mining Chemicals Market Forecast to 2030

According to the Research Team’ research, the South & Central America mining chemicals market was valued at US$ 769.75 million in 2022 and is expected to reach US$ 1,043.63 million by 2030, registering a CAGR of 3.9% from 2022 to 2030. Growing demand for metals and minerals in high-end product manufacturing and rising exploration activities of rare earth metals are among the critical factors attributed to the South & Central America mining chemicals market expansion.

The demand for metals, rare earth elements, and minerals in manufacturing high-end products is driven by advancements in the automotive, aerospace, and electronics industries. The higher demand for metals prompts increased mining activity to extract and produce the required raw materials, ultimately leading to extensive use of mining chemicals to access ore deposits, eliminate impurities, and fragment rocks. In addition, with the growing demand for metals, mining companies increasingly focus on improving safety measures and operational efficiency. This includes advancing mining explosive technologies and formulations that can optimize blasting operations. Precious metals such as gold and platinum are sought for their properties such as conductivity in the electrical & electronics industry. In the automotive industry, sports and other high-end vehicles are manufactured using lightweight metals such as aluminum, titanium, and high-strength steel. The demand for aluminum has significantly increased in the past few years due to the rising production of lightweight materials for internal combustion engines and electric vehicles. According to the International Energy Agency, aluminum production grew strongly between 2020 and 2022, with an annual growth rate of 3%, irrespective of the COVID-19 pandemic.

Source: International Energy Agency

Minerals such as lithium and cobalt play a major role in manufacturing batteries for electric vehicles and advanced electronics. The growing demand for renewable energy technologies such as solar, wind, and electric systems is further increasing the need for metals such as copper, and other rare earth metals. Further, rising demand for lithium prompted automotive companies to explore the mining business in recent years. For instance, in May 2023, Tesla Inc announced its plan to enter the lithium mining business to meet the rising demand for lithium for the production of electric vehicles. Mining chemicals are used for ore extraction and processing, mineral processing, water treatment, dust control, environmental management, and safety operations. The growth of the high-end product manufacturing industries, such as automotive, drives the demand for metals, subsequently driving the South & Central America mining chemicals market.

On the contrary, stringent government regulations related to hazardous mining chemicals hamper the growth of South & Central America mining chemicals market.

In terms of type, the South & Central America mining chemicals market is segmented into flotation chemicals, solvent extractants, grinding aids, and others. The flotation chemicals segment held 59.3% share of the South & Central America mining chemicals market in 2022, amassing US$ 456.50 million. It is estimated to garner US$ 622.14 million by 2030 to expand at 3.9% CAGR during 2022-2030. The flotation chemicals segment is sub-segmented into frothers, flocculants, depressants, collectors, and others.

By mineral type, the South & Central America mining chemicals market is categorized into base metals, non-metallic minerals, precious metals, and others. The non-metallic minerals segment held 66.6% share of South & Central America mining chemicals market in 2022, amassing US$ 512.91 million. It is predicted to garner US$ 701.23 million by 2030 to expand at 4.0% CAGR during 2022-2030.

In terms of application, the South & Central America mining chemicals market is segmented into mineral processing, wastewater treatment, and others. The mineral processing segment held 67.1% share of the South & Central America mining chemicals market in 2022, amassing US$ 516.38 million. It is estimated to garner US$ 696.16 million by 2030 to expand at 3.8% CAGR during 2022-2030.

Based on country, the South & Central America mining chemicals market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil held 66.5% share of South & Central America mining chemicals market in 2022, amassing US$ 511.86 million. It is projected to garner US$ 712.70 million by 2030 to expand at 4.2% CAGR during 2022-2030.

Key players operating in the South & Central America mining chemicals market are Orica Ltd, Kemira Oyj, BASF SE, Clariant AG, Dow Inc, AECI Ltd, Nouryon Chemicals Holding BV, Solvay SA, and Arkema SA, among others.

2023: BASF SE mining solutions announced the launch of its two new product brands: Luprofroth, for growing frothers portfolio, and Luproset, tailored for flotation modifiers.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Mining Chemicals Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
5. South & Central America Mining Chemicals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Metals and Minerals in High-End Product Manufacturing
5.1.2 Increasing Investments and Operations in Global Mining Sector
5.2 Market Restraints
5.2.1 Stringent Government Regulations Related to Hazardous Mining Chemicals
5.3 Market Opportunities
5.3.1 Rising Exploration Activities of Rare Earth Metals
5.4 Future Trends
5.4.1 Development of Environment-Friendly Mining Chemical Solutions
5.5 Impact Analysis
6. Mining Chemicals Market – South & Central America Market Analysis
6.1 South & Central America Mining Chemicals Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Mining Chemicals Market Forecast and Analysis
7. South & Central America Mining Chemicals Market Analysis – Type
7.1 Flotation Chemicals
7.1.1 Overview
7.1.2 Flotation Chemicals Market Revenue and Forecast to 2030 (US$ Million)
7.1.2.1 Flotation Chemicals Market Volume and Forecast to 2030 (Kilo tons)
7.1.3 Frothers
7.1.3.1 Overview
7.1.3.2 Frothers Market Revenue and Forecast to 2030 (US$ Million)
7.1.3.3 Frothers Market Volume and Forecast to 2030 (Kilo tons)
7.1.4 Flocculants
7.1.4.1 Overview
7.1.4.2 Flocculants Market Revenue and Forecast to 2030 (US$ Million)
7.1.4.3 Flocculants Market Volume and Forecast to 2030 (Kilo tons)
7.1.5 Depressants
7.1.5.1 Overview
7.1.5.2 Depressants Market Revenue and Forecast to 2030 (US$ Million)
7.1.5.3 Depressants Market Volume and Forecast to 2030 (Kilo tons)
7.1.6 Collectors
7.1.6.1 Overview
7.1.6.2 Collectors Market Revenue and Forecast to 2030 (US$ Million)
7.1.6.3 Collectors Market Volume and Forecast to 2030 (Kilo tons)
7.1.7 Others
7.1.7.1 Overview
7.1.7.2 Others Market Volume and Forecast to 2030 (Kilo tons) (US$ Million)
7.1.7.3 Others Market Volume and Forecast to 2030 (Kilo tons)
7.2 Solvent Extractants
7.2.1 Overview
7.2.1.1 Solvent Extractants Market Revenue and Forecast to 2030 (US$ Million)
7.2.1.2 Solvent Extractants Market Volume and Forecast to 2030 (Kilo tons)
7.3 Grinding Aids
7.3.1 Overview
7.3.1.1 Grinding Aids Market Revenue and Forecast to 2030 (US$ Million)
7.3.1.2 Grinding Aids Market Volume and Forecast to 2030 (Kilo tons)
7.4 Others
7.4.1 Overview
7.4.1.1 Others Market Revenue and Forecast to 2030 (US$ Million)
7.4.1.2 Others Market Volume and Forecast to 2030 (Kilo tons)
8. South & Central America Mining Chemicals Market Analysis – Mineral Type
8.1 Base Metals
8.1.1 Overview
8.1.1.1 Base Metals Market Revenue and Forecast to 2030 (US$ Million)
8.2 Non-Metallic Minerals
8.2.1 Overview
8.2.1.1 Non-metallic minerals Market Revenue and Forecast to 2030 (US$ Million)
8.3 Precious Metals
8.3.1 Overview
8.3.1.1 Precious Metals Market Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.1.1 Others Market Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Mining Chemicals Market Analysis – Application
9.1 Mineral Processing
9.1.1 Overview
9.1.1.1 Mineral Processing Market Revenue and Forecast to 2030 (US$ Million)
9.2 Wastewater Treatment
9.2.1 Overview
9.2.1.1 Wastewater Treatment Market Revenue and Forecast to 2030 (US$ Million)
9.3 Others
9.3.1 Overview
9.3.1.1 Others Market Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Mining Chemicals Market – Country Analysis
10.1 South & Central America Mining Chemicals Market Revenue and Forecasts and Analysis – By Countries
10.1.1 Mining Chemicals market Breakdown by Country
10.1.2 Brazil Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
10.1.3 Brazil Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
10.1.3.1 Brazil Mining Chemicals Market Breakdown by Type
10.1.3.2 Brazil Mining Chemicals Market Breakdown by Type
10.1.3.3 Brazil Mining Chemicals Market Breakdown by Mineral Type
10.1.3.4 Brazil Mining Chemicals Market Breakdown by Application
10.1.4 Argentina Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
10.1.5 Argentina Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
10.1.5.1 Argentina Mining Chemicals Market Breakdown by Type
10.1.5.2 Argentina Mining Chemicals Market Breakdown by Type
10.1.5.3 Argentina Mining Chemicals Market Breakdown by Mineral Type
10.1.5.4 Argentina Mining Chemicals Market Breakdown by Application
10.1.6 Rest of South & Central America Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
10.1.7 Rest of South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
10.1.7.1 Rest of South & Central America Mining Chemicals Market Breakdown by Type
10.1.7.2 Rest of South & Central America Mining Chemicals Market Breakdown by Type
10.1.7.3 Rest of South & Central America Mining Chemicals Market Breakdown by Mineral Type
10.1.7.4 Rest of South & Central America Mining Chemicals Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Product launch
11.3 Other Strategies and Developments
12. Company Profiles
12.1 Orica Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Kemira Oyj
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BASF SE
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Clariant AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dow Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 AECI Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nouryon Chemicals Holding BV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Solvay SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Arkema SA
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix

Table 1.             South & Central America Mining Chemicals Market Segmentation
Table 2.             South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
Table 3.             South & Central America Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons) – Type
Table 4.             South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5.             South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – Mineral Type
Table 6.             South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 7.             Brazil Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 8.             Brazil Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 9.             Brazil Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Mineral Type
Table 10.          Brazil Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 11.          Argentina Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 12.          Argentina Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 13.          Argentina Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Mineral Type
Table 14.          Argentina Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Application
Table 15.          Rest of South & Central America Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons) – By Type
Table 16.          Rest of South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 17.          Rest of South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Mineral Type
Table 18.          Rest of South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million) – By Application
 
 

Figure 1.           South & Central America Mining Chemicals Market Segmentation, By Country
Figure 2.           Porter’s Five Forces Analysis
Figure 3.           Ecosystem: South & Central America Mining Chemicals Market
Figure 4.           South & Central America Mining Chemicals Market Impact Analysis of Drivers and Restraints
Figure 5.           South & Central America Mining Chemicals Market Revenue (US$ Million), 2022 – 2030
Figure 6.           South & Central America Mining Chemicals Market Share (%) – Type, 2022 and 2030
Figure 7.           Flotation Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8.           Flotation Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
Figure 9.           Frothers Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10.        Frothers Market Volume and Forecasts to 2030 (Kilo tons)
Figure 11.        Flocculants Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12.        Flocculants Market Volume and Forecasts to 2030 (Kilo tons)
Figure 13.        Depressants Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14.        Depressants Market Volume and Forecasts to 2030 (Kilo tons)
Figure 15.        Collectors Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16.        Collectors Market Volume and Forecasts to 2030 (Kilo tons)
Figure 17.        Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18.        Others Market Volume and Forecasts to 2030 (Kilo tons)
Figure 19.        Solvent Extractants Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20.        Solvent Extractants Market Volume and Forecasts to 2030 (Kilo tons)
Figure 21.        Grinding Aids Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22.        Grinding Aids Market Volume and Forecasts to 2030 (Kilo tons)
Figure 23.        Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24.        Others Market Volume and Forecasts to 2030 (Kilo tons)
Figure 25.        South & Central America Mining Chemicals Market Share (%) – Mineral Type, 2022 and 2030
Figure 26.        Base Metals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27.        Non-Metallic Minerals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28.        Precious Metals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29.        Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30.        South & Central America Mining Chemicals Market Share (%) – Application, 2022 and 2030
Figure 31.        Mineral Processing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 32.        Wastewater Treatment Market Revenue and Forecasts to 2030 (US$ Million)
Figure 33.        Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 34.        South & Central America Mining Chemicals Market Breakdown, by Key Countries, 2022 (US$)
Figure 35.        Mining Chemicals market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 36.        Brazil Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
Figure 37.        Brazil Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 38.        Argentina Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
Figure 39.        Argentina Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
Figure 40.        Rest of South & Central America Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
Figure 41.        Rest of South & Central America Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)