Africa Mining Chemicals Market
Report ID: SQMIR15A2436
Africa Mining Chemicals Market Size
SkyQuest Technology's Africa mining chemicals market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Africa Mining Chemicals Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Africa Mining Chemicals Market Insights
Africa Mining Chemicals Market size was valued at USD 694.1 million in 2023 and is poised to grow from USD 732.97 million in 2024 to USD 1133.44 million by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).
The market is anticipated to grow during the forecast period due to factors such increasing mining production and a rise in water treatment operations. In the upcoming years, it is expected that the demand for the product will be affected by extraction of ore types such gold, copper, and phosphate.
The African mining chemical market is characterized by the presence of numerous global manufacturing giants and local players who consistently attempt to enhance their entire business portfolio, from product development to marketing. Throughout the last decade, there have been significant changes in the business, along with an increase in wastewater activities around the continent. To maintain consistency in their production processes and remove the risk of uncertainty in terms of product availability and sourcing, many end-use application manufacturers have even teamed up with the manufacturers.
Raw materials like uranium, sulfuric acid, lead, nitric acid, mercury, and cyanide are utilized to make mining chemicals. In the industry, the process of leaching, which extracts gold and silver from their respective ores, uses cyanide. Sulfuric acid is produced using the wet method, the contact process, and the lead chamber process. The DRC, Zambia, South Africa, and Namibia constitute a few of Africa's top sulfuric acid producers. Tanzania is the only country in Africa with the capacity to produce sulfuric acid.
Africa Mining Chemicals Market Report Snapshots
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