Middle East & Africa Mining Chemicals Market Forecast to 2030 - Regional Analysis - by Type, Mineral Type (Base Metals, Non-Metallic Minerals, Precious Metals, and Others), and Application (Mineral Processing, Wastewater Treatment, and Others)

Description

List of Tables

The Middle East & Africa mining chemicals market was valued at US$ 1,390.00 million in 2022 and is expected to reach US$ 1,969.91 million by 2030; it is estimated to register at a CAGR of 4.5% from 2022 to 2030.

Growing Demand for Metals and Minerals in High-End Product Manufacturing Bolsters Middle East & Africa Mining Chemicals Market

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 Middle East & Africa mining chemicals market.

Middle East & Africa Mining Chemicals Market Overview

A report published by the Mineral Council of South Africa in 2022 revealed that the value of mining production in South Africa grew from US$ 57.0 billion in 2021 to US$ 61.0 billion in 2022. The value of total sales generated from iron ore in South Africa accounted for US$ 5.4 billion in 2022, representing a rise of 47.3% compared to 2019. According to the International Trade Administration, Saudi Arabia's untapped mineral reserves accounted for US$ 1.3 trillion in 2021. Further, the World Mining Data 2022 report released by the Federal Ministry Republic of Austria revealed that Africa accounted for 889.63 million metric tons of mineral production (excluding bauxite). Also, the mining production rate of minerals in Africa increased by 16.2% from 2000 to 2020.

As per the National Industrial Information Center (Saudi Arabia), the Ministry of Industry and Mineral Resources issued 71 mining licenses, including licenses for 45 exploration projects, 21 building materials quarry, and 5 small mine projects, in July 2023. The report revealed 2,348 active mining licenses in the sector by the end of July 2023. Mining of metals and nonmetals requires several mining chemicals such as floatation agents, dust suppression chemicals, explosives, and blasting agents for various mining processes. The rise in mining production rates for minerals, metals, and nonmetals in the Middle East & Africa drives the demand for mining chemicals across the region.

Middle East & Africa Mining Chemicals Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Mining Chemicals Market Segmentation

The Middle East & Africa mining chemicals market is segmented based on type, mineral type, application, and country.

In terms of type, the Middle East & Africa mining chemicals market is segmented into flotation chemicals, solvent extractants, grinding aids, and others. The flotation chemicals segment is sub-segmented into frothers, flocculants, depressants, collectors, and others. The flotation chemicals segment held the largest share in 2022.

By mineral type, the Middle East & Africa mining chemicals market is segmented into base metals, non-metallic minerals, precious metals, and others. The non-metallic minerals segment held the largest share in 2022.

In terms of application, the Middle East & Africa mining chemicals market is segmented into mineral processing, wastewater treatment, and others. The mineral processing segment held the largest share in 2022.

Based on country, the Middle East & Africa mining chemicals market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa mining chemicals market in 2022.

Orica Ltd, Kemira Oyj, BASF SE, Clariant AG, Dow Inc, AECI Ltd, Nouryon Chemicals Holding BV, Betachem Pty Ltd, Betachem Pty Ltd, Solvay SA, and Arkema SA are some of the leading companies operating in the Middle East & Africa mining chemicals market.

Product Code: BMIRE00030200

1. Introduction

1.1 The Insight Partners 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. Middle East & Africa 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. Middle East & Africa 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 - Middle East & Africa Market Analysis

6.1 Middle East & Africa Mining Chemicals Market Revenue (US$ Million), 2022 - 2030
6.2 Middle East & Africa Mining Chemicals Market Forecast and Analysis

7. Middle East & Africa 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 Revenue and Forecast to 2030 (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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Mining Chemicals Market - Country Analysis

10.1 Middle East & Africa Mining Chemicals Market Revenue and Forecasts and Analysis - By Countries
- 10.1.1 Mining Chemicals market Breakdown by Country
- 10.1.2 South Africa Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
- 10.1.3 South Africa Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.3.1 South Africa Mining Chemicals Market Breakdown by Type
  - 10.1.3.2 South Africa Mining Chemicals Market Breakdown by Type
  - 10.1.3.3 South Africa Mining Chemicals Market Breakdown by Mineral Type
  - 10.1.3.4 South Africa Mining Chemicals Market Breakdown by Application
- 10.1.4 Saudi Arabia Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
- 10.1.5 Saudi Arabia Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.5.1 Saudi Arabia Mining Chemicals Market Breakdown by Type
  - 10.1.5.2 Saudi Arabia Mining Chemicals Market Breakdown by Type
  - 10.1.5.3 Saudi Arabia Mining Chemicals Market Breakdown by Mineral Type
  - 10.1.5.4 Saudi Arabia Mining Chemicals Market Breakdown by Application
- 10.1.6 UAE Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
- 10.1.7 UAE Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.7.1 UAE Mining Chemicals Market Breakdown by Type
  - 10.1.7.2 UAE Mining Chemicals Market Breakdown by Type
  - 10.1.7.3 UAE Mining Chemicals Market Breakdown by Mineral Type
  - 10.1.7.4 UAE Mining Chemicals Market Breakdown by Application
- 10.1.8 Rest of Middle East & Africa Mining Chemicals Market Volume and Forecasts to 2030 (Kilo tons)
- 10.1.9 Rest of Middle East & Africa Mining Chemicals Market Revenue and Forecasts to 2030 (US$ Million)
  - 10.1.9.1 Rest of Middle East & Africa Mining Chemicals Market Breakdown by Type
  - 10.1.9.2 Rest of Middle East & Africa Mining Chemicals Market Breakdown by Type
  - 10.1.9.3 Rest of Middle East & Africa Mining Chemicals Market Breakdown by Mineral Type
  - 10.1.9.4 Rest of Middle East & Africa 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 Betachem Pty Ltd
- 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 Solvay 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
12.10 Arkema SA
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix