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Rising demand for mining chemicals due to the increasing complexity of ores and reducing ore grades are predominantly fueling the market growth of the mining chemicals. Growing strict regulations associated with wastewater treatment coupled with the rising need for quality ores and minerals are again anticipated to augment the market growth of mining chemicals. All these factors are propelling the market growth of mining chemicals.
Market Opportunities
Growing investment in the mining industry by the government of the Middle East region is expected to bring new market opportunities for the mining chemicals market. These regions are anticipated to hold large volumes of untapped mining sites. For this various mining companies and governments are investing in the mining industries for mineral extraction which is expected to create demand for mining chemicals. Rapid industrialization and urbanization in this region are further expected to propel the market growth of mining chemicals.