Dewatering Aids for Mining Market size was valued at USD 440.6 million in 2023 and is expected to exceed USD 928.31 million by 2036, expanding at over 5.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of dewatering aids for mining is evaluated at USD 461.4 million.
Further, the market generated a significant revenue in the year 2021. The market is estimated to grow on the back of raising demand for minerals and metals globally. According to the World Bank report, by 2050, the production of minerals including graphite, cobalt is projected to grow by 500% as a result of increasing demand for clean energy technologies, which requires around 3 billion tons of minerals and metals in the near future.
The global dewatering aids for mining market is also estimated to witness growth on account of increasing mining waste globally. According to statistics by Mining, Minerals and Sustainable Development Project, about 98 billion tons of mining waste is generated every year from 3,500 large-scale mining operations around the world. Furthermore, rising awareness about mining sludge disposal and increasing advances in sludge management processes as well as strict government rules and regulations for the treatment of untreated mining sludge are expected to drive the global dewatering aids market for the mining market during the forecast period.
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.9% |
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Base Year Market Size (2023) |
USD 440.6 million |
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Forecast Year Market Size (2036) |
USD 928.31 million |
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Regional Scope |
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The global dewatering aids for mining market is segmented and analyzed for demand and supply by application into sulfide mineral processing, non-sulfide mineral processing and coal cleaning. Out of these segments, coal cleaning segment is anticipated to garner the largest market share over the forecast period, owing to the increasing production of coal. As per data, in India, coal production stood at around 776 metric tons (MT) in 2022. Furthermore, according to the International Energy Agency (IEA) data, the total coal production in the United States stood at around 640 MT in 2019. Hence, such a factor is anticipated to propel the segment growth in the coming years.
Our in-depth analysis of the global dewatering aids for mining market includes the following segments:
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By Material |
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By Product |
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Regionally, the global dewatering aids for mining market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is set to hold largest revenue share by 2036, accredited to increasing mining activity in the region. According to statistics, in 2020, mines in the United States produced about USD 81 billion in minerals. Moreover, increasing industrialization and rising investment in the management of sludge produced by the mining industry is also expected to boost the growth of global dewatering aids for mining market in the region.
Further, the market in Asia Pacific is estimated to garner significant growth during the forecast period, owing to the increasing mining investment and increasing awareness about the efficient disposal of sludge in the region. Moreover, rising mineral production is also estimated to drive the market growth in the region. As per the data, the total mineral production in China was around 4,427,140,000 metric tons in December 2020. Furthermore, according to the International Energy Agency (IEA) data, the total coal production in Australia was around 500 metric tons in 2019.
Arrmaz Products Inc., a global market leader in the production of specialty chemicals for the mining and infrastructure market, has today been fully acquired by Arkema. This acquisition adds another milestone in Arkema's business growth journey, further strengthening Arkema's portfolio.
ALFA LAVAL, the global market leader in the wastewater treatment industry, has today signed a global commercial agreement with Orège, a French global cleantech company. This agreement will further strengthen the market position of both the companies while enabling a strong mixed product offering.
Author Credits: Rajrani Baghel
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