Africa Mining Chemicals Market size is expected to reach USD 960.97 million by 2028
Africa Mining Chemicals Industry Overview The Africa mining chemicals market size was valued at USD 622.87 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. Factors such as the increasing mining activities and a surge in water treatment operations are likely to fuel the market growth over the forecast period. The extraction of ore types such as gold, copper, and phosphate is expected to contribute to the product demand over the coming years. In the light of the COVID-19 outbreak, the industry is witnessing a drastic decline in the prices of various commodities. Supply chain disruptions including difficulties in procuring raw materials and ingredients from third-party suppliers created major challenges and affected both operational and financial performances of the market. Many manufacturers were under pressure owing to disruptions in the overall supply chain, which severely impacted the market. Gather m...