"Actionable Insights to Fuel Your Growth"
Geochemical services are gaining importance rapidly because of their success in solving a vast variety of problems. The Geochemical environment defined by pressure, temperature, and availability of most abundant chemical components, determines the stability of minerals and fluid phases at any given point. The first step in the geochemical survey is to plan an orientation survey. This aims at determining the type and size of anomalies of known material deposit in different media such as soil, water, rocks, plants, stream sediments, etc.
It is essential in exploring minerals, ores, precious metals, oil & gas, etc. which are widely utilized in different industries. The purpose of detailed chemical analysis is to identify and delineate geochemical anomaly that would help in locating a deposit of minerals, and oil & gas probable contiguity of an already identified minerals. Thus, geochemical services not only interpret the probability of minerals or hydrocarbons deposits but also saves valuable time and money in exploring precious minerals.
To get information on various segments, share your queries with us
The geochemical services classified on the basis of the method and end user. The method is further classified into laboratory-based and in-field services. In most of the cases, it’s not feasible to carry out in-field services to identify the properties of soil, rocks or stream sediments. Thus samples are collected and sent to a laboratory for detailed analysis of soil, rocks or stream sediments to identify the possibility of mineral reserves. Geochemical services are intensively used in the minerals and mining industry, oil and gas industry, archaeological survey for identification of precious metals, ores, hydrocarbon reserves or ancient artifacts.
Geochemical services provide authentic data in selecting a site for the exploration of minerals, metals, and oil & gas. It reduces the overall exploration cost and drives the growth of the geochemical services market. Also, growing demand for precious metals, minerals, ores, oil and gas due to tremendous development has increased the exploration activities which is expected to increase the geochemical services market.
The authenticity of data produced by the company totally depends upon the expertise of personnel and geochemical services. These services are quite expensive to perform and require a lot of expertise to identify the accurate properties which restrict the growth in the market.
The top leading companies in geochemical services are Intertek Group, Infineum International, SGS SA, ALS Global, Weatherford International, Shiva Analyticals, Actlabs Group, Alex Stewart International, Agat Laboratories, Strother Services, Enviros Group, GeoMark Research, and Premier Oilfield Laboratories
· Laboratory Based
· In-field Based
By End User
· Mineral and Mining
· Oil and Gas
· Archaeological Survey
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
The global geochemical service market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is active in the mining industry since the 19th century and over the past decades, more companies are have involved in mining activities. US and Canada are basically involved in an extensive exploration of oil and gas. To meet the enormous demand more companies are taking initiative for exploration activities which are expected to increase the demand for geochemical services. Europe is anticipating the growth of the geochemical services due to a rise in demand for metals, minerals, ores, and oil & gas. The Asia Pacific is dominating the geochemical services due to the immense production capability of minerals and ores such as coal, bauxite, copper, mica, etc. The tremendous development in aviation, automobile, construction, and many more have increased the consumption of metals and hydrocarbons which increased the exploration activities. Therefore, Asia Pacific is offering a lucrative market for the growth of the geochemical services. The presence of oil and gas exporting countries and mining activities are subjugating geochemical services in MEA. Petroleum-rich countries are investing a lot of money in exploration activities which are influencing the geochemical growth in MEA.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm