Central & South America Mercury Market Outlook (2018 to 2032)

Year Value
2018 0.27
2019 0.28
2020 0.28
2021 0.28
2022 0.29
2023 0.29
2024 0.29
2025 0.3
2026 0.3
2027 0.3
2028 0.31
2029 0.31
2030 0.32
2031 0.32
2032 0.32
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Central & South America Mercury Market Outlook (2018 to 2032)

Synopsis
The above chart is Central & South America Mercury Market Outlook (2018 to 2032)

Market Dynamics

The demand for mercury in central and south america is influenced by various factors and applications across different industries. one of the significant drivers of mercury demand in this region is artisanal and small-scale gold mining (asgm). countries like peru, colombia, and brazil have significant asgm activities, leading to a substantial demand for mercury in gold extraction processes. furthermore, mercury is used in the production of electrical components, batteries, and lighting equipment. the growing manufacturing and consumer electronics industries in countries like brazil and mexico contribute to the demand for mercury in these applications. however, efforts are being made to reduce mercury usage and transition to more environmentally friendly alternatives. moreover, mercury is utilized in the chemical industry for the production of chlorine and caustic soda, which are essential chemicals used in various manufacturing processes. the demand for mercury in this sector is driven by the growth of industries such as textiles, pulp and paper, and water treatment. additionally, mercury is used in certain healthcare applications, particularly in dental amalgams for fillings. however, the use of mercury in dental amalgams is gradually decreasing due to concerns over its environmental impact and health risks.

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