New York, NY, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Mining Flotation Chemicals Market by Ore Type (Sulfide and Non-Sulfide) and by Chemical Type (Frothers, Collectors, Activators, Dispersants, Flocculants, Depressants, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” . According to the report, the global mining flotation chemicals market was valued at approximately USD 1,838 million in 2018 and is expected to generate around USD 2,338 million by 2025, at a CAGR of around 3.5% between 2019 and 2025.
The flotation process is used for the separation of minerals from their ores. Flotation chemicals are widely used in the mining industry to conduct the process of flotation for both organic and inorganic chemicals. Froth flotation is one of the widely used processes due to its economical nature and ability to collect very fine particles, which are even less than 100 μm.
Browse through 68 Tables & 25 Figures spread over 110 Pages and in-depth TOC on “Global Mining Flotation Chemicals Market Size & Share 2018: Industry Type, Segments, Trends, Analysis and Forecast, 2025”.
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In the past few years, the mining industry has developed at a nominal pace. The growth of the mining industry largely depends on the GDP trend of a specific region. Moreover, the growing demand for minerals and stabilized metal prices are expected to fuel the mining industry growth in the years ahead. This, in turn, is likely to drive the growth of the mining flotation chemicals market at a global scale. Froth flotation chemicals are one of the major chemical types that have wide applicability in the mining industry. In the froth flotation process, valuable minerals are separated from their ores with the help of reagents on the surface of the froth layer. Froth flotation chemicals are used for the extraction of minerals by enabling them to attach to air bubbles.
The decrease in the grade of mineral ores owing to the aging of mineral deposits has been boosting the use of froth flotation chemicals for mineral processing, which, in turn, is anticipated to fuel the growth of the mining flotation chemicals market globally over the estimated timeline. However, the intense competition among the key players might restrain the growth of the global mining flotation chemicals market in the upcoming years. Alternatively, the rising demand for various metals by different sectors, such as construction, transportation, etc., is expected to provide new growth opportunities for the mining flotation chemicals market in the future.
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The global mining flotation chemicals market is segmented on the basis of ore type and chemical type. Based on the ore type, the global mining flotation chemicals market is bifurcated into sulfide and non-sulfide ores. On the basis of chemical type, this global market is segmented into frothers, collectors, activators, dispersants, flocculants, depressants, and others. The flocculants segment is expected to hold the largest market share over the forecast timeframe, owing to the growing product demand for various applications, such as wastewater treatment, etc.
The North American mining flotation chemicals market is expected to witness considerable growth over the forecast time period. This can be attributed to the various developments made by the key players for this regional market’s growth. These players are launching new products and making huge investments for research and development activities, which are likely to support the mining flotation chemicals market in North America over the estimated timeframe.
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Europe held a significant share of the global mining flotation chemicals market in 2017. The region is expected to witness huge growth in the mining flotation chemicals market due to increasing product demand from various end-user industries, such as wastewater treatment, mineral processing, etc.
The Asia Pacific mining flotation chemicals market is expected to register the highest growth rate over the forecast time period. This regional growth is particularly expected in China and India, owing to the growing urbanization and rising population, which, in turn, has boosted the region’s construction industry. China is the largest consumer of froth flotation chemicals in the world and holds approximately 28% share of the global froth flotation chemicals consumption. The country is one of the largest producers and consumers of mining products.
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The Latin American and the Middle Eastern and African regions are expected to witness moderate growth in the global mining flotation chemicals market over the forecast time period. This can be attributed to the increased development in the mining industry in these region and various developments made by the key market players for this market’s growth.
Some key players operating in the global mining flotation chemicals market include Solvay S.A., Senmin International, Dow DuPont Inc., Axis House, Coogee Chemicals, QixiaTongDa Flotation Reagent, Beijing Hengju Chemical Industry, YantaiHumon Chemical Auxillary, Cytec Industries, Clariant AG, Nasaco International, Cheminova A/S, Kemira Oyj, Huntsman Corporation, BASF SE, CTC Mining, Air Products and Chemicals, and Chevron Phillips Chemical Company, among others.
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This report segments the global mining flotation chemicals market into:
Global Mining Flotation Chemicals market: Ore Type Analysis
- Sulfide Ore
- Non-Sulfide Ore
Global Mining Flotation Chemicals market: Chemical Type Analysis
- Frothers
- Collectors
- Activators
- Dispersants
- Flocculants
- Depressants
- Others
Global Mining Flotation Chemicals market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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