Mining Flotation Chemicals Market was valued at USD 1.85 billion in 2018 and expected to register a CAGR of 3.7% during the forecast period. In general, the Mining Flotation Chemicals are used extensively for mining exploration to gain minerals like iron, copper, silver, gold, zinc, and magnesium.
The global market for Mining Flotation Chemicals is predicted to drive due to the rising adoption of petroleum based products and favorable government policies across various regions. The demand for Mining Flotation Chemicals is growing worldwide due to the rising mining activities to fulfill the rising demand in the end-use industries like automotive, construction, and manufacturing.
The global Mining Flotation Chemicals Market has been segmented based on product and ore type. Further, the product segment has been divided based on frothers, activators, collectors, flocculants, dispersants, depressants, and others. The ore type segment has been classified into non-sulfide and sulfide. Of these, the sulfide segment is projected to lead the global market by generating the largest market share due to its rising applications across the mining industry. The global market has covered various regions like North America, Asia Pacific, Europe, and the rest of the world. The Asia Pacific regional market is projected to lead the global market during the review period.
Global Mining Flotation Chemicals Market Share, by Product, 2017 (%):
Regional Analysis:
Asia-Pacific is expected to dominate the global market owing to an increase in the number of mining activities in China and India. The growing manufacturing and information & technology sectors owing to economic development, which has increased the demand for energy, is propelling the coal mining activities in the region. Thus, the increasing application of Mining Floatation Chemicals in coal mining activities is expected to fuel the regional market growth during the review period.
The growing oil & gas extraction activities in North America owing to the rise in demand for petroleum-based products in the automotive, construction, and cosmetic industries is expected to boost the demand for Mining Floatation Chemicals in the region. Furthermore, favorable government policies and the growing adoption of petroleum-based products are expected to drive the regional market growth.
The growth of the European market is primarily driven by rapid growth in the automobile production and growing preference for polymers (petroleum-based products) over metals. Moreover, the high demand for Mining Floatation Chemicals in the mining industry for extracting lithium, graphite, and cobalt is projected to boost the growth of the Mining Flotation Chemicals Market in the region during the review period.
Market Segmentation:
The Global Mining Flotation Chemicals Market has been segmented on the basis of ore Type, Product and Region.
Based on Ore Type, the Global Mining Flotation Chemicals Market has been segregated into sulfide and non-sulfide. The sulfide segment is expected to dominate the global market owing to its wide applications in mining indsutry.
By Product, the global market is divided into frothers, collectors, activators, dispersants, flocculants, depressants, and others.
Key Players:
Some of the prominent players in the Global Mining Flotation Chemicals Market are BASF SE (Germany), Solvay S.A. (Belgium), Coogee Chemicals (Australia), QixiaTongDa Flotation Reagen (China), Beijing Hengju Chemical Industry (China), YantaiHumon Chemical Auxillary (China), Cytec Industries (US), Clariant AG (Switzerland), Cheminova A/S (Denmark), Kemira Oyj (Finland), Huntsman Corporation (US), CTC Mining (Canada), Air Products and Chemicals (US), and Chevron Phillips Chemical Company (US).Recent Development
In November 2021
A Finnish company specializing in mining technology, namely Metso Outotec, has introduced Concorde Cell Flotation, a high-intensity pneumatic flotation method for ultra-fine and effective fine particle recovery that has set up the new benchmark. The company has mentioned that the technique helps assist sustainability initiatives and lower plant running costs to reduce water usage per ton of metal produced.
Intended Audience
| Report Attribute/Metric | Details |
| Market Size | 2030 : USD 2.8 Billion |
| CAGR | 2.8%(2021 to 2030) |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Ore Type, Product and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | BASF SE (Germany), Solvay S.A. (Belgium), Coogee Chemicals (Australia), QixiaTongDa Flotation Reagen (China), Beijing Hengju Chemical Industry (China), YantaiHumon Chemical Auxillary (China), Cytec Industries (US), Clariant AG (Switzerland), Cheminova A/S (Denmark), Kemira Oyj (Finland), Huntsman Corporation (US), CTC Mining (Canada), Air Products and Chemicals (US), and Chevron Phillips Chemical Company (US). |
| Key Market Opportunities | The demand for metals such as lithium, nickel, and cobalt used in the manufacturing of batteries is rising owing to the growing adoption |
| Key Market Drivers | The increase in mining activities to meet the growing demand in the end-use industries such as construction, manufacturing, and automotive is consequently expected to propel the growth |
Mining Flotation Chemicals Market Highlights:
Frequently Asked Questions (FAQ) :
Mining Flotation Chemicals Market is predicted to grow at 3.7% through forecast period of 2020-2027.
The forecast period for Mining Flotation Chemicals Market research report is 2020-2027.
Mining Flotation Chemicals Market is dominated by APAC region.
The major players are BASF SE (Germany), Solvay S.A. (Belgium), Coogee Chemicals (Australia), QixiaTongDa Flotation Reagen (China), Beijing Hengju Chemical Industry (China), YantaiHumon Chemical Auxillary (China), Cytec Industries (US), Clariant AG (Switzerland), Cheminova A/S (Denmark), Kemira Oyj (Finland), Huntsman Corporation (US), CTC Mining (Canada), Air Products and Chemicals (US), and Chevron Phillips Chemical Company (US).
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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