Registering a CAGR of 5.8% over the forecast period, the market value of Global Mining Flotation Chemicals is expected to reach US$ 15000 million in the year 2027.
The flotation process is primarily used to separate minerals from ores. In the mining industry, they are frequently sued. Chemicals used in flotation are either organic or inorganic compounds that are used to change the surface properties of the desired mineral.
The mining industry has grown slowly over the years, having endured a prolonged period of sluggishness during the financial crisis and economic recession. The mining industry's growth is determined by the GDP trend. Furthermore, rising demand for minerals, combined with stable metal prices, is expected to boost the mining industry in the coming years. This, in turn, is expected to drive the global growth of the mining flotation chemicals market. The mining flotation chemicals market is expected to be driven by rising demand for metals used in various end-use sectors such as construction and transportation, as a result of the global rate of industrialization and urbanization. The mining flotation chemicals market is also expected to benefit from new opportunities in improved product and composition delivery of superior performance characteristics.
This factor has encouraged leading manufacturers of mining flotation chemicals to invest time and resources in developing new variants. The use of low VOC and environmentally friendly product types, as well as rising demand for phosphate-based minerals and iron ore, have all contributed to the growth of the global mining flotation chemicals market.
The global Global Mining Flotation Chemicals includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Cytec, Kemira (KEMIRA: HEL), Huntsman (HUN: NYSE), Clariant (CLN: SWX), BASF, Air Products, Chevron Philips, Cheminova, Nasaco, Beijing Hengju and others.
Industry News and Updates:
In October 2019, FLSmidth recently announced two significant flotation innovations: the mixedROW Flotation System, which "combines the best attributes of two technologies to create next-level results," and the Froth Recovery Upgrade Package, which addresses flaws in original froth recovery technology.
Clariant opens global Competence Center for Tailings Treatment in Brazil
September 27, 2021 – Clariant announces a new technical facility in Brazil exclusively dedicated to developing tailings management solutions in order to support the mining industry's efforts toward sustainability. The Competence Center for Tailings Treatment (CCTT) officially opens its doors in Belo Horizonte, Minas Gerais, Brazil.
A new laboratory and a highly skilled team are dedicated to the creation of innovative and customized solutions. Clariant's recently launched Tailings Management Program is built around CCTT. Clariant's commitment to working with customers to improve sustainability in the global mining industry is reinforced.
The demand for these chemicals is expected to be influenced positively by urbanization and the rising demand for construction aggregates. The global mining flotation chemicals market is expected to grow primarily due to the Asia Pacific region, which is expected to provide the most growth opportunities. The Asia Pacific, the Middle East, and Africa have been identified as the next major region generating significant demand for mining flotation chemicals.
Growing oil and gas exploration activities are expected to provide lucrative opportunities over the forecast period due to the rising demand for petroleum-based products in the cosmetic and construction industries. Furthermore, economic development has increased energy demand, which is boosting mining activities and propelling the market growth of mining flotation chemicals.
Mining flotation chemicals are increasingly being used in coal mining activities, which is expected to drive market growth over the forecast period. Rising energy demand due to urbanization and economic development in emerging regions is expected to fuel the growth of the mining flotation chemicals market.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
Because of the increased number of mining activities in China and India, Asia-Pacific is expected to dominate the global market. The region's coal mining activities are being fueled by the region's expanding manufacturing and information and technology sectors, which have increased demand for energy as a result of economic development. As a result, the growing use of Mining Floatation Chemicals in coal mining activities is expected to fuel the regional market growth during the review period.
The rising demand for petroleum-based products in the automotive, construction and cosmetic industries is expected to drive up demand for Mining Floatation Chemicals in the region. Furthermore, favorable government policies and increased use of petroleum-based products are expected to drive regional market growth.
The Global Mining Flotation Chemicals Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Global Mining Flotation Chemicals Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Global Mining Flotation Chemicals Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Global Mining Flotation Chemicals Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Global Mining Flotation Chemicals Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Kemira (KEMIRA: HEL), Huntsman (HUN: NYSE), Clariant (CLN: SWX) |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Cytec, Kemira, Huntsman, Clariant, BASF, Air Products, Chevron Philips, Cheminova, Nasaco, Beijing Hengju |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 96 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Global Mining Flotation Chemicals Market is studied from 2017 - 2027.
What is the growth rate of the Global Mining Flotation Chemicals Market?
The Global Mining Flotation Chemicals Market is growing at a CAGR of 5.8% over the next 5 years.
Who are the key players in Global Mining Flotation Chemicals Market?
Cytec, Kemira, Huntsman, Clariant, BASF, Air Products, Chevron Philips, Cheminova, Nasaco, Beijing Hengju
What regions does this Global Mining Flotation Chemicals Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Global Mining Flotation Chemicals Market?
Collectors, Frothers, Dispersants, Activators, Depressants, Flocculants
What are the major end-use applications of Global Mining Flotation Chemicals Market?
Mining, Agro-Chemicals, Pulp & Paper, Oil & Gas, Industrial Waste & Sewage Treatment, Food & Beverage, Others
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