Flotation Reagents Market to experience an impressive growth of 7.2% during 2020-2025
January 28, 2020
Flotation Reagents Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The global flotation reagents market is driven by its growing engagement in explosives & drilling, water & wastewater treatment, and mineral processing applications. The market has portrayed phenomenal growth in the present years, owing to growing investment in various mining ventures in Asia-Pacific and South America. Rapid industrialization and urbanization in major economies, such as China and India have bolstered the claim for metals and minerals in the previous few years.
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Flotation Reagents Market Segment Insights:
By Film Type:
Based on the type, the market is segmented as flocculants, collectors, frothers, dispersants, and others. The flocculants segment registered the highest growth in 2018, in terms of value, and is likely to remain dominant during the forecast period. The growth is owing to their rising consumption in a wide range of mines and mineral processing plants, varying from coal to base and precious metals.
By Application Type:
Based on the application type, the market is segmented as explosives & drilling, mineral processing, water & wastewater treatment, and others. The water & wastewater treatment application segment is expected to lead the market in the coming five years. The growth is attributed to the growing demand for freshwater and stringent environmental protocols.
By Region:
In terms of regions, Asia-Pacific is estimated to depict the highest growth, in terms of value, in the coming five years. The market in the region is chiefly driven by the rapid development of economies, which is alluring enormous investments from global mining companies. The region is also observing high claim for flotation reagents, especially from China, Japan, India, and other Southeast Asian countries. Factors such as presence of massive mineral resources of zinc, copper, coal, and aluminum and stringent regulations imposed by government on wastewater treatment are further driving the growth of the flotation reagents market in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Key Players:
Some of the major players in the flotation reagents market are Akzo Nobel N.V., BASF SE, Clariant AG, Cytec Solvay Group, Cochran Chemical Company Inc., The DOW Chemical Company, Evonik Industries, Hychem, Inc., Kemira OYJ, and Nasaco International Ltd.
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- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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