Flotation Reagents Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Flotation Reagents Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Flotation Reagents Market Segment Insights:
Type: flocculants, collectors, frothers and others
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.
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Application Type: explosives & drilling, mineral processing and others
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.
A highly/moderately/fragment consolidated Market
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.
Region: Asia-Pacific is estimated to depict the highest growth
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.
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