(MENAFN- Zion Market Research) Zion Market Research has published a new report titled 'Flotation Reagents Market by Type (Flocculants, Collectors, Frothers, and Dispersants) and by Application (Explosives & Drilling, Mineral Processing, and Water & Wastewater Treatment): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182026. According to the report, the global flotation reagents marketwas approximately USD 4.17 billion in 2018 and is expected to generate around USD 6.64 billion by 2026, at a CAGR of around 6% between 2019 and 2026.
Flotation reagents are chemicals used for the separation of materials based on their affinity with water. Flotation reagents are majorly used for maintaining proper froth characteristics in froth floatation processes. Froth flotation is used in various industrial processes for the separation of finely-liberated minerals. Air bubbles are poured into a mixture of finely divided ores or other materials with water and flotation reagents that separate bubbles and particles of the desired materials further, resulting in its recovery as froth. Reagents are the most important part of a flotation process. The modern classification of reagents is based on its functions. The global flotation reagents market is expected to witness substantial growth over the forecast time period, owing to the increasing investments made in the mining industry and rising number of stringent government regulations for water and wastewater treatment. The increasing demand for better water treatment, stringent environmental regulations related to water, declining volumes of water wastage, and rising investments in the mining industry have further fuelled the flotation reagents market. However, the rising environmental concerns related to mining chemicals may hamper the growth of the global flotation reagents market.
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The type segment of the global flotation reagents market is categorized into collectors, frothers, dispersants, and flocculants. The flocculants segment is expected to register the highest rate in the future, owing to the increasing flocculants consumption in a variety of mineral processing plants and mines, ranging from coal to base and precious metals. Moreover, flocculants are also used in various applications, such as water and wastewater treatment. Explosives and drilling, mineral processing, and water and wastewater treatment comprise the application segment of the global flotation reagents market. The water and wastewater treatment segment are expected to grow notably over the forecast time period, owing to strict government regulations for treating water waste.
The Asia Pacific flotation reagents market is expected to grow the highest rate over the forecast time period, owing to the rapid expansion of the developing economies in the region. This, in turn, is attracting huge investments from global mining companies. Moreover, rising water pollution in the region has been witnessed due to industrialization, which is expected to drive the growth of the flotation reagents market in the future. The Asia Pacific flotation reagents market growth will be prominent in China, Japan, India, and other Southeast Asian countries. The flotation reagents market in Europe is likely to grow substantially in the future, due to the advancements witnessed in the region's explosives and drilling industries.
Some key companies operating in the global flotation reagents market include BASF, Cytec Solvay, Clariant, Kemira OYJ, Huntsman, Dow Chemical, AkzoNobel, SNF Floerger, Evonik, and Orica.
This report segments the global flotation reagents market into:
Global Flotation Reagents Market: Type Analysis
- Flocculants
- Collectors
- Frothers
- Dispersants
Global Flotation Reagents Market: Application Analysis
- Explosives and Drilling
- Mineral Processing
- Water and Wastewater Treatment
Global Flotation Reagents Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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