Flotation Reagents Market Size and Growth Rate:
According
to the recent research reports published by Research Cosmos, Flotation Reagents
Market was valued at USD 3.75 billion in 2018 and estimated to grow at a decent
CAGR of 5.5% during the forecast period 2018 to 2023 to reach USD 4.95 billion
by 2023.
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Flotation Reagents Market Overview:
The demand for flotation reagents in
the world market has increased due to their remarkable properties during chemical
separation and purification. Several industrial processes are carried out using
flotation reagents, and the effectiveness of these reagents in those processes
is one of the main reasons for their popularity.
The flotation reagents give the
minerals a level of hydrophobicity that results in the dissolution of these
mineral particles from the solution in which they are suspended. Therefore,
this unique mode of separation has become one of the main reasons for the
growth of the global flotation reagent market and new industries have
compensated for the use of flotation techniques to effect industrial
separation. The separation of fine minerals is a complex process that requires
a high degree of thoroughness and precision, and the flotation provides it at a
macroeconomic level. As a result, the global flotation reagent market is
expected to grow at a rapid pace as new industries emerge at the forefront of
the commercial landscape.
Flotation Reagents Market Growth Drivers and Restraints:
The global flotation reagent market
is expected to grow at a stellar pace as new chemical separation technologies
are adopted in various industries. The field of explosives is a key consumer of
flotation reagents, which has contributed to the growth of the global market.
In addition, the treatment of minerals or the separation of minerals finely
released from different solutions is also a key process that involves the use
of these reagents. As a result, the growth of the flotation reagent market
would increase as the importance of mineral extraction extends throughout the
world. The treatment of wastewater is one of the main factors that drive their
demand in the world market, which is extremely useful for water purification
and the treatment of contaminated water.
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Flotation Reagents Market Geographical Segmentation:
According to geography, the market
demand for flotation reagents in North America is reaching new levels as better
wastewater treatment technologies are accepted in the United States and Canada.
In addition, the relevance of industrial separation in several industries is
also a key factor in the demand for these reagents in North America. The market
in Europe is growing along with the progress of the explosives and drilling
industries.
Key Players of the Flotation Reagents Market:
Some of the key players in the global flotation
reagents market are Cytec Solvay Group, Kemira OYJ, SNF FLOERGER SAS, Dow
Chemical, and Orica.
Flotation Reagents Market Segmentation:
By Type:
·
Flocculants
·
Collectors
·
Frothers
·
Dispersants
By
Application:
·
Explosives and Drilling
·
Mineral Processing
·
Waste and Wastewater Treatment
By Region:
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle East and Africa
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