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Mining Flotation Chemicals Market Share & Size | Industry Forecast, 2024-2032

The global mining flotation chemicals market size was evaluated at $11.29 billion in 2023 and is slated to hit $17.70 billion by the end of 2032 with a CAGR of nearly 5.13% between 2024 and 2032.

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Chemicals utilised in mining flotation are employed to separate minerals from their ores. Whether the ore is sulphide or non-sulfide is unknown. The process of mineral flotation from the rock’s surface is facilitated through the utilisation of particular compounds. In accordance with their distinct surface flotation characteristics, minerals require distinct flotation compounds. Then, varying concentrations of these flotation chemicals are administered to their ores. In general, mining flotation is employed to facilitate the benefication of ore.

The expansion of the construction sector is anticipated to be the primary factor driving the global mining flotation chemicals market’s expansion during the forecast period. A wide range of minerals finds application within the construction sector. The Construction Intelligence Centre (CIC) of Timetric and the Bureau of Labour Statistics predict that the construction industry will be among the fastest-growing industries worldwide by the end of 2020.

The approximate annual growth rate of this sector is 4.5%. The following factors are anticipated to contribute to the expansion of the worldwide market for flotation chemicals in the mining industry during the period of forecast. The chemical variety of flocculants is anticipated to experience substantial growth in the market for mining flotation chemicals on account of its wide-ranging application in sectors including mineral processing, wastewater treatment, and more.

These chemicals’ exceptional physical and chemical properties account for their widespread application. However, in the future years, the expansion of the global mining flotation chemicals market may be hampered by the fierce competition among the major players. In contrast, future expansion prospects for the mining flotation chemicals market are anticipated to arise from the increasing demand for a variety of metals by industries including construction, transportation, and others.

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The Global Mining Flotation Chemicals Market is segmented based on product, application and region

Global Mining Flotation Chemicals Market: Product Segment Analysis

● Sulfide Ore
● Non-Sulfide Ore

Global Mining Flotation Chemicals Market: Application Segment Analysis

● Frothers
● Collectors
● Activators
● Dispersants
● Flocculants
● Depressants
● Others

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The global Mining Flotation Chemicals market profiles key players such as:

● Solvay S.A.
● Senmin International
● Dow DuPont Inc
● Axis House
● Coogee Chemicals
● QixiaTongDa Flotation Reagent
● Beijing Hengju Chemical Industry
● YantaiHumon Chemical Auxillary
● Cytec Industries
● Clariant AG
● Nasaco International
● Cheminova A/S
● Kemira Oyj
● Huntsman Corporation
● BASF SE
● CTC Mining
● Air Products and Chemicals
● Chevron Phillips Chemical Company

Market for Mining Flotation Chemicals: Regional Perspectives

The demand projections and historical data for North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are incorporated into the regional segmentation.

The global market for flotation chemicals in mining is segmented by region into the following areas: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the global market for mining flotation chemicals in 2018, accounting for the largest revenue and volume markets.

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