Mining Flotation Chemicals Market to Grow at 4.7% CAGR, China to Remain the Largest Region

A new detailed study titled “Global Market Study on Mining Flotation Chemicals: Depressants to Witness Increasing Demand in the Foreseeable Future” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the research study, the global mining flotation chemicals market is likely to grow at a CAGR of 4.7% during the assessment period.

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According to the research study, deterioration in the quality of ores, combined with ageing mineral deposits are likely to increase the demand for flotation chemicals globally. The increase in urbanization, combined with increase in construction activities, is also likely to drive the growth of the market. The various minerals used in the manufacturing and construction include steel, wires, and mining flotation chemicals, and these factors are likely to provide an impetus to the growth of the market during the assessment period.

Although the report has a positive outlook on the mining flotation chemicals market, challenges associated with logistics and transportation are likely to affect profitability margins of the key players. According to the report, transportation and logistics account for nearly 20% cost of the mining flotation chemicals, and even a slight reduction in the prices can lead to healthy gains.

The report segments the global mining flotation chemicals market into product, market and ore market and region market. The product segment is further divided into depressants, collectors, frothers, grinding aids, flocculants and others. The collectors are categorized into dithiophosphates, dithiocarbamates, xanthates and others. The ore segment is bifurcated is into bifurcated non-sulfide ores and sulfide ores.

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Geographically, the market is divided into key regions globally which are North America, Asia Pacific Excluding China, Latin America, Europe, China, and Middle East & Africa. According to the report, Asia Pacific excluding China is one of the largest markets for mining flotation chemicals globally. According to the report, China will continue to account for the largest share of the market. In addition to China, Asia Pacific excluding China is likely to remain a key region in the global mining flotation chemicals market.

The report profiles some of the leading players operating in the market. Some of these players are BASF SE, SNF S.A.S., AkzoNobel N.V., Chevron Phillips Chemical Company LLC, CTC Mining, ArrMaz, Coogee Chemicals Pty Ltd., Senmin International (Pty) Ltd , Solvay S.A., DowDuPont Inc., Clariant AG, QiXia TongDa Flotation Reagent Co. Ltd., Yantai Humon Chemical Auxiliary Co. Ltd., Tieling Flotation Reagents Co., Ltd and Axis House (Pty) Ltd. The report profiles some of the leading players in the market and offers in-depth analysis and insights on the market.

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This release was published on openPR.