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Floatation Reagents Market Trends, Substantial Growth, Rising Preferences, Future Expectations

08-25-2021 02:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Flotation reagents are chemical substances that govern and regulate most flotation processes. Flotation is a process of separation and concentration based on differences in the physic-chemical properties of interfaces. Froth flotation is a technique that has significant industrial application. Froth flotation has been used by mineral and chemical engineers for the separation and concentration of aqueous suspensions or solutions of a variety of minerals, precipitates, inorganic waste constituents, and even microorganisms and proteins.
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Floatation Reagents Market: Drivers & Restraints
Demand for flotation reagents depends on the adoption of mining activities and overall growth of the mining sector. Retrieval of geopolitical conditions, balanced economic growth, increase in the affluent population, increased infrastructure expenditure, especially in developing economies, are likely to drive the mining industry in emerging regions, in turn, augmenting the flotation reagents market. Another key driver of the global flotation reagents market is increased demand for metals in industries such as construction and transportation. Rapid urbanization, rise in disposable income, and industrialization across the globe are boosting demand for flotation reagents from these end-use industries. However, stringent government regulations regarding reagent usage during mining is expected to hamper the flotation reagents market during the forecast period.
Floatation Reagents Market: Segmentation
The global floatation reagents market can be segmented based on by type, application and region.
Based on type, the flotation reagents market can be categorized into flocculants, collectors, frothers, and dispersants. Flocculants are used in in raw water treatment, surface treatment, petroleum refinery effluent, and in the paper industry. Flocculants plays vital role in separation techniques for portable, domestic, and industrial wastewater treatment plants. The flocculants segment is projected to expand rapidly, due to the increased use of flocculants in water & wastewater treatment and mineral processing.
In terms of application, the global floatation reagents market can be divided into explosives & drilling, mineral processing, and water & wastewater treatment. Factors such as strict environmental regulations, decrease in water wastage, and high demand for improved quality of water are likely to drive the water & wastewater treatment segment.
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