Sarasota, FL -- (SBWIRE) -- 10/10/2018 -- Global Mining Flotation Chemicals Market: Overview

Mining flotation chemicals are used to separate minerals from their ores. This ore can either be sulfide or non-sulfide. These chemicals enable mineral floatation from the surface of rock by making use of specific chemicals, like flocculants, frothers, collectors, etc. Different minerals need different flotation chemicals, due to their varied surface flotation attributes, which are then applied in varied doses to their ores. Generally, mining flotation is used in the process of ore benefaction.

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Global Mining Flotation Chemicals Market: Growth Factors

The major growth driver in the global mining flotation chemicals market is the rise in the demand for various metals employed by various sectors, like construction, transportation, etc. This rising demand by these end-user sectors is driven by growing urbanization and industrialization rates around the world. There is an increase in the demand for extraction related to phosphate-based iron and mineral ore. The increase in the number of end-use industries such as construction, automotive, etc. and the expansion of the manufacturing sector are contributing to the increasing demand for the global mining flotation chemicals market. There is a decline in the existing mining sites related to ore grades, which has led to the exploration of undiscovered mining sites in several regions. Thus, these are some of the factors that are fuelling the growth of the mining flotation chemicals market.

Strict regulations passed by governments of some countries regarding chemical usage during mining is expected to hinder the growth of the mining flotation chemicals market among other factors.

Global Mining Flotation Chemicals Market: Segmentation

The global mining flotation chemicals market can be divided based on ore type and chemical type. Based on ore type, the market for mining flotation chemicals can be segmented into sulfide ore and non-sulfide ore. On the basis of chemical type, the mining flotation chemicals market can be divided into frothers, collectors, activators, dispersants, flocculants, and depressants, among others.

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Global Mining Flotation Chemicals Market: Regional Analysis

Based on regions, the global market for mining flotation chemicals can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific region is anticipated to hold a substantial share in the market for mining flotation chemicals in the upcoming years. This is due to the growing investments in this region's mining sector. Furthermore, depletion in ore grades of the existing mining sites leads to the exploration of newer sites in countries like India, Vietnam, Peru, Brazil, etc. Thus, Latin America and Asia Pacific regions will have good growth in the market for mining flotation chemicals. The European mining flotation chemicals market is expected to show slow growth in this market, owing to strict environmental policies related to mining in the region.

Global Mining Flotation Chemicals Market: Competitive Players

The key market players of global market for mining flotation chemicals include Solvay S.A., Senmin International, DownDuPont Inc., Axis House, Coogee Chemicals, Qixia TongDa Flotation Reagent, Beijing Hengju Chemical Industry, Yantai Humon Chemical Auxillary, Cytec Industries, Clariant AG, Nasaco International, Cheminova A/S, Kemira Oyj, Huntsman Corporation, BASF SE, CTC Mining, Air Products and Chemicals, and Chevron Phillips Chemical Company, among several others.

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