Author: Himanshu Patni
21 November 2022
Flotation reagents refer to the agent that is used in the mineral flotation process, which can adjust the flotation behavior of minerals thus achieving a good effect of mineral separation. In addition, using flotation reagents is the most flexible, effective, and convenient method of controlling the flotation process. As this process involves the aeration of minerals in water during the presence of flotation reagents. Flotation reagents include pH promoters, regulators, conditioning agents, slime dispersants, sulphidizers, activators, and others. They are available in various forms such as – solid, pellets, and liquid forms. Few flotation reagents are available in various types which are – nonionic, cationic, or anionic. Thus, the global flotation reagents market is expected to witness a CAGR of around 5% during the forecast period (2021–2027).
However, COVID – 19 has devasted the global economy due to which many sectors experienced a downfall. Several countries enforced nationwide lockdowns as part of measures to limit the spread of the coronavirus. The growth of the flotation reagents market was also affected due to the shutdown of manufacturing activities and the decline in demand for commercial services in 2020. In addition, volatility in the prices of reagents during the pandemic further aggravated the impact on the market of flotation reagents. As the COVID has shifted toward clean energy and net-zero emissions which is expected to encourage the demand for renewables over the next few years, minimizing the reliance on oil, gas, and coal, that will drive the market of using flotation reagents during the forecasted period.
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Based on type, the market is fragmented into flocculants, collectors, frothers, dispersants, and others. During the forecast period, the frothers segment is likely to dominate the global flotation reagents market. The use of frothers is increasing as it plays multiple roles as a flotation reagent in different particulate matters. In addition, froth flotation is a process for selectively separating hydrophobic materials from hydrophilic. This is used in mineral processing, paper recycling, and waste-water treatment industries. Factors such as rising awareness among manufacturers and consumers to recycle paper to achieve sustainability are escalating the market size of the flotation reagents market.
Based on application, the market is fragmented into water & wastewater treatment, explosives & drilling, paper recycling, industrial processing, and others. During the forecast period, the water & wastewater treatment segment is likely to dominate the global flotation reagents market. In addition, many industries discard various contaminated chemical water which contains injurious synthetic compounds which are anticipated to deploy the waste & wastewater treatment that will positively impact the growth of the flotation reagents market.
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For a better understanding of the market adoption of the flotation reagent, the market is analyzed based on its worldwide presence in the regions such as North America; Europe; Asia-Pacific; and the Rest of World. Asia- Pacific is one of the fastest-growing regions for flotation reagents due to its rapid population growth which is leading to the demand for clean drinking water within the region. In addition, India’s water demand is rapidly growing, and the government is also taking various measures and implementing policies toward clean water. Hence, this will increase the wastewater within the nation and that will positively affect the growth of the floatation reagent market.
Some of the major players operating in the market include BASF SE, Cytec Solvay Group, Orica, Dow Chemical, Kao Corporation, Clariant AG, Evonik, Huntsman Corporation, Kemira Oyj, and AkzoNobel. Several M&As along with partnerships have been undertaken by these players to develop the flotation reagents market.
Global Flotation Reagents Market Segmentation
Market Insight, by Type
Market Insight, by Application
• Water & Wastewater treatment
• Explosives & Drilling• Paper Recycling• Industrial Processing• Others
Market Insight, by Region
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