The report on the Flotation Reagents Market published by Stratview Research covers in depth details associated with the Flotation Reagents Market.
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The Flotation Reagents Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Flotation Reagents Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Flotation Reagents Market:
Akzo Nobel N.V.
BASF SE
Clariant AG
Cytec Solvay Group
Cochran Chemical Company Inc.
The DOW Chemical Company
Evonik Industries
Hychem, Inc.
Kemira OYJ
Nasaco International Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Flotation Reagents Market value and growth drivers over the trend period of 2022-27. According to the report –
Flotation Reagents Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The global flotation reagents market is driven by its growing engagement in explosives & drilling, water & wastewater treatment, and mineral processing applications. The market has portrayed phenomenal growth in the present years, owing to growing investment in various mining ventures in Asia-Pacific and South America. Rapid industrialization and urbanization in major economies, such as China and India have bolstered the claim for metals and minerals in the previous few years.
Segment Analysis:
Based on Type:
Based on the type, the market is segmented as flocculants, collectors, frothers, dispersants, and others. The flocculants segment registered the highest growth in 2018, in terms of value, and is likely to remain dominant during the forecast period. The growth is owing to their rising consumption in a wide range of mines and mineral processing plants, varying from coal to base and precious metals.
Based on Region:
In terms of regions, Asia-Pacific is estimated to depict the highest growth, in terms of value, in the coming five years. The market in the region is chiefly driven by the rapid development of economies, which is alluring enormous investments from global mining companies. The region is also observing high claim for flotation reagents, especially from China, Japan, India, and other Southeast Asian countries. Factors such as presence of massive mineral resources of zinc, copper, coal, and aluminum and stringent regulations imposed by government on wastewater treatment are further driving the growth of the flotation reagents market in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Critical Questions Answered in the Report
- What are the key trends in the Flotation Reagents Market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on Flotation Reagents Market?
- What are the key strategies adopted by the major vendors to lead in the Flotation Reagents Market?
- What is the market share of the top vendors?
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