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Flotation Reagents Market Size

  • Report ID: GMI4082
  • Published Date: Aug 2023
  • Report Format: PDF

Flotation Reagents Market Size

Flotation Reagents Market size was valued at around USD 5.5 billion in 2022 and is anticipated to grow at a CAGR of 4.2% between 2024 and 2032. As ore deposits become more complex and lower-grade, the need for effective separation techniques like flotation increases, driving demand for flotation reagents. The increasing demand for metals and minerals in various industries, including construction, electronics, and automotive, fuels the need for efficient mineral extraction methods.

 

Lower-grade ores often contain higher amounts of gangue minerals, requiring specialized flotation reagents to selectively separate valuable minerals. Ongoing research and development efforts lead to the development of more effective and selective reagent formulations for specific mineral types.

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for flotation reagents was valued at USD 5.5 billion in 2023 and will reach USD 8 billion by 2032 due to the increasing need for metals and minerals among various industries worldwide.

Flotation reagents industry size from the collector type segment recorded USD 1.1 billion in 2022 and will witness significant growth from 2023-2032 on account of its ability to selectively attach to specific minerals.

U.S. flotation reagents recorded USD 1.4 billion in revenue in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the presence of wide range of mineral deposits in the region.

BASF SE, Clariant AG, Cytec Solvay Group, Kemira Oyj, Akzo Nobel N.V., SNF Group, Orica Limited, Huntsman Corporation, and Chevron Phillips Chemical Company, are some of the major flotation reagent companies worldwide.

Flotation Reagents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 22
  • Pages: 150
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