Flotation Reagents Market Size and Growth Rate:
According to the recent research reports published by Research Cosmos, Flotation Reagents Market was valued at USD 3.75 billion in 2018 and estimated to grow at a decent CAGR of 5.5% during the forecast period 2018 to 2023 to reach USD 4.95 billion by 2023
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Flotation Reagents Market Overview:
The demand for flotation reagents in the world market has increased due to their remarkable properties during chemical separation and purification. Several industrial processes are carried out using flotation reagents, and the effectiveness of these reagents in those processes is one of the main reasons for their popularity.
The flotation reagents give the minerals a level of hydrophobicity that results in the dissolution of these mineral particles from the solution in which they are suspended. Therefore, this unique mode of separation has become one of the main reasons for the growth of the global flotation reagent market and new industries have compensated for the use of flotation techniques to effect industrial separation. The separation of fine minerals is a complex process that requires a high degree of thoroughness and precision, and the flotation provides it at a macroeconomic level. As a result, the global flotation reagent market is expected to grow at a rapid pace as new industries emerge at the forefront of the commercial landscape.
Flotation Reagents Market Growth Drivers and Restraints:
The global flotation reagent market is expected to grow at a stellar pace as new chemical separation technologies are adopted in various industries. The field of explosives is a key consumer of flotation reagents, which has contributed to the growth of the global market. In addition, the treatment of minerals or the separation of minerals finely released from different solutions is also a key process that involves the use of these reagents. As a result, the growth of the flotation reagent market would increase as the importance of mineral extraction extends throughout the world. The treatment of wastewater is one of the main factors that drive their demand in the world market, which is extremely useful for water purification and the treatment of contaminated water.
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Flotation Reagents Market Geographical Segmentation:
According to geography, the market demand for flotation reagents in North America is reaching new levels as better wastewater treatment technologies are accepted in the United States and Canada. In addition, the relevance of industrial separation in several industries is also a key factor in the demand for these reagents in North America. The market in Europe is growing along with the progress of the explosives and drilling industries.
Key Players of the Flotation Reagents Market:
Some of the key players in the global flotation reagents market are Cytec Solvay Group, Kemira OYJ, SNF FLOERGER SAS, Dow Chemical, and Orica.
Flotation Reagents Market Segmentation:
· Explosives and Drilling
· Mineral Processing
· Waste and Wastewater Treatment
· North America
· South America
· Asia Pacific
· Middle East and Africa
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