Froth Flotation Chemicals Market to Grow at CAGR of 3.74%, to 2022
Print this Article | Send to Colleague
Modor Intelligence, Hyderabad, India, has released a new report on froth flotation chemicals used in deinking and recycling in the global paper industry. Report expects market to reach $2,133.44 million by 2022.
The Global Froth Flotation Chemicals industry is rapidly emerging due to considerable applications in the paper and mining industries. Froth flotation chemicals are used mainly in the pulp and paper industry for deinking waste paper and paper recycling. In the mining industry thy are used for recovering minerals from the slurry, separation of impurities, purification of certain minerals, and many other applications. These chemicals are also employed in wastewater treatment and have other major uses. The various major players in this market use their own formulations with intermediates to prepare different types of froth flotation chemicals. Various types of froth flotation chemicals, such as, collectors, depressants, frothers, and activators, are manufactured and supplied by a number of froth flotation chemical manufacturers, including BASF SE, Clariant, Cytec Solvay, and Akzo Nobel.
The global froth flotation chemicals market is expected to be valued at $1,775.38 million in 2017 and is likely to reach $2,133.44 million by 2022. Alongside, the anionic type of collectors are estimated to have the highest market share, with ~63%, in terms of volume in year 2016.
The froth flotation chemicals market has been segmented by reagent type into collectors, frothers, modifiers, etc. Increasing concerns for the environment have led to increased paper recycling. Due to the requirement of froth flotation chemicals in paper recycling, it is eventually expected to boost the market for froth flotation chemicals.
On a global basis, the Asia-Pacific region is expected to dominate the market share, in terms of revenue, among other regions such as Asia-Pacific, North America, Europe, South America, and Middle East & Africa. However, the Asia-Pacific region is expected to witness the highest CAGR over the forecast period.
The global froth flotation chemicals market is expected to register a CAGR of 3.74%, by revenue during the forecast period.
