Froth Flotation Chemicals Market

Global Froth Flotation Chemicals Market Outlook

The global froth flotation chemicals market is estimated at USD 1.8 Billion in 2022 and is forecast to surpass USD 2.4 Billion by 2032, growing at a CAGR of 2.4% from 2022 to 2032.

Report Attributes	Details
Base Year Value (2021A)	USD 1.7 Billion
Estimated Year Value (2022E)	USD 1.8 Billion
Projected Year Value (2032F)	USD 2.4 Billion
Global Growth Rate (2022-2032)	CAGR 2.4%
North America Market Share in 2021	~26%
North America Growth Rate (2022-2032)	CAGR ~2.6%
Collective Value Share (U.S, China, India) 2022: Top 3 Countries	~41%
Top 5 Companies Market Share in 2021	~20%
Key Companies Profiled	Air Products and Chemicals Inc. Chevron Phillips Chemical Co. Ltd. Huntsman Corporation Quadra Chemicals Clariant Nasaco International LLC SNF Group Cheminova AS Kemira Nouryon Coogee Chemicals Tieling Flotation Reagent Yantai Humon Chemical Other Market Players

2017-2021 Global Froth Flotation Chemicals Market Outlook in Comparison to 2022-2032 Growth Forecast

The escalating consumption of base metals like steel, aluminium, iron etc. coupled with the rising popularity of metals like platinum, gold, and silver are the chief factors driving the market globally. The augmented mining activities globally is anticipated to influence the froth flotation chemicals market positively. This is estimated to provide a gain of 178 BPS to the froth flotation chemicals market during the forecast years of 2022-2032.

The increasing industrialization has led to rise in usage of froth flotation chemicals in mining and paper and pulp industries is likely to impact positively on the market. Along with this, the technological innovations, acquisitions, and new launches, investment in research and development etc. are some of key strategies adopted by the market players to remain competitive in the market.

Fact.MR projects the froth flotation chemicals market is expected to witness exhibiting growth at 2.4% CAGR during 2022 and 2032 in comparison to a CAGR of 1.3% with which it grew from 2017 and 2021.

Rising Demand from Mining Industries to Propel Market Growth

The froth flotation chemicals are used greatly in the mining industry as numerous minerals such as quartz, barite, calcite, phosphate, feldspar, potash etc. are extracted using flotation method. The chemicals are used in the mining activities where they are employed in the extraction of minerals, by attaching them to air bubbles.

Moreover, with the increase in consumption of base metals, the mining activities have surged globally, therefore these factors are estimated to fuel growth of the market by 1.4X during the forecast years of 2022-2032.

Expanding Paper & Pulp Industry to Spur Market Demand

One of the largest industries currently is paper and pulp industries and owing to the rising distresses regarding ecological damage and safety, the paper recycling is gaining popularity globally. The recycling of paper and pulp is being carried out extensively globally to reduce deforestation and narrow down the harmful impacts on climate.

Thus, the froth flotation is widely used for recycling paper and the chemicals aid in withdrawal of hydrophobic pollutants from recycled materials to provide fresh material. Therefore, the rising focus on recycling paper and pulp is likely to fuel froth flotation chemicals market by 1/7th in coming years.

Environmental Pollution Acting as a Market Deterrent

As froth flotation chemicals are used extensively in the mining industry, its usage creates chemical waste harmful for the environment. This large amount of waste is called tailings which contains dangerous minerals that carries with them the capability of polluting and damaging the environment, polluting atmosphere and ground water bodies as well. Therefore, this factors is likely to act as a market deterrent and may restrict froth flotation chemicals market growth by 0.7X during the forecast years of 2022-2032.

Region-wise Insights

Which region accounts for more enhanced demand for Froth Flotation Chemicals Market?

North America froth flotation chemicals market accounts for the largest market share of 25.8%. The region is projected to register a CAGR of 2.6% during the forecast years. Attributed to the major investments in industrializations spurring the demand for metals and minerals is supporting market demand.

In addition to this, the introduction of eco-friendly product offerings and ore quality issues is a positive influencer in the adoption of froth flotation chemicals and is likely to support market demand positively in coming years. However, the stringent regulations and policies along with changing regulatory landscape with respect to mining are likely to hamper market growth in the North American region in coming years.

What is the market scenario in East Asia and South Asia & Oceania Froth Flotation Chemicals Market?

The East Asia froth flotation chemicals market holds 21.3% of the overall market share and is projected to grow at a CAGR of 2.8% during the forecast years. The South Asia & Oceania froth flotation chemicals market holds 20.3% of the overall market share and is projected to register a CAGR of 3.2% over the assessment years.

The rising consumption of froth flotation chemicals owing to increase in mining operations is fueling market growth of froth flotation chemicals market. Attributed to the presence of large mineral and metal reserves in the region along with the distribution of minerals, ferrous and non-ferrous minerals is driving demand in the market. Additionally, the rise in infrastructural development, power and cement industries, automotive development, coupled with government support are likely to impact positively on the growth of froth flotation chemicals market in coming years

Category-wise Insights

Which reagent type segment is estimated to support market growth in the Froth Flotation Chemicals Market during the forecast period?

Under the reagent type segment, the froth flotation chemicals market is segmented into collectors, frothers, modifiers, others. Amongst them, the collectors segment leads the market by holding 36.7% of the market share and is projected to register CAGR of 3.2%. The collectors holding the major market share is attributed to their properties of boosting wettability of minerals, separation of mixtures, and reducing mixture stability etc., influencing positively on the segment.

The next leading segment are frothers, and modifiers, which holds 26.4% and 21.3% of the market share and are projected to grow at a CAGR of 2.8% and 2.4% during the forecast years of 2022-2032.

Which end-user industry holds dominant market share and is likely to show higher growth in Froth Flotation Chemicals Market over the assessment period?

The froth flotation chemicals under end-user industry is segmented into mining, paper and pulp industry, water treatment etc. Amongst them, the mining industry leads the segment by holding 39.8% of the froth flotation chemicals market and is projected to grow at a CAGR of 2.9% during the forecast years. This is attributed to the rising mining activities globally and enhanced usage of froth flotation chemicals in the mining industry which is likely to support market demand in coming years.

The next leading segments are paper and pulp industry and water treatment which holds 26.3% and 21.2% of the overall market share and are projected to register CAGR of 2.5% and 3.2% during the forecast period of 2022-2032.

Competitive Landscape: Top Companies in Froth Flotation Chemicals Market

The global froth flotation chemicals market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the manufacturing of froth flotation chemicals.

Fact.MR has provided detailed information about price points of key manufacturers in froth flotation chemicals market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

1. Air Products and Chemicals Inc. acquired five operating hydrogen plants from PBF Energy in 2020. This acquisition will result in long-term supply of hydrogen from plants to refineries. In addition to this, it acquired the remaining stake in China Shenhua Coal to Liquid and Chemical Co. Ltd in 2021. It is a joint venture in gasification technology with a subsidiary of China Energy Group. This acquisition is likely to strengthen the gasification technology portfolio and will aid in integration of engineering and technical resources in China
2. Huntsman Corporation announced the acquisition of CVC Thermoset Specialties in 2020. This acquisition will help in the expansion of specialty chemicals portfolio and will help in strengthening the position in North America, Europe and Asia to rapidly grow and globalize product range

Global Froth Flotation Chemicals Market by Category

• By Reagent Type, Global Froth Flotation Chemicals Market is segmented as :

  • Collectors
    • Xanthanate Salts
    • Fatty Acids
    • Others
  • Frothers
    • Alcohols
    • Polyglycol Ethers
    • Methyl Isobutyl Carbinol
  • Modifiers
    • pH Modifiers
    • Depressants
    • Activators
    • Deactivators
  • Others

• By End-User, Global Froth Flotation Chemicals Market is segmented as :

  • Mining Industry
  • Paper and Pulp Industry
  • Water Treatment
  • Others

• By Region, Global Froth Flotation Chemicals Market is segmented as :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA