Albany, New York, May 15, 2017: Market Research Reports Search Engine (MRRSE) has announced the addition of a new research report to its resourceful database. The research report, titled “Mining Flotation Chemicals Market: Global Industry Analysis and Opportunity Assessment, 2014-2020,” highlights the trends and dynamics present in this market. The research report forecasts the growth of the global mining flotation chemicals market. According to the report, the overall market is poised to surge at a CAGR of 4.7% between 2015 and 2020. The market was valued at US$8.0 bn in 2014 and is expected to grow 1.3 times in the forecast period.

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Chemicals used for processing ores for the extraction of minerals are called mining flotation chemicals. In the recent past, these chemicals have witnessed a massive surge due to the rise in construction activities and technological innovations brought into the processing of minerals. The construction industry uses minerals for making wires, steel, and frames of buildings. The growing number of projects owing to stabilizing economies is likely to spur the demand for minerals in the near future. Furthermore, the increasing demand for purer minerals is driving the global mining flotation chemicals. The rampant urbanization is also changing the growth dynamics of this market.

The global mining flotation chemicals market is segmented on the basis of types of ore, types of chemicals, and geography. Depending on the types of ores, this market is segmented into non-sulfide ore and sulfide ore. The chemicals used for processing these ores are frothers, collectors, activators, dispersants, depressants, and flocculants. Geographically, this market is segmented into Asia Pacific excluding Japan (APEJ), Western Europe, North America, Eastern Europe, Latin America, the Middle East and Africa, and Japan.

The restraint in the global mining flotation chemicals market is the transportation and logistics cost that adds up to the final cost of the products, thereby hampering its sale. Furthermore, the import duties levied on the reagents used for the production of mining flotation chemicals have added to the pricing, which makes the buyer price-conscious, thereby limiting the growth of the market.

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Some of the key players in the global mining flotation chemicals market are Beijing Hengju Chemical Industry Co. Ltd., Cytec Industries Inc., Kemira Oyj, Huntsman Corporation, Clariant, BASF SE, Nasaco International LLC., Air Products & Chemicals Inc., Cheminova A/S, and Chevron Philips Chemical Company LLC. The research report explains the competitive landscape in the global mining flotation chemicals market thoroughly by analyzing the management styles of these players and their diversification plans for the near future. Additionally, the research report provides an assessment of the financial overview, research and development strategies, investment overview, and business and marketing strategies for the near future.

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