Global Flotation Reagents Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

DRIVERS:

Growing Demand of Metal Mining

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The minerals have crucial role in our life from ground to smelting, processing and trading to reach our homes and communities. Thus, there is a huge demand for the minerals and metals all around the world which is leading to the increase in the mining projects. The flotation reagent helps in liberating the specific minerals or metals from the gangue and producing concentrated grade. The top mining companies are making massive investments in innovative technologies such as Internet of Things (IoT), autonomous systems and other sensing technologies which demands metal component as its major part.

  • In June 2018, Anglo American agreed on increasing the stake by USD 600 Million with Mitsubishi Corp Quellaveco copper project in Peru. It is the world’s largest deposits mineral and help in injecting some development in local economy.

Rising Utilization in Explosives

The application of flotation reagents in explosives is to disperse the ore and generate high volume minerals or metals. The floating reagents are added to the explosives making it extremely sensitive to heat, static electricity, friction and impact. Lead azide, mercury fulminate or PETN are generally used in the mining activities. Explosives are used in the mining of variety of minerals such as gold, copper, iron ore, tin, zinc, titanium, bauxite and nickel. The government policies on the liberalization of minerals have attracted various foreign market players to promote the extraction and manufacturing of the minerals.

  • In February 2018, Australian Research Council announced the research and development project on the emulsion explosives for rock blasting in extreme geothermal environments. This will help in extraction of precious mineral deposits with more safety and efficiency.

RESTRAINT:

Limited Industrial Usage of Cationic Flotation Reagents

The cationic flotation reagent makes the extraction procedure costly due to over and over usage in the recovery of the metals. Also, cationic flotation reagent is limited to flotation of silicates and rare-metal oxides. As in these ores, the metal and silica floats together on the surface so the cationic reagents are used in ample amount to recover the metal of mineral from the gangue and sludge created. The cost of unit in the cationic floatation reagent is several times higher than the anionic reagent.

The cationic reagents are very sensitive in the presence of slimes and can influence the minerals if the properties are unmatched. Also, the activity of the cationic flotation reagents depends on the size of the particles; it works efficiently on the coarse particles than on fine particles.

OPPORTUNITY

PROCESSING OF WASTE PRODUCTS FROM NUCLEAR REACTORS

The froth flotation apart from managing common industrial and water waste management, it is also applicable in the processing of waste products from nuclear reactors. The nuclear wastes are one of the major concerns of the industries to segregate from the usual wastes. Theses wastes can be produced during the mining/mineral operations and nuclear operation.

The processing is vital for the reduction of harmful effects from the nuclear reactor. During the nuclear operation large amount of flotation waste is created which needs to be managed. The floatation reagent helps in making radiation of the waste products stable and reduces the heat. The process is an effective way of demineralization and decontamination of the waste products coming from nuclear reactors. The radioactive waste concentrates with the sludge need to be settle and it is feasible by carrying out whole precipitation, flocculation and sedimentation process by flotation reagent.

As there are various mining and other operation activities are coming into action which demands the nuclear reactors, so there is huge opportunity for the flotation reagent market to grow in terms of managing the nuclear wastes.

CHALLENGE

The Low Rate of Flotation of Fine Particles

The major problem with the froth flotation is the flow rate. The flotation experiment or process is carried out in a cell of specific size and volume for the generation of bubble of known size depending upon the requirement. The turbulence level generates the bubble of required size and also size of the substrate or particle regulates the flow speed of the process.

The major cause of decrease in the flotation of the fine particles is due to the high solid feed. The turbulence is high in the flotation cell increases particle and bubble collision due to large volume. The degree of liberation of the precious minerals in particles increases with decreased particle size.

 Major Players: Global Flotation Reagents Market

Some of the Major Players Operating in this Market are:

  • Huntsman International LLC.
  • Akzo Nobel N.V.
  • Solvay
  • BASF SE
  • EVONIK INDUSTRIES
  • Clariant
  • The Dow Chemical Company
  • Kemira
  • SNF Group
  • Orica Limited
  • Hychem, Inc.
  • Ecolab
  • Solenis
  • Cochran Chemical Company Inc.
  • IXOM
  • Exxon Mobil Corporation
  • Shandong Acid Technology Co., Ltd.
  • ArrMaz
  • CP Kelco
  • Moly-cop
  • NALCO
  • Teiling Beneficiation Reagent Co. Ltd.
  • Air Products and Chemical
  • Chevron Philips Technology Company
  • Ashland