MINING FLOATATION CHEMICALS MARKET ANALYSIS

Market Challenges And Opportunities

Global Mining Floatation Chemicals Market: Growth Drivers

Declining Ore Quality Consolidate the Demand in Mining Flotation Chemicals Market

Over the past few years, the average copper ore grade has drastically decreased. Mineral ores' grades are declining due to aging mineral resources. As more chemicals are needed to recover the desired mineral, the need for mining flotation chemicals rises as ore grades deteriorate.

Increasing transportation costs and hefty import taxes have caused mining flotation chemicals, especially chemical reagents used to enhance mineral grade, to fluctuate in price.

Demand for Collectors to Push Mining Flotation Chemicals Market

Chemical companies involved in mining flotation are presently concentrating on understanding improved flotation collector responses to various mineralogy species. The market for mining flotation chemicals has recently seen a trend towards the development of novel frothers. In addition to improving bubble strength, switching from high molecular structure glycol-based frothers to MIBC allowed for coarser grinding in the mill.

Mining flotation chemical industries are concentrating on improving their understanding of how flotation collectors react to various mineralogy species and customizing collector combinations to improve complicated ore processing efficiency. Manufacturers are working to have a better grasp of consumer wants to supply customized reagents.

• Declining Ore Quality Consolidate the Demand in Mining Flotation Chemicals Market
• Demand for Collectors to Push Mining Flotation Chemicals Market

Global Mining Floatation Chemicals Market: Restraints

High Logistic Costs

The global market is quite competitive. Therefore, product pricing is exceptionally crucial. Logistics plays a significant role in detecting the prices of mining chemicals. Logistics costs mainly account for around 20% or more of the overall cost of any mining chemical. In addition, the overseas shipment cost is always high in almost all the countries across the world, which affects the market negatively. Manufacturers or suppliers must constantly evaluate the logistic cost and transportation possibilities, which are likely to provide the best economies of scale, provide the best quality products, and on-time delivery to the clients or customers.

• High Logistic Cost