MINING FLOATATION CHEMICALS MARKET ANALYSIS
The Global Mining Floatation Chemicals Market is projected to surpass US$ 16.5 Billion by the end of 2030, in terms of revenue, growing at a CAGR of 5.2% during the forecast period (2023 to 2030).
Asia Pacific dominated the Global Mining Floatation Chemicals Market in 2022, reporting a 33% market share in terms of revenue, followed by North America and Europe, respectively.
On the basis of chemical type, collectors dominated the Global Mining Floatation Chemicals Market in 2022 with around 28% of the market share in terms of revenue, followed by flocculants and frothers, respectively.
Global Mining Floatation Chemicals Market: Market Segmentation
Global Mining Floatation Chemicals Market- Impact of Coronavirus (Covid-19) Pandemic
During the COVID-19 pandemic, many industries suffered a tumultuous time, and it was no different for the global mining flotation chemicals market. Many governments across the globe implemented lockdown regulations, and factories and production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed lockdown protocols. Some of these impacts include the suspension of mining production and the reduction of sales of minerals in the market. Some of the main verticals of the mining industry include the energy sector and the manufacturing sector.
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