Mining Collectors Market By Product Type (Xanthates, Dithiophosphates, Dithiocarbamates, Others), Ore Type (Sulfide, Non-Sulfide) & Region - Forecast 2019–2027
Mining Collectors Market - Analysis, Outlook, Growth, Trends, Forecasts
- December 2018
- 145 pages
- Chemicals & Materials
The Mining Collectors market report covers comprehensive information about market volume (tons) and value (US$ Mn) projections, market dynamics, market opportunities, competition and recent developments in the global Mining Collectors market for the study period 2018 to 2027.
The global Mining Collectors market is anticipated to reach a value of over US$ 10,681.1 Mn by the end of 2027 while registering a CAGR of 5.8% between 2018 and 2027. The performance of the global mining industry depends on the performance of numerous further down-stream end-use sectors.
Moreover, the growth of the mining industry is also dependent on the economic scenario globally. Political turmoil, growing protectionism and slow economic growth are some of the factors influencing the mining industry negatively.
Over the past few years, mining activities have progressed significantly, thus driving the overall economy. Expanding mining activities have resulted in growing demand for mining flotation chamicals and associated process and therefore, the demand for Mining Collectors has escalated in the last few years.
Increasing foreign and local investments in the Middle East and Latin America mining industry are also expected to drive the Mining Collectors market over the years.
A Brief Overview of the Research Methodology of Mining Collectors Market
FMI used a triangulation methodology and modelling-based approach, which included hypothesis generation, fact collection, company analysis, pricing analysis, forecast development and competition mapping of key Mining Collectors market players and followers, to arrive at the conclusions drawn in this report.
To estimate the global volume (tons) consumption of Mining Collectors, the market data was further verified with supply-demand scenario wherein production capacities of the key market players were tracked to analyze the global scenario for Mining Collectors.
The Mining Collectors pricing analysis has been done from the manufacturing side for product type segments, including xanthates, dithiophosphates, dithiocarbamates and others.
Report Methodology and Analysis
This report on the Mining Collectors market is a syndicated research report, structured on the basis of a predefined scope. The key intent of the report is to highlight the volume sales in terms of tons for Mining Collectors across key geographical regions.
The Mining Collectors market report comprises numerous market analysis frameworks, such as year-on-year growth, market attractiveness, BPS analysis and incremental $ opportunity index.
These market outlines provide clients with a detailed understanding of the Mining Collectors market, classifying the relatively broad scope of the market and also giving them an idea about the recent trends in the Mining Collectors market.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Increasing Mining and Exploration Activities to Drive Mining Collectors Market Growth
The global Mining Collectors market is expected to expand at a rate of 5.8 % during the forecast period. Developing economies, such as China, Brazil, Peru, South Africa and others, are estimated to exhibit high potential in the Mining Collectors market during the forecast period.
Governments and mining firms in developing countries are focusing on tapping a majority of mineral resources through mining to drive economic growth to maximize development.
On the basis of product type, xanthates are the most commonly used Mining Collectors. Dithiophosphates and dithiocarbamates, on the other hand, are expected to grow at substantial CAGR over the forecast period.
Manufacturers are focusing on the production of economical xanthates, such as sodium-based and other alternatives, such as dithiocarbamates and dithiophosphates, which are increasingly used as replacements for xanthates.
The Sulfide ores segment dominates the Mining Collectors market in terms of both value and volume. This trend is expected to follow throughout the forecast period. The growth of the segment can mainly be attributed to rapid urbanization and industrialization, particularly in developing countries, such as India and China.
Increasing demand for high grade products and reducing the quality of ores is among the key factors contributing to the shifting trend from sulfide to non-sulfide ores.
Advancements and Innovations in Mining Collectors Product Types
Traditionally, ore processors prefer sodium based xanthates for the extraction of minerals. However, in the recent past, consumer preference has shifted towards potassium based xanthates Mining Collectors.
Potassium based xanthates are stronger and more selective as compared to conventional sodium based xanthates (ethyl xanthates), which are cheaper but inefficient in the extraction of minerals from low-grade ores with mineral content <1%.
The major players in the Mining Collectors market are focusing on providing customized specialty Mining Collectors which are suitable for particular mines. They are using this as a differentiating strategy in order to win an edge over the other players in the market.
A series of different types of xanthates are tested according to ores extracted from particular mines and then the best suited xanthate is used as a mining collector.
Key Market Players in Mining Collectors Market
Some of the players operating in the Mining Collectors market and covered under the scope of this study are Senmin International Limited, Coogee Chemicals Pty Limited, SNF FloMin Inc., Orica Ltd, CTC mining and Vanderbilt Chemicals, LLC.
China-based players in the Mining Collectors market include Tieling Flotation Reagents Co., Ltd, QiXia TongDa Flotation Reagent Co., Limited, Hainan Huarong Chemical Co., Ltd, Yantai Humon Chemical Auxiliary Co Ltd and others.
Mining Collectors Market: Segmentation
- North America
- Latin America
- APEC (Asia Pacific Excluding China)
- Middle East and Africa