By the end of 2027, the mining collectors market is projected to have grown to a value of about US$ 10,681.1 Mn, with a CAGR of 5.8% between 2018 and 2027. The effectiveness of various additional downstream end-use industries affects the performance of the global mining industry.
Mining collectors, also known as flotation collectors, are chemicals used in the process of froth flotation to enhance the efficiency of separating valuable minerals from the ore. Froth flotation is a mineral processing technique that uses air bubbles to selectively separate hydrophobic materials from hydrophilic ones. In this process, collectors are added to the ore slurry to make the surface of the valuable mineral particles hydrophobic, causing them to attach to air bubbles and float to the top of the flotation cell. The unwanted gangue material, which is hydrophilic, sinks to the bottom.
Mining collectors are essential for efficient mineral processing and are typically organic compounds that are selectively adsorbed onto the surface of the mineral particles. The most commonly used collectors include xanthates, dithiocarbamates, and dithiophosphates. Each type of collector has its specific chemical structure, which determines its selectivity and efficiency in the flotation process.
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Key Trends Likely to Shape the Future Course of Mining Collectors
- Increasing preference for potassium-based Xanthates given its high extraction strength from low grade ores versus traditional sodium based xanthates (ethyl xanthates).
- Noticeable investments in expanding the application scope of Xanthates in rubber processing and agrochemicals processing.
- To better cater to the growing demand for mining collectors from end-use industries, such as mining, agrochemicals, and rubber processing applications globally, manufacturers are focusing on strategically expanding their capacities while also directing their efforts towards ensuring a steady supply and access to key raw materials such as amyl alcohol and others.
Latin America to Retain Dominance with Increased Investments in Mining Activities
The moderate growth in the mining collectors market is supported by an increased supply and demand scenario in China. FMI analysis also indicates that apart from China, Latin America and MEA form a major market for mining collectors, supported by increasing metal mining activities for precious metals such as gold and platinum, in the region.
North America mining industry is expected to grow significantly in the second half of the forecast period as mining companies shift their focus towards extraction of ores from deep underground reserves, to sustain in the market, thereby increasing the demand for mining collectors for flotation process.
Eastern Europe, on the other hand, is also likely to exhibit potential investment opportunities with a key focus on Russia and the region’s significant reserve of metals and non-metals.
Safer Alternatives Get Applauded; Environmental Challenges to Restrict Market Growth
Since mining collectors are unstable and toxic in nature, its transportation poses serious threats, pushing manufacturers such as Cytec and Clariant to develop environmental friendly alternatives and likely to further impact the global adoption scenario of mining collectors. More recently, Solvay Group launched a new range of collectors, HOSTAFLOT, replacing Xanthates in the traditional sulfide flotation applications. Apart from being a cheaper alternative, the new product uses sustainable raw materials, is safer to handle, and also offers a longer shelf life compared to Xanthates. In addition, while ores are becoming difficult to treat and environmental regulations are becoming more stringent. Water use and conservation is a major concern. Hence, there is an increasing focus on the development of specialty reagents that can meet the needs for treating difficult ores and combat environmental challenges.
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.
Mining Collectors Market: Segmentation
Product Type
- Xanthates
- Dithiophosphates
- Dithiocarbamates
- Others
Ore Type
- Sulfide
- Non-Sulfide
Region
- North America
- Latin America
- Europe
- APEC (Asia Pacific Excluding China)
- China
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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