Flotation Reagents Market Share

North American Market Forecasts

The flotation reagents market in the North America region is set to hold the largest revenue share of 35% during the forecast period 2024-2037. The revenue growth of the market in this region is driven by factors such as increasing demand for decontamination and treatment of domestic waste and industrial sewage, as well as an increasing number of mining activities. Demand for flotation reagents is also driven by government regulations in favour of the mining sector. On 12 September 2022 for instance, as per the U.S. Department of Interior, the mining law of the nation was revised and the unused law expressed that to advance settlement, the law allowed people to look open lands for rich minerals such as gold, silver, and copper stake a claim if minerals may well be misused productively, and obvious the claim, obtaining legitimate title to the range for a little charge. 

APAC Market Statistics

The flotation reagents market in the Asia Pacific region is set to grow significantly during the forecast period. Due to the huge demand for clean drinking water in this region, Asia Pacific is expected to be one of the most rapidly growing markets. There is a growing demand for efficient water and wastewater management in India, which is one of the countries that do not have clean drinking water. Right now, China is the largest iron ore mine producer with a production of 350 million metric ton in 2019. Consequently, demand for flotation reagents is expected to increase as a result of growing mining activities. Therefore, the flotation reagents market studied in this region is projected to be driven by increasing demand from different sectors together with government support over the forecast period.