DUBLIN--(BUSINESS WIRE)--The "Froth Flotation Equipment Market by Machine Type (Cell-to-Cell Flotation, and Free-Flow Flotation), Component, Application (Mineral & Ore Processing, Wastewater Treatment, and Paper Recycling), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global froth flotation equipment market size was USD 330.0 million in 2019 and is projected to reach USD 375.4 million by 2025, at a CAGR of 6.0% between 2020 and 2025.
The froth flotation equipment market is driven by various factors, such as increasing investment in mining industries in APAC and South America, and stringent regulations pertaining to emission and treatment of municipal and industrial waste. However, the slow growth of the mining industries in developed countries can hinder the growth of the market.
The free-flow flotation is expected to grow at a higher CAGR during the forecast period.
Free-flow flotation is the fastest-growing machine type segment in terms of value between 2020 and 2025. Free-flow flotation to witness high growth due to its increasing demand for various applications such as mineral & ore processing and wastewater treatment. These types of machines provide mineral beneficiation to achieve higher profits from their concentrate, lower shipping costs, decreasing plant footprint, and lower smelter penalties. Column flotation is one of the major machines used for free-flow flotation
The mineral & ore processing is expected to hold the largest market share during the forecast period.
Mineral & Ore processing is the largest application of the froth flotation equipment market owing to increasing demand for good ore grades in the industry across the globe. The wastewater treatment segment is projected to register the highest CAGR during the forecast period. Some of the major factors driving this market are increased demand for better quality treated water, reduction in water wastage, and stringent environmental regulations. Recycling of water because of depleting freshwater resources is another important process where treatment is a necessary process.
APAC is expected to record the highest growth rate during the forecast period.
APAC is estimated to be the largest and the fastest-growing froth flotation equipment market during the forecast period. The growth of the market in this region is primarily attributed to the rapidly growing population, urbanization, and industrialization. The growing demand from the mineral & ore processing and wastewater treatment is playing a crucial role in fueling the market for froth flotation equipment in APAC. The favourable government initiatives of countries such as China and India are also expected to help the market growth in APAC. Meanwhile, South America is projected to hold the second-largest market size during the forecast period.
Market Dynamics
Drivers
- Increased Investments in Mining Industry in Apac and South America
- Stringent Regulations Pertaining to Emission and Treatment of Municipal and Industrial Waste
Restraints
- Slow Growth of the Mining Industry in Developed Countries
Opportunities
- High Demand for Large Size Flotation Cells
- Increase in Wastewater Treatment Due to Depleting Freshwater Resources
- Challenges
- Environmental Concerns Related to Mining Industry
Companies Profiled
- Metso Outotec
- JXSC
- FLSmidth
- Eriez Flotation
- Yantai Jingpeng Mining Machinery
- Sgs
- Shandong Xinhai Mining Technology & Equipment
- Tenova
- Della Toffola
- Prominer
- Ewac
- Henan Fote Heavy Machinery
- Shanghai Joyal Machinery
- Westpro
- Zoneding
For more information about this report visit https://www.researchandmarkets.com/r/dkrtsc
