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The Froth Flotation Equipment Market size is estimated to grow by USD 99.84 million from 2023 to 2027 and the market’s growth momentum will accelerate at a CAGR of 5%. The growth of the market depends on several factors, including high demand for mineral and ore processing applications, increasing demand for froth flotation in the mining industry, and Increasing demand for good ore grades.
Froth flotation equipment is used to separate water-resistant material from hydrophilic. The application of equipment is used for mineral and ore processing, wastewater treatment, and paper recycling industries.
This report extensively covers market segmentation by type (free-flow flotation and cell-to-cell flotation), application (mineral and ore processing, wastewater treatment, and paper recycling), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Technavio categorizes the global froth flotation equipment market as a part of the global industrial machinery market. The parent global industrial machinery market covers companies engaged in the manufacturing of industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, handling equipment, lifting equipment, elevators, escalators, insulators, pumps, bearings, and other metal fabrications. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The high demand for mineral and ore processing applications is notably driving the market growth, although factors such as the slow growth of the mining industry in developed countries may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Froth Flotation Equipment Market Driver
The high demand from mineral and ore processing applications is notably driving the froth flotation equipment market growth. The mining industry is one of the largest end-users of froth flotation equipment. The equipment used in mining activities is based on the nature of the mine discovered. Froth flotation equipment is mainly adopted to extract minerals by allowing them to attach to air bubbles. The separation of specific minerals from the slurry is accomplished using the differences in the hydrophobic properties of the components. Flotation of several minerals, such as quartz, feldspar, calcite, barite, fluorspar, potash, phosphate, and others, is carried out using this equipment. Direct and reverse flotations are the two flotation approaches used, depending on the attachment manner of the mineral.
This equipment plays a key role in the processing of mineral ores. With the increase in demand for base metals (such as steel, iron, aluminium, and others) and precious metals (such as gold, silver, and platinum), mining activities related to the above-mentioned metals have surged worldwide. Froth flotation equipment helps boost the wettability of the needed minerals for the adsorption of molecules on the mineral surface to minimize mixture stability and separate the minerals. Thus, all the above-mentioned factors are expected to boost the demand for froth flotation equipment during the forecast period.
Key Froth Flotation Equipment Market Trend
Technological advancements are the primary trend driving the froth flotation equipment market growth. The vendors focus on end-users requirements and develop the equipment based on the latest technological developments, making them attractive to end-users. For instance, in November 2021, Metso Outotec Corp. launched groundbreaking Concorde Cell flotation technology for the efficient recovery of fine and ultra-fine particles. This innovative Planet Positive technology brings a new standard in high-intensity pneumatic flotation, minimizing plant operating costs and contributing to the sustainability of operations with lower water and energy consumption per ton of metal produced.
This new technology is the first fine and ultra-fine flotation solution for more finely disseminated and complex orebodies, which were formerly inaccessible. Furthermore, in November 2020, TAKRAF Group, through its well-known DELKOR brand, launched a new DELKOR BQR MAXGen flotation cell for best-in-class metallurgical performance. This new cell supports reduced operating costs along with lower power consumption. Therefore, technological advancements in the market are expected to boost the demand for froth flotation equipment during the forecast period.
Key Froth Flotation Equipment Market Challenge
The slow growth of the mining industry in developed countries is the major challenge impeding the froth flotation equipment market growth. In the past few years, developed countries in Europe and North America have observed slow or negative growth in the mining industry. Developed economies of Western Europe, such as the UK, Italy, France, Germany, and Spain, are not the preferred locations for mining and mineral processing activities. The global economic crisis hit the mining industry in Europe very badly in 2008.
The limited demand for mined commodities from major end-user industries such as transportation, infrastructure, and industrial equipment has resulted in the slow growth of the regional mining industry. On the other hand, in North America, factors such as high energy costs, stringent environmental regulations, low profitability, and weak domestic demand have contributed to the industry's slow growth. Hence, the sluggish growth of the mining industry in these regions is expected to hamper the market growth during the forecast period.
Key Froth Flotation Equipment Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Froth Flotation Equipment Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Westpro Machinery Co. - The company offers froth flotation equipment for mineral separation and industrial minerals. Through its unified segment, the company offers quality machinery, process technology, modular systems, and turnkey systems to the mining, aggregate, and wastewater industries.
The report also includes detailed analyses of the competitive landscape of the market and information about 13 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the free-flow floatation segment will be significant during the forecast period. Free-flow flotation is expected to witness high growth, which is attributed to its growing demand in several applications, such as wastewater treatment and mineral and ore processing. This type of equipment provides mineral beneficiation to mine operators thereby enabling them to attain higher profits from their concentrate, besides decreasing plant footprint and lowering smelter penalties and shipping costs.
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The free-flow floatation segment was valued at USD 194.96 million in 2017 and the segment continues to grow during the forecast period. Under this segment, the column flotation device is one of the key types of equipment that is used for free-flow flotation. Metso Outotec offers Microcell High Recovery Flotation Columns that are highly suitable for producing high concentrate grade mineral ores, improving plant profitability, and increasing product recovery. Such factors are expected to fuel the demand for free-flow flotation equipment, which, in turn, is expected to drive the growth of the market during the forecast period.
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APAC is projected to contribute 47% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The rapid growth of several industries, such as construction, automotive, and technology, has resulted in high demand for ferrous and non-ferrous metals, such as steel, aluminium, and copper, in the region. With most of the energy generation activities in APAC arising from thermal power plants, coal consumption is expected to grow steadily in the region. Indonesia and Australia account for more than half of the global coal export market. Vietnam has been turning from an exporter to an importer in the past decade due to a substantial increase in the demand for coal in the country. Also, the increasing demand for coal in APAC is driving coal mining activities in countries such as China and India, where the population is growing rapidly. This is driving the demand for mining equipment, including froth flotation equipment, in APAC.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for APAC. However, with the initiation of large-scale COVID-19 vaccination drives, the number of COVID-19 cases declined in 2021. This, in turn, resulted in the resumption of operations at manufacturing sites, as well as mining operations in the region. Such factors are anticipated to increase the demand for froth flotation equipment in the region during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Type (Free-flow flotation and Cell-to-cell flotation), Application (Mineral and ore processing, Wastewater treatment, and Paper recycling), and Geography (APAC, Europe, North America, South America, and Middle East and Africa).
Froth Flotation Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
150 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.35% |
Market growth 2023-2027 |
USD 99.84 million |
Market structure |
Concentrated |
YoY growth (%) |
3.52 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 47% |
Key countries |
US, Canada, China, Australia, and India |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Della Toffola Spa, Derek Parnaby Cyclones Ltd., Eriez Manufacturing Co., FLSmidth and Co. AS, Henan Fote Heavy Machinery Co. Ltd., Jiangxi Shicheng Mine Machinery Factory, Metso Outotec Corp., Prominer (Shanghai) Mining Technology Co., Ltd., SGS SA, Tenova Spa, Westpro Machinery Co., Yantai Jinpeng Mining Machinery Co. Ltd., and Zhengzhou Zhongding Heavy Duty Machine Manufacturing Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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