Froth Flotation Equipment Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Froth Flotation Equipment Market is segmented By Machine Type (Cell-to-Cell Flotation, Free-Flow Flotation), By Application (Mineral and Ore Processing, Wastewater Treatment, Paper Recycling, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023 - 2030

Froth Flotation Equipment Market Overview

[150 Pages] Report on global Froth Flotation Equipment Market size, shares, supply chain analysis, company profiles and industry dynamics. The report estimates that market to grow at a CAGR of 7% till 2030. Mining industry is a major factor boosting the demand for froth flotation equipment. Asia Pacific evolved as the largest market for froth flotation equipment.

Froth flotation is a mechanism by which hydrophobic materials are selectively distinguished from hydrophilic. This is used in industry for mineral processing, paper recycling, and wastewater treatment. The flotation may be carried out in mechanically agitated rectangular or cylindrical cells or tanks, flotation columns or flotation deinking machines. The equipment for froth flotation does not require much maintenance and space. In order to improve capital and operating costs per unit of metals produced, large size mining and mineral processing equipment were developed. Flotation columns are extensively installed in zinc, lead, gold, molybdenum and sulfide ore flotation plants.  Hence, many companies are more focused on the manufacturing of these large size flotation cell.

Froth Flotation Equipment Market Scope and Summary

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Froth Flotation Equipment Market Trends and Dynamics

Increasing investments in mining industries in APAC and South America

The growth of the global mining industry is a major factor boosting the demand for froth flotation equipment. Investments in mining and mineral processing industries in APAC and South America are driving the demand for flotation equipment in these regions. For instance, according to the Australian Bureau of statistics, in the quarter of December 2019, the trend estimates for overall expenditure on mineral exploration increased 5.1% ($34.9 m) to $717.1 m. Additionally, among the largest mining projects in Western Australia, BHP’s South Flank project with an investment of $5.3 billion and Fortescue Iron Bridge project with an investment of$3.8 billion are the currently ongoing projects which is projected to complete in the upcoming years. Moreover, rapid industrialization and urbanization in key countries such as China and India have spurred the demand for metals and minerals in the past few years. China is a leading producer of rare-earth metals, gold, copper, coal, limestone, and iron & steel, while India has witnessed significant investments in the iron & steel industry over the past few years.

South America is a high-growth region for the mining industry. It has become a preferred destination for mining investments by major global mining companies. Key countries such as Chile, Peru, and Brazil have large mining capacities and have witnessed increased investments from foreign companies over the past five years. According to the report issued by the Argentinian Chamber of Mining Entrepreneurs states that an investment in the mining industry to reach $29 billion in 2019 due to the continued growth in the mining industry across the country.  The demand for metals and minerals from Asia is expected to drive the mining industry in Chile, with increasing investments from Indian and Chinese companies. Peru and Brazil are also attracting significant investments from foreign companies based in Canada, Australia, China, and India.

Furthermore, increasing demand of froth flotation equipment in the paper and pulp industry is expected to drive the paper growth. Paper and pulp industry is among one of the largest industries in the world and the world production of paper and paperboard industry is expected to reach 490 million tons by 2020. In the process of froth floatation the function of potassium ethyl xanthate used in paper and pulp industry is to make the ore water repellant. China is the world’s largest paper producing country. In April 2018, China processed 10.68 million tons of paper and cardboard. The growth in the production of paper and paperboard is also contributing for the growth of this market during the forecast period.

Froth Flotation Equipment Market Segmentation Analysis

Free-flow flotation segment is expected to dominate the global froth flotation equipment market in the year 2020.

Free-flow flotation to witness high growth due to its increasing demand for various applications such as wastewater treatment and mineral & ore processing. These types of machines provide mineral beneficiation to achieve higher profits from their concentrate, decreasing plant footprint, lower shipping costs, and lower smelter penalties. Column flotation is one of the major machines used for free-flow flotation.

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.

Global Froth Flotation Equipment Market Geographical Share

 Asia Pacific evolved as the largest market for froth flotation equipment with share of YY% during the forecast period

APAC froth flotation equipment market is the largest and fastest-growing market, owing to the increasing investments in the mining industries in this region. The growing demand from the mineral & ore processing and wastewater treatment is playing a crucial role in fueling the market. The favorable government initiatives of countries such as China and India are also expected to help the market growth in APAC. China is the largest manufacturer of froth flotation equipment, owing to the country’s large mining operations. The country is one of the largest producers and consumers of mining products. In addition, several key market players including JXSC, Yantai Jingpeng Mining Technology, Shandong Xinhai Mining Technology & Equipment, Shanghai Joyal Machinery, and Zoneding are present in this country. In India, the demand for froth floatation equipment is dominated by the mining industry due to the availability of large metal and mineral deposits, across the country. According to India Brand Equity Foundation, India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals. In 2019, the country's coal ministry has allowed private firms to participate in mining operations, and 100 percent of Foreign Direct Investment (FDI) has been permitted in the mining industry. These factors are expected to lead to increasing demand for froth flotation equipment in the region during the forecast period.

Froth Flotation Equipment Companies and Competitive Landscape

The global froth flotation equipment market is fragmented in nature with the presence of many manufacturers. Metso Outotec, FLSmidth and Rio Tinto, JXSC, and Eriez Flotation among others are key players in the market. Emphasis is given on the expansion, merger, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in February 2020, Metso Outotec (Finland) launched a new product under the Outotec Tankcell S series which is designed to enhance throughput, grades, and recovery of ores with cost-effective standardized equipment. This product launch has widened the company’s product portfolio for froth flotation equipment. In July 2019, Metso Minerals and Outotec merged to form a company named Metso Outotec. This development resulted in the formation of a leading company in the metals, minerals, and aggregates industry that provides process technology, equipment, and services. In October 2019, FLSmidth and Rio Tinto (US) have executed a five-year, fixed term Global Framework Agreement (GFA) which enables the two companies to engage on the supply of fixed equipment, including mineral processing, material handling technologies, spare parts, consumables, maintenance, consultancy, and professional services.

COVID-19 Impact on Froth Flotation Equipment Market

Pandemic had a negative impact on global froth flotation equipment market

Many countries are under strict lockdown, which has forced several sectors to shut down their operations. Due to lockdown, mining activities are at a halt, and this has reduced the demand for froth flotation equipment. In the second half of 2020, some countries have started to lift restrictions and gradually start business operations in various sectors. Even if the lockdown is being lifted, it will be challenging for the mining sector to get back to normal working conditions. This will subsequently affect the froth flotation equipment market.