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Mining Flotation Chemicals Market in Brazil and Chile Estimated to Reach $407.9 Million in 2017

The expansion of the Latin American mining industry, which is expected to see investments of up to $200 billion by 2019, is lending momentum to the mining flotation chemicals market in Brazil and Chile. The resumption of mining feasibility studies and projects after the economic downturn too bodes well for the mining chemical reagents market.

New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Analysis of the Mining Flotation Chemicals Market in Brazil and Chile, finds that the market earned revenues of $351.5 million in 2012 and estimates this to reach $407.9 million in 2017. The research covers frothers, collectors, dispersants and depressants. Frothers and collectors are expected to gain popularity over the forecast period.

The rising prices of commodities have led to a surge in the purchase of high-quality sand materials, fuelling the number of mining projects in Brazil and Chile. Infrastructure developments in emerging countries like Brazil, Russia, India and China, along with the economic recovery of the United States, and the resurgence of the construction industry is driving the demand for polymethalics minerals. This has opened up tremendous opportunities for mining flotation chemical suppliers in Brazil and Chile. The market is dominated by imported products but local presence through labs and technical support are key competitive factors.

"The constant decrease in the grade of mineral ores due to the aging of mineral deposits is encouraging the uptake of sophisticated and effective mining flotation chemicals for mineral processing," said Frost & Sullivan Chemicals, Materials & Food Industry Analyst Hernan Cavarra. "As a leading producer of metallic mineral products such as copper, Chile in particular will see a 20 percent growth in the use of chemical reagents by 2020 to process the increasing amounts of geological material required to obtain similar output."

However, the scarcity of energy and water resources in Brazil and Chile is a challenge for the mining flotation chemicals market. In addition, the need for environmentally sustainable mining practices to avoid the disturbance of ecological and biodiversity systems has led to a reduction in the number of chemicals used, denting the prospects of mining flotation chemical suppliers in both countries. The escalating cost of raw materials due to high import duties and transportation expenses too will limit the use of certain imported value-added chemical reagents.

"Developing safer and environmentally friendly mining reagents will, therefore, be vital for future growth," advised Gustavo Ferrari, Frost & Sullivan Chemicals, Materials & Food Research Analyst. "Market participants must also invest in R&D activities to meet mining companies' need for tailor-made products adapted to the specific geology of the mine."

If you are interested in more information on this research, please send an e-mail to Francesca Valente, Corporate Communications, at [email protected], with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

Analysis of the Mining Flotation Chemicals Market in Brazil and Chile is part of the Chemicals Growth Partnership Service program. Frost & Sullivan's related research services include: North American and European Oilfield Chemicals Market, GCC Industrial Water and Wastewater Treatment Chemicals Market, Hot Melt Adhesives Market, and Brazilian and Argentinian Surfactants Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

Source: http://www.frost.com/

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