Xanthate Market: Excellent Floating Agent for Use in Metal, Zinc, Lead, and Sulfur Extraction
- The term ‘xanthate’ usually refers to a salt, which is an ester of xanthic acid. Xanthates are organo-sulfur compounds. Xanthate is yellow in color and it is used in a variety of applications. Xanthate salts are synthesized by the reaction of alkoxide salts with carbon disulfide salts. For example, sodium ethoxide produces sodium ethyl xanthate. In this reaction, different types of alcohol can be used to make xanthate salts.
- Commercially available xanthate salts include sodium ethyl xanthate, potassium ethyl xanthate, sodium isopropyl xanthate, sodium isobutyl xanthate, and potassium amyl xanthate. Technical grades of xanthate are of 90%- 90% purity level.
- Xanthate salts are commercially available in the form of flakes, sticks, granules, powder, and flakes. Xanthate salts are widely used in industrial applications. In mineral processing, they are used as floating agents. Xanthate has key applications in the extraction of metals such as copper, gold, nickel, and silver and solid metal sulfides. It acts as an additive in applications such as pesticides, cellulose, and rubber.
Key Drivers of Global Xanthate Market
- Increase in activities such as mining and extraction in several countries is projected to boost the demand for xanthate during the forecast period. Xanthate is widely used in the froth of sulfide ore as a collector material, due to its floating property. Rise in sulfur extraction activities in several countries is projected to boost the demand for xanthate during the forecast period.
- Mining mostly produces a large amount of impurities from ores, due to underground drilling and digging exercises for sulfides. Loads of mud, water, slag, and other impurities are added after extraction. The filtration process mostly requires a metal and sulfur collector compound that can float on the upper level of slag. These benefits of xanthate are projected to drive the global xanthate market during the forecast period.
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Sodium Ethyl Xanthate Segment to Witness Attractive Opportunities
- In terms of product, the global xanthate market can be categorized into sodium ethyl xanthate, potassium ethyl xanthate, sodium isopropyl xanthate, sodium isobutyl xanthate, and potassium amyl xanthate. The sodium ethyl xanthate segment is projected to lead the global xanthate market in the next few years.
- Sodium ethyl xanthate is widely used in mining applications, due to its floating property. Several forms and grades of xanthate salt are commercially available across the globe. These benefits are projected to boost the global xanthate market during the forecast period.
Toxicity of Xanthate to Hamper Global Xanthate Market
- Xanthate salts are toxic and combustible and they are highly toxic for aquatic organisms. This generates concerns about the health, safety, and environment. Xanthate releases carbon disulfides during usage. This factor is projected to hamper the global xanthate market during the forecast period.
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Asia Pacific to Hold a Key Share of Global Xanthate Market
- Geographically, the global market for xanthate can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific is projected to be a leading consumer and producer of xanthate during the forecast period, followed by North America and Europe
- Rising mining activities in China, India, and Indonesia are expected to create high demand for xanthate during the forecast period. Moreover, Asia Pacific is a key producer of metals, rubber, and fertilizers across the globe. This factor is projected to provide a lucrative opportunity for companies operating in the xanthate market in the region in the near future.
- The xanthate market in North America and Europe is projected to expand at a moderate rate during the forecast period, due to the rising FDIs (foreign direct investments) in mining and metal industries in these regions
Key Players Operating in Global Market
The global xanthate market has several players operating at the global as well as domestic level. Some of the key players operating in the global xanthate market are:
- Senmin International
- QiXia TongDa Flotation Reagent
- Yantai Humon Chemical
- CTC Mining
- SNF Group
- Tieling Flotation Reagent
- Coogee Chemicals
- Vanderbilt Chemicals
Global Xanthate Market: Research Scope
Global Xanthate Market, by Product
- Sodium Ethyl Xanthate
- Sodium Isopropyl Xanthate
- Sodium Isobutyl Xanthate
- Potassium Amyl Xanthate
Global Xanthate Market, by Application
- Rubber Processing
- Others (Including Agricultural)
Global Xanthate Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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