NEW YORK CITY – From Persistence Market Research comes news of bio-based xanthates as a means of making mineral processing more environmentally friendly. The organization has completed a report on the xanthates market, and says this new family of chemicals has the potential to disrupt conventional processes.
The report makes three key points:
- The mining sector will be the largest consumer of xanthates, but there is potential to increase their use in agrochemicals and rubber processing.
- Green chemistry is penetrating the xanthates market. There is a move away from conventional xanthates to bio-xanthates that are less toxic and more stable.
- There will be robust growth in the Asia Pacific xanthate marketplace.
The report goes on to say: “With rising awareness about green chemistry in mining sector, its implications on xanthates market are noted to cause an internal disruption. The development of bio-based xanthates can be marked as a technological development in the xanthates marketplace. Further, with governing authorities monitoring consumption of xanthates and suggesting use of liquid xanthates instead of its solid counterparts, can be expected to mold the product’s consumption patterns.”
Seeing a potential supply deficit, xanthate manufacturers are expanding production to minimized the demand-supply gap in the market.
These insights are based on a report on Xanthates Market by Persistence Market Research.