The global Flocculant and Coagulant Market is estimated to grow from USD 4.52 Billion in 2017 to USD 6.01 Billion by 2022, at a CAGR of 5.9% from 2017 to 2022.
The market growth can be attributed to declining freshwater resources coupled with stringent regulatory and sustainable mandates concerning the environment.
Browse 81 Market Data Tables and 28 Figures spread through 137 Pages and in-depth TOC on "Flocculant and Coagulant Market by Type (Flocculant (Anionic, Cationic), Organic Coagulant, and Inorganic Coagulant), End-Use Industry (Municipal Water Treatment, Pulp & Paper, Textile, Oil & Gas, Mining), and Region - Global Forecast to 2022".
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The flocculant and coagulant market have witnessed significant growth in recent years, owing to stringent regulations related to environment and water treatment. Increasing population and industrialization, coupled with declining freshwater resources has compelled governments of several countries to implement stricter water treatment regulations, which, in turn, are driving the consumption of flocculant and coagulants around the world.
The main types of flocculants considered in the report are anionic, cationic, non-ionic, and amphoteric flocculant. However, the coagulant segment has been divided into organic and inorganic coagulants. The organic coagulant subsegment has been subdivided into polyamine and polyDADMAC, whereas, inorganic coagulant subsegment has been divided into aluminum sulfate, polyaluminum chloride, ferric chloride, and others. Owing to its low cost and wide applicability, inorganic coagulant subsegment led the market in 2016, in terms of both, volume and value. However, the organic coagulant subsegment is expected to grow at a higher rate, in terms of value, owing to its high cost.
Flocculant and coagulant are used in various end-use industries, such as municipal water treatment, pulp & paper, textile, oil & gas, mining, and others. On the basis of end-use industry, the pulp & paper segment is projected to lead the flocculant and coagulant market during the forecast period, in terms of both, volume and value. This can be attributed to high volume consumption of flocculants and coagulants in the pulp & paper industry for several processes and in primary water treatment applications.
Asia-Pacific is expected to be the fastest growing market for flocculant and coagulant
Asia-Pacific is estimated to be the fastest growing market for flocculants and coagulants. China, India, and Indonesia are estimated to be the fastest growing markets for flocculants and coagulants in the Asia-Pacific region. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for flocculants and coagulants in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water .
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Some of the major market players active in the global flocculant and coagulant market include SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (U.S.), Solenis LLC (U.S.), Buckman Laboratories, Inc. (U.S.), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).
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