Flocculant and Coagulant Market worth 6.01 Billion USD by 2022
The report “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“, 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.
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Based on type, the inorganic coagulant subsegment is projected to lead the flocculant and coagulant market during forecast period
The coagulant segment has been divided into organic and inorganic. The organic coagulant subsegment is further subdivided into polyamine and polyDADMAC, whereas, the inorganic coagulant subsegment is divided into aluminum sulfate, Polyaluminum chloride, ferric chloride, and others. Moreover, the flocculant segment has been broadly classified into anionic, cationic, non-ionic, and amphoteric flocculant. The inorganic coagulant subsegment of the coagulant type segment is estimated to lead the flocculant and coagulant market during the forecast period, in terms of volume and value. The growth of this subsegment can be attributed to the low cost of inorganic coagulants and their wide applicability across all end-use industries.
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Based on end-use industry, the pulp & paper segment is anticipated to grow at the highest CAGR during the forecast period
Flocculants and coagulants are used for municipal water treatment, pulp & paper, textile, oil & gas, mining, and several other industries. Based on end-use industry, the pulp & paper segment is expected to grow at the highest rate during the forecast period. The requirement of flocculants and coagulants is the highest in the pulp & paper industry, as this industry is highly water-intensive. Moreover, pulp & paper production growth in China and Brazil is also driving the consumption of flocculants and coagulant in these countries.
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 consumption, which, in turn, will lead to high demand for flocculants and coagulants.
Major players in the global flocculant and coagulant market are 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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