FLOCCULANT AND COAGULANT MARKET TO REACH USD 7.3 BILLION BY 2027 | CAGR 4.5% – FORENCIS RESEARCH

Flocculant and Coagulant Market - Global Industry Analysis and Forecast 2020 to 2027

Global Flocculant and Coagulant Market: Key Highlights

  • According to the new market research report Flocculant and CoagulantMarket by Type (Flocculant, Coagulant), by Application (Municipal Water Treatment, Oil & Gas, Textile, Mining, Paper & Pulp, Others),by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) – Global Forecast (2020 to 2027)”, the global flocculant and coagulantmarket is estimated to reach USD 7.3 Billion by 2027 at a CAGR of around 4.5% during the review period.
  • Flocculant and coagulant are chemicals used in wastewater and water treatment process for water clarification, solid removals, solid dewatering, lime softening, and sludge thickening
  • A process in which a chemical agent is used to reduce the turbidity of a liquid by binding suspended particles in the liquid together is known as flocculation
  • Coagulation is the process by which particles become destabilized and begin to clump together. It is an essential component in water treatment operations

Flocculant and Coagulant Market

Global Flocculant and Coagulant Market: Key Market Dynamics

  • Growing awareness regarding water crisis globally has expected to drive the demand of flocculant and coagulant market for water treatment during the forecasted period
  • Stringent regulatory and sustainability mandates concerning the environmenthaveexpected to drive the growth of the market
  • The requirement of continues chemicals, skilled labor, and time-consuming factors has which may hinder the growth of the flocculant and coagulant market

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Global Flocculant and Coagulant Market: Regional Overview

  • North America

North America is anticipated to dominate the growth in flocculant and coagulant market during the forecasted period. This can beattributed to stringent environmental and disposal regulation in countries like U.S., Canada, and Mexico. For instance, the Environmental Protection Agency (EPA), has issued “Effluent Guidelines” for industrial discharge to surface water under the Clean Water Act (CWA). Additionally, increasing footfall in supermarkets, including commercial spaces, shopping malls, and hotels has anticipated to drive the market growth in the North America region. Moreover, ageing wastewater treatment infrastructure in the U.S. may boost the installation of new flocculant and coagulant which in turn will drive the market growth during the assessment period.

  • Asia-Pacific

The Asia-Pacific is anticipated tobe the fastest-growing region in flocculant and coagulant market during the forecasted period owing to increasing demand from industrial and municipal sectors, industrialization, and rising demand for freshwater resources. Emerging economies such as India, China, Indonesia, and among others have developed a need for flocculant and coagulant for recycling the wastewater and sludge thickening and amongst others. According to the Asian Development Research Institute (ADRI), India’s average domestic water demand is expected to increase from 85 liters per capita per day (lpcd) in 2000 to 125 lpcd in 2025

Global Flocculant and Coagulant Market: Key Players Overview

  • BASF SE:

BASF SE is a German-based company engaged in manufacturing and distributing specialty chemical. The company broadly operates through Chemical, Materials, Industrial Solution, Surface Technologies, Nutrition & Care, and Agriculture Solution business segment.  BASF SE offers flocculant and coagulant products for a diverse range of application including thickening, clarifying, filtration and centrifugation. In May 2018, the company and Solenis entered into a joint agreement to provide flocculant and coagulant solution for paper and water treatment industries.

  • Solvay:

Solvay is a Belgium-based company engaged in producing advanced material and specialty chemicals. The company operates in three business segments including Materials, Chemicals, and Solution. Solvay operates through 155 sites located in more than 64 countries across the globe. The company offers products suitable for home, food & consumer goods, planes, cars, smart devices, batteries, healthcare application, water, and air purification systems.

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Rep Id : CM 0142

Published : 2020-08-24

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