Declining freshwater resources has compelled governments to implement stricter water treatment regulations

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.

The flocculant and coagulant market has 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.

https://www.marketsandmarkets.com/Market-Reports/flocculant-and-coagulant-market-243584994.html

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.

North America, Europe, Asia-Pacific, Middle East & Africa, and South America have been considered as key markets for flocculants and coagulants in the report. Asia-Pacific is estimated to be the fastest growing market for flocculants and coagulants during the forecast period. The growth of this region can be attributed to huge consumption of flocculants and coagulants in large industrial infrastructures in China, India, Japan, Indonesia, and several other Asia-Pacific countries.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=243584994

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) are the key companies operational in the flocculant and coagulant market. Targeting new markets will enable flocculant and coagulant manufacturers to overcome the effects of the volatile economy, leading to a diversified business portfolio and growth in revenue.