The global flocculant and coagulant market is projected to grow at a moderate CAGR of 5.5% from 2022 to 2032. The market is set to reach an estimated US$ 10,910.4 million by 2032, rising from US$ 6.387.3 million in 2022. Historically, the market recorded an average CAGR of 4.2% from 2016 to 2017.
The estimated growth for the forecast period can be attributed to the increasing use of flocculants and coagulants in wastewater treatment systems in order to remove solids, dewater solids, clarify water, and sludge thickening.
Flocculants and coagulants are an effective and affordable approach to removing solids from wastewater. These work by neutralizing surface charges and are used in multiple industrial verticals for water purifying purposes. These sectors use flocculants and coagulants that come in different forms including dry granular, dilute aqueous, and inverse emulsions with high solids concentrations.
Other varieties of cationic, anionic, and nonionic polymers of different molecular weights are offered as flocculants and coagulants and are used for diverse purposes. These aspects will likely stimulate growth for the flocculants and coagulants market.
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The escalating demand for chemicals in municipal wastewater treatment plants acts as a primary growth driver for the market. The implementation of strict government regulations regarding public health and water usage has a positive impact on the global sales of flocculants and coagulants.
The rising urban population, an upsurge in pollution levels, and the use of novel varieties of flocculants and coagulants such as moringa oleifera will aid the market growth during this period of observation. Furthermore, increasing the adoption of flocculants and coagulants in the mineral, oil, gas, and chemical industries will boost the growth of the flocculants and coagulants market during the assessment period.
Key Takeaways:
- The availability of alternatives, a dearth of trained professionals, and a lengthy process of usage will deter the growth of the market.
- The flocculants and coagulants market in North America held a market share of 28.5% in 2022.
- Rapid industrial growth will drive Asia Pacific to open new avenues of growth for the flocculants and coagulants market.
- By product type, the inorganic coagulants category will remain a preferred choice as it can be used for a wide range of water and wastewater systems.
- In terms of application, the water and wastewater treatment segment will generate the most demand.
Competitive Landscape
Feralco, SUEZ, Evoqua Water Technologies, BASF SE, Ecolab Inc., Solvay SA, Akferal, Tidal Vision, Yide Chem, and Cytec Industries Inc., among others, are a few of the dominant players in the flocculant and coagulant market profiled in the full version of the report.
Prominent market players are keen on product development and facility expansion strategies. These enterprises also employ mergers, acquisitions, collaborations, and partnership tactics to gain a competitive advantage.
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Key Segments Profiled in the Flocculant and Coagulant Industry Survey
Flocculant and Coagulant Market by Type:
- Coagulant
- Organic coagulants
- Polyamine
- PolyDADMAC
- Inorganic coagulants
- Aluminum Sulfate (Alum)
- Aluminum Chloride
- Polyaluminum Chloride & Aluminum Chlorohydrate
- Ferric Sulphate and Ferrous Sulphate
- Ferric Chloride
- Organic and Inorganic blend
- Flocculant
- Cationic Flocculants
- Anionic Flocculants
Flocculant and Coagulant Market by Application:
- Flocculant and Coagulant for Power Generation
- Flocculant and Coagulant for Chemical Processing
- Flocculant and Coagulant for Water & Waste Water
- Flocculant and Coagulant for Municipal Water Treatment
- Flocculant and Coagulant for Dairy Waste Water
- Flocculant and Coagulant for Others
Flocculant and Coagulant Market by Others:
- Flocculant
- Cationic Flocculants
- Anionic Flocculants
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More Insights Into Flocculant And Coagulant Market
In its latest report, FMI offers an unbiased analysis of the global flocculant and coagulant market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type, application, and region.
According to the latest FMI reports, based on segmentation, the water and wastewater treatment application will generate high demand for the market. Depletion of freshwater sources and government policies regarding water usage will aid the growth of this segment. Based on product type, the inorganic coagulants segment will dominate the international market space.
Based on region, the flocculant and coagulant market in North America will exhibit strong growth. The target market in this region accounted for a share of 28.5% in 2022. Favorable government policies, immense industrial infrastructures, and the presence of key players will spur the demand for flocculants and coagulants in North America.
Asia Pacific, too, offers lucrative opportunities to the market during this assessment period. Rapid industrial expansion in several countries of the region, favorable government policies, and other efforts to clean various sources of water propel the market forward in the Asia Pacific. Thus, North America and Asia Pacific contribute considerably to the global growth of the flocculant and coagulant market.
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