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Current research: Flocculants and Coagulants Market to grow by around $4,000.0 million during 2018–2023

Flocculants and Coagulants Market

Global flocculants and coagulants market is projected to reach $14,225.3 million by 2023. The market growth is driven by stringent government regulations and growing concern of waterborne diseases.

It is a well-known fact that 97% of the total water on earth is saline, and only 3% is freshwater. Further, more than half of that 3% is contained in permanent ice caps, in mountains and polar regions.

This way, only 1% of the total water on earth is available for consumption, and a large part of even that 1% is highly polluted, owing to the toxic discharge into lakes and rivers from factories and houses. Further, the United Nations, in its latest World Population Prospects report, claims that the global population would grow to 9.7 billion in 2050 from 7.7 billion in 2019.

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Additionally, as per the World Health Organization, about half of the global population would be in water-stressed areas by 2050, thereby creating a dire need for wastewater recycling and reuse. It is because of these concerns that the flocculants and coagulants market would reach $14,225.3 million by 2023 from $10,270.2 million in 2017, at a 5.4% CAGR during 2018–2023.The government in various nations is implementing stringent regulations to ensure the supply of clean potable water, such as the National Primary Drinking Water Regulations imposed by the U.S.

Environmental Protection Agency on municipal bodies.

The largest use flocculants and coagulants is witnessed in Asia-Pacific (APAC), which is also predicted to observe the fastest flocculants and coagulants market growth during the forecast period.

This would be owing to the increasing demand for clean water in the chemical, metal, oil and gas,and food and beverages sectors and swift growth in the economies of regional countries. Within the region, China is among the largest manufacturing countries and water polluters, owing to which the use of the treatment process is quite high here.

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Developing countries to offer immense opportunities

In the recent years, countries such as India, China, Indonesia, and Thailand, have witnessed rapid economic growth which is supported by large-scale industrialization, construction projects, development of new power projects, and expansion of housing projects. Though the economic growth in these countries has helped in improvement of lifestyle of the people, however, this growth has also resulted in large-scale emission of pollutants in water bodies.

Due to the growing concern of water pollution in developing countries, the need for water treatment is also arising. As a result, the developing countries offer huge scope for the growth of flocculants and coagulants market over the coming years.

Flocculants and coagulants market competitive landscape

Some of the major players operating in the global flocculants and coagulants market are BASF SE, Kemira Oyj, SUEZ, Evonik Industries AG, Akzo Nobel N.V., Ecolab Inc., SNF s.a.s., Solvay SA, Feralco AB, Chinafloc, National Aluminium Company Limited, National Aluminium Company Limited, and Kurita Water Industries Ltd.

Global Flocculants and Coagulants Market Segmentation

By Type

  • Flocculants
    • Anionic
    • Cationic
    • Non-Ionic
  • Coagulants
    • Organic
    • Inorganic

By Application

  • Water and Waste Water Treatment
  • Oil and Gas
  • Mineral and Extraction
  • Pulp and Paper
  • Others (Agriculture and Medical)

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Russia
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • South Africa
    • Rest of MEA

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