Global Flocculants and Coagulants Market Reach To 5.3% CAGR During 2018 – 2024

Flocculation and coagulation aims at removing substances from the water with a help of a chemical cleaning action and is generally undertaken at the time of sedimentation process. The global flocculants and coagulants market is estimated to contribute USD 4.8 billion by 2017. The flocculants and coagulants market is further anticipated to witness growth of 5.3% during the forecast period.

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it has been observed that increasing preference towards organic coagulants as compared to that over traditional coagulant that includes polyacrylamides and alum is further driving the growth of global flocculants and coagulants market. Moreover, increasing industrialization has further stimulated the need for treating water resources that is ultimately bolstering the growth of global flocculants and coagulants market.

The growth of flocculants and coagulants market is highest in Asia-Pacific due to increasing population and increasing rate of industrialization that has enforced the governmental authorities of this region to execute stringent government reforms on the water treatment processes that is further exaggerating the growth of global flocculants and coagulants market. Moreover, increasing demand for chemicals in the process of municipal water treatment and stringent regulatory reforms that are on the utilization of water resources and environment for the well-being of public are the major factors driving the growth of global flocculants and coagulants market.

On the basis of type, the global flocculants and coagulants market is segmented into flocculants and coagulants. Flocculants are further subcategorized as anionic, cationic, non-ionic, and amphoteric. Coagulants are further subcategorized into organic and inorganic. Organic is further subcategorized as polyamine and polyDADMAC. Inorganic is further subcategorized as aluminum sulphate, polyaluminum chloride, ferric chloride, and others. Among all these segments, flocculants are projected to hold larger value in the global flocculants and coagulants market. This segment is observing rampant growth owing to its widespread application in several industries.

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North America has been dominating flocculants and coagulants market in terms of revenue. Infrastructural development along with implementation of stringent government reforms are the major factors driving the growth of flocculants and coagulants market in this region.

Some of the key players in the global flocculants and coagulants market include SNF Floerger, Kemira OYJ, Ecolab Inc., BASF SE, Solenis LLC, Feralco AB, Buckman Laboratories, Inc., Ixom Operations Pty Ltd, Kurita Water Industries Ltd., Suez S.A., Aries Chemical, Inc., and Chemifloc Limited.

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