Flocculants and Coagulants Market Regional Revenue, Trends, Opportunities and Future Prospects by 2023
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. 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.
Based on type, the flocculants and coagulants market is categorized into coagulants and flocculants. Flocculants is expected to be the faster type in the market, advancing at a CAGR of 5.1% during the forecast period, in terms of volume. The faster growth of the type is attributable to the growing demand of flocculants from the paper and pulp, and food and beverage industry.
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ased on application, the flocculants and coagulants market are categorized into water and waste water treatment, oil and gas, mineral and extraction, pulp and paper, and others. The other application areas include agriculture and medical. Water and waste water treatment is expected to be the fastest growing application area in the market, advancing at a CAGR of 5.3% in terms of volume.
APAC was the largest flocculants and coagulants market, accounting for more than 45.0% sales volume in 2017. The region is expected to witness immense growth owing to the rising demand of flocculants and coagulants chemicals from expanding chemical industries.
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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
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Flocculants
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Anionic
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Cationic
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Non-Ionic
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Coagulants
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Organic
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Inorganic
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By Application
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Water and Waste Water Treatment
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Oil and Gas
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Mineral and Extraction
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Pulp and Paper
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Others (Agriculture and Medical)
By Geography
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North America
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U.S.
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Canada
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Europe
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U.K.
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Germany
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France
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Italy
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Russia
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Rest of Europe
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APAC
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China
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Japan
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India
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South Korea
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Rest of APAC
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Latin America (LATAM)
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Brazil
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Mexico
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Rest of LATAM
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Middle East and Africa (MEA)
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Saudi Arabia
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South Africa
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Rest of MEA
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