The report “Flocculant & Coagulant Market by Type (Coagulant, Flocculant), End-Use Industry (Municipal Water Treatment, Paper & Pulp, Textile, Oil & Gas, Mining), & Region (North America, Asia Pacific, Europe, MEA, South America) – Global Forecast to 2028″, size is projected to reach USD 12.5 billion by 2028 from USD 10.4 billion in 2023, at a CAGR of 3.8% during the forecast period. The major drivers for the flocculant & coagulant market are implementation of stringent environmental regulations across the globe for wastewater treatment, limited availability and declining freshwater resources, growth in mining and mineral processing. Alternative water treatment technologies, high cost related to acquiring and using flocculants and coagulants are considered as restraining factors in this market. Whereas emerging trend towards eco-friendly and biodegradable flocculant and coagulant, rapid industrialization and urbanization in emerging economies act as opportunities in the market.
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- 211 Market data Tables
- 40 Figures
- 209 Pages and in-depth TOC on “Flocculant & Coagulant Market – Global Forecast to 2028”
Some of the prominent key players are:
- SKemira OYJ (Finland)
- BASF SE (Germany)
- Ecolab Inc. (US)
- SNF Floerger (France),
- Solenis LLC (US)
Driver: Implementation of stringent environmental regulations across the globe for wastewater treatment
Stringent environmental regulations have emerged as a compelling driver of growth in the flocculants and coagulants market, significantly impacting industries worldwide. In today’s business landscape, compliance with these regulations is not just a matter of legal obligation; it has evolved into a strategic imperative for companies aiming to sustain their operations and reputation. The regulatory bodies of the countries such as the U.S., China, Canada, India, and others have formulated various regulations for wastewater treatment and recovery & reuse of water generated from liquid waste to meet their water requirements for domestic as well as industrial usage. These governments have established certain manufacturing practices to maintain safety measures.
Restrain: Alternative water treatment technologies
The emergence of alternative water treatment technologies, which are increasingly being recognized as more environmentally sustainable and cost-effective solutions restrains the growth of this market. Among these alternatives, membrane filtration systems stand out for their ability to offer precise control over contaminant removal without the necessity of chemical additives. This capability not only enhances the quality of treated water but also significantly reduces the reliance on traditional flocculants and coagulants. Additionally, ultraviolet (UV) disinfection systems have gained prominence for their eco-friendly approach to water treatment. By effectively eliminating pathogens without chemical intervention, UV disinfection not only addresses environmental concerns but also curtails the procurement and disposal costs associated with conventional treatment chemicals.
Europe has the second largest market share in the flocculant & coagulant market, in terms of value.
Europe occupies the third-largest share in the flocculant and coagulant market due to several factors. The region boasts a well-established industrial base with significant chemical, manufacturing, and municipal sectors, all of which require water treatment solutions. Strict environmental regulations in Europe drive the demand for coagulants and flocculants to meet water quality standards. Additionally, growing awareness of water scarcity issues and the need for sustainable practices further boosts the market. Europe’s strong focus on using advanced methods to clean water and protect the environment makes it an important part of the flocculant and coagulant market.
