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text 2020-01-27 11:34
North America to Lead the Flocculants & Coagulants Market

The global Flocculant And Coagulant Market is projected to reach USD 6.01 billion by 2022, at a CAGR of 5.9% between 2017 and 2022. The demand for flocculant and coagulant is primarily driven by stricter regulatory and sustainable mandates concerning the environment coupled with declining freshwater resources.

 

Browse 81 Market Data Tables and 28 Figures spread through 137 Pages and in-depth TOC on "Flocculant and Coagulant Market”.

 

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North America led the flocculant and coagulant market in 2016, followed by Asia-Pacific and Europe. Stringent water treatment regulations in the U.S. and Canada, and presence of huge end-use industries, such as oil & gas, mining, and textile across the North American region are driving the flocculant and coagulant market in this region. However, this market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period, as the demand for flocculants and coagulants is driven by population growth and rapid urbanization in emerging countries, such as India, China, and Indonesia. Besides municipal water treatment and textile industry, Europe is relatively a mature market as compared to the rest of the world.

 

The organic coagulant subsegment of the coagulant type segment is projected to grow at the highest CAGR during the forecast period, in terms of value. Though the cost of an organic coagulant is higher than an inorganic coagulant, it is widely adopted, as it is environment friendly. Moreover, organic coagulants are more appropriate for solids-liquid separation and sludge generation. However, the flocculant segment will be valued the highest during the forecast period, owing to its higher price than coagulants.

 

 

 

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BASF SE (Germany) has considered expansion as its key strategy to stay competitive in the global flocculant and coagulant market. Its in-depth product portfolio and strong geographic presence are the biggest strength of BASF’s core competency. BASF is the third-largest manufacturer of flocculants, globally, and offers products under its popular brands, namely, Alclar, Magnafloc, Organopol, Organosorb, Rheomax, and Zetag. Similarly, the company also has a decent product offering of inorganic coagulants under the brand name, Magnafloc and Magnasol.

 

The company has a broad product portfolio of flocculants and coagulants for both, industrial water treatment and process, and municipal water treatment application. The company serves industries, such as pulp & paper, mining, and others. For instance, in April 2016, the company opened a bio-acrylamide (BioACM) production plant in Bradford, U.K. This facility will strengthen the company’s polyacrylamides production footprint worldwide.

 

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

 

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