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Flocculant and Coagulant Market to Receive Overwhelming Hike in Revenues by 2022

 

 Flocculant and Coagulant Market size was valued at USD 4.35 Billion in 2016 and is projected to reach USD 6.01 Billion by 2022, at a CAGR of 5.9% between 2017 and 2022. The main objective of the study is to define, describe, and forecast the flocculant and coagulant market on the basis of type, end-use industry, and region. The report includes detailed information about the major factors (drivers, restraints, and opportunities) influencing the growth of the market. The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the total market. 

Browse 81 Market Data Tables and 28 Figures spread through 137 Pages and in-depth TOC on "Flocculant and Coagulant Market by Type (Flocculant (Anionic, Cationic), Organic Coagulant, and Inorganic Coagulant), End-Use Industry (Municipal Water Treatment, Pulp & Paper, Textile, Oil & Gas, Mining), and Region - Global Forecast to 2022"

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Asia-Pacific is expected to be the fastest growing market for flocculant and coagulant

Asia-Pacific is estimated to be the fastest growing market for flocculants and coagulants. China, India, and Indonesia are estimated to be the fastest growing markets for flocculants and coagulants in the Asia-Pacific region. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for flocculants and coagulants in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water consumption, which, in turn, will lead to high demand for flocculants and coagulants.

Based on end-use industry, the pulp & paper segment is anticipated to grow at the highest CAGR during the forecast period

Flocculants and coagulants are used for municipal water treatment, pulp & paper, textile, oil & gas, mining, and several other industries. Based on end-use industry, the pulp & paper segment is expected to grow at the highest rate during the forecast period. The requirement of flocculants and coagulants is the highest in the pulp & paper industry, as this industry is highly water-intensive. Moreover, pulp & paper production growth in China and Brazil is also driving the consumption of flocculants and coagulant in these countries.

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Key companies profiled in this report are SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (U.S.), Solenis LLC (U.S.), Buckman Laboratories, Inc. (U.S.), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan). Rapid urbanization and increasing population of developing regions have encouraged companies to adopt several business strategies to stay competitive in the global flocculant and coagulant market between 2013 and 2017. Therefore, leading companies have adopted new product launches, expansions, and acquisitions as their key growth strategies in the global flocculant and coagulant market.

Kemira OYJ (Finland), one of the largest flocculant and coagulant manufacturers in the world, has adopted new product launches as its key strategy. Moreover, the company offers a broad product portfolio of coagulants and flocculants to numerous end-use industries, such as oil & gas, mining, and municipal water treatment. The company’s coagulant product line includes a wide range of organic and inorganic coagulants, and offers both, dry and emulsion flocculants. Additionally, Kemira has a strong manufacturing and customer base worldwide. For instance, in April 2017, the company launched a high performance cationic flocculant named Kemira Superfloc® XD-7600 especially engineered for sludge dewatering applications. The product can enhance the sludge handling efficiency, and minimize storage and transportation cost.

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