Growing Demand for Alternate Water Treatment Technologies is restraining growth of Flocculant and Coagulant 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.
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Flocculants and Coagulants (F&C) are
chemical compounds used for water treatment to remove impurities, which may be
of metallic, organic, or non-organic nature. Coagulants are used to destabilize
suspended particles through a chemical reaction and flocculants are responsible
for the transportation of the destabilized particles that cause collisions.
Coagulants and flocculants are used in both municipal and industrial water
treatment applications.
The global flocculant and coagulant market
is projected to reach USD 6.01 billion by 2022, registering a CAGR of 5.9%
between 2017 and 2022. Declining freshwater resources coupled with stringent
regulatory and sustainable mandates concerning the environment are the key
factors driving the flocculant and coagulant market. However, the growing
demand for alternative water treatment technologies, including UV disinfection
and RO filtration is inhibiting market growth.
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 flocculants
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.
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.
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