(MENAFN - America News Hour) The Global Coagulant Market Report 2019-2025 analyzes the important factors of this market based on present industry situations, market demands, business strategies utilized by the market players and their growth synopsis. This report divides based on the key players, type, application and regions are mentioned below.
Coagulant Market size is expected to register lucrative gains during the forecast period impelled by rising freshwater demand across the world supported by various government initiatives to increase the wastewater treatment facilities.
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Coagulants are used in the water treatment process to neutralize the suspended solid particles present in wastewater. Growing worldwide population has created huge demand for freshwater in the recent years. This has further resulted into implementation of stringent government regulations related to water treatment across major countries. For example, the US EPA has implemented regulations for the wastewater discharge to river or sewage treatment plant in order to tackle challenges associated with the limited freshwater resources. Similarly, Government of India has also planned to implement new standard in 2017 for sewage water treatment plants to improve the quality of water bodies.
Rapid urbanization and rising global population may boost up product demand in the future. By 2050, around 66% of the global population is expected to move from rural to urban location. This will further create a need for infrastructure and public services. Rapid urbanization in the emerging economies will drive the need for freshwater resources in the respective countries. Limited number of freshwater resources will further create an opportunity for wastewater treatment industry in the future, which is likely to enhance the coagulant market demand in future.
Though coagulants have many benefits in wastewater treatment process, the disadvantages associated with the product might hamper industry growth in the upcoming years. The product contains harmful and toxic chemicals which somewhat restrains the acceptability of the product.. Moreover, highly skilled personnel is required to operate and maintain waste water coagulation process. These factors may hamper the product demand in the forecast time period.
Coagulant market has been segmented based on form, type, application and region. Granules and liquid are the most commonly available form of the products. Liquid coagulants are likely to have a significant growth in the forecast time period.
Based on type, coagulant market has been segmented into aluminum sulfate, ferric chloride, polyethylene (PE), polyamine, polyDADMAC, polyaluminum chloride (PAC) and others. Other types include polyamide (PA), rubber, etc. Aluminum sulfate are likely to have a significant growth in the upcoming years due to its wide application and lower cost. Organic coagulant such as polyDADMAC and polyamines may replace majority of the inorganic coagulants due to its higher charge neutralization larger size.
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Based on the end-user industry, coagulant market is segregated into mining, water treatment, pulp & paper, industrial and textile. Water treatment industry ias likely to witness the most significant growth in the coagulant market in the assessment period. The product is used to remove suspended solid matter or particles present in the wastewater to improve the quality of discharged water. Stringent government regulations on the discharge of wastewater in the emerging countries of Asia Pacific will witness coagulant market growth in the forecast time period. Pulp & paper industry will also be a key end-user industry in the market as the product is extensively used in the paper mill machinery. Industrial application segment will also have a considerable growth in the market in the forecast time period.
Asia Pacific is likely to witness a significant growth in coagulant market owing to rising product usage for the industrial application in major countries such as China, Japan, India, Indonesia, etc. North America and Europe will also have substantial product demand in the forecast time period. This is due to increasing government investment in improving the wastewater treatment facilities. Another factor which will propel the product demand in these regions are rising wastewater discharge from the industrial sectors. Stringent government regulations to control the discharge of toxic chemicals directly to water bodies will further create product demand in the forecast time period.
Some of the key market players of Coagulant market, includes Yara International, DSM, Kemira, Thermax, Lanxess, Feralco Group, Ecolab, Suez Water Technologies, SNF and Dow Chemicals.
Global Market Insights, Inc.
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