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.
However, the growing demand for alternative water treatment technologies, such as UV disinfection and RO filtration is a major restraint for market growth.
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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. However, the flocculant segment will be valued the highest during the forecast period, owing to its higher price than coagulants.
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Based on end-use industry, the pulp & paper segment of the flocculant and coagulant market is projected to grow at the highest CAGR between 2017 and 2022. Flocculants and coagulants are an integral part of the pulp & paper industry. The use of these chemicals helps to improve efficiency and performance of a production mill.
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.
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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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