Why the Flocculants and Coagulants Market is Set to Explode? Major Keyplayers are BASF, AkzoNobel, Kemira, SUEZ, Kurita Water Industries Ltd, Solvay, Chinafloc

In the flocculants and coagulants market, flocculants are further categorized into anionic, cationic, and non-ionic types. Cationic type is expected to be the fastest growing category in the market, during the forecast period, in terms of value. Cationic flocculants are increasingly being utilized in the food and beverage industry for treating waste water and mining applications, driving their demand in the market. Coagulants are further categorized into organic and inorganic types in the market. Inorganic coagulants were the larger type in the market in 2017. The growth of this type can be attributed to its low cost and wide applicability across all end-use industries.

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In the recent years, countries such as India, China, Indonesia, and Thailand, have witnessed rapid economic growth which is supported by large-scale industrialization, construction projects, development of new power projects, and expansion of housing projects. Though the economic growth in these countries has helped in improvement of lifestyle of the people, however, this growth has also resulted in large-scale emission of pollutants in water bodies. Due to the growing concern of water pollution in developing countries, the need for water treatment is also arising. As a result, the developing countries offer huge scope for the growth of flocculants and coagulants market over the coming years.

Based on application, the flocculants and coagulants market are categorized into water and waste water treatment, oil and gas, mineral and extraction, pulp and paper, and others. The other application areas include agriculture and medical. Water and waste water treatment is expected to be the fastest growing application area in the market, advancing at a CAGR of 5.3% in terms of volume. Owing to the increasing need of meeting the ever-increasing demand of clean water is driving the demand of flocculants and coagulants in the municipal use.

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APAC was the largest flocculants and coagulants market, accounting for more than 45.0% sales volume in 2017. The region is expected to witness immense growth owing to the rising demand of flocculants and coagulants chemicals from expanding chemical industries. High industrial output along with rapid economic growth in this region is anticipated to further drive flocculants and coagulants demand in diverse industries such as oil and gas, metal, and food and beverage.

Some of the major players operating in the global flocculants and coagulants market are BASF SE, Kemira Oyj, SUEZ, Evonik Industries AG, Akzo Nobel N.V., Ecolab Inc., SNF s.a.s., Solvay SA, Feralco AB, Chinafloc, National Aluminium Company Limited, National Aluminium Company Limited, and Kurita Water Industries Ltd.

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