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Significant Growth of Polyferric Sulfate Market over the Forecast Period 2018 – 2026

01-11-2021 01:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Coherent Market Insights

Significant Growth of Polyferric Sulfate Market over

Polyferric sulfate is an inorganic polymer flocculating agent available in both solid and liquid forms. The liquid form of polyferric sulfate is available in red-brown color and the solid form is available in light yellow powder. Polyferric sulfate is widely produced and used for both industrial and municipal water treatment procedures and is considered an effective coagulant in oily water clarification. It has several advantages such as low sewage sludge, the higher density of alumen ustum, and high speed of precipitation, making it better for water treatment. Moreover, polyferric sulfate applies to a wide range of pH values, allowing it to be used in the treatment of industrial water, urban sewage, industrial wastewater, and drinking water.

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Growing awareness among people about water contamination, the increase in water treatment facilities, and the reuse of water due to stringent regulations and government initiatives across the globe. For example, in 2019, SUEZ received a contract to build and operate India’s largest wastewater treatment plant in New Delhi (India). The company will equip the plant with state-of-the-art wastewater treatment technologies to restore optimum water quality to the Yamuna River. Moreover, in 2018, the European Commission proposed to facilitate the reuse of water for agriculture irrigation in the European Union. Treated wastewater can be reused during weather variability and seasonal droughts to save farmers from crop failure and income loss, according to the European Commission. The above-mentioned factors are expected to foster the polyferric sulfate market growth.

In terms of geography, the polyferric sulfate market is divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The Asia Pacific is expected to witness substantial growth in the market due to growing awareness about water conservation and reuse in emerging economies such as India. For example, in 2019, SUEZ received a US$ 72 million contract to improve the water distribution service for the City of Mangalore (India).

Governments worldwide are enforcing stringent rules and regulations for water treatment, which is expected to increase the demand for polyferric sulfate as they are widely used in water and sludge treatment. For example, in 2017, the government of India introduced the National policy on Facial Sludge and Septage to provide proper services for water treatment and sludge management. However, the rising use of non-chemical methods as they create less pollution and considered hygienic, especially for municipal sludge treatment, is expected to restrain the polyferric sulfate market growth

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Key players in the Polyferric sulfate Market
Key players operating in the market include KeXing Environmental Material Factory, Carbosynth Limited, Hunan Yide Chemical Co.Ltd., Xianke Water Supply Materials Co., Ltd, Pencco, Inc., Vidar Water Industrial Co.Ltd., Cosmo Chemical Co.Ltd., Henan Aierfuke Chemicals Co.Ltd., Kemira, and Lubon Industry.

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CMI has around 150+ analysts working in various sub-verticals, and 50+ functional full time team members. In addition to this, the company has contract consultants in 24 countries working across the various industry verticals.

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