Global Flocculants Market 2017 to grow at a Impressive CAGR of 9.23% to 2021

Summary

Orbis Research Comprehensive Report: Global Flocculants Market to grow at a Striking CAGR of 9.23% during the period 2017-2021.

Description

Market Research Report – Global Flocculants Market 2017-2021

The Following Companies as the Key Players in the Global Flocculants Market: AkzoNobel, BASF, Evonik, Kemira, and Solvay

Other Prominent Vendors in the market are: Aditya Birla Chemicals, Feralco, Huntsman, and SNF Group

Commenting on the report: “The global flocculants market is dominated by several conglomerates. Owing to their strong financial advantage over small and medium-sized competitors, they are investing significant capital in R&D and marketing. Technavio expects considerable consolidation in the market over the next five years, with many small players being acquired by the major ones, as well as an increase in the number of strategic collaborations. The acquisitions will enable the large players to maintain their dominant positions in the market and limit the price-based competition to some extent. However, this trend has advantages and disadvantages. While it may often be perceived to limit the bargaining power of consumers, it helps major vendors to sustain increasing R&D expenditures and in the launch of innovative, effective, and environment-friendly product offerings.”

According to the report, in many regions, the municipal water and wastewater treatment plants often choose chemicals that offer a competitive price-performance ratio. Moreover, public water treatment plants are choosing chemicals that are easily available in short period. Hence, chemicals that justify the price-performance criteria by offering value-added features are likely to experience better growth. This, in turn, is likely to lead to a more profitable treatment process. Therefore, the increasing demand for cost-effective chemicals is one of the most promising driving factors for this market.

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Further, the report states that the cost of raw materials, as well as energy generation and logistics, strongly influences the overall water and wastewater treatment chemical production costs. This, in consequence, increases wastewater treatment chemical prices. Therefore, other cost-saving treatment methods (such as mechanical or biological), rather than those based on chemicals, are becoming popular. The municipal water and wastewater treatment industry is highly price-sensitive. Therefore, it is crucial to purchase the most effective solutions at the appropriate price. The unstable prices of raw materials cause major difficulties in water and wastewater treatment chemicals manufacturers’ budgetary plans. As it is difficult to plan the volume of demand for chemicals, some manufacturers exited the municipal market and switched to the industrial water and wastewater treatment market. In Europe, growing production costs dictated by unstable raw material prices and increasing energy costs significantly restrain the wastewater treatment chemicals market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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