Global Flocculant and Coagulant Market Projected to be Worth USD 21,274 Million by 2021: Technavio
LONDON–(BUSINESS WIRE)–#Chemicals–According to the latest market study released by Technavio,
the global
flocculant and coagulant market is projected to reach USD
21,274 million by 2021, growing at a CAGR of more than 8% over the
forecast period.
This research report titled ‘Global
Flocculant and Coagulant Market 2017-2021’ provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
This market research report also includes up to date analysis and
forecasts for various market segments and all geographical regions.
Coagulants and flocculants are extensively used in almost every |
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Based on the applications, the report categorizes the global flocculant
and coagulant market into the following segments:
- Water and wastewater treatment
- Oil and gas
- Mineral extraction
- Others
The top three revenue-generating application segments in the global
flocculant and coagulant market are discussed below:
Water and wastewater treatment
Flocculants and coagulants are widely used in water and wastewater
treatment due to a decrease in available freshwater supplies and the
rising demand for clean, potable, drinking water to satisfy the needs of
the growing global population. Water and wastewater treatment is a
process of removing undesirable chemicals, materials, and biological
contaminants from raw water.
“Flocculants and coagulants are used in water and wastewater
treatment to provide water that is fit for the consumption. The water is
treated for various other purposes and should meet the requirements of
industrial, chemical, pharmacological, and medical applications,” says
Ajay Adikari, a lead analyst at Technavio for metals
and minerals research.
Oil and gas
Flocculant and coagulant chemicals are extensively used by the oil and
gas segment for oil and gas exploration, production, refining, and
recycling operations. Quality is a key concern in oil recovery and
refining where water is reused and discharged. A reliable water
treatment system in oil and gas plants ensures a long-lasting service
life of the facilities.
Flocculants and coagulants are required to reduce the mud waste during
the drilling process and help in optimizing the water reuse. These
chemicals help in removing the contaminants to achieve the required
water quality for oil and gas operations.
Mineral extraction
“Mineral extraction companies use flocculants and coagulants for
liquid-solid separation based on their particle size and ionic charge.
They are used in the separation of alumina, copper, coal, iron, steel,
and for another base and precious metals,” says Ajay.
The commonly used flocculants in mineral extraction include aluminum
chlorohydrate, polyaluminum chloride, calcium hypochlorite, and ferric
chloride hexahydrate. The market for flocculants is expected to observe
speedy growth due to the awareness and stringent policies for
environment safety.
The top vendors highlighted by Technavio’s research analysts in this
report are:
- Akzo Nobel
- BASF
- Cytec Solvay Group
- Kemira
- SNF Group
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.
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