Global Flocculants Market Size study, By Type (Synthetic Flocculants, Natural Flocculants, Mineral Flocculants), By Category (Anionic, Cationic, Non-Ionic, Others), By Application (Water Treatment, Oil and Gas, Minerals Extraction, Paper, Others), and Reg
Global Flocculants Market Size study, By Type (Synthetic Flocculants, Natural Flocculants, Mineral Flocculants), By Category (Anionic, Cationic, Non-Ionic, Others), By Application (Water Treatment, Oil and Gas, Minerals Extraction, Paper, Others), and Regional Forecasts 2022-2028
Global Flocculants Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Flocculants or Flocculating agents are chemical additives that are used in water treatment, municipal and industrial waste treatment, mineral processing, and Oil & Gas Refining, and papermaking applications. Flocculating agents are available in two formats such as inorganic salts and water-soluble organic polymers. Growing water and wastewater treatment industry and increasing end use application of Flocculants as well as rising number of oilfield exploration are key drivers for growth of Flocculants Market. For instance, according to Statista – in 2020, the global market for water and wastewater treatment was estimated at USD 263.07 billion. The market is projected to grow to USD 500 billion by 2028. Furthermore, in January 2019, Kemira entered into a joint venture agreement with Yongsan Chemicals. Under this agreement a new JV named, Kemira Yongsan Chemicals Co., Ltd would be formed in Ulsan, Republic of Korea. The new company would produce chemicals for packaging and paper production, as well as for wastewater treatment industries. Also, growing R&D activities towards Bio Flocculants and increasing investment towards water treatment globally are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising development of alternative water treatment technologies and increasing demand for eco-friendly products impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Flocculants Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to rising demand from chemical industry and growing food and beverages sector. Whereas, North America is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing demand from oil and gas industries, and presence of the leading market players, would create lucrative growth prospects for the Flocculants Market across the North American region.
Major market players included in this report are: SNF Floerger Kemira OYJ (Finland) BASF SE (Germany) Solenis (U.S.) Buckman (U.S.) Feralco AB (Sweden) Suez (France) Ixom (Australia) Kurita Water Industries Ltd. (Japan) SOLVAY (Belgium)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type Synthetic Flocculants Natural Flocculants Mineral Flocculants By Category Anionic Cationic Non-Ionic Others) By Application Water Treatment Oil and Gas Minerals Extraction Paper Others By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE
Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020 Base year – 2021 Forecast period – 2022 to 2028
Target Audience of the Global Flocculants Market in Market Study: