Inorganic Coagulants Market

Inorganic Coagulants Market

Growth Factors of Inorganic Coagulants Market

The inorganic coagulants market size was valued at USD 3.61 billion in 2023, and the market is now projected to grow from USD 3.84 billion in 2024 to USD 6.68 billion by 2032, exhibiting a CAGR of 7.1 % during the forecast period of 2024-2032.

The inorganic coagulants market was very much influenced by the COVID-19 pandemic. Disruption of the supply chain, and suspension of operations affected demand for short-term particularly in water treatment and construction. But as the awareness about hygiene and water sanitation increased in the world, the need of coagulants in the municipal water treatment also increased. The industry’s recovery was a slow process due to changes in the raw material prices and shortage of labour force in the production line. However, these disruptions led to the market to shift its emphasis towards providing critical services and can be seen to be growing at a steady pace in the post COVID-Era.

The major sources that drive the demand of inorganic coagulant are aspects of clean water and standard environment. The availability and constant usage of coagulants in water treatment processes for the improved removal of polluents and suspended particles indicate that the problem of water pollution is on the rise due to the increasing number of consumers in the urban areas and the intensified industrial activities that have lead to Cases of pollution to the water sources thereby affecting their quality. Inorganic coagulants are also used in other industries like paper and pulp and construction since it is economical and efficient in the separation of solids and liquid. The above-mentioned factors are driving the inorganic coagulants market growth.

The following trends have been noticed in the market of inorganic coagulants today: The more stringent focus on environmental friendly products such as green products. Because of the new regulation in the market, the manufactures are developing new coagulant chemicals that have less toxicity and are not dangerous to the environment. Similarly, use of inorganic coagulants is increasing in desalination plant as water is rare in many parts of the world. The above-mentioned factors are driving the inorganic coagulants market share.

Comprehensive Analysis Inorganic Coagulants Market

According to classification by type, inorganic coagulants can be grouped as aluminum coagulants, iron coagulants as well as others. Aluminium-based coagulants like aluminium sulphate forms the largest part of intake in coagulant due to cheapness but iron-based coagulants are very effective in removing impurities like ferric chloride. These coagulants are are used in different areas like in the treatment of municipal water supply to provide safe drinking water and in industries such as pulp and paper industries, textiles, oil and gas, power sector and mining and metallurgical industries. These coagulants are used in the industries to aid in water purification, wastewater treatment and other processing activities in the industries.

As the largest market of inorganic coagulants Asia-Pacific is experiencing the consistent rates of the industrialization, urbanization, and population growth. Many emergent countries like china and India are experiencing the growing demand for clean water due to the concern for environs and high standards in the water treatment industry set by the government. The growing industries in the region including textile, power generation and Pulp and paper industries consequently prop the demand for coagulants. Infrastructural expansion and proper techniques of wastewater are also pinning up the market. As due care and sustainable water solutions are being planned and implemented across Asia-Pacific countries and rigorous pollution control strategies are set and being materialized, Asia-Pacific is well-poised to sustain its dominance.

Key players in this sector include AKKİM (Istanbul), Alumichem (Denmark), Kemira (Finland), ChemREADY (U.S.), BASF SE (Germany), Feralco AB (Sweden), Holland Company Inc. (U.S.), Chemtrade Logistics Inc. (Canada)

Concerning the new trends and innovations, the year 2023 found inorganic coagulants market implementing the hybrid coagulants composed of aluminum and iron. These coagulants are developed for application in water treatment as well as wastewater treatment and provide better flock formation, high rate of settling and higher pollutant removal efficiency. The innovation responds to the growing need for better solutions in some sectors such as the municipal water treatment and desalination. This new product uses fewer chemicals, produces less sludge; it enhances the quality of water, which is a major development in coagulant technology.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 7.1% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

- Aluminium Based

- Iron Based

- Others

By Application

- Municipal

- Pulp & Paper

- Textiles

- Oil & Gas

- Power Generation

- Mining & Metallurgy

- Others

By Geography

- North America (By Type, Application, and Country)

• U.S. (By Type)
• Canada (By Type)

- Europe (By Type, Application, and Country)

• Germany (By Type)
• U.K. (By Type)
• France (By Type)
• Italy (By Type)
• Rest of Europe (By Type)

- Asia Pacific (By Type, Application, and Country)

• China (By Type)
• Japan (By Type)
• India (By Type)
• Southeast Asia (By Type)
• Rest of Asia Pacific (By Type)

- Latin America (By Type, Application, and Country)

• Brazil (By Type)
• Mexico (By Type)
• Rest of Latin America (By Type)

- Middle East & Africa (By Type, Application, and Country)

• GCC (By Type)
• South Africa (By Type)
• Rest of Middle East & Africa (By Type)


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