The rising requirement for water treatment in several countries is pushing up the demand for flocculants and coagulants across the world. Due to the surging population levels, many countries are witnessing a sharp surge in urbanization and industrialization, which are, in turn, augmenting the environmental degradation. Moreover, with soaring industrialization, the pollution of water bodies is rising rapidly, which is, causing a massive shortage of safe and clean drinking water.
This is, in turn, propelling the sales of flocculants and coagulants as these materials are used for treating water and making it safe for drinking. With the surging sales of these materials, the global flocculants and coagulants market is set for lucrative growth in the coming years. Flocculants and coagulants are basically water treatment chemicals that are required for removing toxic wastes from water. The usage of flocculants causes the clumping of waste particles.
Geographically, the flocculants and coagulants market recorded the highest growth in the Asia-Pacific (APAC) region. Moreover, the industry will register huge expansion in the APAC region in the coming years, as per the estimates of P&S Intelligence, a market research firm based in India. This will be because of the rising requirement for flocculants and coagulants chemicals in various chemical industries, the high industrial output, and the rapid economic progress of the regional countries.
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The widening application base of flocculants and coagulants is boosting the demand for these chemicals, worldwide. To cater to this demand, several companies are introducing advanced products. Some of the key players include BASF SE, SUEZ, Akzo Nobel N.V., SNF s.a.s., Feralco AB, National Aluminum Company Limited, Kurita Water Industries Ltd., Kemira Oyj, Evonik Industries AG, Ecolab Inc., Solvay SA, Chinafloc, Cytec Industries, and Jayem Engineers.
Hence, it is safe to say that the sales of flocculants and coagulants will soar across the world in the future years, primarily because of their ballooning usage in the water treatment process and the growing requirement for water treatment processes in various countries around the world.