Rising water pollution levels and increasing
incidents of water-borne diseases are driving the growth of the flocculants and coagulants market.
Globally, the market is expected to reach $14,225.3 million by 2023, providing
huge opportunities to manufacturers and suppliers of flocculants and
coagulants. Coagulants
destabilize a colloid by neutralizing the charged particles.
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The problem of water pollution is as
old as human existence itself. We need water for every basic life process, from
drinking, cooking, and agriculture to bathing and washing. However, almost
every water source available today is contaminated, especially in developing
countries. This is the reason water and sewage treatment has become the need of
the hour. Consequently, the flocculants
and coagulants market has grown rapidly around the world.
The APAC utilizes flocculants and
coagulants more than other regions owing to an acute water pollution problem. The difference in
the 2017 sales of these substances in APAC and North America was over 1500
kilotons, hinting that the flocculants
and coagulants market has prospered more in developing countries. The
consumption of these materials in the APAC region in the coming years is slated
to be almost triple compared to North America! A reason for this is the shift
from simple chemicals like alum to more advanced substances, as these are
better at the process and also more cost-effective.
Another
factor that cannot be ignored is the rise in the occurrence and awareness about
waterborne disease. As most water sources in the APAC countries are
contaminated, the demand for flocculants and coagulants for water treatment is
increasing rapidly. Although the availability of alternative technologies, such
as UV irradiation and membrane filtration, might impede the growth of the flocculants and coagulants market to
some extent, these are rather expensive and quite complicated to use.
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Countries
going through industrialization will offer huge opportunities to the flocculants and coagulants market players, as more industries mean more effluents being discharged into rivers
and seas. Players are already preparing to deal with the demand surge by
acquiring or merging with related firms, expanding their manufacturing
capacities and coming up with more effective substances. For instance, Akzo
Nobel N.V. and Evonik Industries AG entered into a joint venture in 2018 to
increase their potassium hydroxide and chlorine production exponentially.
With
an unceasing surge in population and industrialization and the consequent rise
in demand for clean water, the size of the industry is only slated to grow.
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