FLOCCULANT AND COAGULANT MARKET ANALYSIS

Regional Insights

Asia Pacific is expected to be the fastest growing market over the forecast period. The demand for flocculants and coagulants from the municipal and industrial sectors has been increasing, owing to growth of industries and demand for fresh water reserves. Additionally, rapid industrialization has surged the consumption of municipal water, which in turn, has boosted growth of the market for flocculants and coagulants in the region. Furthermore, Asia Pacific holds the dominant market for the pulp and paper industry, with countries such as China and Indonesia leading the market.

The North American market for flocculants and coagulants is considered to be the largest market and is expected to sustain its dominance throughout the forecast period. Stringent government regulation for clean water supply coupled with huge industrial infrastructure in countries such as the U.S and Canada are expected to drive growth of the market in the region. Moreover, the discovery of shale gas in the region has further propelled the demand for flocculants and coagulants, owing to increasing demand for these products in the oil and gas industry.