Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6387.25 Million | USD 10,910.45 Million | 5.55% | 2021 |
FrequentlyAsked Questions
The global flocculant and coagulant market is projected to grow owing to the increasing need and rising demand for proper wastewater management owing to the serious implications industrialization have on the quality of available water. Wastewater refers to any water that is required to be cleaned or treated before being put back into the ecosystem for future use.
According to Zion Market Research, the global flocculant and coagulant market size was worth around USD 6387.25 million in 2021 and is predicted to grow to around USD 10,910.45 million by 2028 with a compound annual growth rate (CAGR) of roughly 5.55% between 2022 and 2028.
The global flocculant and coagulant market is projected to be dominated by North America in the coming years following the trend from the previous year. The region may hold a global market share of over 28% during the projection period. The regional growth is expected to be driven by the stringent rules and regulatory policies in the US and Canada in the chemical and oil & gas industry, mandating every player in the region to adhere to published guidelines.
The global flocculant and coagulant market is led by players like SNF (UK) Ltd, TRIO Chemicals & Allied Products, Cytec Industries Inc., Tidal Vision, Ecolab Inc., Evoqua Water Technologies, Jayem Engineers, SUEZ, Feralco, and Akferal amongst others.
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