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Coagulant Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI3609

Coagulant Market Size

Coagulant Market is set to gain remarkable traction over 2024-2032, owing to the rapid urbanization and the subsequent rise in the generation of industrial wastewater worldwide. The capability to reduce suspended solids, including oil and organics, from influent and effluent wastewater will further boost the demand for coagulant agents over the forecast spell.
 

According to the report on RefiefWeb, annually, the global generation of municipal wastewater reaches 380 billion cubic meters. Projections indicate an anticipated increase in wastewater production by 24% and 51% by 2032 and 2050, respectively. With the industrial expansion and growing usage of water in commercial spaces, wastewater volume will bolster, pushing the product demand through 2032.
 

Coagulant Market Trends

As per the Colorado State University research, almost half of 204 freshwater basins studied in the U.S. will not be able to meet the monthly water demand by 2071. Rising scarcity of freshwater in the U.S., despite being considered an abundant resource, is one of the key trends characterizing the overall coagulant industry expansion.
 

Misallocation and overuse of fresh surface water from reservoirs, lakes, and rivers as well as diminishing levels of precipitation have led to a considerable decline in aquifer levels in the U.S. This has created a greater requirement for effective water treatments, in turn driving up demand for coagulant agents.
 

The significant expansion of the textile industry across developing nations like India will further drive the industry share, as coagulation plays a major role in the pretreatment of textile wastewater.
 

Coagulant Market Analysis

Based on type, the aluminum sulfate segment will register a strong demand by 2032 attributed to the growing acceptance of alum as a coagulant. The product is known for its efficacy, cost-effectiveness, and increased availability. Its ability to form solid flocs that facilitate the removal of suspended particles and contaminants from water sources has led to increased adoption in municipal and industrial settings. The rising awareness and stringent environmental regulations regarding water quality fuels its adoption as a viable option for water treatment and coagulation in third-world countries and the U.S., amplifying the segment growth over the foreseeable future.
 

Europe coagulant market will exhibit an appreciable growth rate through 2032, due to the rising concerns and impacts associated with sewage discharges in rivers. According to the current coverage of the EU’s Urban Wastewater Treatment Directive, 98% of the wastewater is collected and 92% is satisfactorily treated. In order to contribute further to this, many government & industrial entities are bolstering their spending on sewers, treatment centers, and other sectors, which could favor the adoption of coagulants for water purification in the region.
 

Coagulant Market Share

The competitive landscape of the global coagulant industry consists of companies such as Dow Chemical Company, SNF (S.P.C.M. SA), Suez Water Technologies, Ecolab, Feralco Group (Mellby Gård AB), Lanxess, Thermax (RDA Holdings Pvt. Ltd.), Kemira, DSM, and Yara International, among others. Strategic mergers and acquisitions, business expansions, and innovative product launches are key initiatives being employed by these companies to sustain their strong presence in the market.
 

Coagulant Industry News

In September 2023, Suez Water Technologies signed two new contracts for water management projects to support China in ecological transition. The projects will enable the nation to meet its 2060 carbon neutrality ambition.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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