Global Flocculants Market 2022-2028

Title:
Global Flocculants
Market Size, Share & Trends Analysis Report, By Type (Organic Flocculants and Natural Flocculants), By End-User (Municipalities, Oil & Gas, Food & Beverages, Metal & Mining, and Others), and Forecast 2022-2028.

The global flocculantsmarket is anticipated to grow at a substantial CAGR of 6.1% during the forecast period. The increasing prevalence of water borne diseases and need for purified water is one of the factor which is significantly growing the flocculants market. Increased amounts of untreated sewage, combined with agricultural runoff and industrial discharge, have degraded water quality and contaminated water resources around the world. Globally, 80% of wastewater flows back into the ecosystem without being treated or reused, contributing to a situation where around 1.8 billion people use a source of drinking water contaminated with faeces, putting them at risk of contracting cholera, dysentery, typhoid and polio. According to WHO, Water quality data are not collected routinely in a majority of countries. This means that over 3 billion people are at risk because the health of their freshwater ecosystems is unknown.

The global flocculants market is segmented based on type and end-user. Based on type the market is sub-segmented into organic flocculants and natural flocculants. Based on End-User the market is sub-segmented into Municipalities, Oil & Gas, Food & Beverages, Metal & Mining, and Others. Based on end-user, the food & beverages segment will grow at considerable rate, owing to huge requirement for water by this industry. Agriculture is the largest consumer of the world's freshwater resources. According to WHO, 72% of all water withdrawals are used by agriculture and While almost 800 million people are currently hungry, by 2050 global food production would need to increase by 50% to feed the more than 9 billion people projected, whch in turn will increase the demand for the global flocculants market.

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.Europe dominates the market and is expected to continue its presence over the forecast period. The growth can be attributed to the presence of well established chemical and pharma industries.Europe is the second largest chemicals producer in the world. In Europe Beyond chemical manufacturers, the biggest industrial users of chemicals are the rubber & plastics, textiles, construction, computer production, and pulp & paper sectors. Overall, 56% of EU chemicals sold to downstream users go to other industrial sectors. According to CEFIC, Base chemicals represented 58% of total EU27 chemical sales in 2020. Petrochemicals and specialty chemicals accounted for the majority - 54.7% - of EU27 chemical sales. Also, Germany and France are the two largest chemicals producers in Europe valued at €227.4 billion, followed by Italy and the Netherlands. These four countries accounted for 65.2% of EU27 chemical sales in 2020

The major companies serving the global flocculantsmarket are: Toagosei Group, The Dow Chemical Co., Solvay SA, Solenis International LP and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, Insightful Science, announced that it has acquired Omiq Inc. Omiq provides impressive efficiencies to assist researchers while working with flocculants data through its novel combination of high-performance analytical power, centralized GxP compliant framework, and modern user-focused.

Research Methodology

The market study of the global flocculantsmarket is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, researchpapers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

• 1. Global FlocculantsMarket Research and Analysis by Type

• 2. Global FlocculantsMarket Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the globalflocculantsmarket.

• This report also includes a detailed and extensive market overview with key analyst insights.

• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

• Analysis of regional regulations and other government policies impacting the global flocculantsmarket.

• Insights about market determinants that are stimulating the global flocculantsmarket.

• Detailed and extensive market segments with the regional distribution of forecasted revenues.

• Extensive profiles and recent developments of market players.