Pune, India, August 20,2019- [129 Pages Report] Water Clarifiers Market is projected to reach USD 7.43 billion by 2022, at a CAGR of 6.6% between 2017 and 2022. Declining freshwater resources coupled with stringent regulatory and sustainable mandates concerning the environment are key factors driving the water clarifiers market. However, the growing demand for alternative water treatment technologies, including UV disinfection and RO filtration is inhibiting the market growth.
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Based on type, the Water Clarifiers Market is segmented into coagulant, flocculant, and pH stabilizers. The coagulant segment is further divided into organic coagulant and inorganic coagulant. The inorganic coagulant subsegment of the coagulant type segment is estimated to lead the Water Clarifiers Market during the forecast period, in terms of volume and value. The growth of this subsegment can be attributed to the low cost of inorganic coagulants and their wide applicability across all end-use industries.
Water clarifiers are used across various end- municipal water treatment, pulp & paper, textile, petrochemicals, metals & mining, and other industrials. Based on end-use industry, the metals & mining segment is expected to grow at the highest rate during the forecast period. The requirement of water clarifiers is the highest in the metals & mining industry, as this industry is highly water-intensive.
Asia Pacific is expected to be the fastest-growing market for water clarifiers during the forecast period. Increasing population, rapid industrialization, and decreasing freshwater reserves in this region are expected to propel the demand for water clarifiers in both, municipal and industrial sectors. Rapid urbanization will result in increasing municipal water consumption, which, in turn, will lead to high demand for flocculants and coagulants.
Some of the major market players active in the global water clarifiers market include SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Buckman Laboratories, Inc. (US), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), and Kurita Water Industries Ltd. (Japan).
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