| The report “Organic Coagulant Market by Type (Polyamine, Polydadmac), Application (Municipal Water Treatment, Industrial Water Treatment), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast to 2027″, is projected to reach USD 2.9 billion by 2027, at a CAGR of 8.1% from USD 2.0 billion in 2022. The major drivers for the organic coagulants market are growing water scarcity, urbanization, rapid industrialization, and stringent regulatory & sustainable mandates concerning the environment. The growing demand for alternate water treatment technologies is the major restraint in this market. Opportunities for the market include increase in demand for specific formulations, rising population, and rapid urbanization in emerging economies.
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Some of the prominent key players are: · Kemira Oyj (Finland) · SNF Group (France) · BASF SE (Germany) · Veolia (France) · Ecolab (US) · Kurita Water Industries Ltd. (Japan) · Baker Hughes Company (US) · Solenis (US) · USALCO (US) · Buckman (US) Driver: Harmful effect of inorganic coagulant Inorganic coagulants, such as aluminum and iron salts, have been used for decades to treat drinking water and wastewater due to their effectiveness in removing impurities and contaminants from water. However, they have also been associated with several hazards and drawbacks. They have the potential to produce harmful by-products, such as trihalomethanes (THMs), when they react with organic matter in water. Limiting the development of THMs in treated water is crucial because they are considered to be carcinogenic and can pose a health risk to humans. The use of inorganic coagulants may cause heavy metals to accumulate in the treated water, which could be harmful to human health. By application, oil & gas in industrial water treatment is projected to estimate the highest CAGR during the forecast period in the organic coagulant market
Oil & gas is a major end-user of organic coagulants. In oil & gas drilling and fracking operations, a large quantity of water is required. Many chemicals are mixed with water, and their concentrations and compositions vary with the rock formation. In onshore operations, water is normally sourced from nearby water treatment plants, while in offshore operations, seawater is used, which requires more treatment apart from the normal filtration process.
Asia Pacific is projected to be fastest growing amongst other regions in the organic coagulant market, in terms of value
The demand is mainly driven by factors such as rising demand for clean and safe water, growing population and urbanization, and stringent regulations governing water treatment and purification. It is the largest crude oil importing region, globally. The region consists of most emerging economies of the world such as China, Japan, India, South Korea, Indonesia, and others, and is projected to be a leading market for organic coagulants.
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