The Latest Coagulant Industry Statistics Explained
The global coagulant market size was valued at USD 6.61 billion in 2017.
The statistic indicates that the global coagulant market had a total worth of $6.61 billion in the year 2017. This value represents the total revenue generated by companies worldwide that are involved in the production and sale of coagulants, which are substances used in processes like water treatment, medical procedures, and industrial applications to aid in clotting or precipitation. The market size reveals the significant scale of economic activity within this particular sector during that specific year and serves as a key indicator of the industry’s importance and potential growth opportunities.
The North American coagulant market is expected to grow by 5.3% by 2025 due to concerns over freshwater supplies.
The statistic suggests that the North American coagulant market, which is used in water treatment processes to remove impurities, is projected to experience a 5.3% growth rate by the year 2025. This anticipated growth is driven by concerns surrounding the availability and quality of freshwater supplies in the region. With increasing awareness of issues such as water scarcity and pollution, there is a growing emphasis on the need for effective water treatment solutions. As a result, the demand for coagulants, which play a crucial role in the purification of water, is expected to rise in order to meet the evolving challenges related to freshwater resources in North America.
The APAC region is expected to be the fastest growing region in the coagulant market by 2025.
The statistic indicates that the Asia-Pacific (APAC) region is projected to experience the highest growth rate within the coagulant market by the year 2025. This suggests that the demand for coagulants used in various industries such as water treatment, pharmaceuticals, and food processing is anticipated to increase substantially in the APAC region compared to other regions. Factors driving this growth could include rapid industrialization, increasing population leading to higher demand for clean water, and advancements in technology and infrastructure development. This trend highlights potential opportunities for businesses operating in the coagulant market to expand their presence in the APAC region and capitalize on the expected growth.
The food & beverage segment was the largest application for coagulants, accounting for 31.4% of the total market share in 2017.
This statistic indicates that within the coagulants market in 2017, the food & beverage industry accounted for the largest share of usage at 31.4%. This suggests that a significant portion of coagulants produced and consumed during that year was specifically used within the food & beverage sector, likely for purposes such as food processing, water treatment in beverage production, or other related applications. The dominance of the food & beverage segment in utilizing coagulants implies a strong demand and reliance on these substances within this industry compared to other potential applications, highlighting the importance of coagulants in facilitating various processes and products within the food and beverage sector.
The organic coagulant sub-segment is expected to reach $4.66 billion USD by 2025.
This statistic indicates that the organic coagulant sub-segment within a specific industry is forecasted to achieve a market value of $4.66 billion USD by the year 2025. Coagulants are substances commonly used in water treatment, among other industrial processes, to help gather and remove impurities. The growth in demand for organic coagulants suggests a shift towards more environmentally friendly and sustainable options within the industry. The projected increase in market value reflects the expected success and adoption of organic coagulants compared to traditional chemical-based alternatives, potentially driven by concerns over health and environmental impacts.
The global synthetic coagulant market is expected to register a CAGR of over 5.31% during the forecast period of 2020 – 2025.
This statistic suggests that the global synthetic coagulant market is projected to experience significant growth over the forecast period between 2020 and 2025, with a Compound Annual Growth Rate (CAGR) exceeding 5.31%. A CAGR of over 5.31% indicates a relatively robust and steady growth trend in the market for synthetic coagulants used in various industries such as water treatment, chemical processing, and pharmaceuticals. This growth forecast implies increasing demand for synthetic coagulants and suggests potential opportunities for businesses operating in this market to capitalize on the expanding market landscape during the specified timeframe.
Inorganics coagulant was the largest segment in the global market, accounting for over 55% of volumes in 2016.
The statistic indicates that in 2016, the inorganics coagulant segment was the leading category in the global market, representing more than 55% of the total volume. Inorganics coagulants are commonly used in water treatment processes to facilitate the removal of impurities and contaminants by causing particles to come together and form larger aggregates that can be easily filtered out. The dominance of inorganics coagulants in the market suggests their widespread usage and effectiveness in various industries such as municipal water treatment, wastewater treatment, and industrial processes. This statistic highlights the significant role that inorganics coagulants play in the global market for water treatment solutions.
The major industry players in the coagulant market include BASF SE, SNF Floerger, Solenis, and ChemTrade.
The statistic provided highlights the key players within the coagulant market, with BASF SE, SNF Floerger, Solenis, and ChemTrade identified as major industry competitors. These companies are recognized for their significant market presence and influence within the sector, likely through their extensive product offerings, distribution networks, research and development capabilities, and overall market share. Their prominence suggests they play a crucial role in shaping the coagulant market dynamics, potentially impacting pricing, innovation, and market trends. Monitoring the strategies and performance of these industry players can provide valuable insights into the overall health and trajectory of the coagulant market.
Urbanization in Southeast Asia is expected to drive demand for coagulants by a CAGR of 5.7% by 2025.
The statistic indicates that the process of urbanization in Southeast Asia is projected to result in an annual growth rate in demand for coagulants at a rate of 5.7% until the year 2025. Urbanization typically leads to an increase in population density and industrial activities, resulting in higher pollution levels in water sources. Coagulants are chemicals used in the water treatment process to remove impurities and achieve clean water standards. Therefore, the increasing urbanization in Southeast Asia is expected to drive the need for coagulants to treat water and meet the growing demand for clean and safe drinking water in the region.
Europe accounted for around 13% of the global coagulant market revenue in 2014.
The statistic “Europe accounted for around 13% of the global coagulant market revenue in 2014” indicates that European countries collectively generated approximately 13% of the total revenue from the worldwide market for coagulants in the year 2014. This suggests that Europe had a noteworthy presence in the coagulant industry on a global scale, contributing significantly to the overall market performance. The statistic provides insight into the regional distribution of market share within the coagulant industry and highlights Europe’s position as a significant player in the market during that specific period.
The industry volume for Organic coagulant is expected to reach 1,800 kilo tons by 2024.
The statistic indicates a projection for the industry volume of Organic coagulant, a type of chemical used in water treatment and other industrial processes, to reach a total of 1,800 kilo tons by the year 2024. This forecast suggests a significant growth in the demand for Organic coagulant over the specified timeframe. The increase in volume can be attributed to factors such as expanding applications in various industries, evolving regulations governing water treatment and environmental protection, and a shift towards more sustainable and environmentally friendly solutions. This statistic serves as a valuable insight for businesses operating in the Organic coagulant industry, allowing them to strategically plan for production, marketing, and distribution to meet the anticipated demand in the coming years.
The production of aluminum sulfate, a type of coagulant, is expected to grow at a CAGR of 2.1% in the US from 2020 to 2024.
The statement indicates that the annual production of aluminum sulfate, which is commonly used as a coagulant in industries such as water treatment and paper manufacturing, is projected to increase at a compound annual growth rate (CAGR) of 2.1% in the United States over the period from 2020 to 2024. This growth rate suggests a steady and incremental expansion in the production volume of aluminum sulfate each year within the specified timeframe. The projected increase in production reflects potential growth in demand for aluminum sulfate-based products and applications, as well as advancements in production technologies and processes within the industry. Additionally, this statistic could serve as a valuable indicator for stakeholders in the relevant sectors, providing insight into the anticipated trajectory of the aluminum sulfate market in the US over the next few years.
The global coagulant market size is expected to reach at USD 9.46 billion by 2025.
The statistic indicates that the global coagulant market is projected to grow significantly by reaching a size of USD 9.46 billion by the year 2025. This growth suggests increasing demand for coagulants, which are substances used to induce clotting in blood or precipitation in water treatment processes. Factors driving this market expansion could include population growth, urbanization, industrialization, and the need for clean water and efficient healthcare services worldwide. The predicted market size serves as an important indicator for stakeholders in the coagulant industry, signaling potential opportunities for investment, innovation, and strategic planning to meet the anticipated market demand and capitalize on the growth potential.
The demand of coagulant in paper & pulp industry, accounting for 17.1% of the total market share in 2019.
The statistic ‘The demand of coagulant in the paper & pulp industry accounted for 17.1% of the total market share in 2019’ indicates that coagulant, a substance used in the paper and pulp production process, was a significant component of the overall market for chemicals in that industry during the specified year. This statistic suggests that coagulant plays a crucial role in the paper and pulp manufacturing sector, with a considerable portion of resources and investments allocated towards this particular chemical. The high market share highlights the importance of coagulant in the production process, underlining its necessity and influence within the industry. Monitoring and analyzing trends related to coagulant demand can provide valuable insights for stakeholders in the paper and pulp sector.
The water treatment application sector, due to stricter regulations, is expected to grow the coagulant market by a CAGR of 6% from 2019 to 2025.
This statistic indicates that the market for coagulants, specifically within the water treatment application sector, is projected to experience significant growth with a Compound Annual Growth Rate (CAGR) of 6% over the period from 2019 to 2025. The driving force behind this growth is attributed to the implementation of more stringent regulations in the water treatment industry, which have necessitated the use of coagulants to effectively treat water. These regulations likely aim to improve water quality and safety standards. As a result, suppliers of coagulants stand to benefit from an expanding market as they cater to the increasing demand within the water treatment sector.
The Latin America coagulant market is expected to reach $826.4 million USD by 2023.
The statistic indicates a projected financial value for the Latin America coagulant market to reach $826.4 million USD by 2023. This figure represents the total anticipated revenue generated by the sales of coagulant products in the Latin American region within the specified timeframe. The increase in market size suggests a growing demand for coagulants, which are substances used in various industries like water treatment, healthcare, and food processing for their ability to promote clotting or precipitation. The prediction underscores the potential for growth and expansion within the coagulant market in Latin America over the next few years, reflecting economic trends, industrial developments, and consumer demand.
Inorganics render low sludge volume & high pollutant removal which positively influenced global coagulants Industry share, accounting over 65% in 2015.
The statistic presented highlights the positive impact of inorganic coagulants on the global coagulants industry in 2015. It indicates that inorganic coagulants were effective in reducing sludge volume and removing pollutants from water, which led to them accounting for over 65% of the market share. This suggests that the use of inorganic coagulants was not only environmentally beneficial in terms of reducing waste volume and pollution but also economically advantageous as they dominated the industry. Overall, it implies that the superior performance of inorganic coagulants in terms of sludge reduction and pollutant removal had a significant influence on the global coagulants market in 2015.
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