Coagulant Market Share

APAC Market Forecast

The coagulant market in Asia Pacific is predicted to account for the largest share of 35% by 2037 impelled by the increasing number of water treatment plants in developing countries, such as China, Japan, Taiwan, India, and others. The growing government initiatives in these countries to provide more and more people with safer drinking water are estimated to boost the coagulant market growth in the region. As per a report by the Global Water Forum, 42% of the deaths associated with unsafe supply of water occurred in Asia in the past decade. In addition, growing mass awareness regarding water pollution is also a major driver for the regional market growth.

North American Market Statistics

The North America coagulant market is estimated to be the second largest, during the forecast timeframe led by the growing consumption of recycled water. The US is the second largest consumer of recycled water, majorly desalinated wastewater. For instance, in the United States, around 3 billion gallons of water per day (bgd), or 13 million m3/d is reused. Currently, Californian farmers utilize more than 230,000 acre-feet of reclaimed water annually for a diverse range of crops. In addition, the presence of major pharmaceutical companies in the region, and the increasing development of drugs, are anticipated to propel the coagulant market growth.