Coagulant Market Regional Analysis:
APAC Market Insights
By 2035, Asia Pacific region is estimated to account for coagulant market share of around 35% 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. 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 Insights
The North America coagulant market is estimated to be the second largest, during the forecast timeframe led by the growing consumption 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.
