Electrocoagulation Market Share

North American Market Forecast

Electrocoagulation market in the North America region is expected to hold the largest revenue share of 35% during the forecast period. This can be attributed to the rise in strategic pharmaceutical collaborations in the area, particularly between early-stage and well-established businesses. Due to the implementation of strict wastewater treatment rules and the expansion of the industrial sector in the region, the electrocoagulation market size in North America is expected to expand steadily over the course of the forecast period. The United States Environmental Protection Agency (US EPA) estimates that between 23,000 and 75,000 sanitary sewer overflows occur annually. Sewage treatment plants release between 3 and 10 billion gallons of untreated effluent annually.

European Market Statistics

Electrocoagulation market in the Europe region is projected to hold the second largest share of about 25% during the projected period. The significant water use in sectors like sugar & ethanol and petrochemicals drives market expansion in the region. Among the industrial chemicals used for water treatment in Europe are solvents, corrosion inhibitors, coagulants and flocculants, and antiscalants. Water treatment chemical development in the European Union was greatly influenced by regulations created by the Europe Industrial Emission Directive to control industrial emissions. The European market for water treatment chemicals is expanding, and one of the main reasons for this is the growing demand for energy in places like Germany, France, and the United Kingdom.