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Global Water Clarifiers Market to Grow at a CAGR of 7% During 2021-2026, Aided by the Depletion of Fresh Water Resources and the Favourable Government Initiatives

According to a new report by EMR titled, ‘Global Water Clarifiers Market Report and Forecast 2021-2026’, the market attained a value of USD 6.38 billion in 2020. The industry is further expected to grow at a CAGR of 7% in the forecast period of 2021-2026 to reach a value of USD 9.41 billion by 2026.

The market is being driven by the growing efforts of governments worldwide towards implementing water treatment regulations. Moreover, the municipal segment of the market is expected to propel the market growth over the forecast period. This can be attributed to the large volume of water required for various industrial applications in developing countries like India and China. Furthermore, there has been an observed growth in the demand for flocculants from the pulp and paper as well as the food processing industries for the treatment of water that is further used for numerous industrial procedures. This, in turn, has significantly enhanced the demand for water clarifiers in various application sectors. Additionally, the rising demand for coagulants owing to their wide applicability and cost-efficiency is likely to have a positive impact on the progress of the market.

Recently, some key industrial developments have shown the potential to be the key drivers for the market over the forecast period. For instance, in January 2020, Evoqua Water Technologies (NYSE: AQUA), in collaboration with Riordan Materials Corporation and Nittany Engineering & Associates, upgraded the Bellefonte Borough Authority Wastewater Treatment Plant. This upgradation work involved the installation of new water clarifiers, which increased the plant’s maximum capacity to 3.2 million gallons per day. In a similar case, CBCL Ltd. took up the project of upgrading the Charlottetown Wastewater Treatment Plant. The work involved the replacement of water clarifiers dating back to 1970, with new ones. Thus, such developments are expected to aid the industry growth in the coming years.
 
Market Analysis by Design, Chemical Type, Material, Application, and Region:

  • The market on the basis of design can be divided into rectangular, circular, and others. 
  • Based on chemical type, the industry can be divided into coagulants, flocculants, and pH stabilisers. Among these, the coagulants segment is further bifurcated into organic and inorganic, based on type.
  • The industry can be segmented on the basis of material into carbon steel, stainless steel, fibre-reinforced, and others.
  • Based on application, the market can be segmented into municipal, metals and mining, pulp and paper, food processing, power generation, and others. 
  • The regional markets for water clarifiers include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

Key Findings of the Report:

  • The market is being driven by the growing scarcity of freshwater resources and the rising environmental concern.
  • The stringent government regulations regarding the treatment of wastewater is expected to further propel the market growth.
  • The increasing global population is expected to be one of the key factors contributing to the growth of the industry.
  • The rapid industrialisation, particularly in emerging nations, is expected to have a positive influence on the growth of the industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for water clarifiers  for the periods (2016-2020) and (2021-2026). 
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the designs, chemical types, materials, applications, and regions of water clarifiers. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models. 

The major players in the global water clarifiers market are BASF SE, Suez Water Technologies & Solutions, Aries Chemical Inc., Ecolab Inc., Murugappa Organo Water Solutions Private Limited, and Parkson Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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