The new report by Expert Market Research titled, ‘Global Water Clarifiers Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global water clarifiers market, assessing the market based on its segments like design, chemical type, material, application, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2021-2026)
- Historical Market Size (2020): USD 6.38 Billion
- Forecast CAGR (2021-2026): 7%
- Forecast Market Size (2026): USD 9.41 Billion
The growth for global water clarifiers market is driven by the growing need for water recycling. The increasing wastewater generation due to rapid urbanisation and depleting freshwater reserves globally has led to the need for water recycling. Additionally, stringent regulation by governments for water conservation and reducing water pollution is expected to drive the market further. Moreover, the setting up of water treatment plants by the governments globally will aid in the market growth. However, initial high cost of setting up of water clarifiers and availability of cheaper substitutes may constrain the growth in the forecast period.
Industry Definition and Major Segments
Water clarifiers are mild coagulating agents that results in effective filtration by clumping dust particles. Water clarifier enhances the water clarity and flocculates oil droplets, pigments, fine particles, algae, and sediments from the water efficiently, rendering it drinkable and clear.
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The industry can be segmented based on design into:
- Rectangular
- Circular
- Others
Based on chemical type, the market can be categorised into:
The market on the basis of material can be divided into:
- Carbon Steel
- Stainless Steel
- Fibre-Reinforced
- Others
Based on application, the industry can be divided into:
- Municipal
- Metals and Mining
- Pulp and Paper
- Food Processing
- Power Generation
- Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
Regionally, North America is the largest shareholder in global water clarifiers market. This can be attributed to rapid advances in the wastewater treatment technologies which in turn has resulted in increasing investments in wastewater treatment plants across the region. Additionally, factors such as increasing penetration of the key players, and mandatory installation of wastewater treatment plant by industries are expected to push the growth for water clarifiers market. Meanwhile, the increasing demand for fresh water in Asia Pacific due to rapid urbanisation, increasing population, and depleting freshwater reserves will result in the fastest regional growth for global water clarifiers in the forecast period.
Key Market Players
The major players in the market are BASF SE, Suez Water Technologies & Solutions, Aries Chemical Inc., Ecolab Inc., Murugappa Organo Water Solutions Private Limited, Parkson Corporation, and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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