The organic coagulants market is projected to reach USD 2.9 billion by 2027, at a CAGR of 8.1% from USD 2.0 billion in 2022. The growth of the global organic coagulants market can be attributed to the increasing demand for water treatment chemicals from various end-use industries such as paper making, sewage systems, municipal water treatment, and industrial water treatment.
The key global players in the organic coagulants market include Kemira Oyj (Finland), SNF Group (France), BASF SE (Germany), Veolia (France), Ecolab (US), Kurita Water Industries Ltd. (Japan), Baker Hughes Company (US), Solenis (US), USALCO (US), and Buckman (US) . These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
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Kemira Oyj is a global chemical company that offers various solutions for water-intensive industries. The Water business unit offers a wide range of products and services including coagulants, flocculants, scale inhibitors, biocides, and other specialty chemicals. The company's organic coagulants are used in a wide range of water treatment applications including the production of oil & gas, treatment of wastewater, and the manufacture of pulp & paper. The company also focuses on organic strategies such as agreements & joint ventures, expansions, acquisitions, and new product developments to strengthen its competitiveness in the global market. It also has widely spread manufacturing facilities in regions such as North America, South America, Central America, Asia Pacific, Europe, the Middle East, and Africa.
In September 2021, Kemira Oyj set up an R&D center in Pujiang Town, Shanghai, China. This has helped the company meet the rapidly growing market demand and develop renewable, biodegradable, and recyclable products in the Asia Pacific. The 2,400 square meter R&D center offers bleaching, sizing, polymers, coagulants, and biomaterial application solutions to the China and Asia Pacific markets.
Veolia is one of the global leaders providing environmental solutions. Veolia offers solutions for water treatment and purification, wastewater treatment, and water reuse through the Water business segment. Organic coagulants are one of the main products Veolia offers for the treatment of water. The major strategies adopted by the company are partnerships & agreements and mergers & acquisitions to strengthen its footprint in the organic coagulants market globally.
In November 2022, Veolia, Vision Invest, and ADQ entered into an agreement with the Abu Dhabi National Oil Company Refining (ADNOC Refining) for the treatment of hazardous industrial waste. This agreement has strengthened the company's market presence in the Middle East.
Also, in April 2021, Veolia acquired SUEZ Water Technologies & Solutions which offers water and wastewater treatment services, with resilient and innovative solutions. This has helped the company increase its reach globally and also strengthen its product and services portfolio.
Organic Coagulant Market by Type (Polyamine, Polydadmac), Application (Municipal Water Treatment, Industrial Water Treatment), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2027
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