Wellesley, Mass, March 20, 2017 (GLOBE NEWSWIRE) -- New proprietary research by BCC Research reveals that nontraditional applications of flocculants, growing government investment in water-treatment projects, and the shale gas boom are key drivers of the global market for flocculants. From 2016-2021, this energetic market should register a 6.2% compound annual growth rate (CAGR).
BCC Research's Flocculants: Technologies and Global Markets reports that growing awareness about the importance of water treatment and an increase in government investment in water-treatment projects have spurred applications of water-treatment chemicals globally, especially in the Asia-Pacific region.
Research Highlights
- The increasing use of polyacrylamide (PAM) and its derivative-based flocculants in both municipal and industrial sectors.
- The growing concern among municipal and industrial customers about metallic oxides and salts in used water has led to greater use of anionic flocculants.
- The increasing applications of flocculants in mining, pulp and paper, refinery, and manufacturing sectors due to environmental actions.
"Stringent environmental norms imposed by environmental and drinking-water protection agencies of different countries is a key growth factor," says Kevin Fitzgerald, BCC Research editorial director. "As more applications for flocculants develop, their use will pick up in mining, pulp and paper, refinery, and manufacturing sectors."
Anionic Flocculants Usage on The Rise
Growing concern among municipal and industrial customers regarding the presence of metallic oxides and salts in used water has pushed growth of anionic flocculants.
"Excess metal ions and salts in water not only create health hazards for customers, but also decrease the performance efficiency of machines used in power plants, manufacturing facilities, refineries, and so forth," notes Fitzgerald. "To address these issues, both municipal and industrial sectors are opting for cationic, nonionic, and anionic flocculants for flocculation purposes."
About BCC Research
BCC Research is a publisher of market research reports that provide organizations with intelligence to drive smart business decisions. By partnering with industry experts worldwide, BCC Research provides unbiased measurements and assessments of global markets covering major industrial and technology sectors, including emerging markets. For more information about BCC Research, please visit bccresearch.com. Follow BCC Research on Twitter at @BCCResearch.