Global Flocculants Databank Market Report

Global Flocculants Databank Market Report

The Flocculants market was valued at $7,829.6 Million in 2022, and is projected to reach $10,820.1 Million by 2031 growing at a CAGR of 3.70% from 2023 to 2031. Synthetic Flocculents segment is expected to be the highest contributor to this market, with $4,927.6 Million in 2022, and is anticipated to reach $6,502.7 Million by 2031, registering a CAGR of 3.17%. Mineral Flocculents segment is anticipated to reach $605.2 Million by 2031 with the highest CAGR of 8.04%. Synthetic Flocculents and Natural Flocculants segments collectively expected to account for about 96.2% share of the Flocculants market in 2022, with the former constituting around 62.9% share. Mineral Flocculents and Natural Flocculants segments are expected to witness significant growth rates at a CAGR of 8.04% and 4.07% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 37.1% in the overall Flocculants market in 2022, and is anticipated to reach 39.9% by 2031.