Cationic Reagent Market size is anticipated to reach USD 30 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of cationic reagent was over USD 19 Billion. The burgeoning global concern over water quality has emerged as a pivotal reason to augment the market revenue.
Moreover, current predictions indicate that there will be a 40% shortfall in freshwater resources by 2030, which, when combined with an increasing global population, will send the globe into a worldwide water catastrophe. As populations expand and industrial activities intensify, the discharge of pollutants into water bodies has escalated, necessitating robust water treatment processes. Cationic reagent, with their ability to neutralize negatively charged particles and contaminants through flocculation and coagulation, have gained prominence in the quest for cleaner and safer water sources.
In addition, the need for effective water treatment solutions worldwide will propel the cationic reagent market expansion by the end of 2036. Communities cannot build piped water systems that serve the entire community in many places of the world. More than 2 billion people do not have access to drinking water that is properly managed currently. Rapid urbanization, industrialization, and agricultural activities have led to the release of various pollutants into water bodies, posing a serious threat to public health and the environment. Cationic reagent are chemicals with positively charged ions that are often used in various industries, including water treatment, pharmaceuticals, and chemicals.
Author Credits: Smruti Ranjan, Rajrani Baghel
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