Electrocoagulation Market Size & Share, by Type (Aluminium Electrodes, Iron Electrodes, Steel Electrodes, Copper Electrodes); End-Use (Chemicals & Pharmaceuticals, Food & Beverages, Automotive, Oil & Gas, Textile, Paper, Municipal Wastewater) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5486
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Electrocoagulation Market size is expected to cross USD 5.1 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of electrocoagulation was over USD 2.4 Billion. The increasing use of automation and Internet of Things technology in electrocoagulation systems can improve their monitoring capabilities, operational efficiency, and remote control, leading to wider industry adoption of these systems. Five or more automated divisions are present in over one-third of businesses.

In addition, manufacturers of electrocoagulation systems and academic institutions working together can promote technological developments and open doors for innovative and new product development.


Electrocoagulation Market
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Electrocoagulation Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

 ~ USD 2.4 Billion

Forecast Year Market Size (2036)

 ~ USD 5.1 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Electrocoagulation Sector: Growth Drivers and Challenges

Market-Growth-Drivers

     Growth Drivers

  • Demand for Eco-Friendly Wastewater Treatment Methods Is Growing- Wastewater from a variety of industries is released, and it must be treated before being utilized again. One of the main problems that many economies face is the scarcity of water. Therefore, in order to recover the vast amounts of industrial wastewater produced by various businesses, it is necessary to develop industrial wastewater treatment systems that are safe, affordable, and environmentally sustainable. Globally, 380 billion cubic meters of municipal wastewater are produced annually. It is anticipated that wastewater output will rise by 24% by 2030 and 51% by 2050. Industrial wastewater poses a threat to the environment. Conventional wastewater treatment methods involve a blend of chemical, biological, and physical processes. Using the principles of electrochemistry, electrocoagulation is a relatively new and exciting technology for treating wastewater. The electrocoagulation market report projects that the next few years will see a boom in the electrocoagulation industry due to the technology's advantages, which include low sludge production, high removal efficiency, and easy operation.
  • Advancements in Electrode Materials- Continuous research & development efforts to enhance electrode designs and materials may result in electrocoagulation systems that are more robust and effective, creating new opportunities for market expansion. India's per-capita research and development expenditure climbed from PPP USD 29.2 in 2007–2008 to PPP USD 42.0 in 2020–21. Over time, both GDP and R&D spending have consistently increased in absolute terms.
  • Adoption of Strict Wastewater Treatment Regulations- Numerous industrial industries produce copious amounts of wastewater. As a result, governments everywhere have put strict laws into place to eliminate any dangerous material that might be in the water and endanger aquatic life, mankind as a whole, or the environment. Numerous regulatory organizations have made attempts to establish guidelines and rules for the treatment of wastewater and guarantee that the cleaned water is released into different bodies of water or utilized again for different purposes. Because of this, there is a need for affordable, effective water treatment methods that can properly remove dangerous materials from wastewater that is produced. The electrocoagulation market numbers are being further inflated by an increase in expenditure in research and development activities related to electrocoagulation for wastewater treatment.

Challenges

  • High initial investment- Growth in the market may be hampered by the high initial cost of setting up electrocoagulation systems, particularly for small and medium-sized businesses.
  • The expansion of the electrocoagulation market may be impeded by the lack of qualified specialists needed for the operation and maintenance of electrocoagulation systems.
  • The lack of understanding among end users and their inclination towards conventional treatment procedures can impede the growth of the electrocoagulation industry, even with its advantages.


Electrocoagulation Segmentation

End-Use (Chemicals & Pharmaceuticals, Food & Beverages, Automotive, Oil & Gas, Textile, Paper, Municipal Wastewater)

The chemicals & pharmaceuticals segment in the electrocoagulation market is anticipated to hold the largest revenue share of about 32% during the forecast period. Wastewater from the chemical and pharmaceutical sectors is produced in massive quantities. Pharmaceutical effluents, which often contain a high concentration of antibiotics, chemicals, organics, and solid materials, have increased as a result of the pharmaceutical industry's growth. There have previously been some drug traces discovered in water. Both individuals and the surrounding ecosystem are at risk because of this. Due to insufficient removal during the wastewater treatment process, these medications frequently find their way into water. As a result, electrocoagulation systems are becoming more popular in the treatment of wastewater and water. This is driving the growth of the electrocoagulation market. According to this study, 359.4 billion m3 of wastewater are produced worldwide each year, of which 63% (or 225.6 billion m3 annually) are collected and 52% (188.1 billion m3 annually) are treated.

Type (Aluminium Electrodes, Iron Electrodes, Steel Electrodes, Copper Electrodes)

The electrocoagulation market was dominated by the aluminium electrodes type segment with about 40% share during the forecast period. The most popular electrode for electrocoagulation is aluminum, which effectively removes colors, organic materials, microplastics, and other materials. During the forecast period, there will likely be an increase in demand for aluminum electrodes used in electrocoagulation.

Our in-depth analysis of the global electrocoagulation market includes the following segments:

 Type

  • Aluminium Electrodes
  • Iron Electrodes
  • Steel Electrodes
  • Copper Electrodes

 End-Use

  • Chemicals & Pharmaceuticals,
  • Food & Beverages
  • Automotive
  • Oil & Gas
  • Textile
  • Paper
  • Municipal Wastewater

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Electrocoagulation Industry - Regional Synopsis

North American Market Forecast

Electrocoagulation market in the North America region is expected to hold the largest revenue share of 35% during the forecast period. This can be attributed to the rise in strategic pharmaceutical collaborations in the area, particularly between early-stage and well-established businesses. Due to the implementation of strict wastewater treatment rules and the expansion of the industrial sector in the region, the electrocoagulation market size in North America is expected to expand steadily over the course of the forecast period. The United States Environmental Protection Agency (US EPA) estimates that between 23,000 and 75,000 sanitary sewer overflows occur annually. Sewage treatment plants release between 3 and 10 billion gallons of untreated effluent annually.

European Market Statistics

Electrocoagulation market in the Europe region is projected to hold the second largest share of about 25% during the projected period. The significant water use in sectors like sugar & ethanol and petrochemicals drives market expansion in the region. Among the industrial chemicals used for water treatment in Europe are solvents, corrosion inhibitors, coagulants and flocculants, and antiscalants. Water treatment chemical development in the European Union was greatly influenced by regulations created by the Europe Industrial Emission Directive to control industrial emissions. The European market for water treatment chemicals is expanding, and one of the main reasons for this is the growing demand for energy in places like Germany, France, and the United Kingdom.

Research Nester
Electrocoagulation Market size
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Companies Dominating the Electrocoagulation Landscape

top-features-companies
    • NaturalShrimp Holdings, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Powell Water Systems
    • Genesis Water Solutions
    • Nijhuis Industries
    • SONNEK Engineering
    • VentilAQUA
    • Enpurion Water Solutions
    • NASF-AESF
    • Boydel Wastewater Technologies Inc.
    • F & T Water Solutions LLC

In-the-news

In The News

  • NaturalShrimp, Inc. developed and patented the first shrimp-focused commercially operational Recirculating Aquaculture System (RAS). Funded by the Fisheries Research and Development Corporation (FRDC) and the Australian Prawn Farmers Association, this system was developed to evaluate the company’s patented electrocoagulation technology for the coagulation of microalgae and reduction of total nitrogen in wastewater.
  • NASF-AESF Foundation selected a project that demonstrated the problem of per- and polyfluoroalkyl substances (PFAS) and related chemicals in plating wastewater streams. It also stated advanced methods to eliminate PFAS from the water via electrooxidation and electrocoagulation.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5486
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing adoption of automation and Internet of Things are the major factors driving the growth of the electrocoagulation market.

The market size of electrocoagulation is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Powell Water Systems, Genesis Water Solutions, Nijhuis Industries, SONNEK Engineering, VentilAQUA, Enpurion Water Solutions, NASF-AESF, Boydel Wastewater Technologies Inc., F & T Water Solutions LLC, and others.

The chemicals & pharmaceuticals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Electrocoagulation Market Report Scope
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