Polyferric sulfate (PFS) is an inorganic polymer flocculating agent, which is available in solid and liquid form. The solid form of polyferric sulfate is light yellow powder and liquid form is available in red brown color with drum packaging. It is commercially used in municipal and industrial water treatment, sludge dewatering, and removing metals such as selenium and arsenic from water. It is also considered as effective coagulant in oily water clarification. It has high speed of precipitation, higher density of alumen ustum, and low sewage sludge, which makes it preferable for water treatment. Moreover, it is applicable over wide range of pH values, which makes it usable in drinking water, industrial waste water, urban sewage, and industrial water.
Growing awareness to reduce water contamination, reuse of water, and treatment of water is driving the polyferric sulfate market growth, owing to numerous initiatives and stringent norms by the government across the globe. For instance, in 2018, European Commission (EC) proposed to facilitate water reuse for agriculture irrigation in the European Union. According to the European Commission, water from treated wastewater can be reused during seasonal drought and weather variability, which would save farmers from the crop failures and income loss. Therefore, such initiatives are expected to propel demand for polyferric sulfate over the forecast period.
However, use of non-chemicals methods such as filters and membranes for water treatments processes especially for municipal sludge treatment plants may restrain the polyferric sulfate market growth in the near future. These methods are considered to be hygienic and they create less pollution.
Asia Pacific is anticipated to witness significant growth over the forecast period, owing to rising awareness in emerging economies such as India regarding water conservation and reuse. Government in emerging economies are enforcing stringent standards for the proper water treatment, which may boost the demand for poly ferric sulfate as they are widely used in water and sludge treatment. For instance, in 2017, government of India established National FSSM (facial Sludge and Septage) policy to provide proper services for the sludge management and treatment.
Furthermore, rising manufacturing sector which includes automobile industry, drugs & pharmaceuticals, chemicals, food processing, electrical equipment and others in this region may propel the demand for poly ferric sulfate. As the waste from manufacturing units would increase water contamination, so the need to treat water would increase the demand for poly ferric sulfate. According to the India’s Brand Equity Foundation (IBEF), in 2017, market size of manufacturing sector in India increased to US$ 347.18 billion from US$ 323.27 billion in 2016.
Key players in the Polyferric sulfate Market
Key players operating in the market include KeXing Environmental Material Factory, Carbosynth Limited, Hunan Yide Chemical Co.Ltd., Xianke Water Supply Materials Co., Ltd, Pencco, Inc., Vidar Water Industrial Co.Ltd., Cosmo Chemical Co.Ltd., Henan Aierfuke Chemicals Co.Ltd., Kemira, and Lubon Industry.
Polyferric sulfate Market Taxonomy
The Polyferric sulfate market is segmented into:
By Product Type
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.