Quantcast

Water and Wastewater Treatment Chemicals Industry to Grow at 4.5% through 2018, says TechSci Research

March 10, 2014

BURNABY, British Columbia, March 10, 2014 /PRNewswire/ –

Rising demand for fresh water along with stringent regulations by governments to
reduce untreated wastewater disposal are driving demand for water and wastewater treatment
chemicals

Water treatment is carried out to make water usable for water intensive industries and
domestic drinking purposes. The process requires use of effective and efficient chemicals
such as scale and corrosion inhibitors, coagulants and flocculants, biocides and
disinfectants, pH adjusters, softeners, defoamers, oxidants, etc. Corrosion and scale
inhibitors are the most extensively used water treatment chemicals due to their
applications in cooler and boiler water treatment, municipal pipelines for water supply,
etc. Coagulants and flocculants account for the second largest share of the global water
and wastewater treatment chemicals market due to their high applicability in municipal
waste and drinking water treatment.

(Logo:
http://photos.prnewswire.com/prnh/20140117/663730)

According to recently published report by TechSci Research
[http://www.techsciresearch.com ] “Global Water& Wastewater Treatment Chemicals Market
Forecast & Opportunities, 2018 [http://www.techsciresearch.com/2714 ]“, the global market
for water and wastewater treatment chemicals is projected to grow at a CAGR of about 4.5%
during 2013-18, in revenue terms. The global market is highly fragmented, especially in
emerging markets such as China and India, with the presence of a large numbers of small
players involved in offering few types of water treatment chemicals.

The report highlights that Kemira Oyj is expected to continue its domination in water
treatment chemicals market, globally, over the next five years. On the other hand, Ecolab
Inc., GE Water, Process Technologies and Kurita Water Industries Ltd. are expected to
increase their focus on high performance products like green chemicals, nanotechnology
based products, etc.

The major end user sectors for water and wastewater treatment chemicals include power,
oil & gas, metals & mining, and paper & pulp. Growth of these allied industries is
expected to positively impact water treatment chemicals market over the next five years.
The power sectoris one of the major application industries for pigment blacks, and is
expected to witness healthy growth through 2018, positively impacting the water and
wastewater treatment chemicals market. Manufacturers of water and wastewater treatment
chemicals are introducing eco-friendly products, which are expected to increase the
penetration of these compounds in the power industry worldwide.

“Growth in water and wastewater treatment chemicals market is expected to majorly
arise from emerging markets like China, India, etc., due to their expanding industrial and
municipal water treatment networks. In developed countries such as the United States and
Canada, innovative and high value chemicals are increasingly replacing low-cost, commodity
compounds in the end user industries” said Mr Karan Chechi, Research Director with TechSci
Research [http://www.techsciresearch.com ], a research based global management consulting
firm.

“Global Water& Wastewater Treatment Chemicals Market Forecast & Opportunities, 2018
[http://www.techsciresearch.com/2714 ]” has evaluated the future growth potential of
global water and wastewater treatment chemicals market, and provides statistics and
information on market structure and industry behavior trends. The report includes water
and wastewater treatment chemicals market projections and demand forecasting. The report
is intended to provide cutting-edge market intelligence and help decision makers to take
sound investment evaluation. Besides, the report also identifies and analyzes the emerging
trends along with essential drivers, challenges and opportunities available in water and
wastewater treatment chemicals market, globally.

Contact:

Ken Mathews, ken.mathews@techsciresearch.com, +1-646-360-1656


    Photo: 

http://photos.prnewswire.com/prnh/20140117/663730

SOURCE TechSci Research


Source: PR Newswire



comments powered by Disqus