Water Treatment Chemicals Market Overview:
The water treatment chemicals market is growing pervasively, mainly due to the increasing scarcity of the water. These chemicals are used in various water treatment processes to extrude unwanted chemicals, solids, gases, and biological contaminants from the contaminated water. The primary objective of these processes is to generate water fit for a specific purpose.
For instance; in industries, a proper water treatment program is essential to protect the boiler and steam system from corrosion and thereby to save the high maintenance costs, improve energy efficiency, reduce carbon emissions and to minimize the consecutive use of treatment chemicals and the total cost of plant ownership and thus to maximize the productivity.
Growing ecological concerns are pointing towards the depleting water reservoirs worldwide, further promoting the need to use the remaining reserves wisely and smartly. Simultaneously, growing industrialization is promoting the extensive use of these chemicals globally, further presaging the galvanizing growth the market is poised to witness in the immediate future.
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Industry/Innovation/Related News:
July 09, 2018 – Modern Water Plc., (UK), an eminent provider of advanced membrane technology inaugurated the world’s first brine treatment plant in Vadodara (India). The new Vadodara based brine-treatment unit, based on Modern Water’s all-membrane brine concentration process (AMBC) can treat technically challenging waste water released by the Indian chemicals giant Bodal Chemicals.
This is a crucial part of an energy-efficient treatment process for a highly saline organic-laden effluent stream from the dye manufacturing operation that achieves zero liquid discharge.
Water Treatment Chemicals Market Key Players:
The market is led by some of the fervent players including Ashland Inc., GE Water & Process Technologies, Kemira Oyj’s, The Dow Chemical Company, Ecolab USA Inc., Akzo Nobel N.V., Buckman Laboratories International Inc., BASF SE, Cortec Corporation and Solvay S.A. Profiling them in its analysis, MRFR finds out their strategies keeping them at the forefront of competition.
Water Treatment Chemicals Market Segmentation:
The global water treatment chemicals market has been segmented on the basis of type, end-user, and region.
By mode of type, the global water treatment chemicals market has been segmented into corrosion inhibitors, coagulants and flocculants, chelating agents, scale inhibitors, pH adjusters and stabilizers, biocides and disinfectants, oxidants, anti-foaming agents, algaecides, oxygen scavengers, and others. The usage of treatment equipment has increased with the technological advancements in the water treatment market. This has augmented the consumption of corrosion inhibitors as they protect the equipment from corrosion.
By mode of end-use industry, the global water treatment chemicals market has been segmented into chemical processing, municipal water treatment plants, food & beverage, paper and pulp, oil & gas, power generation, mining, and others. Among these, the power generation industry is anticipated to hold a considerable market share. With consistent economic growth in the emerging countries, the demand in the power sector, industrial, and manufacturing sectors is increasing, thereby accelerating the demand for water treatment chemicals market.
Water Treatment Chemicals Market Regional Analysis:
The Asia Pacific region accounts for the leading market for water treatment chemicals mainly due to the ample availability of feedstock, and cost-combative labor force. The increasing development strategies drive the market growth in the region, fulfilling the demand for the product.
Attributing to the growing awareness in the region towards the benefits of wastewater treatments, the region is likely to retain its hegemony over the global market during the assessment period, witnessing the largest production and consumption of these chemicals. The largest number of manufacturing plants and consumption in the countries such as India, Taiwan, and South Korea is the key driving force for the market growth in the region.
The Europe region is emerging as the second-largest market for the water treatment chemicals, accounting for the substantial growth in the global market. Factors substantiating the market growth include the presence of well-established end-use industries and rising expenditures on R&D and innovation in the countries like the U.K., France, Germany, and Italy.
Water Treatment Chemicals Market Table of Content to be Continue….,
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