Sludge is a by-product, produced during the treatment of wastewater. Pathogens, organic matters, chemicals, and microorganisms are different constituents of the sludge. Besides, sludge also contains harmful agents, such as heavy metals, that adversely affect the environment and cause severe health issues when directly exposed. There is a growing demand for sludge treatment chemicals in automotive, oil & gas, metal processing, food & beverage, pulp & paper, personal care & chemicals and electronics industrial activates, which is expected to be one of the major drivers of the market over the next seven years.
Market Analysis:
The Global Sludge Treatment Chemicals Market accounted for USD 6.10 billion in 2016 and is projected to grow at a CAGR of 5.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Key Competitors:
- Kemira
- Ashland
- Ecolab (Nalco)
- BASF SE
- General Electric
- Amcon Inc.
- Ovivo
- Beckart Environmental. Inc.
- Accepta
- Hubbard-Hall Inc.
- Kurita Water Industries Ltd.
- Akzo Nobel N.V.
- The Dow Chemical Company
- Lonza
- Thames Water Utilities Limited.
- Mitsubishi Chemical Corporation (Nippon Rensui)
- BWA WATER ADDITIVES and many more.
Major Market Drivers & restraint:
- Stringent environmental regulations
- Rising awareness among people regarding sludge disposal
- Increased investments in the chemical, oil &gas, food & beverages sectors
- High cost associated with sludge treatment
- Presence of high performance sludge treatment technologies
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Segmentation:
Type
- Flocculants
- Coagulants
- disinfectants and others
End-user
- automotive
- oil & gas
- metal processing
- food & beverage
- pulp & paper
- personal care & chemicals
- electronics and others.
Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East
- Africa
Major countries
- U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape:
The global sludge treatment chemicals market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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