San Francisco, 7 February 2019: The Report Industrial Water Treatment Chemicals Market Size, Share & Trends Analysis Report
By Application (Cooling & Boilers, Raw Water Treatment, Desalination), By
Region, And Segment Forecasts, 2019 - 2025
The global industrial water treatment chemicals market size is expected to reach USD 18.3 billion by 2025 at a 4.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for water desalination systems owing to scarcity of fresh water is a key factor driving industry growth.
In desalination plants, excess salts and
other minerals are removed from water through membrane-based or thermal-based
technologies, there by rendering it fit for industrial consumption. Reverse
osmosis (RO) and distillation are methods used for seawater desalination, while
electrodialysis and RO are used to desalt brackish water.
The industrial water treatment chemical
industry is anticipated to benefit from high number of regulations established
by regulatory authorities across Europe and North America. As consumers are
highly price-sensitive regarding installation cost of wastewater treatment
plants, companies are involved in offering discounts and price reductions in a
bid to attract more consumers.
Furthermore, development of advanced technology
products and solutions by major companies in the market is expected to boost
market growth over the forecast period. Rising investments in R&D of new
products in the region is also expected to drive the market over the next few
years.
Demand for water desalination in Asia
Pacific, especially in countries such as India and Australia, is anticipated to
witness high growth over the forecast period owing to increasing population,
rising water scarcity, and reduced RO plant prices as compared to prices 10 years
ago.
In India, rising groundwater contamination
by industries is prompting state governments to impose restrictions on
groundwater utilization. This factor, coupled with reduced prices of setting up
plants, is anticipated to provide incentives for building new water
desalination units over the forecast years.
Several countries in the Middle East are
focusing on developing scalable infrastructure and efficient technologies to
meet demand for potable water from the Gulf Sea and the Arabian Sea. Countries
such as Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman use thermal-based
technologies to desalinate water and manage water scarcity issues.
Access Research Report of Industrial Water Treatment
Chemicals Market @ www.grandviewresearch.com/industry-analysis/industrial-water-treatment-chemicals-market
Further key findings from the report suggest:
· Cooling & boilers dominated the global
industrial water treatment chemicals market by application with an overall
volume share of over 56.0% in 2017
· In terms of revenue, the effluent water
treatment segment is projected to ascend at a CAGR of 4.4% over the forecast
period
· The water desalination segment in North
America is expected to exhibit strong growth over the forecast period on
account of variable and relatively warm climatic conditions, thereby
stimulating interest in desalination and boosting demand for water resources
· The industry is characterized by strategic
alliances, product developments and innovation, equity investments in several
other projects, and capital expansions by players
· Some of the key companies in the industry
are Kemira Oyj; BASF SE; Suez S.A.; Ecolab Incorporated; Cortec Corporation;
BWA Water Additives; The Dow Chemical Company; Solvay S.A.; Buckman
Laboratories International Inc.; and AkzoNobel N.V.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment
Grand View Research has segmented the
global industrial water treatment chemicals market on the basis of application
and region:
Industrial Water Treatment Chemicals
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Raw Water Treatment
·
Water Desalination
·
Cooling & Boilers
·
Effluent Water Treatment
·
Others
Industrial Water Treatment Chemicals
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe, Middle East, & Africa
·
China
·
Asia Pacific
·
Latin America
·
South Africa
Access Press Release of
Industrial Water Treatment Chemicals Market@ www.grandviewresearch.com/press-release/global-industrial-water-treatment-chemicals-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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