The global process chemicals for water treatment market size is expected to reach USD 9.9 million by 2025,
according to a new report by Grand View Research, Inc., registering a CAGR of
5.6% during the forecast period. Growing need to replace or upgrade current
treatment plants in developed nations has been fostering the growth of the
market.
Mandatory approvals from pollution control
boards as well as state government levels have further impelled major industry
participants to adopt high-performance water-treatment machinery and equipment.
These companies are expected to comply with stringent environmental regulations
pertaining to appropriate treatment of wastewater. Water treatment chemicals
are extensively used across applications to prevent microbial influenced
corrosion and health hazards.
Geothermal power generation is likely to be
the fastest growing application for process chemicals over the forecast period.
Process chemicals are mainly used to address the problems in critical areas
such as slime control for surface condensers and cooling tower fill, treatment
of suspended solids in low-velocity heat exchangers, control of corrosion of
steel components in system piping, concrete components in cooling tower, and
steel condensate reinjection lines. Process choices are crucial to ensure
reliability and operational efficiency in geothermal plants.
Defoamers are the most widely used process
chemicals owing to their necessity in cooling towers. Cooling towers are highly
susceptible to foaming as feed water is treated with several chemicals with
surface active properties. Also, tower functions by drawing continuous flow of
air from environment, which has several particulate and vapor contaminants.
These can trigger bacterial and algal growth in systems, leading to surface
fouling and foam formation. Moreover, cascade of water from top to bottom
provides mechanical energy for foam formation, which can create operational
inefficiency and downtime.
Asia Pacific emerged as the most
significant market for process chemicals over the past few years. Rapid
industrialization, coupled with growing awareness towards water pollution and
treatment of wastewater, has been stimulating the growth of the market for
process chemicals in the region. Additionally, government initiatives such as
soft loans and subsidies for water treatment facilities has positively
influenced the growth of the market.
Europe was a prominent revenue contributor
in the market in 2016. The most widely used water treatment chemicals in the
region include corrosion & scale inhibitors, coagulants & flocculants, pH
boosters, softeners, defoamers, disinfectants, and biocides. The market is
driven by stringent environmental regulations on wastewater management and high
water-quality standards established for industrial applications.
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https://www.grandviewresearch.com/industry-analysis/water-treatment-process-chemicals-market
https://www.grandviewresearch.com/industry-analysis/water-treatment-process-chemicals-market
Further key findings from the report suggest:
· The sugar & ethanol segment is likely
to reach USD 2.17 billion by 2025, at a CAGR of 5.3% from 2017 to 2025
· In terms of volume, the petrochemicals
segment is expected to expand at a CAGR of 4.9% over the forecast period
· In terms of volume, the geo-thermal power
segment is poised to post a CAGR of 6.6% over the forecast period
· In terms of volume, Belgium process
chemicals for water treatment market is anticipated to exceed 131 kilotons by
2025
· Countries in Asia Pacific, especially
Singapore, Australia, South Korea India, Indonesia, Japan, and China, are
projected to experience commendable growth during the forecast years.
Grand View Research has segmented the
global process chemicals for water treatment market on the basis of application
and region:
Process Chemicals in Water Treatment
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Sugar & Ethanol
o
Biocides
o
Flocculants
o
Viscosity Reducer
o
Anti-foaming Agents
o
Deposit Control
o
Ethanol Neutralizer
o
Decoloring Agents
o
Others
·
Fertilizers
o
Defoamers
o
pH Boosters
o
Granulation Aids
o
Sludge Conditioners
o
Antiscalants
o
Phosphates
o
Biocides
o
Silica Dispersants
o
Strength Agents
o
Anti-caking Agents
o
Wetting Agents
o
Others
·
Geothermal Power Generation
o
Defoamers
o
pH Boosters
o
Antiscalants
o
Biocides
o
Dewatering Aids
o
Silica Scale Control
o
Calcium Carbonate scale control
o
Others
·
Petrochemical Manufacturing
o
Defoamers
o
pH Boosters
o
Antiscalants
o
Biocides
o
Solvents
o
Others
·
Refining
o
Catalysts
o
pH Boosters
o
Solvents
o
Corrosion Inhibitors
o
Oxidizers
o
Coagulants & Flocculants
o
Demulsifiers
o
Others
Process Chemicals in Water Treatment
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe, Middle East & Africa
o
Belgium
o
France
o
Italy
o
Spain
o
U.K.
o
Germany
o
Austria
o
Sweden
o
Turkey
o
Finland
o
Poland
·
China
·
Asia Pacific
o
Singapore
o
India
o
Indonesia
o
South Korea
o
Australia
o
New Zealand
o
Japan
o
Thailand
o
Vietnam
o
CIS
o
Iran
·
Latin America
o
Brazil
o
Mexico
o
Argentina
o
Chile
·
South Africa
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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