SAN FRANCISCO, January 21, 2019 /PRNewswire/ --
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.
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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.
Browse full research report with TOC on
"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" at:
https://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.
Connect with our analyst for specific inquiries
Browse related reports by Grand View Research:
- Membrane Separation Market - The global membrane
separation market was valued over USD 17
million in 2012.
- Water Treatment Chemicals And Technology Market -
The Global water treatment chemicals And technology market was
valued at USD 128.89 billion in
2014.
- Produced Water Treatment Market - The global produced
water treatment market size was USD 5.81
billion in 2015.
- Water & Wastewater Treatment Equipment Market
- The global water & wastewater treatment equipment
market size was valued at USD 50.65
billion in 2015.
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
- Germany
- U.K.
- France
- Italy
- Spain
- Belgium
- Sweden
- Austria
- Finland
- Poland
- Turkey
- China
- Asia Pacific
- India
- Japan
- South Korea
- Singapore
- Indonesia
- Thailand
- Vietnam
- Australia
- New Zealand
- Iran
- CIS
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- South Africa
Explore the BI enabled intuitive market research
database, Grand View Compass, by Grand View Research,
Inc.
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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Grand View Research, Inc.
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