Water & Wastewater Treatment Chemicals Market Size to Cross $33 billion by 2025
Rapid
industrialization, rising water pollution levels and implementation of
stringent water quality regulations to boost sales of water and wastewater treatment
chemicals across the globe
According to TechSci Research
report, “Global
Water & Wastewater Treatment Chemicals Market By Application, By Type, Competition Forecast and Opportunities, 2011 - 2025”, global water and
wastewater treatment chemicals market is projected to reach $33 billion by 2025,
on account of various socio-political factors, changing business environment,
rapid industrialization, fast pace of commercialization and rising awareness
about harmful effects of polluted water. Water and wastewater treatment
industry has seen rapid changes over the last few years due to constant efforts
of government to spread awareness about the need to lower ground water levels and
harmful effects of excessive dumping of industrial wastes into water bodies.
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Excessive dumping
of industrial effluents into water bodies without treating has degraded quality
of water and hence has raised demand for water and wastewater treatment
chemicals across the globe. Increasing demand for water across various commercial
and industrial facilities has propelled need for wastewater treatment for use
in non-drinking purposes. Few of the major application areas of water and
wastewater treatment chemicals include power plants, oil & gas refining,
wastewater treatment and municipal sector, among others. Power sector dominated
global water and wastewater treatment chemicals market in 2015 and the segment is
anticipated to continue dominating the market through 2025. Rising number of residential
and commercial establishments across the globe are generating significant demand
for power and this is in turn putting pressure on power utilities and driving
use of water and wastewater treatment chemicals in the industry.
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“Rising concerns associated with depleting clean
water across the globe compelled policy regulators to implement stringent
regulations pertaining to water conservation and treatment. Moreover, anaerobic
digestion is a new age water and wastewater treatment technology that involves
microbial breakdown of decomposable organic matter in the absence of oxygen.
Anaerobic digestion can be used to treat primary sludge that contains animal
waste or wastewater containing organic wastes. Global
anaerobic digestion market is estimated at over USD6 billion in 2016. Zero
Liquid Discharge (ZLD) is another new technology associated with management of
wastewater, its treatment and reuse. ZLD helps eliminate liquid waste and
optimize water reuse. Strict government regulations imposed on water discharge,
and environmental awareness amongst people are increasing installations of zero
liquid discharge systems across the globe. As of 2016, over 1,000 zero liquid
discharge plants have been installed across the globe.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global Water & Wastewater Treatment Chemicals Market By Application,
By Type, Competition Forecast and Opportunities, 2011 - 2025” has analyzed the prospective demand for water and wastewater treatment
chemicals, provides statistics and information on market sizes, shares and
trends. The report will suffice in providing intending clients with
cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers and key challenges faced by the industry.
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