South America Water and Wastewater Treatment Chemicals Market to Surpass $ 2 Billion by 2027
Increasing investments in river
cleaning projects and sewage treatment plants, rising population and stringent
water quality standards to drive South America water and
wastewater treatment chemicals market through 2027
According
to TechSci Research report, “South America Water and Wastewater Treatment Chemicals Market By Application, By Type, By Country, Competition Forecast
& Opportunities, 2013 – 2027’’, water and wastewater treatment
chemicals market in the region is forecast to reach $ 2 billion by 2027. Degrading potable water quality, increasing
water shortage and growing public awareness regarding the ill-effects of
drinking contaminated water are among the key factors expected to positively
influence the region’s water and wastewater treatment chemicals market.
Rising government focus towards sewage treatment plants, technological
developments and increasingly stringent government policies are anticipated to positively influence South
America water and wastewater treatment chemicals market during forecast
period.
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Increasing number of power,
energy, food & beverage and other setups that demand high-quality water for
product processing is expected to boost demand for water and wastewater treatment
chemicals in the region. Owing to higher efficiency in removing phosphorous
impurities in overloaded municipal and industrial wastewater treatment plants,
coagulants & flocculants account for the largest share in the region’s
water and wastewater treatment chemicals market. Some of the major players in
the market are Ecolab Latin America, Kurita do Brasil LTDA, BASF S/A, Kemira
Chemicals Brasil Ltda and Akzo Nobel Ltda - Holding.
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“Brazil is the largest consumer of water and wastewater
treatment chemicals in South America, as the country holds huge oil & gas
potential and relies heavily on hydroelectric power. Environmental regulations
in the country specifically target water pollution, which consequently is
driving the setting up of more wastewater treatment plants. State of São Paulo
is facing water shortage issues, leading to higher control of water usage in
several basins, with citizens being charged for water usage. It is the number
one state in Brazil in terms of investments in wastewater treatment, with
companies like SABESP working with private companies through concession or PPP.
Considering all of these factors, the water and wastewater treatment chemicals
market in the entire South American region is expected to continue growing over
the next decade.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“South America
Water and Wastewater Treatment Chemicals Market By Application, By Type, By Country,
Competition Forecast & Opportunities, 2013 – 2027” has
evaluated the future growth potential of South America water and wastewater
treatment chemicals market and provides statistics and information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in South America
water and wastewater treatment chemicals market.
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