Global Water and Wastewater Treatment Chemicals Market Forecast & Opportunities, 2011-2025

TechSci Research Report

NEW YORK, October 24, 2016 /PRNewswire/ --

Rising population and industrialization across the globe has necessitated the requirement for chemically treated water and wastewater across the globe. With the shortage of water resources, the residential, commercial and industrial sectors are facing scarcity of clean water. The municipal sector emanates large demand for water treatment chemicals in order to meet strict government regulations owing to which, the demand for water and wastewater treatment chemicals is rising exponentially. Water and wastewater treatment chemicals with varied properties are used at different stages of operation across various industries. The main functions performed by water and wastewater treatment chemicals in water treatment industry are coagulation & flocculation, anti-foaming, chelation, and disinfection processes. The rapid rise in the consumption of these chemicals is set to boost the global water and wastewater treatment chemicals market with a remarkable growth rate over the coming decade. North America was the largest market for water treatment chemicals globally, accounting for a large share of the overall water treatment chemicals market, in terms of value. North America and Asia-Pacific together occupied a market share for nearly 50% of the global water treatment chemicals market in value terms in 2015.

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Global Water and Wastewater Treatment Chemicals Market: Drivers and Restraints

Global water and wastewater treatment chemicals market is majorly driven by factors such as increasing use of processed water in industries, expanding demand for industrial effluent treatment, and increasing levels of river water pollution, among others. Rising water pollution levels has stimulated increased demand for treating industrial effluent before its discharge into the water bodies. Chemically treated water can be effectively used in wide number of industries, such as agriculture, pulp and paper, textile manufacturing. Consequently, government bodies across the world are focusing upon increasing the recycling of water and creating awareness regrading used recycled water in manufacturing operations, wherever possible. Another major driver is the rising population and residential units which in the developing countries such as China, Brazil and India, among others, is creating need for water and wastewater treatment chemicals from municipal sector. Although the market for water and wastewater treatment chemicals is rising, it faces certain constraints such as fluctuating raw material prices, and lack of awareness regarding benefits of treated water over untreated water, which inhibit the growth of water and wastewater treatment market.