Global Water and Wastewater Treatment Chemicals Market Forecast & Opportunities, 2011-2025
TechSci Research Report - Seite 2
Water and Wastewater Treatment Chemicals Market: Segmentation
Based on type, global water and wastewater treatment chemicals market is segmented as:
- Corrosion Inhibitors
- Scale Inhibitors
- Coagulants & Flocculants
- Biocides & Disinfectants
- Others
Based on application, global water and wastewater treatment chemicals market is segmented as:
- Power Generation
- Oil & Gas
- Municipal Water Treatment
- Others
Water and Wastewater Treatment Chemicals Market: Overview
The Global Water and Wastewater Treatment Chemicals Market is anticipated to grow at the CAGR of about 5% during 2015-2025. Growing demand across various industries, including power generation, municipal water treatment, chemical, oil & gas, and metal & mining, etc. is fostering stronger market growth in the water and wastewater treatment chemicals market globally. The need for water treatment chemicals is snowballing owing to growing levels of water pollution. In order to maintain the availability of water and to reduce the harmful effects of consuming polluted water, the regulatory bodies and responsible authorities are taking strict actions to promote water and wastewater treatment and hence pushing up the sales of water and wastewater treatment chemicals around the world. These factors lead to the augmenting sales of water and wastewater treatment chemicals. To add to this growth, the suppliers and distributors of the product are reaching far and wide to meet the need of every consumer segment at all possible locations, thus catering to rising demand and also acting as marketing channels for the product among the developing economies.
Water and Wastewater Treatment Chemicals Market: Region-wise Outlook
At present, North America is the leading regional market in water and wastewater treatment chemicals market, followed by the Asia-Pacific and Europe in value terms. Asia Pacific is one of the fastest growing regions for the water and wastewater treatment chemicals market, with China as the largest market for the product in Asia-Pacific. Expanding industrial sector in Asia pacific region is the primary cause for the larger market share of the region in global water and wastewater treatment chemicals industry. North America occupies the largest share in global water and wastewater treatment chemicals market due to its large base of industrial and residential developments, together with higher affordability for installing water treatment and wastewater treatment plants across different location and different consumer ends. The government support and high level of consumer awareness is an add-on feature of North American water and wastewater treatment chemicals market.