Press release
Water Wastewater Treatment Chemicals Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026
The chemical industry is focused to keep the business operations running along with ensuring the labor safety amid the COVID-19 pandemic. To recover the losses created by the decline in demand for various products, the companies are capitalizing on the escalating demand for products such as disinfectants and personal protective equipment. Many leading players in the chemical industry have expanded their business to enter into the production of safety products. Companies are resorting to advanced technologies in production to reduce the dependence on work-force.
They are increasingly adopting advanced digital capabilities to integrate supply chain and logistics to ensure the effective delivery of products. The industry heads are seeking the real-time situation of their supply chains to identify potential weaknesses, especially in terms of geography, and strengthen it. The financial disclosures are being extended beyond the usual financial statements to deal with the risks that have aroused amid the COVID-19 pandemic.
Kemira Oyj, GE Water & Process Technologies, and BASF-SE will continue to be the top 3 players in the global water and wastewater treatment chemicals market, collectively accounting for 11.5%-14.7% revenue share in 2016. Organic expansion at tactical locations remains a key business strategy for leading players in the global water and wastewater treatment chemicals market.
Global consumption of water and wastewater treatment chemicals is expected to grow by 1.5% in 2016 to reach nearly 6,485 KT. Demand will be sustained by decreasing fresh water resources, especially in industrial applications. Increasing government regulations and resurgence in the industrial sector, following the sub-prime crisis, are other key factors that will fuel demand for water and wastewater treatment chemicals in 2016.
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Recycling of wastewater for complete in-situ processing attaining zero discharge is a key trend influencing demand for water and wastewater treatment chemicals. Use of advanced biological wastewater treatment procedures and development of central wastewater treatment are other key trends impacting the growth of the global market.
By application, cooling water treatment will continue to account for leading market share, representing 37.13% of total revenues in 2016. Demand for water and wastewater treatment chemicals from this segment is expected to reach nearly 2,373 KT in 2016, up from 2,334 KT in 2015. High usage of cooling water in various manufacturing processes is expected to fuel demand from this application segment.
Oil & gas, power, and mining will remain the top 3 end-users in the global water and wastewater treatment chemicals market. These 3 segments are expected to collectively account for nearly 49% revenue share of the market in 2016. High wastewater generation will continue to push demand for treatment chemicals in these end-use sectors.
Corrosion and scale inhibitors are the sought-after treatment chemicals and account for leading share of the market by product type. Demand for corrosion and scale inhibitors is expected to reach nearly 1,843 KT in 2016, and this will represent a market value worth US$ 11,468.5 Mn.
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Asia Pacific excluding Japan (APEJ) will remain the largest market for water and wastewater treatment chemicals globally, accounting for 32.9% revenue share of the market in 2016. Demand will also be robust in North America and Western Europe where steady adoption in end-use industries will drive the growth of the market.
Long-term Outlook: The global water and wastewater treatment chemicals market are expected to increase at a CAGR of 4.2% in terms of revenues during the forecast period 2016-2026. APEJ will continue to be the largest market for water and wastewater treatment chemicals during the forecast period.
Company Profiles
Kemira Oyj
ION EXCHANGE (I) Ltd
Thermax Ltd
BASF-SE
GE Water & Process Technologies
Dorf Ketal
Chembond India Ltd
SNF Floerger
Vasu Chemicals
E. I. du Pont de Nemours and Company
Goldcrest
Shandong Taihe Water Treatment Technologies Co., Ltd.
Shandong XinTai Water Treatment Technology Co., Ltd
Other
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/4377
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
They are increasingly adopting advanced digital capabilities to integrate supply chain and logistics to ensure the effective delivery of products. The industry heads are seeking the real-time situation of their supply chains to identify potential weaknesses, especially in terms of geography, and strengthen it. The financial disclosures are being extended beyond the usual financial statements to deal with the risks that have aroused amid the COVID-19 pandemic.
Kemira Oyj, GE Water & Process Technologies, and BASF-SE will continue to be the top 3 players in the global water and wastewater treatment chemicals market, collectively accounting for 11.5%-14.7% revenue share in 2016. Organic expansion at tactical locations remains a key business strategy for leading players in the global water and wastewater treatment chemicals market.
Global consumption of water and wastewater treatment chemicals is expected to grow by 1.5% in 2016 to reach nearly 6,485 KT. Demand will be sustained by decreasing fresh water resources, especially in industrial applications. Increasing government regulations and resurgence in the industrial sector, following the sub-prime crisis, are other key factors that will fuel demand for water and wastewater treatment chemicals in 2016.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/4377
Recycling of wastewater for complete in-situ processing attaining zero discharge is a key trend influencing demand for water and wastewater treatment chemicals. Use of advanced biological wastewater treatment procedures and development of central wastewater treatment are other key trends impacting the growth of the global market.
By application, cooling water treatment will continue to account for leading market share, representing 37.13% of total revenues in 2016. Demand for water and wastewater treatment chemicals from this segment is expected to reach nearly 2,373 KT in 2016, up from 2,334 KT in 2015. High usage of cooling water in various manufacturing processes is expected to fuel demand from this application segment.
Oil & gas, power, and mining will remain the top 3 end-users in the global water and wastewater treatment chemicals market. These 3 segments are expected to collectively account for nearly 49% revenue share of the market in 2016. High wastewater generation will continue to push demand for treatment chemicals in these end-use sectors.
Corrosion and scale inhibitors are the sought-after treatment chemicals and account for leading share of the market by product type. Demand for corrosion and scale inhibitors is expected to reach nearly 1,843 KT in 2016, and this will represent a market value worth US$ 11,468.5 Mn.
Request Report Methodology@ https://www.persistencemarketresearch.com/methodology/4377
Asia Pacific excluding Japan (APEJ) will remain the largest market for water and wastewater treatment chemicals globally, accounting for 32.9% revenue share of the market in 2016. Demand will also be robust in North America and Western Europe where steady adoption in end-use industries will drive the growth of the market.
Long-term Outlook: The global water and wastewater treatment chemicals market are expected to increase at a CAGR of 4.2% in terms of revenues during the forecast period 2016-2026. APEJ will continue to be the largest market for water and wastewater treatment chemicals during the forecast period.
Company Profiles
Kemira Oyj
ION EXCHANGE (I) Ltd
Thermax Ltd
BASF-SE
GE Water & Process Technologies
Dorf Ketal
Chembond India Ltd
SNF Floerger
Vasu Chemicals
E. I. du Pont de Nemours and Company
Goldcrest
Shandong Taihe Water Treatment Technologies Co., Ltd.
Shandong XinTai Water Treatment Technology Co., Ltd
Other
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/4377
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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