Water Treatment Chemicals Market Growth of 5.8% CAGR Forecast to 2019 Driven by Increasing Population and Industrial Activities
PUNE, India, September 9, 2015 /PRNewswire/ --
The water treatment chemicals market size in terms of value is projected to witness a CAGR of 5.8% between 2014 and 2019 to reach $33,289 million by 2019 with major growth in the Asia-Pacific region expected from the power generation and oil & gas applications.
Complete report on water treatment chemicals market spread across 219 pages, profiling 12 companies and supported with 86 tables and 87 figures is now available at http://www.reportsnreports.com/reports/135101-water-treatment-chemicals-market-by-types-applications-trends-global-forecasts-2011-2016-.html .
The growth of the water treatment chemicals market is primarily triggered by the huge demand from the Asia-Pacific region and the growing end-use industries. The demand for water treatment chemicals have increased substantially from emerging economies such as Brazil, China, and India. The increasing stringency of the environmental norms is forcing municipal corporations and industries to explore water treatment solutions which in-turn are boosting the demand for water treatment chemicals. New product launch was the most preferred strategy among the major players in the water treatment chemicals market, globally. Many companies, offering water treatment chemicals, are actively trying to increase their product portfolio and regional presence to expand their market reach. These companies are trying to enter the low-penetrated markets in the developing regions.
The major players in the water treatment chemicals market are Air Products And Chemicals, Inc., Akzonobel Nv, Ashland Corporation, BASF Se, Buckman Laboratories International Inc, Bwa Water Additives UK Limited, Cortec Corporation, The Dow Chemical Ompany, Ecolab (Nalco Company), Ge Water & Process Technologies, Kemira Oyj and Lonza Group LTD. These companies registered significant presence among other players in the global water treatment chemicals. Order a copy of Water Treatment Chemicals Market By Type (Corrosion Inhibitor, Scale Inhibitor, Coagulants and Flocculants, Biocides & Disinfectants, Chelating Agents, Anti-foaming Agents, pH Adjusters and Stabilizers, and Others), By Application (Industrial & Municipal) - Global Trends & Forecasts to 2019 at http://www.rnrmarketresearch.com/contacts/purchase?rname=153232 .
Coagulants and Flocculants together accounted for the largest share; i.e. 27.5% of the global water treatment chemicals market in 2013 and are also projected to witness a CAGR of 5.9% to reach $9,188 million by 2019. Asia-Pacific and North America represented 35.7% and 26.1% of the global market size in terms of volume. Asia-Pacific is the highest growing market in terms of volume.
On a related note, another research forecasts the Sludge Treatment Chemicals Market to grow at a CAGR of 5.10% to 2020. Due to stringent environmental regulations and increasing industrialization, the use of sludge treatment chemicals in various end-user industries is gaining popularity. This study on industrial sludge treatment market estimates its global demand and market size in terms of value and volume for 2014 and projects the expected demand and also the market size for the same by 2020. As a part of the quantitative analysis, the study segments the global market by type and application at country level with current market estimation and forecast till 2020. The countries covered in the report are the U.S., Canada, Sweden, France, Germany, Italy, U.K., Japan, China, India, Brazil and Saudi Arabia. The segmentation by type includes flocculants, coagulants, disinfectants, others; while on the basis of its applications, the segmentation include soil & gas, metal processing, food & beverage, pulp & paper, chemicals, and electronics. Complete report on sludge treatment chemicals market spread across 189 pages containing 74 tables and 40 figures is now available at http://www.reportsnreports.com/reports/344544-sludge-treatment-chemicals-market-by-type-flocculants-coagulants-disinfectants-others-application-oil-gas-metal-processing-food-beverage-pulp-paper-chemicals-electronics-and-region-trends-forecasts-to-2020.html .
A third research specifically focused on US market and titled Water Treatment Chemicals to 2019 says demand of water treatment chemicals market in the US is forecast to rise 3.2% per year to $7.3 billion in 2019, representing 15.6 billion pounds. Rising demand will be supported by the increase in water recycling and reuse, both processes that typically needs more aggressive chemical treatment than fresh supply water or wastewater being treated for disposal. Increasing reliance on membranes and other types of water treatment equipment that work best when the water has been pretreated with chemicals, will also support demand. Among the major US water treatment chemicals market, the municipal and manufacturing markets will continue to represent the bulk of demand. The mature municipal market will exhibit steady gains going forward, on pace with the increases seen over the previous decade, as municipal water use trends tend to be stable and slow to change. Additionally, water treatment operators are more price sensitive and often slow to adopt new technologies unless prompted to do so by changing regulations. The manufacturing and electric power generation markets are expected to show improved growth over the more limited gains seen in the 2009-2014 period. Companies profiled, comprehensive table of contents and more on this research is available at http://www.reportsnreports.com/reports/408179-water-treatment-chemicals-to-2019.html .
Explore more reports related to chemicals industry at http://www.reportsnreports.com/market-research/chemicals/ .
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