Water and Wastewater Treatment Chemicals Industry to Grow at 4.5% through 2018, says TechSci Research

  Water and Wastewater Treatment Chemicals Industry to Grow at 4.5% through
                         2018, says TechSci Research

  PR Newswire

  BURNABY, British Columbia, March 10, 2014

BURNABY, British Columbia, March 10, 2014 /PRNewswire/ --

Rising demand for fresh water along with stringent regulations by governments
to reduce untreated wastewater disposal are driving demand for water and
wastewater treatment chemicals

Water treatment is carried out to make water usable for water intensive
industries and domestic drinking purposes. The process requires use of
effective and efficient chemicals such as scale and corrosion inhibitors,
coagulants and flocculants, biocides and disinfectants, pH adjusters,
softeners, defoamers, oxidants, etc. Corrosion and scale inhibitors are the
most extensively used water treatment chemicals due to their applications in
cooler and boiler water treatment, municipal pipelines for water supply, etc.
Coagulants and flocculants account for the second largest share of the global
water and wastewater treatment chemicals market due to their high
applicability in municipal waste and drinking water treatment.

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According to recently published report by TechSci Research  " Global Water&
Wastewater Treatment Chemicals Market Forecast & Opportunities, 2018 " , the
global market for water and wastewater treatment chemicals is projected to
grow at a CAGR of about 4.5% during 2013-18, in revenue terms. The global
market is highly fragmented, especially in emerging markets such as China and
India, with the presence of a large numbers of small players involved in
offering few types of water treatment chemicals.

The report highlights that Kemira Oyj is expected to continue its domination
in water treatment chemicals market, globally, over the next five years. On
the other hand, Ecolab Inc., GE Water, Process Technologies and Kurita Water
Industries Ltd. are expected to increase their focus on high performance
products like green chemicals, nanotechnology based products, etc.

The major end user sectors for water and wastewater treatment chemicals
include power, oil & gas, metals & mining, and paper & pulp. Growth of these
allied industries is expected to positively impact water treatment chemicals
market over the next five years. The power sectoris one of the major
application industries for pigment blacks, and is expected to witness healthy
growth through 2018, positively impacting the water and wastewater treatment
chemicals market. Manufacturers of water and wastewater treatment chemicals
are introducing eco-friendly products, which are expected to increase the
penetration of these compounds in the power industry worldwide.

"Growth in water and wastewater treatment chemicals market is expected to
majorly arise from emerging markets like China, India, etc., due to their
expanding industrial and municipal water treatment networks. In developed
countries such as the United States and Canada, innovative and high value
chemicals are increasingly replacing low-cost, commodity compounds in the end
user industries" said Mr Karan Chechi, Research Director with TechSci Research
, a research based global management consulting firm.

" Global Water& Wastewater Treatment Chemicals Market Forecast &
Opportunities, 2018 " has evaluated the future growth potential of global
water and wastewater treatment chemicals market, and provides statistics and
information on market structure and industry behavior trends. The report
includes water and wastewater treatment chemicals market projections and
demand forecasting. The report is intended to provide cutting-edge market
intelligence and help decision makers to take sound investment evaluation.
Besides, the report also identifies and analyzes the emerging trends along
with essential drivers, challenges and opportunities available in water and
wastewater treatment chemicals market, globally.

Contact:

Ken Mathews, ken.mathews@techsciresearch.com , +1-646-360-1656
 
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