Below are some of the key findings from this water treatment chemicals market analysis report
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Overview of the global water treatment chemicals market
Rapid urbanization and rise in population are the key driving factors that will impact the market positively in the next few years. In developing nations, such as India, China, Brazil, Malaysia and Mexico, urbanization is developing at a quick pace and clearing path for new businesses to grow. It is observed that, Africa is the quickest developing locale with a development rate of close to 3% annually, trailed by South Asia with a development rate of 1.2%. The world is growing at a rate of 1.09% every year. Of the whole world populace, 54% live in urban zones. This number is expected to increase in the next few years. With increased demand for products and services, there is a fundamental need to fulfill the demand for household and industrial applications. Since water is an important source to meet the requirements of industries, and not all organizations are well equipped with the recycling of used water, there is an increasing need for better water treatment technologies across the globe. Our market research analysts have estimated that the water treatment chemicals market will grow steadily at a CAGR of more than 7% by 2022.
Technological advances in water treatment is one of the key trending factors in the market. Nanotechnology is a complicated yet less harmful method. When compared with conventional systems, nanofilters are more efficient and need less pressure to pass water across the filter. Cleaning these filters is also easier as it includes absorption and membrane processes. Some of the other major technological advances are Acoustics nanotube technology, Graphene-based hybrid membranes, and Ozonetech BAC systems.
Companies covered
The water treatment chemicals market is characterized by the presence of numerous vendors. This water treatment system market report includes information about the companies in this market and their product portfolio. Additionally, the report also presents an analysis of the market’s competitive environment and offers information about the key focus areas and the strategies adopted by vendors in this water treatment system market.
This research report provides an analysis of the various companies in this market including –
- Akzo Nobel
- Arkema
- BASF
- Ecolab
- Kemira
- SUEZ
Segmentation by application and analysis of the water treatment chemicals market
- Municipality water treatment
- Power generation
- Pulp and paper
- Metal and mining
- Oil and gas
The municipality water treatment segment occupied the major share in the water treatment system market. It is expected that this trend will continue throughout the forecast period in this water treatment system market.
Segmentation by type and analysis of the water treatment chemicals market
- Coagulants and flocculants
- Corrosion and scale inhibitors
- Biocides
- pH adjusters
The coagulants and flocculants dominated the water treatment chemicals market in 2017. it is observed that this segment will continue to dominate the water treatment system market throughout the forecast period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global water treatment chemicals market?
- What are the key market trends impacting the growth of the global water treatment chemicals market?
- What are the challenges to market growth?
- Who are the key vendors in the global water treatment chemicals market?
- What are the market opportunities and threats faced by the vendors in the global water treatment chemicals market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global water treatment chemicals market?
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