Worldwide Water and Wastewater Treatment Chemicals Consumption to Reach 6.2 Million Tons by end of 2016: Persistence Market Research

Jul 26, 2016, 03:32 ET from Persistence Market Research Pvt. Ltd.

NEW YORK, July 26, 2016 /PRNewswire/ --

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. 

According to the latest market report published by Persistence Market Research: 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.

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.

Request TOC (desk of content material), Figures and Tables of the report: http://www.persistencemarketresearch.com/market-research/water-wastewater-treatment-chemicals-market/toc

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 Sample Report:  http://www.persistencemarketresearch.com/samples/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.

Browse through the full Global Water and Wastewater Treatment Chemicals Market Report at http://www.persistencemarketresearch.com/market-research/water-wastewater-treatment-chemicals-market.asp

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.

Journalist Resources: Analysts who have compiled this report are available for interviews and quotes at media@persistencemarketresearch.com

Contact
Persistence Market Research
U.S. Sales Office:
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

LinkedIn: https://www.linkedin.com/company/persistence-market-research-&-consulting

Twitter: https://twitter.com/persistence_mkt

SOURCE Persistence Market Research Pvt. Ltd.