Water & Wastewater Treatment Chemicals Market Size to Cross $33 Billion by 2025: TechSci Research
NEW YORK, December 5, 2016 /PRNewswire/ --
Rapid industrialization, rising water pollution levels and implementation of stringent water quality regulations to boost sales of water and wastewater treatment chemicals across the globe
According to TechSci Research report, "Global Water & Wastewater Treatment Chemicals Market By Application, By Type, Competition Forecast and Opportunities, 2011 - 2025", global water and wastewater treatment chemicals market is projected to reach $33 billion by 2025, on account of various socio-political factors, changing business environment, rapid industrialization, fast pace of commercialization and rising awareness about harmful effects of polluted water. Water and wastewater treatment industry has seen rapid changes over the last few years due to constant efforts of government to spread awareness about the need to lower ground water levels and harmful effects of excessive dumping of industrial wastes into water bodies.
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Browse 10 market data Tables and 108 Figures spread through 192 Pages and an in-depth TOC on
"Global Water & Wastewater Treatment Chemicals Market"
Excessive dumping of industrial effluents into water bodies without treating has degraded quality of water and hence has raised demand for water and wastewater treatment chemicals across the globe. Increasing demand for water across various commercial and industrial facilities has propelled need for wastewater treatment for use in non-drinking purposes. Few of the major application areas of water and wastewater treatment chemicals include power plants, oil & gas refining, wastewater treatment and municipal sector, among others. Power sector dominated global water and wastewater treatment chemicals market in 2015 and the segment is anticipated to continue dominating the market through 2025. Rising number of residential and commercial establishments across the globe are generating significant demand for power and this is in turn putting pressure on power utilities and driving use of water and wastewater treatment chemicals in the industry.
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"Rising concerns associated with depleting clean water across the globe compelled policy regulators to implement stringent regulations pertaining to water conservation and treatment. Moreover, anaerobic digestion is a new age water and wastewater treatment technology that involves microbial breakdown of decomposable organic matter in the absence of oxygen. Anaerobic digestion can be used to treat primary sludge that contains animal waste or wastewater containing organic wastes. Global anaerobic digestion market is estimated at over USD6 billion in 2016. Zero Liquid Discharge (ZLD) is another new technology associated with management of wastewater, its treatment and reuse. ZLD helps eliminate liquid waste and optimize water reuse. Strict government regulations imposed on water discharge, and environmental awareness amongst people are increasing installations of zero liquid discharge systems across the globe. As of 2016, over 1,000 zero liquid discharge plants have been installed across the globe.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Global Water & Wastewater Treatment Chemicals Market By Application, By Type, Competition Forecast and Opportunities, 2011 - 2025" has analyzed the prospective demand for water and wastewater treatment chemicals, provides statistics and information on market sizes, shares and trends. The report will suffice in providing intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.
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