NEW YORK, April 21, 2016 /PRNewswire/ -- Water treatment additives are used to remove the impurities from water. Use of water is increasing due to various necessities in industrial sector. Water treatment additives are used to treat drinking water, industrial water and wastewater and also public utility waste water. The key factors that led to increasing demand for water treatment additives are the demand for clean water, rapid industrialization, environment, government policies and increasing population. The consumption of water treatment additives depends on source of water and the quality of water depends on hardness, pH and alkalinity.
Organic polymers and biocides are the major additives that are used in water treatment processes. Organic polymers are used to purify low quality water either for drinking or industrial purposes. Oxygen scavengers are formulated to combat the effects of oxygen related corrosion in industrial boiler systems to reduce maintenance costs, maintain boiler efficiency and equipment life. The efficacy of the water treatment additives depends on dosage rate and duration of the additive's presence in water. Globally, Asia-Pacific (APAC) region dominated the water treatment additives market share in terms of both revenue and volume in 2014. It accounted for 35% of the global water treatment additives market. China and India are the major countries with a huge demand for water treatment additives. Followed by APAC, Americas is in second place for the water treatment addities production. The study forecasts that water treatment additives market will increase at a CAGR of 5.9% during the forecast period 2015 and 2020, to attain an anticipated value of $35.2 billion by the end of the forecast period.
The key market players that contribute major share in this report are:
GE Power & Water
Nalco Holding Company
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