Industries that produce wastewater include those that manufacture chemicals, extract oil and gas, make food and beverages, and generate electricity. Chemicals used in industrial wastewater treatment include biocides and disinfectants, coagulants and flocculants, and defoaming agents. Depending on the application, these chemicals are employed in a variety of end-use sectors encompassing boiler water treatment, membrane water treatment, cooling water treatment, etc. Players involved in creating and releasing a variety of industrial wastewater treatment chemical products for use in various end-user verticals make up the worldwide industrial wastewater treatment chemical market.
During the forecast period of 2022–2030, the global industrial wastewater treatment chemicals market is anticipated to expand at a compound annual growth rate (CAGR) of 5.5%.
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Growth Drivers:
The necessity and demand for fresh, clean water have grown significantly over time as a result of the world's expanding population and rapid industrialisation. Furthermore, freshwater resources have dramatically decreased in several areas. This has led to the development of a number of strategies for the appropriate application of water management techniques and technology that can preserve and recycle process wastewater. The global market is expanding as a result, which in turn is driving up demand for and use of industrial wastewater treatment chemicals.
Additionally, a number of economic sectors, like oil & gas, power, mining, etc., depend heavily on water for their operations. However, due to a lack of appropriate rules and financial constraints relating to wastewater treatment, water availability for industrial application is minimal in some nations, including India, China, and Brazil. As a result, these nations are making an increasing amount of expenditures in wastewater treatment to improve water quality. In the next years, this is expected to increase the use of chemicals for industrial wastewater treatment and fuel market expansion worldwide.
Other major factors influencing the growth of the global industrial wastewater treatment industry include the introduction of various strict environmental regulations, the growing emphasis on the use of green chemicals to remove suspended solids, viruses, and fungi from water, the expanding exploration and development of new oil fields across regions, and the expanding construction of new, high-capacity power plants using fossil fuels globally.
Industrial Wastewater Treatment Chemicals Market Segmentation:
By Type:
• Corrosion Inhibitors
• Scale Inhibitors
• Coagulants & Flocculants
• Biocides & Disinfectants
• Chelating Agents
• Anti-foaming Agents
• pH Adjusters and Stabilizers
• Others
By End-use Industry:
• Power Generation
• Oil & Gas
• Mining
• Chemical
• Food & Beverage
• Others
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Companies in Industrial Wastewater Treatment Chemicals Market:
The research report offers a competitive analysis of prominent companies operating in the global industrial wastewater treatment chemicals market. Some of the leading players profiled in the market research report include:
• The Dow Chemical Company
• GE water & process Technologies
• Hydrite Chemical
• Air Products & Chemicals
• BASF SE
• Ecolab Inc.
• Kemira Oyj
• Suez SA
• Veolia Group
• Lonza Group Ltd.
• Kurita Water Industries Ltd.
• Thermax Limited
• Baker Hughes Inc.
• Akzo Nobel N.V.
• SNF Floerger
• DuPont de Nemours Inc.
• Solenis
• Other Players
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