Industrial Sludge Treatment Chemicals Market Worldwide Forecast By Environmental Services & Chemical Companies: BASF, Accepta, Kemira, Suez, Ovivo, Ecolab, Kurita Water Industries, Hubbard-Hall, ITS Group, Ashland, Veolia, AkzoNobel and many more.

North America industrial sludge treatment chemicals market is said to have a slightly higher share than Asia Pacific. In the forecast timeframe, Europe industrial sludge treatment chemicals market will surpass USD 2 billion by 2024 and will exhibit slower growth than above two regions. Asia Pacific will raise with a fastest CAGR of close to 6.5% owing to increasing manufacturing activities in this region.

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Global Industrial Sludge Treatment Chemicals Market is predicted to be valued USD 7.5 billion by 2024. Industrial expansion coupled with a rapid increase in manufacturing activities will have a significant impact on the overall industrial sludge treatment chemicals market growth by 2024. A heavy amount of sludge and waste are generated from these units and treatment chemicals are required for the same.

The economic growth of developing regions resulting in a surge in chemical and mining industries will positively influence the market demand due to an extensive release of waste products from these sectors. Strict government protocols related to the sludge and excessive waste generation will spur the demand for the industrial sludge treatment chemicals market over the forecast period.

The proper disposal of waste and sludge content is an important issue across the globe due to the presence of hazardous chemical components in it. Special handling and appropriate care are essential at the time of the disposal and treatment to make them suitable for the use in the agriculture sector in the form of fertilizers, etc. These factors will enhance the industrial sludge treatment chemicals market growth by 2024.

Excessive usage of water and the resultant high transportation and operational cost are the key restraining factors for industrial sludge treatment chemicals market growth over the forecast timeframe. Integrated production systems and technology advancements to reduce the sludge production will further hinder the market growth in the future owing to the lesser sludge produced from the industries.

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Industrial sludge treatment chemicals market is segmented based on sludge type, process chemical, process treatment, end-user, and regions. The three major sludge types include mixed, activated, and primary. The minor sludge types are tertiary, humus, etc., and have been included in the others segment. Among these, activated type dominated the overall the market and in 2016, it was valued at over USD 1.5 billion.

The four key processes are widely used in the industry, which include digestion, dewatering & drying, thickening, and conditioning & stabilization. Dewatering & drying process treatment is extensively used and held a significant share of the overall industrial sludge treatment chemicals market in 2024. This segment is likely to grow at a substantial CAGR of more than 6% by the end of the forecast period.

There are three major process chemical segments, flocculants, disinfectants, and coagulants. The minor chemicals include defoamers, activated carbon, etc. Among these, flocculants held a significant share in the overall industrial sludge treatment chemicals market and will grow at a substantial CAGR of around 6% by the end of the forecast time.

The major industrial sludge treatment chemicals market end-user segments include pulp & paper, oil & gas, food & beverages, electronics, automotive, metal processing, personal care, and chemicals. The minor industries include paint & coating, textiles, and others. Among these, the personal care segment held a notable share in the industry and will also grow at a significant CAGR by 2024. The food & beverage segment valued at around USD 1.5 billion over the forecast time frame.

Competitive Market Analysis -

The prominent industry players include Ecolab, ITS Group, BASF, Veolia, Beckart, Kurita Industries, Kemira, AkzoNobel, Hubbard-Hall, Ashland, Ovivo, SAS Environmental, Accepta, and others.

Browse key industry insights spread across 180 pages with 250 market data tables & 13 figures & charts from the report, “Industrial Sludge Treatment Chemicals Market Size By Sludge Type (Activated, Primary, Mixed), By Process Treatment (Dewatering & Drying, Conditioning & Stabilization, Thickening, Digestion), By Process Chemicals (Flocculants, Coagulants, Disinfectants), By End-user (Automotive, Oil & Gas, Metal Processing, Food & Beverages, Pulp & Paper, Personal Care & Chemicals, Electronics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/industrial-sludge-treatment-chemicals-market

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