Sludge Treatment Chemicals Market will Account for Revenues Worth $5.5 Billion by 2022

Sludge Treatment Chemicals Market is expected to garner $5.5 billion by 2022, registering a CAGR of 5.3% during the forecast period 2016-2022. Sludge is a by-product, produced during the treatment of wastewater. Pathogens, organic matters, chemicals, and microorganisms are different constituents of the sludge. Besides, sludge also contains harmful agents, such as heavy metals, that adversely affect the environment and cause severe health issues when directly exposed.

Therefore, sludge is to be treated before disposing into the environment. The chemicals used at different stages of this treatment are termed as sludge treatment chemicals. Industries such as food and beverage, personal care, automotive and paper and pulp are the key consumers of these chemicals due to the large production of sludge while manufacturing.

Growing industrialization, rising environmental concerns, and increasing need for sludge removal across the globe are the key factors driving the growth of the world sludge treatment chemicals market. Furthermore, increasing focus of different regulatory bodies for the reduction of sludge volume is expected to drive the market growth during the forecast period. However, factors such as high cost of sludge treatment process in conjunction with development in the water treatment process to reduce discharged sludge have hampered the market growth.

Access Full Summary at : https://www.alliedmarketresearch.com/sludge-treatment-chemicals-market

Sludge treatment chemicals market has been segmented by type as coagulants, flocculants, disinfectants, and others. In 2015, coagulants occupied more than half of the market and are expected to maintain its lead during the forecast period. Coagulants are used for solid removal, water clarification, lime softening, sludge thickening and solids dewatering. The cost effectiveness of coagulants would provide the growth opportunity of sludge treatment chemicals market.

In terms of application, the market has been segmented into food & beverages, personal care & chemicals, pulp & paper, metal processing, oil & gas, automotive, paints & coatings, mining, and others. In 2015, food & beverage, personal care & chemicals, pulp & paper and metal processing industry cumulatively consumed more than 40% of the total market.
By Geography, the market has been segmented into North America, Europe, Asia-Pacific and LAMEA. In 2015, North America consumed one third of the total sludge treatment chemicals. Huge number of wastewater treatment plants coupled with advanced sludge management programs such as usage of biocides in fertilizers and electricity generation among others are the key factors responsible for the growth of sludge treatment chemicals market in North America. However, Asia-Pacific will be the fastest growing market and is expected to grow at a CAGR of 6.0% during 2016-2022.

Top Investment Pockets

The world sludge treatment chemicals market is segmented into four regions as North America, Europe, Asia-Pacific, & LAMEA. North America is the highest revenue-generating region for sludge treatment chemicals. The North American sludge treatment chemicals market was valued at $1,170.2 million in 2015 and is expected to grow at a CAGR of 5.1% from 2016 to 2020. Increasing population and rising wastewater treatment facilities are the key factors responsible for the growth of the sludge treatment chemicals market in North America.

On the basis of type, coagulants occupied the largest share of 64.94% of the total market and is expected to maintain its lead during the forecast period. Coagulants are used for solid removal, water clarification, lime softening, sludge thickening, and solids dewatering. The cost-effectiveness of coagulants is likely to provide growth opportunities for the sludge treatment chemicals market.

Get Sample PDF Brochure : https://www.alliedmarketresearch.com/request-sample/1255

In terms of application, the food & beverage industry was the largest producer of sludge, and hence the largest consumer of the sludge treatment chemicals. In 2015, this industry occupied the highest share of 19.08% and is expected to maintain its lead through 2022.

Competitive Intelligence on few prominent manufacturers of sludge treatment chemicals provide key insights in terms of strategies implemented to gain significant share in the sludge treatment chemicals market. The leading players in the market have adopted product launch as the key developmental strategies in order to expand their business horizons across different geographies. Some of the leading manufacturers profiled in this report includes BASF SE, Kamira OYJ, Amcon Inc., GE Water & Process Technologies, Ovivo Inc., Accepta Water Treatment, Ecolab Incorporated, Kurita Water Industries Ltd., Beckart Environment, The Dow Chemical Company, Hubbard-Hall Inc.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.