Global Industrial Sludge Treatment Chemicals Market Trends - Industry Share, Size Report 2024 | BASF, Kemira, SUEZ, Ovivo, Ecolab, ITS Energy Services, Veolia, AkzoNobel
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Disposal of sludge in a proper manner is a very important issue as it needs proper care owing to its hazardous nature related the chemical constituents present in them. Dewatering leads to minimizing the sludge pathogen content and further enhances its properties and possible sludge usage as fertilizers. The disposal of sludge as fertilizers which are very useful to agricultural production will in turn fuel the industrial sludge treatment chemicals market demand in the next few years.
Industrial wastewater generates large amounts of sludge, which contains extracellular polymeric substances and huge biomass quantities. Extensive amount of water leads to high handling and transportation cost which makes treatment plants eat up over half of the operational budget. High costs associated with sludge treatment will result in a restricted industrial sludge treatment chemicals market growth.
In the industrial sludge treatment chemicals market, activated sludge held a maximum portion in 2016 and will exhibit growth to attain over 45% share by 2024. Primary sludge segment will raise at a significant CAGR from 2017 to 2024 to surpass USD 1.5 billion by the end of the forecast period.
Process chemicals are majorly segmented as disinfectants, coagulants, and flocculants. Coagulants will grow at moderate rate to surpass USD 2.5 billion by the end of the forecast timespan. Flocculants segment will exhibit growth at a CAGR of over 6% to capture the highest industrial sludge treatment chemicals market share by 2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
7. Kurita Water Industries Ltd.
8. Beckart Environmental
9. Amcon Construction Company
10. Hubbard-Hall Inc.
11. ITS Energy Services
14. SAS Environmental Services Ltd
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Conditioning & stabilization process segment will display growth at a maximum CAGR in the forecast period and is said to be valued close to USD 3 billion by 2024. Dewatering & drying treatment segment is said to grow with a CAGR of over 6% in the forecast timespan to capture close to 30% of the industrial sludge treatment chemicals market share in 2024.
Food & beverages is one of the major end-user industries of the industrial sludge treatment chemicals market and is likely to generate close to USD 1.5 billion by 2024. Chemicals & personal care segment will grow with a fastest CAGR in the forecast period owing to increasing grooming and hygienic practices.
North America is said to have a slightly higher share than Asia Pacific owing to the mature industrial sludge treatment chemicals market in this region. 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.
Key industrial sludge treatment chemicals market players are AkzoNobel, Veolia, Ashland, ITS Group, Hubbard-Hall, Amcon, Beckart Environmental, Kurita Water Industries, SAS Environmental Services, Ecolab, Ovivo, Suez, Kemira, Accepta and BASF to name some.
Industrial Sludge Treatment Chemicals Market by Process Treatment
• Dewatering & drying treatment
• Conditioning & stabilization treatment
• Thickening treatment
• Digestion treatment
Browse key industry insights spread across 180 pages with 250 market data tables & 13 figures & charts from the report, “Industrial Sludge Treatment Chemicals Market” in detail along with the table of contents:
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