Sludge Treatment Chemicals Market will Make Impact with Analysis of Top Key Players: BASF SE, Kamira OYJ, Amcon, GE Water & Process Technologies, Ovivo and More
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.
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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.
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.
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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.
Key Market Benefits:
• The report includes extensive analysis of the factors driving as well as restraining the global sludge treatment chemicals markets
• The market projections for the period 2015-2022 have been included along with factors affecting the same
• The report also provides quantitative as well as qualitative market trends to help the stakeholders in understanding the situations prevailing in the market
• An in-depth analysis of key segments of the market demonstrates stakeholders with different types of sludge treatment chemicals consumed across different industries on the globe.
• SWOT analysis enables to study the internal and external environment of the leading companies for strategy formulation
• Competitive intelligence highlights the business practices followed by the leading market players across various geographies
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