APAC Industrial Sludge Treatment Chemicals Market to witness 6%+ CAGR till 2024

Asia Pacific Industrial Sludge Treatment Chemicals Market is likely to grow at a notable CAGR of around 6.5% in future due to the rapid expansion in regional manufacturing units. North America, led by the U.S. and Canada, is likely to hold a major chunk in the industrial sludge treatment chemicals market in future due to the developed industries in this area.

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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.

The robust demand for sludge elimination technologies across the globe is certain to drive industrial sludge treatment chemicals market in the forthcoming years. In an era dominated by industrialization and urbanization, the accumulation of industrial wastes is way too self-evident to be ignored. Given the ongoing urgency to promote environmental safety, eliminating destructive wastes is being prioritized by companies, which has given rise to numerous wastewater treatment plants across the globe. However, this practice of waste disposal leads to the accumulation of a massive proportion of sludge, demanding the deployment of sludge treatment methodologies, which would eventually propel industrial sludge treatment chemicals industry share. In essence, it would be justified to state that the prevalence of wastewater treatment facilities is directly proportional to the expansion of industrial sludge treatment chemicals market.

Apart from mainstream companies, the governments of the various countries have also taken initiatives to curb industrial as well as residential waste which is likely to have a positive influence on industrial sludge treatment chemicals market outlook. Recently, the Indian government has implemented the Swachh Bharat Abhiyan to promote cleanliness in the country. Additionally, to familiarize the mission among the masses, the Indian government has also been providing sufficient funding.
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.

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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.

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

Major Point From Table Of Content:

Chapter 4. Industrial Sludge Treatment Chemicals Market, By Sludge Type

4.1. Global industrial sludge treatment chemicals market share by sludge type, 2016 & 2024

4.2. Activated sludge

4.2.1. Market estimates and forecast, 2013 – 2024

4.2.2. Market estimates and forecast, by region, 2013–2024

4.3. Primary sludge

4.3.1. Market estimates and forecast, 2013 – 2024

4.3.2. Market estimates and forecast, by region, 2013–2024

4.4. Mixed sludge

4.4.1. Market estimates and forecast, 2013 – 2024

4.4.2. Market estimates and forecast, by region, 2013–2024

4.5. Others (Tertiary sludge, etc.)

4.5.1. Market estimates and forecast, 2013 – 2024

4.5.2. Market estimates and forecast, by region, 2013–2024

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