Press release
Industrial Sludge Treatment Chemicals Market to hit US$7.5 Bn by 2024 | Top Players are BASF, Kemira, SUEZ, Ecolab, Veolia
Industrial Sludge Treatment Chemicals Market
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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.
A rather pivotal niche vertical, the personal care and chemicals sector is tagged as one of the most lucrative application arenas of industrial sludge treatment chemicals market. The personal care sector alone, as per reliable estimates, currently amounts to more than USD 90 billion. As the trends of beauty and body care have been gaining mainstream prominence, chemical companies have been going the whole hog to develop ingredients that are necessary for manufacturing personal care products. In an effort to keep pace with the expanding personal care sector, firms operating in the chemical realm have also been striving to achieve high quality in product development, in the course of which they have been experimenting with numerous tried-and-tested as well as novel formulations, leading to the accumulation of substantial industrial waste. In order to successfully eliminate the waste, chemical factories often have an attached waste treatment facility on the brink of the production site, prompting the necessity of sludge management strategies, which in turn would provide a slew of opportunities for industrial sludge treatment chemicals market giants.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Accepta
3. Kemira
4. SUEZ
5. Ovivo
6. Ecolab
7. Kurita Water Industries Ltd.
8. Beckart Environmental
9. Amcon Construction Company
10. Hubbard-Hall Inc.
11. ITS Energy Services
12. Veolia
13. AkzoNobel
14. SAS Environmental Services Ltd
Industrial Sludge Treatment Chemicals Market is slated to witness considerable growth prospects in the forthcoming years, pertaining to the increasing demand to normalize the effect of wastewater. Most of the companies across the automotive, chemical, food & beverages, manufacturing, and paper & pulp sectors have been implementing wastewater and sludge treatment plants on large scale, subject to the maintenance of environment safety. Companies such as Mitsubishi Hitachi Power Systems, for instance, have been continuously involved in the deployment of waste water treatment plants, in order to reduce industrial sludge. In addition, companies have also been investing heavily in research and development activities to deploy newer methods of wastewater treatment. The dedicated involvement of companies with regards to water treatment technologies will boost industrial sludge treatment chemicals industry share up to 2024.
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.
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-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
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