Burgeoning End-User Industries is Galvanizing the Demand for Antiscalant Market in the Middle East

According to MarkNtel Advisors’ research report, “Middle East Antiscalant Market Analysis, 2021,” the market is likely to witness around 6% CAGR during 2021-26. The demand for antiscalants in the Middle East is mainly due to the increasing number of desalination plants in the region. Further, the surging number of depleting renewable sources and extensive government initiatives are other critical aspects likely to fuel the market growth. In 2018, the Water and Electricity Company introduced five public-private partnership projects, which are likely to increase the capacity of water provided daily. Moreover, snowballing focus on building non-oil sectors, such as chemicals and plastics, would also lead to a rise in industrial demand for Antiscalants, thereby propelling the overall market growth.

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Key questions answered in the study
1. What are the current and future trends in the Middle East Antiscalant market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Middle East Antiscalant market?
5. What is the customer orientation, purchase behavior, and expectations from the Middle East Antiscalant market service providers across various countries?

Chemical Industry Accounted for the Largest Market Share

Based on End-Users, the market bifurcates into Oil & Gas, Metal & Mining, Water Treatment, Power Generation, Chemical Industry, and Others, including Food & Beverage, Pulp & Paper, etc. The Chemical Industry acquired the largest share in the Middle East Antiscalant market in the previous few years. The segment growth owes to the snowballing demand for high-quality antiscalant chemicals in various chemical industries. Antiscalants help eliminate the chances of scale formations from the water in the chemical industry, thus, helps in streamlining the process.

“Middle East Antiscalant Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Antiscalant providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

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Sulfate Exhibits Fastest Growth

Based on the Type, the market bifurcates into Carbonate, Phosphate, Sulphate, and Fluoride. The Sulphate segment is more likely to grow considerably in the Middle East Antiscalant Market during 2021-26 due to mounting usage of sulfates in the seawater treatment industry. Sulfate is used mainly in the desalination process of seawater, thereby resulting in its increasing penetration in the seawater treatment sector. Besides, their surging demand in offshore oil & gas industries for seawater desalination is another crucial factor likely to fuel their growth in the forecast period, reveals MarkNtel Advisors in their research report, “Middle East Antiscalant Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Middle East Antiscalant Market are Nalco, Biolab, Veolia, Metito, Wetico, American Engineering Services (AES), Rawabi Chemicals, Fouz Chemical, DUBI Chem, Reza Industrial, Avista, BASF, BWA Water Additives, Kemira, General Electric (Lenntech), and Solvay.

Market Segmentation:
1. By Type (Carbonate, Phosphate, Sulphate, Fluoride, Others (Silica, Magnesium hydroxide, etc.)
2. By Form (Liquid, Solid)
3. By Method (Threshold inhibition, Crystal Modification, Dispersion)
4. By Feed Water (Sea, Brackish)
5. By End-User (Oil & Gas, Metal & Mining, Water Treatment, Power Generation, Chemical Industry, Others (Food & Beverage, Pulp & Paper, etc.))
6. By Country (UAE, Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, Egypt, Others)
7. By Company (Nalco, Biolab, Veolia, Metito, Wetico, American Engineering Services (AES), Rawabi Chemicals, Fouz Chemical, DUBI Chem, Reza Industrial, Avista, BASF, BWA Water Additives, Kemira, General Electric (Lenntech), Solvay)

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We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.