Wastewater Treatment Material Market (2021-2030) | Potential growth, attractive valuation make it is a long-term investment | Top Key Players: Feralco Group, BWA Water Additives

Water treatment is the industrial procedure of transforming wastewater into soft water to make it usable for the industrial processing. Water treatment equipment is needed to remove microbial contaminants such as unwanted bacteria, viruses, protozoa and other suspended solid particles from the water. Usage of poor-quality water in the industry is harmful for processing. Rising usage of water in the manufacturing sector is fueling the demand for industrial water treatment equipment. The rising growth of oil and gas reserves, pharmaceuticals, food and chemical sectors are propelling the market.

In addition, the market is observing the development of better and effective industrial wastewater treatment technology. Rising environmental concerns associated to the health of people who live near to the industrial areas are compelling the growth of the industrial water treatment market. On the other hand, the escalating demand for more environmentally friendly procedures will constrain the market growth.

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The Global Industrial Wastewater Treatment Market in 2020 was approximately USD 12.4 Billion. The market is expected to grow at a CAGR of 6.82% and is anticipated to reach around USD 17 Billion by 2026. The factors contributing towards the growth are increasing demand from end user industries and advancement of innovative technologies, will drive the market for industrial wastewater treatment market. Water usage in the commercial and institutional sector is increasing at a rapid pace due to increasing applications.

Water is an indispensable resource for every industry. It is used in various processes during different manufacturing stages of a particular product. This results in the production of wastewater which must be treated before reusing or discharging back into the source. Several regulations exist with effluent guidelines serving as national standards. These control the discharge of wastewater into surface waters and public water treatment network.

Major players in the market are:

Feralco Group, BWA Water Additives, Aditya Birla Chemicals, SNF Group, BASF, Shandong Taihe, Kemira, Solenis, Solvay, Suez (GE), Dow, Akzo Nobel, Ecolab and Others.

On the basis of types, the Industrial Wastewater Treatment Material market from 2015 to 2026 is further sub segmented into:

Ph Adjusters & Softeners
Flocculants & Coagulants
Corrosion Inhibitors
Scale Inhinitors/Dispersants
Biocides & Disinfectants
Other

On the basis of applications, the Industrial Wastewater Treatment Market from 2015 to 2026 is further sub segmented into:

Chemical Industry
Food Industry
Paper Industry

Based on geography, the global Industrial Wastewater Treatment Market segmented into

North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

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The market for industrial wastewater treatment is intensely competitive and is highly fragmented. The top 10 players accounted for major market share in 2021. The vendors in the industrial wastewater treatment market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, services into their products. In addition, the market is expected to be highly competitive over the years with increased number of new players.

Under COVID-19 Outbreak, how the Industrial Wastewater Treatment Material Industry will develop is also analyzed in detail in Chapter 1.7 of the report.

In Chapter 2.4, we analyzed industry trends in the context of COVID-19.

In Chapter 3.5, we analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.

In Chapters 6 to 10 of the report, we analyze the impact of COVID-19 on various regions and major countries.

In chapter 13.5, the impact of COVID-19 on the future development of the industry is pointed out.

A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.

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