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Water Wastewater Treatment Chemicals Market 2023 Trends, Growth, Opportunities, Scope & Detail Survey by 2033
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One of the primary drivers of the water wastewater treatment chemicals market is the increasing need to address water scarcity and ensure a sustainable supply of clean water. With the rising global population and rapid urbanization, the demand for freshwater has surged, putting immense pressure on existing water resources. Water treatment chemicals aid in the removal of contaminants, pollutants, and microorganisms from water sources, making it safe for consumption and other purposes.
Companies
Kemira Oyj
ION EXCHANGE (I) Ltd
Thermax Ltd
BASF-SE
GE Water & Process Technologies
Dorf Ketal
Chembond India Ltd
SNF Floerger
Vasu Chemicals
E. I. du Pont de Nemours and Company
Goldcrest
Shandong Taihe Water Treatment Technologies Co., Ltd.
Shandong XinTai Water Treatment Technology Co., Ltd
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Moreover, industrial activities generate a substantial amount of wastewater that requires treatment before discharge. Industries such as chemicals, manufacturing, pharmaceuticals, and power generation produce effluents that contain harmful pollutants. Water wastewater treatment chemicals play a vital role in removing these pollutants and ensuring compliance with stringent environmental regulations. As industrial activities continue to expand worldwide, the demand for treatment chemicals is expected to witness significant growth.
In recent years, there has been a growing focus on sustainable and eco-friendly water wastewater treatment chemicals. With increasing awareness about the impact of chemical substances on the environment and human health, there is a shift towards using greener alternatives in water treatment processes. Environmentally friendly chemicals, such as bio-based polymers and natural coagulants, are gaining popularity in the market. This trend is driven by the need to reduce carbon footprint, minimize chemical waste, and promote sustainable practices.
The water wastewater treatment chemicals market is also influenced by technological advancements. Innovations in water treatment technologies, such as membrane filtration, ultraviolet disinfection, and advanced oxidation processes, have created new opportunities for chemical manufacturers. These technologies often require specific chemicals to enhance their efficiency and effectiveness. As a result, the demand for specialized chemicals tailored to these advanced treatment methods is expected to grow in the coming years.
Drivers to the Market
Limited availability of water for industrial applications is expected to support growth of water treatment chemicals used in manufacturing industries, especially in the oil & gas, power, and mining sectors. These three sectors collectively account for nearly 49% revenue share of the global water and wastewater treatment chemicals market.
Development of central wastewater treatment unit for small & medium scale manufacturers, recycling of wastewater for complete in-situ processing attaining zero discharge, and advanced biological wastewater treatment processes are some of the prominent trends observed in global water & wastewater treatment chemicals market.
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Market Segmentation
By Product Type
Coagulant & Flocculant
Biocide
Corrosion & Scale Inhibitor
Defoamer
pH Adjuster
Others (Chelating agent, oxygen scavenger, etc.)
By End User
Oil & Gas
Power
Mining
Pulp & Paper
Chemical & Fertilizer
Pharmaceutical
Municipal
Textile
Food & Beverages
Others
By Application
Cooling Water
Boiler Water
Membrane Water
Municipal Water
Others
By Region
North America
Latin America
Western Europe
Eastern Europe
Asia pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)
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