Press release
Industrial Water Treatment Chemicals Market in Europe will Grow at a CAGR of more than 5.7% by 2020
Albany, NY, 19 JAN : The introduction of stringent regulations regarding water conservation and wastewater management within the industrial processes have propelled several industries to opt for better water treatment facilities, such as treating effluent water. The adoption of better and efficient water treatment facilities with effective chemicals usage improves the quantity of the water available for recycling and reuse and also reduces the level of water pollutants in the discharged water. This helps the industries to reuse their process water extensively, rather than discharging it into the environment.Water is used significantly in most industrial processes. The characteristics of water change due to the addition of chemicals in the internal process, and temperature and pressure variations in the external processes. The water used in such processes is either discarded from the system or reused (if it can be treated).
Most industries have water treatment plants for treating their processed and waste water for either reuse or discharge. The treatment process depends on the concentration of the water to be treated.
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Technavios analysts forecast the industrial water treatment chemicals market in Europe to grow at a CAGR of 5.7% during the period 2016-2020.
Covered :
The report covers the present scenario and the growth prospects of the industrial water treatment chemicals market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of industrial water treatment chemicals.
Technavio's report, Industrial Water Treatment Chemicals Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Akzo Nobel
BASF
Calgon Carbon
Chemifloc
Kemira
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Other prominent vendors
American Water Works Company
ChemTreat
Dow Chemical
Mitsubishi Chemical
Suez Environnement Company
Key driver
Critical application creates stable demand for chemicals
For a full, detailed list, view our report
Key challenge
Effective systems reduce amount of chemicals required
For a full, detailed list, view our report
Key trend
Strict legislation results in increased water reuse
For a full, detailed list, view our report
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