Press release
Water Treatment Chemicals Market Forcasted for Accelerated Growth by 2024
Water treatment chemicals are added to purify water and remove foreign material. Water used in soft drinks is chemically treated which came from municipal drinking water, seawater, and groundwater. The consumption of chemically treated water depends on a variety of parameters such as alkalinity, total dissolved solids, pH, and hardness of water.
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Global Water Treatment Chemicals Market in Soft Drinks: Growth Factors
Major driving factors of the water treatment chemicals market in soft drinks are growing industrial activities and increasing the population. In addition, increasing purchasing power and rising standards of living are anticipated to fuel the global market growth in future. Company focus to lower prices and expand product range in order to meet customer expectation may also impact the global market in a positive way. Conversely, the poor supply chain may hinder the global water treatment chemicals market in soft drinks.
Global Water Treatment Chemicals Market in Soft Drinks: Segmentation
The global water treatment chemicals market in soft drinks is segmented based on the process as boiler water, wastewater, cooling water, and process water. Based on chemical the global market is fragmented as flocculants, corrosion inhibitor, coagulant and scale inhibitor. Of these, corrosion and scale inhibitors contributed for largest market share.
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Global Water Treatment Chemicals Market in Soft Drinks: Regional Analysis
Non-chemical treatments are gradually being adopted in the North America. Ultraviolet disinfection and ultrafiltration are non-chemical treatments and are used for soft drinks processors since they easily remove impurities compared to the chemical methods. These methods are the substitute to water treatment chemicals to some extent. However, many advanced technologies are available for water treatment, but water treatment chemicals for soft drinks are the most cost-efficient method. Moreover, advanced technologies need enormous investment compared to water treatment chemicals. There is a huge difference between operating costs requisite in advanced technologies irrespective of chemicals. Moreover, Asia Pacific is the emerging region for water treatment chemicals market in soft drinks. Whereas, the U.S. and Japan are the major consumers of the soft drinks which are expected to propel the global market. China and India also contributed for the largest market chunk owing to growth in the soft drink plants. Along with water treatment equipment, they remove residual impurities and maintain standardized water quality. Antiscalants water treatment is used in reverse osmosis (RO) process in soft drink plants.
Global Water Treatment Chemicals Market in Soft Drinks: Competitive Players
Major players in the global water treatment chemicals market in soft drinks are Clariant, NALCO, BASF Corporation, PepsiCo, Nestle S.A., Coca-Cola Company, Kurita Water Industries Ltd., GE Water and Process Technologies, and Baker Hughes Inc. Other key players in the global market include BK Giulini GmbH, Ashland Inc., and Kemira.
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Global Water Treatment Chemicals Market in Soft Drinks: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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