Press release
Europe Industrial Sludge Treatment Chemicals Market will surpass $2bn by 2024
Growing industrialization in these countries will lead to increasing manufacturing units which will further lead to huge waste and sludge generation. Most of the end-user industries generate and release numerous amount of waste in the form of sludge. Increasing manufacturing and chemical industries owing to industrial development, and rising environmental concerns in these nations will further boost the industrial sludge treatment chemicals market demand in the coming years.
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Disposal of sludge in a proper manner is a very important issue as it needs proper care owing to its hazardous nature related the chemical constituents present in them. Dewatering leads to minimizing the sludge pathogen content and further enhances its properties and possible sludge usage as fertilizers. The disposal of sludge as fertilizers which are very useful to agricultural production will in turn fuel the industrial sludge treatment chemicals market demand in the next few years.
Industrial wastewater generates large amounts of sludge, which contains extracellular polymeric substances and huge biomass quantities. Extensive amount of water leads to high handling and transportation cost which makes treatment plants eat up over half of the operational budget. High costs associated with sludge treatment will result in a restricted industrial sludge treatment chemicals market growth.
In the industrial sludge treatment chemicals market, activated sludge held a maximum portion in 2016 and will exhibit growth to attain over 45% share by 2024. Primary sludge segment will raise at a significant CAGR from 2017 to 2024 to surpass USD 1.5 billion by the end of the forecast period.
Process chemicals are majorly segmented as disinfectants, coagulants, and flocculants. Coagulants will grow at moderate rate to surpass USD 2.5 billion by the end of the forecast timespan. Flocculants segment will exhibit growth at a CAGR of over 6% to capture the highest industrial sludge treatment chemicals market share by 2024.
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Conditioning & stabilization process segment will display growth at a maximum CAGR in the forecast period and is said to be valued close to USD 3 billion by 2024. Dewatering & drying treatment segment is said to grow with a CAGR of over 6% in the forecast timespan to capture close to 30% of the industrial sludge treatment chemicals market share in 2024.
Food & beverages is one of the major end-user industries of the industrial sludge treatment chemicals market and is likely to generate close to USD 1.5 billion by 2024. Chemicals & personal care segment will grow with a fastest CAGR in the forecast period owing to increasing grooming and hygienic practices.
North America is said to have a slightly higher share than Asia Pacific owing to the mature industrial sludge treatment chemicals market in this region. In the forecast timeframe, Europe industrial sludge treatment chemicals market will surpass USD 2 billion by 2024 and will exhibit slower growth than above two regions. Asia Pacific will raise with a fastest CAGR of close to 6.5% owing to increasing manufacturing activities in this region.
Key industrial sludge treatment chemicals market players are AkzoNobel, Veolia, Ashland, ITS Group, Hubbard-Hall, Amcon, Beckart Environmental, Kurita Water Industries, SAS Environmental Services, Ecolab, Ovivo, Suez, Kemira, Accepta and BASF to name some.
Browse key industry insights spread across 180 pages with 250 market data tables & 13 figures & charts from the report, “Industrial Sludge Treatment Chemicals Market Size By Sludge Type (Activated, Primary, Mixed), By Process Treatment (Dewatering & Drying, Conditioning & Stabilization, Thickening, Digestion), By Process Chemicals (Flocculants, Coagulants, Disinfectants), By End-user (Automotive, Oil & Gas, Metal Processing, Food & Beverages, Pulp & Paper, Personal Care & Chemicals, Electronics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/industrial-sludge-treatment-chemicals-market
Chapter 4. Industrial Sludge Treatment Chemicals Market, By Sludge Type
4.1. Global industrial sludge treatment chemicals market share by sludge type, 2016 & 2024
4.2. Activated sludge
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Primary sludge
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013–2024
4.4. Mixed sludge
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013–2024
4.5. Others (Tertiary sludge, etc.)
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013–2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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