Global Industrial Sludge Treatment Chemicals Market Exhibiting 5.8% CAGR 2014-2020 due to Rising Industrialization in Emerging Economies

The report is titled ‘Industrial Sludge Treatment Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’ and is available for sale on TMR’s website for sale.According to the report, the global industrial sludge treatment chemicals market was valued at US$4.1 bn in 2013 and is expected to be valued at US$6.1 bn by 2020, exhibiting a CAGR of 5.8% from 2014 to 2020.

Leading market intelligence and analysis firm Transparency Market Research (TMR) has announced the publication of a new market research report, examining the global industrial sludge treatment chemicals market. The industrial sludge treatment chemicals market’s historical and present statistics are collated in the report to provide an estimation of how the market will progress in the coming years. Forecasts about the industrial sludge treatment chemicals market from 2014 to 2020 are given in the report.

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Industrial sludge refers to the slurry obtained from wastewater treatment processes. This can contain, depending on the source, varying species of pathogens and various chemicals. Industrial sludge is thus an environmental and health hazard and has to be treated before it can be released. Industrial sludge treatment chemicals are used to this effect. The main purpose of industrial sludge treatment chemicals is to reduce the volume of water present in industrial sludge and eliminate or negate the pathogens present in it. To this end, various types of chemicals are used.

On the basis of chemical type, the global industrial sludge treatment chemicals market is segmented into coagulants, flocculants, disinfectants, and others. Of these, flocculants emerged with the largest market share in 2013, with 36%. The segment is also expected to exhibit the fastest CAGR of all chemical type segments of the industrial sludge treatment chemicals market.

Accordingly, conditioning and stabilization was the largest process segment of the industrial sludge treatment chemicals market. Flocculants are used in conditioning and stabilization procedures and force particles suspended in the water to coalesce, making them easier to remove. Other processes utilizing industrial sludge treatment chemicals are thickening, dewatering and drying treatments, and digestion.

In terms of type of sludge, the industrial sludge treatment chemicals market has been segmented into activated sludge, mixed sludge, primary sludge, and others. Activated sludge emerged as the dominant segment of the industrial sludge treatment chemicals market in 2013, with a 46% share.

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The main factor propelling the global industrial sludge treatment chemicals market is the rising industrialization in emerging countries. As BRIC countries and GCC countries emerge as dynamic economic powers, the demand for sludge treatment chemicals in these regions is rising. Accordingly, the Asia Pacific market for industrial sludge treatment chemicals market is expected to exhibit the highest CAGR of all regional segments of the industrial sludge treatment chemicals market – 6%. However, currently, North America dominates the global industrial sludge treatment chemicals market, with a share of 30% in 2013.

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