Press release
Sludge Treatment Chemicals Market: Flocculant Product Type Segment Estimated to Account for Maximum Market Value Share Between 2016 and 2026
Increasing number of industries and sludge treatment plants at municipal level is boosting the demand in the global sludge treatment chemicals market
Increasing efforts towards water conservation activities by industrial bodies, municipal corporations and environmental associations is driving the demand in the global sludge treatment chemicals market. The increasing number of industries globally and sludge treatment plants at municipal level is further expected to drive the global sludge treatment chemicals market.
One of the major trends in the global sludge treatment chemicals market is the introduction of multifunctional chemicals like copolymers of AETAC (N,N-Dimethylaminoethyl Acrylate Methyl Chloride Quaternary) that can perform dual functions by both coagulating with positive charge and flocculating with high molecular weight. Similarly, Kurita Water Industries launched a multifunctional polymer which could perform dual functions of anti-scaling and dispersion.
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The non-chemicals method like filters and membranes are growing at a faster rate than the use of chemicals especially for municipal sludge treatment plants as this technology is more hygienic and creates less pollution. The use of membrane bioreactor can eliminate the cost for tertiary treatment. In addition, increased awareness and concern towards climate change and more sustainable products may change demand towards water treatment technologies with lower chemical consumption, and this may have a negative impact on the global sludge treatment chemicals market.
Besides, high operational costs of sludge treatment plants with a major cost comprising of the cost of chemicals may also act as a restraint in the global sludge treatment chemicals market.
Flocculant segment is estimated to account for 56.3% of the share in the global sludge treatment chemicals market by 2016 end
In terms of value, flocculant segment is estimated to account for 56.3% of the share in the global sludge treatment chemicals market by 2016 end. The market share for disinfectants is expected to increase by 1.8x with sales expected to be valued at US$ 656.4 Mn by 2026 end.
Municipal segment accounted for a major market share in terms of revenue by 2016 end
On the basis of application, the global sludge treatment chemicals market is segmented into industrial and municipal segment. Municipal segment accounted for a major market share in terms of revenue by the end of 2016 and is expected to register a significant CAGR over the forecast period.
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Primary treatment is expected to dominate the market share in terms of value and volume over the forecast period
On the basis of treatment, global sludge chemicals market is segmented into primary and tertiary treatment. Tertiary segment is expected to exhibit a CAGR of 5.1% over the forecast period. However, primary treatment is expected to dominate the market share in terms of value and volume over the forecast period.
The sludge treatment chemicals market in the Asia Pacific is expected to exhibit a value CAGR of 6.0% during the forecast period
North America is estimated to account for over 32% share of the global sludge treatment chemicals market in terms of value by the end of 2016. The market in the Asia Pacific is expected to exhibit a value CAGR of 6.0% over the forecast period. Markets in North America and Europe are estimated to collectively account for over 60% market share in terms of value by the end of 2016.
Strengthening of supply chain, particularly in regions such as APEJ and Latin America, is key focus area for players in this market
Some of the key players identified in the global sludge treatment chemicals market are BASF SE, Chembond Chemicals Limited, GE Water and Process Technologies, Kurita Water Industries Ltd., Kemira Oyj., Thermax Ltd., Akzonobel N.V., Solenis, Veolia Water Technologies etc.
Strengthening of supply chain, particularly in regions such as APEJ and Latin America, is key focus area for players in this market. Manufacturers are focused on developing multifunctional polymers which could help in cost cutting and improved efficiency. A number of sludge treatment chemicals manufactures have been involved in strategic mergers and acquisitions to expand their customer base globally.
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