Process Chemicals for Water Treatment Market to Reflect a Significant CAGR of 5.6% by 2025
Growing need to replace or upgrade current treatment plants in developed nations has been fostering the growth of the market.
(firmenpresse) - The global process chemicals for water treatment market size is expected to reach USD 9.9 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.6% during the forecast period. Growing need to replace or upgrade current treatment plants in developed nations has been fostering the growth of the market.
Mandatory approvals from pollution control boards as well as state government levels have further impelled major industry participants to adopt high-performance water-treatment machinery and equipment. These companies are expected to comply with stringent environmental regulations pertaining to appropriate treatment of wastewater. Water treatment chemicals are extensively used across applications to prevent microbial influenced corrosion and health hazards.
Geothermal power generation is likely to be the fastest growing application for process chemicals over the forecast period. Process chemicals are mainly used to address the problems in critical areas such as slime control for surface condensers and cooling tower fill, treatment of suspended solids in low-velocity heat exchangers, control of corrosion of steel components in system piping, concrete components in cooling tower, and steel condensate reinjection lines. Process choices are crucial to ensure reliability and operational efficiency in geothermal plants.
Defoamers are the most widely used process chemicals owing to their necessity in cooling towers. Cooling towers are highly susceptible to foaming as feed water is treated with several chemicals with surface active properties. Also, tower functions by drawing continuous flow of air from environment, which has several particulate and vapor contaminants. These can trigger bacterial and algal growth in systems, leading to surface fouling and foam formation. Moreover, cascade of water from top to bottom provides mechanical energy for foam formation, which can create operational inefficiency and downtime.
Asia Pacific emerged as the most significant market for process chemicals over the past few years. Rapid industrialization, coupled with growing awareness towards water pollution and treatment of wastewater, has been stimulating the growth of the market for process chemicals in the region. Additionally, government initiatives such as soft loans and subsidies for water treatment facilities has positively influenced the growth of the market.
Europe was a prominent revenue contributor in the market in 2016. The most widely used water treatment chemicals in the region include corrosion & scale inhibitors, coagulants & flocculants, pH boosters, softeners, defoamers, disinfectants, and biocides. The market is driven by stringent environmental regulations on wastewater management and high water-quality standards established for industrial applications.
To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/water-treatment-process-chemicals-market
Further key findings from the report suggest:
The sugar & ethanol segment is likely to reach USD 2.17 billion by 2025, at a CAGR of 5.3% from 2017 to 2025
In terms of volume, the petrochemicals segment is expected to expand at a CAGR of 4.9% over the forecast period
In terms of volume, the geo-thermal power segment is poised to post a CAGR of 6.6% over the forecast period
In terms of volume, Belgium process chemicals for water treatment market is anticipated to exceed 131 kilotons by 2025
Countries in Asia Pacific, especially Singapore, Australia, South Korea India, Indonesia, Japan, and China, are projected to experience commendable growth during the forecast years.
Grand View Research has segmented the global process chemicals for water treatment market on the basis of application and region:
Process Chemicals in Water Treatment Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Sugar & Ethanol
Biocides
Flocculants
Viscosity Reducer
Anti-foaming Agents
Deposit Control
Ethanol Neutralizer
Decoloring Agents
Others
Fertilizers
Defoamers
pH Boosters
Granulation Aids
Sludge Conditioners
Antiscalants
Phosphates
Biocides
Silica Dispersants
Strength Agents
Anti-caking Agents
Wetting Agents
Others
Geothermal Power Generation
Defoamers
pH Boosters
Antiscalants
Biocides
Dewatering Aids
Silica Scale Control
Calcium Carbonate scale control
Others
Petrochemical Manufacturing
Defoamers
pH Boosters
Antiscalants
Biocides
Solvents
Others
Refining
Catalysts
pH Boosters
Solvents
Corrosion Inhibitors
Oxidizers
Coagulants & Flocculants
Demulsifiers
Others
Process Chemicals in Water Treatment Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
North America
US.
Canada
Europe, Middle East & Africa
Belgium
France
Italy
Spain
UK.
Germany
Austria
Sweden
Turkey
Finland
Poland
China
Asia Pacific
Singapore
India
Indonesia
South Korea
Australia
New Zealand
Japan
Thailand
Vietnam
CIS
Iran
Latin America
Brazil
Mexico
Argentina
Chile
South Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.08.2019 - 07:56 Uhr
Sprache: Deutsch
News-ID 597447
Anzahl Zeichen: 6504
contact information:
Contact person: Sonali Kulkarni
Town:
San Francisco
Phone: 14153490058
Kategorie:
Waste Management
Typ of Press Release: please
type of sending: don't
Diese Pressemitteilung wurde bisher 310 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Process Chemicals for Water Treatment Market to Reflect a Significant CAGR of 5.6% by 2025"
steht unter der journalistisch-redaktionellen Verantwortung von
Grand View Research Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
