Global Industrial Wastewater Treatment Chemicals Market Size To Worth USD 23.6 Billion by 2033 | CAGR of 5.21%
Category: Chemicals & MaterialsGlobal Industrial Wastewater Treatment Chemicals Market Size To Worth USD 23.6 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Industrial Wastewater Treatment Chemicals Market Size is to Grow from USD 14.2 Billion in 2023 to USD 23.6 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.21% during the projected period.
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Browse key industry insights spread across 225 pages with 110 Market data tables and figures & charts from the report on the "Global Industrial Wastewater Treatment Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, and Biocides & Disinfectants), By Application (Cooling & Boilers, Water Desalination, and Raw Water Treatment), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/industrial-wastewater-treatment-chemicals-market
Industrial chemicals have a wide range of applications in wastewater treatment and reuse. Coagulation and flocculation are essential processes in industrial wastewater that improve water clarity by removing suspended solids and colloidal particles. Industrial water treatment chemicals such as coagulants, pH adjusters, and corrosion inhibitors are critical for treating this wastewater, making it recyclable, and reducing the need for freshwater, therefore driving market expansion. Rising corporate demand for water treatment solutions as a consequence of stringent environmental laws and the requirement for sustainable applications are two important drivers projected to drive market expansion. However, the production of disinfection by-products (DBPs) during water treatment is an important constraint.
The coagulants and flocculants category holds the largest market share within the estimated period.
Based on the type, the global industrial wastewater treatment chemicals market is divided into coagulants & flocculants, corrosion inhibitors, scale inhibitors, and biocides & disinfectants. Among these, the coagulants and flocculants category holds the largest market share within the estimated period. Coagulation and flocculation are essential components of potable water and wastewater treatment. They offer a consistent approach to lowering water turbidity, a key indication of water quality. In wastewater treatment, they might decrease suspended particles and organic loads by up to 90%. M.-T. Dao et al. (2021) investigated the application of a natural coagulant generated from Cassia fistula seeds for treating wastewater from the textile dyeing industry, which will contribute to the segment's growth.
The cooling and boilers segment is expected to hold the largest market share during the forecast period.
Based on the application, the global industrial wastewater treatment chemicals market is divided into cooling & boilers, water desalination, and raw water treatment. Among these, the cooling and boilers segment is expected to hold the largest market share during the forecast period. This is owing to its application in a wide range of sectors, including power plants, steel and metal manufacture, sugar and paper mills, and petrochemicals. The industrial, authority, and production industries are predicted to expand throughout the projection period. The growing demand for boiler chemicals and systems in emerging markets such as Brazil, China, Malaysia, India, and Indonesia.
Asia-Pacific is having the biggest share of the global industrial wastewater treatment chemicals market over the forecast period.
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Asia-Pacific is having the biggest share of the global industrial wastewater treatment chemicals market over the forecast period. This is mostly owing to fast-developing economies such as India, Japan, and South Korea, in which water is utilized as an input or produced as a by-product by end-user industries such as energy, chemical, mining, and food processing. These industries need chemical treatment of input and output water, which encourages regional market growth. Furthermore, China dominates the Asia-Pacific water treatment chemicals market, owing to its fast-developing economy and end-user industries.
North America is predicted to grow fastest pace throughout the forecast period. The market's primary drivers include rising commercial and urban demand for wastewater treatment, as well as the requirement for safe potable water treatment owing to pollution. The Environmental Protection Agency (EPA) of the United States boosts demand for water-treatment chemicals by enacting potable water and wastewater legislation.
Major vendors in the global industrial wastewater treatment chemicals market include Veolia Environnement, Dow Chemical Company, DuPont de Nemours, Inc., Solvay S.A, Ecolab Inc., Evoqua Water Technologies, Trojan Technologies, Aquatech International Corporation, Xylem Inc., Danaher Corporation, BASF SE, Nalco-Ecolab, Kurita Water Industries, Ion Exchange, Thermax Limited, Siemens AG, and Others.
Recent Developments
- In April 2024, Thermax, a global provider of energy and environmental solutions, announced the launch of a cutting-edge production unit in Pune for water and wastewater treatment systems.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global industrial wastewater treatment chemicals market based on the below-mentioned segments:
Global Industrial Wastewater Treatment Chemicals Market, By Type
- Coagulants & Flocculants
- Corrosion Inhibitors
- Scale Inhibitors
- Biocides & Disinfectants
Global Industrial Wastewater Treatment Chemicals Market, By Application
- Cooling & Boilers
- Water Desalination
- Raw Water Treatment
Global Industrial Wastewater Treatment Chemicals Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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