Global Water and Wastewater Treatment Chemicals (WWTCs) Market 2017-2021
About Water and Wastewater Treatment Chemicals (WWTCs)
Water and waste water treatment chemicals (WWTCs) are used to eliminate impurities or suspended substances from contaminated water. These chemicals make the contaminated water fit for industrial or domestic uses. WWTCs are used for purifying municipal drinking water, industrial waste water, and production waste water, making the treated water reusable in different applications. These chemicals are also used for purifying sea water and ground water. The choice of chemicals primarily depends on the cost and the end outcome.
Technavio’s analysts forecast the global water and wastewater treatment chemicals (WWTCs) market to grow at a CAGR of 6.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global water and wastewater treatment chemicals (WWTCs) market for 2017-2021. To calculate the market size, the report considers revenue generated from the sales of WWTCs of various types across different segments.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Water and Wastewater Treatment Chemicals (WWTCs) Market 2017-2021
Technavio recognizes the following companies as the key players in the global water and wastewater treatment chemicals (WWTCs) market: Akzo Nobel, Arkema, GE Water and Process Technologies, Kemira, and Kurita Water Industries.
Other Prominent Vendors in the market are: Accepta, Anco India Chemicals, Aries Chemical, BWA WATER ADDITIVES, ChemTreat, Chembond Chemicals, Carus Group, Era Hydro- Biotech Energy, Hydrite Chemical, ION EXCHANGE, METITO, Midsouth Chemical, Sicagen, Synwater, Thermax Global, and VASU Chemicals.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising industrial adoption of zero liquid discharge (ZLD). Zero liquid discharge (ZLD) is a wastewater management strategy that eliminates any liquid waste coming out of a plant with the majority of water being recovered for reuse. Increasing urbanization and industrialization are reasons for the high amount of stress on the environment, including the world’s freshwater resources.”
According to the report, one driver in the market is scarcity of water leading to increasing use of WWTCs. The decline in the level of water and water quality because of the threatening water crisis across many countries is promoting WWTCs companies to invest in alternative water treatment methods. As a result, the opportunities for suppliers within the WWTCs market is expected to increase. The government of various emerging countries such as India, China, South Africa, and others has been encouraging the use of industrial wastewater treatment and waste water reuse by imposing penalties on noncompliance and rolling out incentives for the reuse of water.
Further, the report states that one challenge in the market is availability of skilled workforce in treatment plants. WWT plants require skilled workforce who should be adequately trained and certified individuals. They are responsible for overseeing all activities from pipe leaks and valves to electrical and instrumentation equipment. This work becomes especially demanding with changes in influent and seasonal changes. Treatment plants should maintain skilled labor to control water quality regularly and optimize water treatment processes. These treatment plants are generally maintained by skilled labor to control water quality and optimize processes regularly.
Akzo Nobel, Arkema, GE Water and Process Technologies, Kemira, Kurita Water Industries, Accepta, Anco India Chemicals, Aries Chemical, BWA WATER ADDITIVES, ChemTreat, Chembond Chemicals, Carus Group, Era Hydro- Biotech Energy, Hydrite Chemical, ION EXCHANGE, METITO, Midsouth Chemical, Sicagen, Synwater, Thermax Global, and VASU Chemicals.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook