Municipal Water and Wastewater Treatment Chemicals Market in CEE 2017-2021
About Municipal Water and Wastewater Treatment Chemicals
Water treatment or purification is the process of removing unwanted chemicals, materials, and biological contaminants from raw water. The objective of water treatment is to provide water that is fit for consumption. Most of the water goes through the purification process for human consumption (drinking water, 56%). Water is also treated according to the requirements of pharmacology, chemical, medical, and industrial applications.Technavio’s analysts forecast the municipal water and wastewater treatment chemicals market in CEE to grow at a CAGR of 7.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the municipal water and wastewater treatment chemicals market in CEE for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Municipal Water and Wastewater Treatment Chemicals Market in CEE 2017-2021
Technavio recognizes the following companies as the key players in the municipal water and wastewater treatment chemicals market in CEE: AkzoNobel, BASF, Kemira, SNF Group, and Solenis.
Other Prominent Vendors in the market are: Donau Chemie, Feralco, PCC Rokita, and Sachtleben Chemie.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing awareness for water and energy savings. Growing population and urbanization, though very generic terms, are the driving factors for water consumption and rise in wastewater. Therefore, the need for water and wastewater treatment and the use of municipal water and wastewater treatment chemicals have been increasing.”
According to the report, one driver in the market is legislative pressure prevents exploitation of environment. The European Union has specific quality standards, and there is still room for improvement. To meet these standards additional treatment and chemicals are required. There are directives that are followed regarding environmental quality standards. For example, the Directive 2000/60/EC defines substances that are present in surface water in terms of priority pollutants. These substances include certain metals and their compounds like lead, mercury, and nickel, as well as organic compounds such as benzene, polyaromatic hydrocarbons, and pesticides. Out of these, 21 substances are prioritized as hazardous.
Further, the report states that one challenge in the market is high switching cost among products. The selection of a particular water treatment product is mainly dependent on the technology being used in water and wastewater treatment plants. These technologies may be adopted a long time back but still highly influences the decision of product selection especially in CEE. In water and sewage treatment plants, where the profit margins are low, any attempt to switch to a new product requires additional financial aid. Therefore, the products dominating the market have been incorporating the same chemicals, which have significantly slowed down the development of the water treatment chemicals market.
AkzoNobel, BASF, Kemira, SNF Group, Solenis, Donau Chemie, Feralco, PCC Rokita, and Sachtleben Chemie.