Brazil Water Treatment Chemicals Market - Segmented by Product, and Application - Growth, Trends, and Forecast (2018 - 2023)
The Brazil water treatment chemicals market is expected to witness a CAGR of approximately 5.8% during the forecast period (2018 - 2023). The major factor driving the water treatment chemicals market in Brazil is the increasing demand for reliable industrial wastewater treatment solutions.
Increasing Demand for Reliable Industrial Wastewater Treatment Solutions
Industrial growth in Brazil has led to stringent regulatory reforms in the wastewater management. The growth in the food & beverages, plastics, and chemicals manufacturing industries, coupled with adverse climatic conditions, has led to the outburst of reliable wastewater management in the country. Agriculture contributes significantly to the overall GDP of the country. However, the adverse climatic conditions, such as saline intrusion, reduced rainfall, high evaporation rates, increased flooding, and improper effluent management, have paved a way for efficient water management. This has led to the large-scale renovation of the wastewater treatment facilities, to provide reliable and efficient irrigation lines to sustain the growth and revenue of the country’s agricultural sector. Therefore, the increasing demand for reliable industrial wastewater treatment solutions is expected to drive the market during the forecast period.
Municipal End-user Segment to Dominate the Market
The major processes for water treatment in the municipal sector include preliminary treatment, primary and secondary treatment, tertiary treatment, biological nutrient removal (BNR), resource recovery, and energy generation, among others. The majority of the natural water resources in the country have already reached their allocation limits and in order to meet the rising need for water, the industry requires innovation and economic valuation of water in addition to cooperation across sectors. Therefore, the municipal end-user segment is expected to have the highest demand for water treatment chemicals during the forecast period.
Key Developments in the Market
March 2017: SUEZ, together with CDPQ, acquired GE Water, becoming a major player in the industrial water services market.
Major Players: BASF SE, Nalco Water Brazil (An Ecolab Co.), Suez, and Buckman Laboratories International Inc., among others.
Reason to Purchase this Report
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product and application used in the market
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
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