North America Membrane Water Treatment Chemicals Market - Segmentation by Technology, Chemical, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)
The North America membrane water treatment chemicals market is expected to grow at a significant rate during the forecast period of 2018 - 2023. The major factor promoting the demand for membrane water treatment chemicals market is the increasing demand for fresh water due to rapid urbanization.
Demand for Fresh Water on the Rise
The demand for the water in North America is growing at a fast pace owing to the increasing population, higher standards of living, and increasing growth in emerging economies. Also, the demand for water treatment resulted in an increased quantity of waste, improved technologies and smart water grid legislatures have been developed to process waste, such as concentrated industrial wastewater, brine from desalination, and sludge from municipal treatment plants, more as a resource, with associated research focus on resource recovery. These factors, in turn, are projected to boost the market in the region through the forecast period.
Food & Beverage Industry – The Fastest Growing Segment
It is essential for the food & beverage industry to maintain the hygiene standards, set by concerned federal agencies at all times so that the products are suitable for consumption. To ensure prevention of problems due to corrosion, fouling, and scaling, chemical treatments are regularly used on boiler water treatment equipment. Volatile corrosion inhibitors, antiscalants, and cleaning chemicals are added to the treatment system so that along with the water, the chemical is carried over into the pipes for protection against corrosion, scaling, fouling, etc. The quality of water being used in the plant is critical, and hence chemical treatments are performed to ensure adherence to set health standards. This, in turn, will increase the consumption of membrane water treatment chemicals.
United States to Lead the Market
The United States accounted for the largest market share of membrane water treatment chemicals in the region. Growing food & beverage industry (among other industries) coupled with the population growth in the United States are the driving factors for freshwater resources, which, in turn, are propelling the demand for membrane water treatment chemicals. Despite the environmental regulations in the United States being made more stringent in the recent years, these chemicals are experiencing an increase in demand due to their properties and applications. These factors are supporting the growth of the water treatment industry in the country which in turn is expected to provide a positive outlook for the membrane water treatment chemicals in the coming years.
September 2017: Avista Technologies to re-evaluate plant systems to optimize membrane performance.
March 2017: Suez to buy GE water treatment unit.
Major Players: Avista Technologies, Inc., Ecolab Inc., Kemira Oyj, Suez, Toray, and DowDupont, among others.
Reasons to Purchase the Report
To understand the impact of lack of fresh water resources on the market.
Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
To understand the dominating technology in the market.
To identify which country is expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
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