South America Membrane Water Treatment Chemicals Market - Segmentation by Technology, Chemical, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)
The South America membrane water treatment chemicals market is expected to grow at a significant rate during the forecast period, 2018 - 2023. The major factors promoting the demand of membrane water treatment chemicals market are, increasing demand for fresh water in countries with scant resources, which are trying to harness fresh water from saline water.
Demand for Fresh Water on the Rise
The demand for the water in South America is growing at a fast pace owing to increasing population, higher standards of living and increasing growth in emerging economies. In addition, 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 an associated research focus on resource recovery. These factors, in turn, are projected to boost the market in the region through the forecast period.
Reverse Osmosis – The Fastest Growing Technology
Wastewater treatment demand in the South American region is mainly due to the coal, steel, and iron industries, which require fresh water for their daily activities. Reverse osmosis technology in Chile is expected to increase, due to the growing government regulations and rising fresh water prices. There has been a growing demand for reverse osmosis technology in South America due to the rising government regulations. South American countries have enacted regulations on water use and water discharge to improve the region’s precious water resource. Recently, the government has tightened the rules for coal and chemical plants to adapt zero-liquid discharge (ZLD). These regulations are forcing industrial plants to implement the reverse osmosis technology, which can purify up to 90% of the wastewater produced.
Chile to Lead the Market Growth
Chile is projected to grow significantly during the forecast period due to the adoption of strict environmental regulations. Owing to the rising demand for fresh water will augment the membrane water treatment chemicals market predominantly in municipal and industrial water treatment facilities. Membrane bioreactor, reverse osmosis, micro, ultra, and Nano filtration are the widely accepted membrane technologies globally, for purifying water. Therefore, rising demand for fresh water will drive the market in the forecast period.
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September 2017: Avista Technologies re-evaluated plant systems to optimize membrane performance
March 2017: Suez bought GE water treatment unit
Major Players: Kurita Water Industries Ltd., Ecolab Inc., Kemira Oyj, Suez, and Veolia Water Solutions and Technologies, among others.
Reasons to Purchase this 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 dominating technology in the market
To identify, which country is expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
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