Water treatment is the process of removal of
water contaminants from water which then becomes fit for its desired end-use
such as drinking, industry and medicinal purposes. During the purification
process, there is an increasing tendency of rust formation, microbial growth
and foam build-up. Usage of water treatment additives is necessary to achieve
an optimised water treatment process. Water treatment
additives are used to treat drinking water, industrial wastewater and also
public utility waste water.
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The global water treatment
additives market is anticipated to grow at a CAGR of 5.9% by 2020 to reach
$35.2 billion. Asia-Pacific (APAC) region holds major share with 35% of global
water treatment additives market due to increasing urbanization. Industrial
wastewater treatment market is projected to grow at a faster pace compared to
other types of water treatment. The water treatment
additives market has been segmented into the type of additives being
used which include scale inhibitors, corrosion inhibitors,
oxygen scavengers, defoamers, biocides, organic polymers and others. Among all,
organic polymers occupies major share and is estimated to grow at a CAGR of
7.4% by 2020. Water treatment additives have wide range of applications in
pulp and paper industry, power industry, oil and gas industry, food and
beverage industry, water industry, wastewater industry, electronics, chemicals
and others. Water industry held major share in 2014 and is estimated to grow at
a CAGR of 9.2% by 2020. Electronics industry is anticipated to grow at a faster
pace with 16.8% CAGR by 2020 due to increasing demand for consumer electronics.
More Info on “Water Treatment Additives Market”
Lack of Fresh Water Resources with Rapid Industrialization in
Developing Countries Makes it Necessary to Treat Wastewater.
Industrialization is associated with rapid
technological changes and manufacturing activities. Since the last decade, the
developing countries are going through a phase of development in which
industrialization has been an integral part. This growth can be observed across
industries like power generation, chemicals, pulp & paper, electronics, and
others where water consumption is huge for manufacturing purposes. Developing countries
such as China, India, Mexico, Pakistan, Indonesia, Somalia and others havefresh
water scarcity. The reason behind the fresh water scarcity is the rise in
industrial activities, where wastewater is disposed directly into natural
resources. The governments of many countries have opposed this activity and
insisted to treat wastewater before disposal and this led to increase in the usage
of water treatment additives. Apart from the developing countries, the U.S.,
Germany and Canada are also considered as the emerging markets where industrial
activities are in the upward trend. China, India and Mexico are the key players
where water contamination due to industrial activities reached to an extent
where majority of the population do not have access to safe drinking water.
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APAC region is the key market for water
treatment additives. In the APAC region,
China and India are considered as the major players. The European market is
relatively smaller as compared to the APAC; however, it is growing rapidly as
well with a higher growth rate.
In this report, the market has been segmented
by geography as America, Europe, APAC and RoW. Market size and forecast are
provided for each of these regions. A detailed qualitative analysis of the
factors responsible for driving and restraining growth of the water treatment
additives market and future opportunities are provided in the report.
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