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.
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.
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.
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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