Increasing Water Pollution Boosting Demand for Water Treatment Chemicals


Posted September 10, 2020 by ManishBaghel

The global water treatment chemicals market stood at $48,938.1 million in 2019. The market is further expected to demonstrate a CAGR of 5.2% during the forecast period (2020–2030).
 
With rising urbanization and industrialization, water pollution is rapidly becoming a major area of concern for governments and regulatory authorities all over the world. Huge volumes of toxic wastes and pollutants generated from industrial activities are discharged into various rivers, lakes, and other freshwater reserves every year. Power plants and factories are the major generators of industrial wastes. Besides these, large volumes of toxic wastes produced from commercial facilities and residential buildings are also dumped into the water bodies regularly.

The discharge of such wastes into water bodies has made the water completely unfit for human consumption. As a result, the governments of various countries are rapidly enacting stringent regulations and policies that mandate the treatment of the wastewater generated from industries and residential and commercial settings before it is released into freshwater reserves. The implementation of these mandatory water treatment policies is pushing up the sales of water treatment chemicals across the world.

In developing countries such as Indonesia, Thailand, China, and India, the rapid economic progress has caused a sharp surge in construction activities and industrialization and also fueled the development of power plants and residential buildings in recent times. These activities and projects have resulted in the generation of hazardous wastes, which are usually dumped into the water bodies, thereby augmenting water pollution in these countries. This has, in turn, made water treatment a necessity in these countries.

Hence, with the growing requirement for water treatment in many countries, the demand for water treatment chemicals is also surging. This is, in turn, causing the expansion of the global water treatment chemicals market. Coagulants and flocculants, corrosion inhibitors, chelating agents, scale inhibitors, biocides and disinfectants, PH adjusters and stabilizers, oxygen scavengers, oxidants, and anti-foaming agents. Out of these, the sales of coagulants and flocculants were observed to considerably high in the past years.

This is because of the large-scale usage of these chemicals in various applications such as lime softening, water clarification, sludge dewatering and thickening, and solids removal. Based on application, the water treatment chemicals market is categorized into municipal water treatment, power generation, pulp and paper, chemical processing, metal and mining, food and beverages, construction, and oil and gas. Amongst these, the construction category will exhibit rapid advancement in the market in the upcoming years.

Geographically, the Asia-Pacific (APAC) water treatment chemicals market will register lucrative growth in the forthcoming years, as per the forecast of P&S Intelligence, a market research firm based in India. The market will be driven by the rising requirement for treated water in various industrial applications and the growing demand for potable water in the region, on account of the soaring population of the regional countries such as India and China.

Hence, it can be said with surety that the demand for water treatment chemicals will shoot-up all over the world in the upcoming years, primarily because of the rising water pollution in several countries due to the dumping of industrial wastes in water bodies such as rivers and lakes and the growing requirement for potable water and treated water around the world.
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Issued By Manish Kumar
Business Address Noida
Country India
Categories Business , News , Research
Tags water treatment chemicals , water treatment chemicals market , water treatment chemicals market demand , water treatment chemicals market future , water treatment chemicals market growth , water treatment chemicals market scope , water treatment chemicals market share , water treatment chemicals market size
Last Updated September 10, 2020