water and wastewater treatment chemicals Market

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Global Water and Wastewater Treatment Chemicals Consumption Market, 2016 - 2026 Among applications, cooling water treatment is expected to hold the largest revenue share of the global water and wastewater treatment chemicals market in 2016. High usage of cooling water during the manufacturing process is a key reason contributing to high demand for water treatment chemicals for this segment. From product type perspective, corrosion & scale inhibitor accounted for major shares in the overall market in 2015, followed by coagulant & flocculants, and biocide respectively. Corrosion & scale inhibitor segment is forecast to expand at the fastest CAGR of 4.6% in terms of value over the forecast period of 2016-2026. The segment is also expected to create an incremental $ opportunity of US$ 6.4 Bn between 2016 and 2026. In order to prevent process pipelines from corrosion and scaling, thereby increasing their lifetime and process efficiency, corrosion & scale inhibitors are frequently used in various manufacturing industries in high volumes. From the end-use perspective, oil & gas, power, and mining segments accounted for significant market shares in 2015. High wastewater generation has led to proportionately high consumption of water treatment chemicals in these industries. Oil & gas, power, and mining end user combined, are expected to represent more than half of the total incremental opportunity created in the global water and wastewater treatment chemicals market between 2016 and 2026. On regional basis, Asia Pacific excluding Japan (APEJ) is expected to be the leading consumer of water & wastewater treatment chemicals in 2016, followed by North America & Western Europe. Markets in North America and Western Europe are expected to account for a collective share of approximately 50% in the global water and wastewater treatment chemicals market. Markets in the developing economies of APEJ, Latin America and Middle East & Africa (MEA) are forecast to create an incremental opportunity of US$ 6.1 Bn collectively between 2016 and 2026. Major players identified in global water and wastewater treatment chemicals market are Kemira Oyj, GE Water & Process Technologies, BASF-SE, Ion Exchange (I) Pvt. Ltd., Thermax Ltd., Dorf Ketal, SNF Floerger, Chembond India Ltd. and Vasu Chemicals. About Us Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. Persistence Market Research 4
Global Water and Wastewater Treatment Chemicals Consumption Market, 2016 - 2026 To support companies in overcoming complex business challenges, we follow a multidisciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. Contact Persistence Market Research 305 Broadway 7th Floor, New York City, NY 10007, United States, USA - Canada Toll Free: 800-961-0353 Email: sales@persistencemarketresearch.com media@persistencemarketresearch.com Web: http://www.persistencemarketresearch.com Persistence Market Research 5
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