Key Players in the Market: Air Products & Chemicals Inc., Akzonobel N.V., Ashland Inc., BASF SE, Buckman Laboratories International Inc., Bwa Water Additives Uk Limited, Carus Corporation, Chemtreat Inc., Cortec Corporation.
(PRWEB) September 12, 2014
The report "Water Treatment Chemicals Market By Type (Coagulants & Flocculants, Corrosion Inhibitor, Scale Inhibitors, Biocides, Chelating Agents, Anti-foaming Agents, pH Adjusters & Others) & Application (Industrial & Municipal) - Global Trends & Forecasts to 2018", defines and segments the global water treatment chemicals market with analysis and forecasting of the global revenue and consumption. The water treatment chemicals market consumption will grow from an estimated 12.8 billion lbs in 2013 to 15.3 billion lbs by 2018, with a CAGR of 3.5% from 2013 to 2018.
Browse more than 87 market data tables with 59 figures spread through 280 pages and in-depth TOC on "Water Treatment Chemicals Market".
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Increasing concern over the environmental impact of chemicals has led to stringent regulatory constraints for water treatment chemical manufacturers. Currently, the manufacturers of water treatment chemicals are encouraged to opt for green alternatives. However, these manufacturers find it difficult to replace the standard formulations with green alternatives as developing these more environment-friendly chemistries is a real challenge, since these chemicals have to also perform under more extreme conditions. To allow for increased recycling and reuse of water, the water treatment chemicals need to be more robust.
However, more robust chemistry has traditionally been less environment-friendly. For example, industrial plants are generally running at higher temperatures and flow rates,and contain difficult toxins such as the pathogens that cause Legionnaire’s disease, which need robust water treatment chemicals.
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The global water treatment chemicals market is fragmented and regions such as North America and Europe are in the matured stage. However, the Asia-Pacific market shows huge growth potential in this market. The rising industrial growth and high demand for clean water are the key drivers in this region. The top companies in the water treatment chemicals business include Ecolab-Nalco Company (U.S.); Ashland Inc. (U.S.); Kurita Water Industries (Japan); Lonza Group (Switzerland); AkzoNobel N.V. (The Netherlands), and BASF SE (Germany). The water treatment chemicals industry is going through consolidation activities and inorganic expansion was the preferred growth strategy adopted by the leading players.
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The report identifies various types of water treatment chemicals consumption along with their respective market shares. Coagulants & flocculants are identified as the key chemicals in terms of consumption. However, corrosion and scale inhibitors together represent the highest value share of the market. Biocides and disinfectants are gaining importance in developed nations specifically as a reverse osmosis chemical.
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Biocides Market by Type (Halogen Compounds, Metallic Compounds, Organosulfurs, Organic Acid, Phenolics), Application (Personal Care, Water Treatment, Wood Preservation, Food & Beverages, Paints & Coatings) - Global Trends & Forecasts to 2018
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