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Industrial Wastewater Treatment Market worth $15.0 billion by 2024


(EnergyIndustry.Net, April 27, 2021 ) The report "Industrial Wastewater Treatment Market by Type (Coagulants, Flocculants, Biocides & Disinfectants), End-Use Industry (Power Generation, Mining, Chemical) and Region (APAC, Europe, North America, MEA, South America) - Global Forecast to 2024", is expected to grow from USD 11.3 billion in 2019 to USD 15.0 billion by 2024, at a CAGR of 5.8%. The major factors driving the industrial wastewater treatment market include depleting freshwater resources and stringent regulations pertaining to emission and treatment of industrial waste.

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The coagulants segment is projected to register the highest CAGR in the industrial wastewater treatment market during the forecast period

Based on type, the water clarifiers market is segmented into coagulants, flocculants, corrosion inhibitors, scale inhibitors, biocides & disinfectants, anti-foaming agents, pH stabilizers, chelating agents, and others. The coagulants segment is expected to register the highest growth rate in the global industrial wastewater treatment market during the forecast period. Coagulants are the most essential chemicals used in wastewater treatment. Almost all the industries need coagulants for the water clarification process. Moreover, the inorganic coagulants have low cost and are widely available across the globe.

The power generation segment is projected to lead the industrial wastewater treatment market during the forecast period.

Among these end-use industries, power generation is the largest and fastest-growing segment of the industrial wastewater treatment market. As the standards and norms for discharging wastewater are becoming more stringent, the demand for wastewater treatment chemicals in the power generation industry is increasing rapidly. Besides environmental benefits, the zero liquid discharge (ZLD) system plays a major role in enhancing wastewater treatment chemical consumption. ZLD has become a statutory norm in power plant; as a result, wastewater recycling provides more options for site selection and reduces the amount of makeup water, and it also eliminates the costs related to sewer disposal. These factors are driving the demand for industrial wastewater treatment in the power generation industry during the forecast period.

Don't miss out on business opportunities in Industrial Wastewater Treatment Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Industrial Wastewater Treatment Market”
76 - Market Data Tables
32 - Figures
157 - Pages

North America is projected to be the largest industrial wastewater treatment market during the forecast period.

North America is projected to be the largest market for industrial wastewater treatment. This growth is mainly driven by the huge demand for industrial wastewater treatment in the US and Canada. The stringent water purification regulations drive the consumption of wastewater treatment chemicals in these countries. Moreover, the presence of a large industrial infrastructure for power generation, oil & gas, mining, chemical, and pulp & paper industries in the US drives the demand for industrial wastewater treatment in this region.

The key players in the industrial wastewater treatment market include Ecolab (US), Suez (France), Kemira OYJ (Finland), SNF Floerger (France), Solenis (US), Feralco Group (Sweden), IXOM (Australia), Hydrite Chemical Co. (US), Kurita Water Industries Ltd. (Japan), and Aries Chemical (US). These players have established a strong foothold in the market by adopting strategies such as merger & acquisition, investment & expansion, and new product launch.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com

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