The global industrial sludge treatment chemicals market is expected to experience notable growth in the coming years. The growing need for industrial sludge disposal treatments is driving the growth of the market. Flocculant Types sub-segment, Dehydration and drying treatment sub-segment, Personal care and chemical sub-segment and Primary treatment sub-segment are expected to dominate the market. The Asia-Pacific region market is expected to experience strong growth.
New York, USA, June 30, 2021 (GLOBE NEWSWIRE) – Research Dive added a report on the global industrial sludge treatment chemicals market to its repository. The report says the market is expected to reach $ 7,727.7 million and grow up with a CAGR of 5.9% from 2019 to 2026. The report is an in-depth study presenting an in-depth examination of the current scenario and future prospects of the global market. The report is compiled by seasoned market analysts and guarantees to be a reliable source of data, recent trends and comprehensive market information for new entrants, investors, existing market players, stakeholders, shareholders. , etc.
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Factors Affecting Market Growth:
The growing need for industrial sludge treatment chemicals and the rapid increase in the number of end users due to industrial development are propelling the growth of the global industrial sludge treatment chemicals market. Moreover, increasing practices of processing sludge into agricultural fertilizer is expected to open rewarding opportunities for market growth during the forecast period. However, the huge investments involved in the water treatment methods and the advancement of the wastewater treatment techniques to reduce the wastewater by some companies, which reduces the sludge production, are expected to hamper the growth of the global market.
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The report segments the global industrial sludge treatment chemicals market on the basis of type, sludge type, process treatment, end use, and region.
Flocculant Types sub-segment to experience remarkable growth
The Flocculants sub-segment of the Typical Segment grossed $ 996.6 million in 2018 and is expected to rake in $ 2,399.5 million during the forecast period. This growth is mainly due to the intensive use of flocculants in the process of isolation treatment of insoluble pollutants.
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Primary treatment sub-segment to observe exceptional growth
The primary treatment sub-segment of the sludge type segment is expected to experience exceptional growth to reach $ 1,669.1 million during the forecast period. This growth is mainly due to the fact that the primary treatment removes the maximum of pollutants such as heavy metals, organic phosphorus and some organic nitrogen.
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Dehydration and drying treatment sub-segment to capture major market share
The dewatering and drying processing sub-segment of the process processing segment is expected to capture the major market share and reap $ 1,700.1 million during the estimated period. This growth is mainly attributed to the increasing use of dehydration and drying in the chemical and food and beverage industries.
Personal Care and Chemicals Sub-Segment to See Outstanding Growth
The personal care and chemicals sub-segment of the end-use segment is expected to see notable growth during the estimated period. This growth is mainly attributed to the growing number of chemical production plants that generate large amounts of wastewater, which directly stimulates the use of sludge treatment chemicals.
Asia-Pacific region to see rapid growth
The report analyzes the global industrial sludge treatment chemicals market across various regions including North America, Europe, Asia-Pacific, and LAMEA. Among these, the Asia-Pacific region market is expected to grow rapidly to reach $ 2,287.4 million during the estimated period. The growth of this regional market is mainly due to the increasing number of production and manufacturing industries in the region generating large amounts of sludge.
Main market players:
• The chemical company Dow
• Accepta water treatment
• Kamira OYJ
• Kurita Water Industries Ltd.
• BASF SE
• Amcon Inc.
• Ecolab incorporated
• GE Water & Process Technologies
• Hubbard Hall Inc.
• Beckart environment
• Ovivo inc.
For example, in July 2019, the Municipality of Dubai in the United Arab Emirates (UAE) launched a new industrial wastewater treatment unit, which can then be reused for irrigation.
The report summarizes various aspects of all major players operating in the market such as financial performance, recent strategic moves and developments, product portfolio, and SWOT analysis. Click here for a summary report on Top Business Development Strategies
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