India Water Treatment Chemicals Market to be dominated by coagulants & flocculants segment through 2028
Initiatives taken by government to promote the
use of water treatment chemicals are the major drivers for the India Water
Treatment Chemicals Market.
According to TechSci Research report, “India
Water Treatment Chemicals Market –Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2018-2028”, the India
Water Treatment Chemicals Market is anticipated to register a high CAGR during
the forecast period. This can be ascribed to collaborations and partnerships
among leading companies with a diverse approach to merge the expertise of
individual companies and to strengthen their position in the market.
The extraction of oil and gas results in the
production of large volumes of water known as produced water. This water is
often contaminated with various impurities, hydrocarbons, and chemicals used in
the extraction process. Effective treatment of produced water is vital to meet
environmental regulations and ensure its safe disposal or reuse. Water
treatment chemicals such as demulsifiers, scale inhibitors, and corrosion
inhibitors are essential for removing impurities, separating oil from water,
and maintaining the integrity of production equipment. In addition,
unconventional oil and gas extraction methods like hydraulic fracturing
(fracking), water-based fracturing fluids are used to create fractures in the
rock formations to release hydrocarbons. The treatment and recycling of
fracturing fluids are critical for efficient operations and minimizing
freshwater consumption.
Browse over XX market data Figures and spread through 110 Pages and an in-depth TOC on "India Water Treatment Chemicals Market”
Water treatment chemicals, including biocides, scale
inhibitors, and friction reducers, are employed to maintain the quality of
fracturing fluids, prevent bacterial growth, control scaling, and improve fluid
flow properties. For instance, Solvay introduced TOLCIDE PS a successful,
fast-acting and powerful microbiocide, that is designed to eliminate bacteria
from oilfield water flood operations or fracturing fluids in oil and gas
reservoirs. As the demand for effective water treatment solutions rises,
government initiatives have been pivotal in promoting the adoption of water
treatment chemicals. Under the National Action Plan on Climate Change, the NWM
focuses on sustainable water management and the conservation of water
resources. It emphasizes improving water quality through proper treatment,
thereby fostering the adoption of water treatment chemicals. The Namami Gange
program aims to rejuvenate the Ganga River and its tributaries.
As part of this
initiative, wastewater and industrial effluent treatment have gained
prominence, necessitating the use of water treatment chemicals to ensure
compliance with pollution control standards. The Smart Cities Mission includes
provisions for modernizing water supply and wastewater management systems. The
adoption of advanced treatment technologies and chemicals is essential to meet
the objectives of efficient water management in smart cities.
Moreover, government
regulations require industries to treat their effluents before discharge.
Compliance with stringent discharge standards encourages industries to invest
in effective water treatment chemicals and technologies. As industries and
urban centers expand, the demand for effective water treatment solutions is on
the rise.
The water treatment chemicals industry operates within a complex regulatory
environment aimed at ensuring water safety and environmental protection.
Collaborative efforts may involve navigating different regulatory frameworks,
approvals, and compliance standards. Kemira, a global water treatment chemical
company, has formed a joint venture and a strategic alliance with IVRCL in
India, which includes a supply agreement for water treatment chemicals. Gradiant
Corporation, specializing in innovative solutions for industrial wastewater
treatment, has secured four water recycling projects in India. Global Water
Technologies (GWT) a leading company focused on environmentally sustainable
wastewater treatment solutions, has announced a collaboration on algae-based
wastewater treatment technology. Moreover, Bodal Chemicals, a major
international chemicals company in India, has collaborated on the construction
of a brine treatment plant based on modern technology.
However, cost considerations and affordability coupled with strict compliance and standards are expected to slow down the growth of the market in the coming years.
The India Water Treatment Chemicals Market segmentation
is based on Type, End-User Industry, By Company, and Region.
Some of the major companies operating in the India
Water Treatment Chemicals Market include:
- BASF India Ltd.
- Dow Chemical
International Pvt. Ltd.
- Solvay
Specialities India Private Limited
- SNF India Pvt Ltd
- Thermax Limited
- Ion Exchange
(India) Limited
- Chembond
Chemicals Limited, India
- Pon Pure
Chemicals Group
- Mishitek
Chemicals
- Sicagen India Ltd.
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“Certain regions, particularly the Western
India, are projected to exert significant demand for water treatment chemicals in
India. The growth in the competitive landscape and the presence of
well-established companies in the market, committed to enhancing their water
treatment chemicals productivity each year, are expected to contribute to a
remarkable growth of the India Water Treatment Chemicals Market in the forecast
period," said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based Global management consulting firm.
India Water Treatment Chemicals Market, By Type (Coagulants &
Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides &
Disinfectants, Chelating Agents, Others), By End User Industry (Municipal,
Power, Oil & Gas, Mining, Chemical, Food & Beverage, Pulp & Paper,
Others), By Region, Competition, Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of India
Water Treatment Chemicals Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
innovative market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in India Water
Treatment Chemicals Market.
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