GE Water Leading $3.8 Billion US Water & Wastewater Treatment Chemicals Market
Increasing
urbanization, rapid industrialization and stringent regulatory policies to
steer the US water & wastewater treatment chemicals market
According to TechSci Research
report, “United States Water & Wastewater
Treatment Chemicals Market, By Type, By End Use Industry,
Competition Forecast & Opportunities, 2012 – 2026”, water & wastewater
treatment chemicals market in the US was recorded at $3.8 billion in 2016 which
forecast to cross $5 Billion by 2026. Robust growth of industries,
favorable government regulations and rising urbanization are boosting demand
for water & wastewater treatment chemicals in the country. United States Environmental
Protection Agency (USEPA) has laid down strict regulations regarding the discharge
of wastewater by the industries into the local water bodies in the country.
Consequently, fast growing conventional oil industry of the country, with the
recorded oil production output of over 8.6 million barrels per day in 2014, is augmenting
demand for water & wastewater treatment chemicals in the United States.
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11 market data Tables and 30 Figures spread through 96 Pages and an
in-depth TOC on "United States Water & Wastewater Treatment
Chemicals"
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Growing need for water recycling and reuse for non-drinking
applications by various end use industries is the primary driving force for the
water & wastewater treatment chemicals market in the US. The treatment of wastewater
released by various industries and municipal sewage treatment accounts for a
substantial share in the country’s water & wastewater treatment chemicals consumption.
In addition to increasing levels of water & wastewater treatment chemicals
being used in various traditional industries such as oil & gas, chemical,
paper & pulp, chemical and mining & mineral processing, demand for
these chemicals is witnessing robust increase in oil & gas extraction,
especially in shale gas exploration activities.
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“United States water &
wastewater treatment chemicals market is dominated by the country’s south
region due to presence of major power plants coupled with increasing oil
refining activities in the south region. Though the region is expected to
continue its dominance, the country’s water and wastewater treatment chemicals
market is expected to witness fastest growth from the west region over the
course of next five years.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“United
States Water & Wastewater Treatment Chemicals Market, By Type, By End Use
Industry, Competition Forecast & Opportunities, 2012 – 2026” has evaluated the future
growth potential of United States water & wastewater treatment chemicals market
and provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India water
& wastewater treatment chemicals market.
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