Municipal and Industrial Demand to Aid APAC Water and Wastewater Treatment Chemicals Market through 2027
Growing
demand for water from industrial sector and increasing number of commercial and
residential construction projects to drive Asia-Pacific water and wastewater
treatment chemicals market through 2027
According
to TechSci Research report, “Asia-Pacific Water and Wastewater Treatment Chemicals Market By Application, By Type, By Country, Competition Forecast &
Opportunities, 2013 – 2027’’, water and wastewater treatment
chemicals market in the region is forecast to reach $ 12.8 billion by 2027. Rapid
urbanization and huge demand for water from the agriculture sector for
irrigation purposes coupled with increasing application of water and wastewater
treatment chemicals in municipal, industrial and power sectors is expected to fuel
the market in the coming years. Technological developments and growing number
of commercial and residential construction projects are among the other key
factors that are expected to aid Asia-Pacific water and wastewater treatment
chemicals market during forecast period.
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Backed
by greater efficiency in removing phosphorous impurities in overloaded
municipal and industrial wastewater treatment plants, coagulants &
flocculants dominated the Asia-Pacific water and wastewater treatment chemicals
market in 2017 and the segment is expected to maintain its dominance through
2027. Rising demand for fresh water across the region is anticipated to fuel the
wastewater treatment chemicals market, predominantly in municipal and
industrial water treatment facilities. Some of the major manufacturers of water
and wastewater treatment chemicals are Ecolab Asia Pacific Pte.
Ltd., SUEZ ENVIRONNEMENT China, Kemira (Asia) Co., Ltd., and Kurita Water
Industries Ltd.
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“China
is the largest consumer of water and wastewater treatment chemicals in the Asia-Pacific
region, as the country is witnessing continuing progress in treating sewage and
industrial wastewater. It is estimated that about two-third of the underground
water in China and approximately one-third of its surface water is not suitable
for human consumption. Rapid industrialization coupled with increasing spending
on the improvement of water and sewerage infrastructure is expected to catalyze
the demand for water and wastewater treatment chemicals across the country in
the years to come.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Asia-Pacific
Water and Wastewater Treatment Chemicals Market By Application, By Type, By
Region, Competition Forecast & Opportunities, 2013 – 2027” has
evaluated the future growth potential of the Asia-Pacific water and wastewater
treatment chemicals market and provides statistics and information on market
size, structure and trends. The report intends to provide cutting-edge 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 Asia-Pacific water and
wastewater treatment chemicals market.
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