Europe Water and Wastewater Treatment Chemicals Market to Reach $ 9 Billion by 2027
Growing
government initiatives to fuel wastewater treatment and increasing demand for
water from industrial applications to drive Europe water and wastewater
treatment chemicals market through 2027
According to TechSci Research, decreasing
water table and increasing awareness towards environment protection and human
health, in addition to adoption
of water and wastewater treatment technologies including Zero-Liquid Discharge,
seawater desalination and membrane technologies, is expected to result in strong
growth of Europe water and wastewater treatment chemicals market.
According
to TechSci Research report, “Europe 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 $ 9 billion by 2027, backed
by growing ground and surface water pollution. Moreover, huge demand for pure water in various
manufacturing and processing industries such as power & energy and
pharmaceuticals is expected to have a positive impact on the region’s water and
wastewater treatment chemicals market during forecast period.
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Ecolab Europe GmbH, Kurita Europe GmbH, BASF SE, Kemira
Oyj, SUEZ SA and Solenis Switzerland GmbH are some of the major players in the
market. Coagulants & flocculants segment dominates Europe
water and wastewater treatment chemicals market, owing to their higher
efficiency in removing phosphorous impurities in overloaded municipal and
industrial wastewater treatment plants. Scarcity of freshwater resources across
Europe is expected to fuel the demand for wastewater treatment chemicals market,
predominantly in municipal and industrial water treatment facilities.
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“Owing to rising groundwater pollution by radioactive compounds and soil
leaching in Germany, the country accounted for the largest share in Europe water
and wastewater treatment chemicals market in 2017. Germany uses almost one-fourth
of its available water resources, of which close to 4% is used just for human
consumption. To meet the highest standards set by the European Union, the
country is working to treat nearly all the wastewater, thereby boosting demand
for water and wastewater treatment chemicals in the coming years.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Europe Water
and Wastewater Treatment Chemicals Market By Application, By Type, By Country,
Competition Forecast & Opportunities, 2013 – 2027” has
evaluated the future growth potential of the Europe water and 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
decisions. Besides, the report also identifies and analyses the emerging trends
along with essential drivers, challenges and opportunities in the Europe water
and wastewater treatment chemicals market.
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