Scarcity of Freshwater Resources to Fuel MEA Water and Wastewater Treatment Chemicals Market to $ 2.9 billion by 2027
Proactive
implementation of stringent environmental norms in response to aggravating
water pollution and scarcity to drive Middle East & Africa water and
wastewater treatment chemicals market through 2027
According
to TechSci Research report, “Middle East & Africa Water and WastewaterTreatment 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 $ 2.9 billion by
2027. Water contamination is
increasing at an alarming rate, degrading the quality of potable water in the
region. Moreover, demand for fresh
and clean water is growing at a rapid pace in Middle East & Africa. To
address this issue, stringent government policies are being implemented to make
use of wastewater by recycling and reusing it to meet the challenge of growing
water demand, which is expected to continue boosting boost the region’s water
and wastewater treatment chemicals market in the region during forecast
period.
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Saudi
Arabia dominated the region’s water and wastewater treatment chemicals market in
2017 and is expected to maintain its market dominance during forecast period,
on the back of increasing number of oil refinery setups and pharmaceutical and
food & beverage plants that demand high-quality water for cooling as well
as processing of products. By type, corrosion
& scale inhibitors segment leads the market. The deteriorating water
quality is necessitating the adoption of pH adjusters & softeners to
maintain optimum pH levels of water for drinking purposes and other household
usage.
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“Increasing
number of government initiatives to fuel wastewater treatment and strong growth
in commercial and residential construction projects would provide lucrative
opportunities for players operating in the water and wastewater treatment
chemicals market. Rapid industrialization coupled with adoption of advanced
membrane technologies and increasing spending on the improvement of water and
sewerage infrastructure is expected to positively influence the region’s water and
wastewater treatment chemicals market in the coming years.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Middle East
& Africa 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 Middle East & Africa 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 analyzes the
emerging trends along with essential drivers, challenges and opportunities in Middle
East & Africa water and wastewater treatment chemicals market.
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