Irving, TX -- (SBWire) -- 08/10/2016 --According to a new market report published by Lucintel, the future of the water treatment chemical market looks good with opportunities in the oil & gas, power generation, metal & mining, and food & beverages segments. The global water treatment chemical market is expected to reach an estimated $32.8 billion by 2021 with a CAGR of 3.4% from 2016 to 2021. The major drivers of growth for this market are improving water quality standard and increasing demand for clean water.
This report has 133 figures/charts and 39 tables spread through 215 pages
http://www.lucintel.com/water_treatment_chemicals_market_2016_2021.aspx
In this market, coagulants & flocculants, foam control, and scale inhibitors are the major product types. On the basis of its comprehensive research, Lucintel predicts that the demand for coagulants & flocculants water treatment chemical is likely to experience the highest growth in the forecast period supported by stringent regulations in water quality and growing demand for clean water.
Within the water treatment chemical market, the municipal segment is expected to remain as the largest market by value and volume. Depleting fresh water reserves and clean water demand in municipal applications which would spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest market due to rapid economic growth, growing population along with urbanization, and industrialization. Asia Pacific and the rest of the world are expected to witness good growth over the forecast period because of growing demand for water treatment chemical in oil and gas, power generation, and other end user sectors and growing awareness among manufacturers and consumers regarding the toxic effects of discharged and untreated wastewater in environment.
For business expansion, report suggests innovation and new product development to enhanced performance with low loading level of water treatment chemical and low environmental impact. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for the end user.
Emerging trends, which have a direct impact on the dynamics of the industry, include the municipal and industrial consumer's initiative towards the zero water discharge and long-term sustainable water treatment chemical. Nalco-Ecolab, Danaher (Chemtreat), Kemira, BASF SE, and Kurita Water Industries Ltd. are among the major suppliers of the water treatment chemical. Some companies are opting for M&A as a strategic initiative for driving growth.
The segments in the report are as follows:
By application [Volume (M lbs / Kilotons) and $M shipment analysis for 2010 – 2021]:
-Municipal
-Power Generation
-Pulp and Paper
-Oil and Gas
-Metal and Mining
-Food and Beverages
-Chemical Processing
-Others
By product type [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
-Coagulants and Flocculants
-Corrosion Inhibitors
-Scale Inhibitors
-Biocides
-pH Stabilizers
-Foam Control
-Others
By region [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:
-North America
-Europe
-Asia Pacific
-Rest of World
This report answers following 11 key questions:
Q.1: What are some of the potential, high-growth opportunities for global water treatment chemical market by applications (Municipal, Power Generation, Pulp and Paper, Oil and Gas, Metal and Mining, Food and Beverages, Chemical Processing, and Others) by product type (Coagulants and Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides, pH Stabilizers, Foam Control, and Others) and region (North America, Europe, APAC, and ROW)?
Q. 2. Which segments will grow at a faster pace and why?
Q.3: Which regions will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5: What are the business risks and threats to the market?
Q.6: What are emerging trends in this market and reasons behind them?
Q.7: What are some changing demands of customers in the market?
Q.8: What are the new developments in the market? Which companies are leading these developments?
Q.9: Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10: What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution
Q.11: What are M & A activities in the last 5 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?
Global Water Treatment Chemical Market Is Expected to Reach $32.8 Billion by 2021
Growth Opportunities for the Global Water Treatment Chemical Market 2016-2021: Trends, Forecast, and Opportunity Analysis