[147 Pages Report] on Water Treatment
Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors,
Scale Inhibitors, Biocides & Disinfectants), End user (Municipal, Power
,Oil & Gas, Mining), and Region - Global Forecast to 2027", is
projected to reach USD 75.8 billion by 2027, at a CAGR of 6.0% during the
forecast period
The main objective of
this study is to define, describe, and forecast the water treatment chemicals
market based on type, end user, and region. The report includes detailed
information about the major factors such as drivers, restraints, opportunities,
and industry-specific challenges influencing the growth of the water treatment
chemicals market. The report strategically analyzes the market segments with
respect to individual growth trends, growth prospects, and contribution to the
total market. In the report, the water treatment chemicals market has been
studied for North America, Europe, Asia-Pacific, the Middle East & Africa,
and Central & South America.
Expansions are
among the key strategies adopted by the major players to strengthen their
position in the water treatment chemicals market. This strategy accounted for a
share of 40.5% of the total growth strategies adopted by the leading market
players between January 2013 and August 2017. Companies operating in the water
treatment chemicals market adopted the strategy of acquisitions to expand their
regional presence. This strategy accounted for a share of 33.3% of the total
growth strategies adopted by the players between January 2013 and August 2017.
The strategy of new product launches accounted for a share of 14.3% of the
total growth strategies adopted by the market players between January 2013 and
August 2017.
BASF SE (Germany),
which is one of the leading manufacturers of water treatment chemicals, adopted
the strategy of new product launches as its primary growth strategy. The
company provides water treatment chemicals through its performance products
business segment. BASF SE is strengthening its foothold in the water treatment
chemicals market by launching new products in the market. For instance, in
2016, the company launched Sokalan AF-X at the Water, Energy, Technology, and
Environment Exhibition (WETEX) - 2016 held in Dubai. Sokalan AF-X is a
water-soluble and readily biodegradable antifoam used in the thermal
desalination processes. The launch of this product helped the company enhance
its position in the water treatment chemicals market. In 2014, BASF SE launched
ultra-high molecular weight cationic powder flocculant with Zetag ULTRA for
solid/liquid separation in industrial and municipal wastewater treatment
plants. The launch of this product helped the company strengthen its position
in water treatment chemicals market.
Ecolab Inc. (US) is
also one of the major manufacturers of water treatment chemicals. The company
has developed a strong client base by expanding its distribution networks to
serve its customers efficiently and offer its customized products in the
European, North American, and Asia-Pacific regions. The company provides water
treatment chemicals through its global industrial business segment, which
accounted for a share of 36.0% of the total revenue of the company in 2016. It
is focusing on strengthening its position in the market by adopting various
inorganic growth strategies. In July 2016, the company acquired Aquatech
International (US), which offers water purification technologies for the
industrial and infrastructure sectors. The acquisition enabled Ecolab Inc. to
strengthen its position in the water treatment chemicals market.
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Interesting blog. Nice to read something like this. Its great.
ReplyDeleteEco friendly Cleaning Products
Very informative post. Every findings about the possibility of the Water Treatment Chemicals Market are well defined and described. It is true that the Water Treatment Chemicals Market is in the path of a huge growth. As someone working with a Water Treatment Chemicals Manufacturer company, I can assure that manufacturer companies are expecting a great growth in upcoming years. Keep posting informative articles and studies.
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