Water and waste-water treatment chemicals market by Size, Share, Demand & Trends by 2029

-

The chemical sector has always been exposed to boisterous competition development, which frequently translates to flutter developments in the industry – as a result of strategic realignments by market actors. Water and wastewater treatment chemicals market is no different, and a recent report in competition in global water and wastewater treatment chemicals market released by Future Market Insights (FMI) presents an elucidated view of the same.

The report titled ‘Global Water and Waste Water Treatment Chemicals Market – Competition Blueprint – 2019’ is second in line publication by the Ireland-based competition intelligence research firm FMI, which regularly tracks competition development in the chemical sector and provides a matrix based assessment of company ranking on multivariate parameters.

The competition blueprint report on Global Water and Waste Water Treatment Chemicals Market, identifies Ecolab Incorporated (including Nalco Holdings), Kurita, Berwind Corporation and Dorf Ketal in “Industry Titan’ category, whereas other prominent market actors such as, but not limited to CLIF, FMC Corporation, Kemira, Suez in dominator category.

Competition Blueprint is a four-dimensional matrix developed by FMI, which takes 15 parameters into consideration and classifies each parameter into three strategic indices i.e. Growth Lever Score Index, Portfolio Lever Score Index and Operational Efficiency Lever Index. Over 50 companies across the globe engaged in water & Wastewater Treatment Chemicals production have been evaluated and benchmarked on 15 pre-defined attributes.

For Critical Insights, Request for Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9510

A cumulative score of each company has been clubbed with the respective Market Share Index and a detailed matrix is developed.

It is interesting that companies that account for higher market share than their peers have not been able to fare good and rank among industry titans. Factors such as speed to market, response time to cater the request, capacity utilization rate, management leadership along with strategic priority alignment with water and wastewater treatment chemicals, limit the performance of such companies and despite being dominant, those companies are less likely to exhibit the best performance over the coming years.

Global water and wastewater treatment chemical market was valued at less than US$ 25 Bn in 2014; by 2019-end, market valuation is likely to reach US$ 30 Bn. The outlook on the market also remains positive, with market revenues likely to grow at over 4% annually in the next five years.

Water treatment chemicals find applications across a number of end-user industries where they are used to prevent corrosion and scaling of various equipment and utilities. With proper use of water wastewater treatment chemicals, the efficiency of utilities such as plastic & steel pipes, ooling tower and boilers can be increased significantly, which in turn, leads to enhanced production and higher energy efficiency.

High process efficiency, in turn, lowers operational costs, influencing manufacturers to use water & wastewater treatment chemicals extensively during the process. These chemicals help in the reliable operation of the overall water and wastewater treatment equipment infrastructure.

Stakeholders in the water and wastewater treatment chemical market are also exposed to their share of risks. Considering the long-term need to treat process water, various end-user industries are installing wastewater treatment equipment such as multiple effect evaporators for water treatment as opposed to water treatment chemicals.

Residue salt from these water treatment equipment can be sold in open markets, adding more value to the use of these equipment for process water treatment.

This brings the need for water and wastewater treatment chemicals producers to realign strategy as per market need. Companies failing to do so eventually stand in contender and laggard category in the competition matrix and viz.a.viz losing market footprint.

Key strategies adopted by market actors that have been highlighted in the report by FMI include industry-focused solution, acquiring segment specialist regional players, and spin-off.

Key Segments

By application

  • Industrial
  • Municipal

By technology

  • Tertiary treatment
  • Secondary treatment
  • Primary treatment

product type

  • Biological
  • Membrane Separation
  • Sludge
  • Disinfection
  • Others

Browse Full Report @ https://www.futuremarketinsights.com/reports/water-and-wastewater-treatment-chemicals-market

Comments

Post a Comment

Popular posts from this blog

Thionyl Chloride Market Size, Share, Revenue Demand & Growth by 2034

-
Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term. According to the latest report by FMI, the global  thionyl chloride market  is expected to reach a valuation of US$ 829.9 million by 2034. The industry is expected to experience revenue growth at a moderate CAGR of 4.8% during the forecast period. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis. The rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market. Further, China – the epicenter of the pandemic – is
Read more

Bonded Magnet Market Size, Share, Revenue Demand & Growth by 2034

-
  The  bonded magnet market size  is projected to be around US$ 2,597.40 million in 2024. The demand for bonded magnets is anticipated to expand at a CAGR of 4.80% through 2034. The industry is projected to surpass US$ 4,150.99 million by 2034. The bonded magnet industry is primarily driven by the increasing demand for miniaturization and lightweight components in various applications such as automotive, consumer electronics, and medical devices. The rising focus on sustainability and environmental concerns has propelled the adoption of bonded magnets, which are manufactured using environmentally friendly processes and materials. One of the latest trends in the bonded magnet industry is the development of hybrid magnet systems combining bonded magnets with other materials like plastics or composites. These hybrid systems offer unique properties and performance characteristics, catering to specific application requirements such as weight reduction or thermal stability. One significa
Read more

Construction Chemicals Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

-
 The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.  Construction chemicals  play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market. The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the
Read more