Global Sludge Treatment Chemicals Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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The Sludge Treatment Chemicals Market report offers in-depth insights, revenue details, and other vital information regarding the global sludge treatment chemicals market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2031.
The Sludge Treatment Chemicals Market report offers insightful and detailed information regarding the various key players operating in the global sludge treatment chemicals market, their financials, supply chain trends, technological innovations, and key developments, apart from future strategies, and acquisitions & mergers, and market footprint.
The global sludge treatment chemicals market report has been segmented on the basis of type, application, and region.
Sludge Treatment Chemicals Market Overview:
“The Sludge Treatment Chemicals Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Sludge is the semi-solid residue produced during the process of wastewater treatment. Raw sludge is easily spoilable, rapidly develops unpleasant smells, and is rich in pathogenic organisms.
Chemicals used for sludge treatment are ferric chloride, alum, lime, and organic polymers. Industries such as personal care, food and beverage, automotive, and paper & pulp are major applications for sludge treatment chemicals due to the large production of sludge in manufacturing.
Growth in industrialization and the increasing need for sludge treatment due to strict environmental regulations are key factors driving the growth of the global sludge treatment chemicals market.
In addition, rising awareness among people regarding the use of chemicals for sludge disposal, and increasing water conservation activities by municipal corporations, environmental associations, and industrial bodies in both developed and developing countries are other factors expected to propel the growth of the global sludge treatment chemicals market over the forecast period.
However, high operational cost is a key factor expected to restrain the growth of the global sludge treatment chemicals market.
In addition, the development of high-performance sludge treatment technologies such as anaerobic sludge stabilization, and membrane bioreactor is another factor expected to hamper the growth of the global sludge treatment chemicals market over the forecast period.
The current trend observed in the market is the introduction of multifunctional chemicals such as copolymers of AETAC (N, N-Dimethylaminoethyl Acrylate Methyl Chloride Quaternary) that perform both coagulating with a positive charge and flocculating with the high molecular weight used for sludge dewatering.
This factor is also expected to drive the growth of the global sludge treatment chemicals market in the upcoming years.
The North American market is a dominant market in the global sludge treatment chemicals market and accounts for the largest market share in terms of revenue.
This is attributed to stringent government regulations for sludge treatment in industries, and the presence of major sludge treatment chemicals manufacturers in the region.
The market in the Asia Pacific is expected to register the fastest growth rate over the forecast period, owing to rising demand for sludge treatment chemicals from chemical, food & beverage, and oil & gas industry in emerging economies in the region.
Global Sludge Treatment Chemicals Market Segmentation:
Global sludge treatment chemicals market segmentation by type:
- Flocculants and Coagulants
Global sludge treatment chemicals market segmentation by application:
- Food & beverages
- Oil & gas
- Pulp & paper
Global sludge treatment chemicals market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- Kemira Oyj
- Ashland Global Holdings Inc.
- Kurita Water Industries Ltd.
- AkzoNobel N.V.
- General Electric Company
- Ovivo Inc.
- Ecolab Inc.
- The Dow Chemical Company
- Hubbard-Hall Inc.
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