IRVING, Texas, Sept. 27, 2016 (GLOBE NEWSWIRE) -- 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 standards 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 and 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 and flocculants for water treatment chemicals 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 the largest market by value and volume. Depleting fresh water reserves and clean water demand in municipal applications would spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest region due to rapid economic growth and growing population along with urbanization and industrialization.
Asia Pacific and the Rest of the World are expected to witness strong growth over the forecast period because of growing demand for water treatment chemicals in oil and gas, power generation, and other end user sectors and growing awareness among manufacturers and consumers regarding the toxic effects of discharged, untreated wastewater in the environment.
For business expansion, the report suggests innovation and new product development to enhance 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 water treatment chemicals. There are some companies that are opting for mergers and acquisitions as a strategic initiative for driving growth.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global water treatment chemical market by application, product type, and region and has written a comprehensive research report entitled “Growth Opportunities in the Global Water Treatment Chemical Market 2016-2021: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a springboard for growth strategy because it provides comprehensive data and analysis of trends, key drivers, and directions. The study includes a forecast for the growth opportunities in the global water treatment chemical market by application, product type, and region 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 215-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/water_treatment_chemicals_market_2016_2021.aspx or helpdesk@lucintel.com.
This report answers the following 11 key questions:
Q.1: What are some of the most promising, high-growth opportunities for the global HVAC insulation 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 the 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 M&A activities have taken place in the last 5 years in this market? What reasons can be attributed to these activities and how have they impacted the industry?