Dublin, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The "United States Water Treatment Chemicals Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The United States water treatment chemicals market is expected to witness a CAGR of around 4% during the forecast period. Government initiatives to control production and disposal of wastewater is the major factor driving the growth of the market studied.
- On the flipside, the impact of the COVID-19 pandemic is expected to hinder the growth of the market.
- The increasing focus on treating emerging contaminants is providing opportunities for the market during the forecast period.
- Among the end-user industries, the municipal industry accounts for the major market share and is likely to maintain its position during the forecast period.
Municipal Industry to Drive the Market Demand
- The supply of pure water to the households is one of the chief requirements for all the governments. The rising scarcity of potable water, coupled with the growing population and increasing water demand, is the major concern that is driving the demand for the membrane water treatment chemicals market, worldwide.
- A huge increase in usage of Reserve Osmosis (RO) systems to obtain potable water has led to the rapid rise in the usage of membrane water treatment chemicals, like antiscalants, etc.
- Municipal wastewater refers to the water that drains from toilets, showers, sinks, bathrooms, washing machines, dishwashers, and liquid industrial waste. Municipal wastewater should be treated before releasing it into the environment, to avoid damage to the environment and the spreading of harmful diseases.
- The major applications of treatment technologies include preliminary treatment, primary and secondary treatment, tertiary treatment, biological nutrient removal (BNR), resource recovery, energy generation, etc.
- In the United States, wastewater treatment facilities process about 34 billion gallons of wastewater every day. This adds significant demand for water treatment chemicals from the municipal sector in the country.
- Moreover, water scarcity has been increasing dependency on wastewater treatment facilities which is likely to further create opportunities for water treatment chemicals in the country in the coming years.
- For instance, in the city of Monterey, California; a large agricultural area requires almost 80,000 m3 of water per day, for which nutrient-rich reclaimed municipal wastewater is supplied to irrigate and fertilize crops.
- During lockdown, water usage of the household indicated an increase of about 21% in the country. In April 2020, the average household used nearly 729 additional gallons of water in April as compared to that in February 2020. Hence, this indicates increased requirement for water treatment.
- Besides, in July 2020, the Environmental Protection Agency (EPA) announced an investment on critical water infrastructure of about USD 6 billion to support USD 12 billion in water infrastructure projects under Water Infrastructure Finance and Innovation Act (WIFIA) program. Hence, with such developments, the need for water treatment chemicals is also expected to increase in the coming years.
Competitive Landscape
The United States water treatment chemicals market is fragmented in nature with the top five players accounting for less than 30% of the overall market share. Key players in the market studied include Ecolab, Solenis, Chemtrade, SUEZ, and Kemira, among others.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Government Initiatives to Control Production and Disposal of wastewater
4.1.2 Other Drivers
4.2 Restraints
4.2.1 Impact of COVID-19 on the Industry
4.2.2 High Cost and Hazardous Nature
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Biocides and Disinfectants
5.1.2 Coagulants and Flocculants
5.1.3 Corrosion and Scale Inhibitors
5.1.4 Defoamers and Defoaming Agents
5.1.5 pH & Adjusters and Softeners
5.1.6 Other Product Types
5.2 End-user Industry
5.2.1 Power
5.2.2 Oil and Gas
5.2.3 Chemical Manufacturing
5.2.4 Mining and Mineral Processing
5.2.5 Municipal
5.2.6 Food and Beverage
5.2.7 Pulp and Paper
5.2.8 Other End-user Industries
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Albemarle Corporation
6.4.2 Buckman Laboratories, Inc.
6.4.3 Chemtrade
6.4.4 ChemTreat, Inc.
6.4.5 Dow
6.4.6 Ecolab
6.4.7 Kemira
6.4.8 Kurita Water Industries Ltd.
6.4.9 Nouryon
6.4.10 Solenis
6.4.11 Solvay
6.4.12 SUEZ
6.4.13 USALCO
6.4.14 Veolia
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Focus on Treating Emerging Contaminates
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