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Wastewater Treatment Chemicals Market Size
- Report ID: GMI5343
- Published Date: Sep 2022
- Report Format: PDF
Wastewater Treatment Chemicals Market Size
Wastewater Treatment Chemicals Market size for phosphorous removal application surpassed USD 6.5 billion in 2021 and is projected to witness a CAGR of over 9% from 2022 to 2030. Increasing focus on wastewater treatment to limit environmental degradation will push the industry growth.
Growing concerns over the impact of hazardous and toxic waste accumulation have resulted in the deployment of stringent regulatory norms and sustainability mandates. Public authorities are strictly monitoring waste generation and its effect on climate change through regulations on the removal of phosphorous and other toxic compounds from wastewater. With increasing focus on technologies for the efficient disposal of wastewater, the demand for treatment chemicals is on the rise.
A wide variety of wastewater treatment chemical solutions are used by industrial end-users to comply with standards and laws for chemical effluents & pollutants. These chemicals help filter waste by removing solid particles or phosphorous, and have various other benefits such as odor control, disinfection, pH adjustment, foam prevention, and sludge removal. As a result of growing environmental issues and surging cases of waterborne diseases such as toxoplasmosis, amoebiasis, and giardiasis, the demand for wastewater treatment chemicals is likely to escalate.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Wastewater Treatment Chemicals Market Size in 2021: | 6.59 Billion (USD) |
| Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 9% |
| 2030 Value Projection: | 14.5 Billion (USD) |
| Historical Data for: | 2017 to 2021 |
| No. of Pages: | 447 |
| Tables, Charts & Figures: | 485 |
| Segments covered: | Product and End-use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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A gradual demand for eco-friendly water treatment solutions is considered to be a key factor restraining the wastewater treatment chemicals market for phosphorus removal application revenue. A high preference is observed for physical water treatment technologies such as RO filtering, and UV disinfection over chemical methods. This can be credited to the eco-friendly nature of these methods which start by separating solid particles using filtration or floatation techniques. Rapidly changing climate, environmental adversities, and growing carbon footprint have shifted users to these sustainable substitutes, which is expected to reduce the focus on chemical treatment methods.
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Wastewater Treatment Chemicals Market Scope
