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Global Initiatives for Safe Drinking Water Drive Water Treatment Chemicals and Technology Market

Press release Description

Albany, New York, September 25, 2015: Market Research Reports Search Engine (MRRSE) has recently added a new study, titled “Water Treatment Chemicals And Technology Market – Global Scenario, Trends, Industry Analysis, Size, Share And Forecast, 2011 – 2018”, to its growing research reports repository.

The report states that the global water treatment chemicals and technology market will expand at a 3.80% CAGR from 2013 to 2018 and reach a valuation of US$149.6 bn by 2018, increasing from US$115.7 bn in 2011.

The research report offers top-level analysis to identify factors that will be majorly driving the water treatment chemicals market in the forecast period. Going ahead, the market study offers extensive analysis of market drivers, challenges, and current market trends for better understanding of the trajectory of this market during the forecast period. To gauge the level of competition in the global market for water treatment chemicals and technology, analytical tools such as Porter’s five forces analysis have been employed in this study.

According to the study, increasing industrialization, demand for clean and safe drinking water for the increasing world population, and stringent government policies for permissible water contaminant levels are some of the major factors driving the water treatment chemicals and technology market.

Moreover, in developed economies, consistent equipment upgradation, technological progression, and introduction of newer products have contributed significantly to the growth of the market for water treatment chemicals and technology.

However, the high setup cost of water treatment units, combined with the high cost of accompanying technology and chemicals, limits participation in this market. In addition, fluctuating revenues for both equipment manufacturers and suppliers of water treatment chemicals also challenge the growth of the global water treatment chemicals and technology market.

The report examines the global market for water treatment chemicals and technology on the basis of products and geography. By product, the market is segmented into pumping systems and chemicals. Pumping systems are further divided into pumps, automation systems, and valves and controls, whereas coagulants and flocculants, corrosion and scale inhibitors, biocides, anti-foamants and defoamers, activated carbon, and others are the sub-segments of the chemicals product segment of the market.

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From a geographical standpoint, the report divides the global market for water treatment chemicals and technology into: North America, Asia Pacific, Europe, and Rest of the World. The report provides market size estimates based on product type for each region in the forecast period.

To conclude, the report discusses the competitive landscape of the market at length. The major companies operating in the global market for water treatment chemicals and technology are mentioned and profiled for key attributes. The report lists Akzonobel, Hercules, Nalco, Flowserve, Ebara, ITT, The Dow Chemicals Company, Ashland, Kemira, Ge Technology, Grundfos, Ksb, and Pentair as companies that have a significant presence in this market.

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