Research Reports
As Per Latest Report: Sludge Treatment Chemicals Market Estimated to Generate a Revenue of $11.4 Million with Growing at a CAGR of 4.7% from 2021 to 2027
Published by Coherent Market Insights
Posted on September 21, 2021
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The global sludge treatment chemicals market is projected to reach US$ 11.4 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.7% during the forecast period (2019 to 2027).
Sludge is a by-product that is produced during the treatment of wastewater and they can be classified into organic matters, pathogens, chemicals, and microorganisms. These products are claimed to contain harmful agents such as heavy metals that can have an adverse effect on the environment and human health.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/3369
Drivers
Rising government regulations for the conservation of water in order to save the freshwater resources due to rising threats of pollution and climatic changes are predominantly fueling the market growth of sludge chemical treatment. For example, according to the Coherent market insights analysis, US EPA (Environmental Protection Agency) has made it mandatory to treat sludge to a minimum percentage before it could be disposed of. Moreover, water generates from oil and gas exploration, municipal water treatment and effluent treatment plants release a considerably high volume of sludge which is also expected to foster the market growth of sludge treatment chemical over the forecast period.
Market Opportunities
Rising awareness regarding water conservation across developing countries is encouraging the government to impose proper rules and regulations for sludge treatment which is expected to offer lucrative growth opportunities to the market of sludge treatment chemical. According to the Coherent Market insights, new government policies (National 12th Five-Year Plan) implemented in China in 2011, defines that it has been made mandatory to treat 70% sludge in large cities and 50% in small cities by 2015- Chinese government invested US$ 4.5 billion in sewage sludge treatment.
Competitive Section
Key players active in the global sludge treatment chemicals market are BASF SE, Chembond Chemicals Limited, GE Water and Process Technologies, Kurita Water Industries Ltd., Ion Exchange, Kemira Oyj, AkzoNobel N.V., Solenis, Thermax Ltd., and Veolia Water Technologies.
Request a Discount for this Report: https://www.coherentmarketinsights.com/insight/request-discount/3369
Few Recent Developments
Kurita Water Industries Ltd.
- In 2016, Kurita Europe GmbH merged with Kurita Europe APW GmbH and formed Kurita Europe GmbH. The merger will provide excellent R&D opportunities and low-cost operations to improve the function of water treatment chemicals.
Kemira Oyj
- In 2015, the company set up a water treatment chemical production plant in Spain for the manufacture of aluminum- and iron-based coagulants. This investment is expected to increase the company’s production capacity in Europe.
- In 2015, the company acquired Soto Industries LLC, a U.S.-based manufacturer of anti-scalants, defoamers and settling agents for the pulp and paper industry. This acquisition helped the company expand its product portfolio for treatment chemicals in the paper and pulp industry and also strengthened its market presence in the U.S.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post As Per Latest Report: Sludge Treatment Chemicals Market Estimated to Generate a Revenue of $11.4 Million with Growing at a CAGR of 4.7% from 2021 to 2027 appeared first on Gatorledger.
The global sludge treatment chemicals market is projected to reach US$ 11.4 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.7% during the forecast period (2019 to 2027).
Sludge is a by-product that is produced during the treatment of wastewater and they can be classified into organic matters, pathogens, chemicals, and microorganisms. These products are claimed to contain harmful agents such as heavy metals that can have an adverse effect on the environment and human health.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/3369
Drivers
Rising government regulations for the conservation of water in order to save the freshwater resources due to rising threats of pollution and climatic changes are predominantly fueling the market growth of sludge chemical treatment. For example, according to the Coherent market insights analysis, US EPA (Environmental Protection Agency) has made it mandatory to treat sludge to a minimum percentage before it could be disposed of. Moreover, water generates from oil and gas exploration, municipal water treatment and effluent treatment plants release a considerably high volume of sludge which is also expected to foster the market growth of sludge treatment chemical over the forecast period.
Market Opportunities
Rising awareness regarding water conservation across developing countries is encouraging the government to impose proper rules and regulations for sludge treatment which is expected to offer lucrative growth opportunities to the market of sludge treatment chemical. According to the Coherent Market insights, new government policies (National 12th Five-Year Plan) implemented in China in 2011, defines that it has been made mandatory to treat 70% sludge in large cities and 50% in small cities by 2015- Chinese government invested US$ 4.5 billion in sewage sludge treatment.
Competitive Section
Key players active in the global sludge treatment chemicals market are BASF SE, Chembond Chemicals Limited, GE Water and Process Technologies, Kurita Water Industries Ltd., Ion Exchange, Kemira Oyj, AkzoNobel N.V., Solenis, Thermax Ltd., and Veolia Water Technologies.
Request a Discount for this Report: https://www.coherentmarketinsights.com/insight/request-discount/3369
Few Recent Developments
Kurita Water Industries Ltd.
- In 2016, Kurita Europe GmbH merged with Kurita Europe APW GmbH and formed Kurita Europe GmbH. The merger will provide excellent R&D opportunities and low-cost operations to improve the function of water treatment chemicals.
Kemira Oyj
- In 2015, the company set up a water treatment chemical production plant in Spain for the manufacture of aluminum- and iron-based coagulants. This investment is expected to increase the company’s production capacity in Europe.
- In 2015, the company acquired Soto Industries LLC, a U.S.-based manufacturer of anti-scalants, defoamers and settling agents for the pulp and paper industry. This acquisition helped the company expand its product portfolio for treatment chemicals in the paper and pulp industry and also strengthened its market presence in the U.S.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post As Per Latest Report: Sludge Treatment Chemicals Market Estimated to Generate a Revenue of $11.4 Million with Growing at a CAGR of 4.7% from 2021 to 2027 appeared first on Gatorledger.