The water treatment additives market in 2014 was $26.1 billion, dominated by Asia-Pacific (APAC) accounting for more than 35% market revenue share. Asia-Pacific is the most encouraging market for water treatment additives owing to the increasing demand from countries such as China and India. By 2020 APAC is estimated to be 38% of the global water treatment additives market. China, among all the countries is the promising market with rising demand for water treatment sector due to severe water shortages resulting from large population and water pollution caused by rapid economic growth.
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In China, government is taking enough measures to control water pollution but still these measures are not sufficient to the extent of the increasing water pollution. Higher speed in industrialization and highervolume of domestic wastewater generated has led to rise in wastewater volume and thus increased the usage of water treatment additives. China’s major industries include chemicals, food processing, iron & steel, electronics and others require huge quantity of water for production purposesand the number of manufacturers in China has significantly increased over the years.
China’s water sector is the major priority for the 12th Five-Year Water Resources Development Plan. Chinese government is taking necessary actions to reduce water pollution and imposing penalties that violate the strict rules. Chinese government is planning to invest $300 billion in the next five years to treat polluted water and construction of new wastewater treatment plants.This provides huge growth an opportunities for the companies providing solutions in water and wastewater treatment.
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The Major Players in this Market Include:
- Nalco holding company(U.S.)
- GE power & water(U.S.)
- Kurita water industries(Japan)
- BASF SE(Germany)
- Kemira OYJ(Finland)
- Akzo Nobel N.V.(The Netherlands)
The various industries studied in the water treatment additives market include:
- Power generation
- Pulp & paper
- Oil and gas
- Food & beverage
- Chemicals
- Electronics
- Water industry
- Wastewater industry
The overall water treatment additives market is also presented from the perspective of different geographic regions and the key countries. Competitive landscape for each of the product types is highlighted and market players are profiled.
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