Lack of water management, one of the most influential problems faced by humans presently, has been directly impacting public health, because of the pervasive wastage of land, surface water, as well as groundwater, which are among the most basic sustainability needs. The increasing water stress level across the globe is causing deterioration of freshwater resources in terms of quantity and quality. As a result, contaminated water and poor sanitation conditions cause the transmission of diseases such as cholera, diarrhea, dysentery, hepatitis A, typhoid, and polio. According to World Health Organization, by 2025, half of the world’s population will be living in water-stressed areas.
A paradigm shift is now required in water management all over the world not only to prevent the further damage to sensitive ecosystems but also for the effective management of wastewater. Water and wastewater treatment chemicals are playing an important role in providing clean water and preventing from various diseases. The coagulants and flocculants segment among the various types of water and wastewater treatment chemicals currently dominates the market. The treatment of water and wastewater by using coagulants and flocculants is a low-cost procedure, therefore leading to an increased demand for water and wastewater treatment chemicals. Wide-scale developments in water and wastewater treatment, mining, oil & gas, power generation, and desalination industries in emerging countries such as China, India, Brazil, Saudi Arabia, and in African countries have led to the significant increase in demand for coagulants and flocculants. Aluminum sulphate, aluminum & chloride, iron & sulphate, iron & chloride are some examples of coagulants and flocculants.
The global water and wastewater treatment chemicals market consists of major companies providing solutions for several industries such as oil & gas, steel, food & beverage, and paper & pulp. This varied range of market participants provide opportunities to key players willing to bear the high risks involved in the industry.
The use of traditional water treatment methods is declining over time, owing to the rapid industrial development in various sectors. To meet the emerging demand for water management, major water industry players are emphasizing on developing innovative treatment products for local as well as the global sites. Zero liquids discharge technologies, resource recovery, and smart water solutions are certain innovations which are going to abruptly revolutionize the water treatment industry. The integration of emerging technologies with traditional water treatment infrastructures is expected to help various public and private stakeholders to further enhance their capabilities for effective wastewater treatment and recovery of waste energy resources.
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Some of the key players in the global water and wastewater treatment chemicals market are Akzo Nobel N.V, Albemarle Corporation, SOLENIS, SUEZ, Ecolab, and Kurita Water Industries Ltd. The growing number of industries including power, oil & gas, food & beverage, and rising municipal sector is mainly fueling the water and wastewater treatment chemicals market.
Rising awareness among people, increasing population in developing economies, agricultural intensification, and climate change are some of the major factors affecting the growth of water treatment chemicals, globally. Water plays an important role in the industrial sector, as it is used in fabricating, processing, washing, diluting, cooling, transporting a product, and for sanitation needs within the manufacturing facilities. Additionally, rising need for sustainable water management solutions is increasing the growth of water and wastewater treatment chemicals.
