Industrial Sludge Treatment Chemicals Market Status and Prospect Analysis by 2024
Date: 2018-08-07   Author: Ronak Bora  Category: #market

Industrial Sludge Treatment Chemicals Market will surpass USD 7.5 billion by 2024; according to a new research report. Industrial expansion coupled with a rapid increase in manufacturing activities will have a significant impact on the overall industrial sludge treatment chemicals market growth by 2024. A heavy amount of sludge and waste are generated from these units and treatment chemicals are required for the same. The economic growth of developing regions resulting in a surge in chemical and mining industries will positively influence the market demand due to an extensive release of waste products from these sectors. Strict government protocols related to the sludge and excessive waste generation will spur the demand for the industrial sludge treatment chemicals market over the forecast period.

Request for an in-depth table of contents for this report @

https://www.gminsights.com/request-toc/upcoming/2179


The proper disposal of waste and sludge content is an important issue across the globe due to the presence of hazardous chemical components in it. Special handling and appropriate care are essential at the time of the disposal and treatment to make them suitable for the use in the agriculture sector in the form of fertilizers, etc. These factors will enhance the industrial sludge treatment chemicals market growth by 2024.


Excessive usage of water and the resultant high transportation and operational cost are the key restraining factors for industrial sludge treatment chemicals market growth over the forecast timeframe. Integrated production systems and technology advancements to reduce the sludge production will further hinder the market growth in the future owing to the lesser sludge produced from the industries.
Industrial sludge treatment chemicals market is segmented based on sludge type, process chemical, process treatment, end-user, and regions. The three major sludge types include mixed, activated, and primary. The minor sludge types are tertiary, humus, etc., and have been included in the others segment. Among these, activated type dominated the overall the market and in 2016, it was valued at over USD 1.5 billion.


The four key processes are widely used in the industry, which include digestion, dewatering & drying, thickening, and conditioning & stabilization. Dewatering & drying process treatment is extensively used and held a significant share of the overall industrial sludge treatment chemicals market in 2024. This segment is likely to grow at a substantial CAGR of more than 6% by the end of the forecast period.
There are three major process chemical segments, flocculants, disinfectants, and coagulants. The minor chemicals include defoamers, activated carbon, etc. Among these, flocculants held a significant share in the overall industrial sludge treatment chemicals market and will grow at a substantial CAGR of around 6% by the end of the forecast time.


The major industrial sludge treatment chemicals market end-user segments include pulp & paper, oil & gas, food & beverages, electronics, automotive, metal processing, personal care, and chemicals. The minor industries include paint & coating, textiles, and others. Among these, the personal care segment held a notable share in the industry and will also grow at a significant CAGR by 2024. The food & beverage segment valued at around USD 1.5 billion over the forecast time frame.

Browse key industry insights spread across 180 pages with 250 market data tables & 13 figures & charts from the report, “Industrial Sludge Treatment Chemicals Market Size By Sludge Type (Activated, Primary, Mixed), By Process Treatment (Dewatering & Drying, Conditioning & Stabilization, Thickening, Digestion), By Process Chemicals (Flocculants, Coagulants, Disinfectants), By End-user (Automotive, Oil & Gas, Metal Processing, Food & Beverages, Pulp & Paper, Personal Care & Chemicals, Electronics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/industrial-sludge-treatment-chemicals-market


North America, led by the U.S. and Canada, is likely to hold a major chunk in the industrial sludge treatment chemicals market in future due to the developed industries in this area. Asia Pacific is likely to grow at a notable CAGR of around 6.5% in future due to the rapid expansion in regional manufacturing units.


The prominent industry players include Ecolab, ITS Group, BASF, Veolia, Beckart, Kurita Industries, Kemira, AkzoNobel, Hubbard-Hall, Ashland, Ovivo, SAS Environmental, Accepta, and others.



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

...

Read More

More from Ronak


Post Recommendents

Display Market Anticipated to grow significantly in the next six years
Author: Ronak Bora

Global Display Market set to reach USD 20 billion by 2024. The rapid proliferation of devices such as smart ATMs, intelligent interactive k...


Global metallic pigment market By key industry players Clariant, BASF, Silberline, Toyo Aluminum K.K., Altana, Sun Chemical, and Carl Schlenk
Author: Sunil Hebbalkar

The rising number of infrastructure development projects demanding the necessity of high quality paints, pigments, and coatings will reportedly drive metallic pigment market. Changing consumer lifestyles and rapid indu...


X-Ray Security Screening System Market projected to experience a healthy growth by 2024
Author: Ronak Bora

X-Ray Security Screening System Market set to reach over USD 3 billion by 2024. Increasing occurrences of terroristic activities across the world and government initiatives to modernize airport security systems is aidi...