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Sludge Treatment Chemicals Market worth $7.4 Billion by 2020
The report, “Sludge Treatment Chemicals Market by Type (Flocculants, Coagulants, Disinfectants), by End User Industries (Oil & Gas, Metal Processing, Food & Beverage, Pulp & Paper, Chemicals, Electronics), & by Region - Global Trends & Forecast to 2020”, define and segment the global sludge treatment chemicals market with analysis and forecasting of the global consumption revenue.
Browse 82 market data tables and 53 figures spread through 140 pages and in-depth TOC on “Sludge Treatment Chemicals Market by Type (Flocculants, Coagulants, Disinfectants), by End User Industries (Oil & Gas, Metal Processing, Food & Beverage, Pulp & Paper, Chemicals, Electronics), & by Region - Global Trends & Forecast to 2020"
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North America – the biggest market for Sludge Treatment Chemicals
North America has always been a strong market for sludge treatment chemicals and globally, this market has been a leader for sludge treatment chemicals with respect to demand as well as production capacity. The region has the presence of most of the global leaders in sludge treatment chemicals manufacturing. Sludge treatment chemicals consumption in the region is estimated to grow at a CAGR of around 4.00% from 2015 to 2020. This region has a relatively slow growth rate as a result of its dominant market size and slow economic activity as compared to the other regions. The demand in this region is boosted mainly due to the stringent regulations laid by the government bodies and rising awareness amongst people regarding disposal of sludge.
“Asia-Pacific – the fastest growing” Sludge Treatment Chemicals Market
Asia-Pacific, being the fastest growing sludge treatment chemicals market globally, is estimated to grow at a CAGR of 6.05% for the next five years. Asia-Pacific is witnessing high industrial growth rate, which hints at an ever-increasing demand of sludge treatment chemicals for its diverse applications. China is expected to witness strong growth in its sludge treatment chemicals market due to increasing demand from chemical, food & beverage, and oil & gas industry. Personal care industry is also growing at a healthier pace in this region. China dominates the sludge treatment chemicals market in Asia-Pacific region, being a major consumer and the fastest growing country in terms of sludge treatment chemicals demand. Currently, a high share of sludge treatment chemicals is being consumed by the personal care & chemicals and food & beverage industry and the demand for sludge treatment chemicals from personal care & chemicals industry is expected to grow at a rapid pace in the next five years from 2015 to 2020. After China, countries, including India, Japan and other Asian countries, are showing increasing demand for sludge treatment chemicals. Moreover, increasing number of sludge treatment chemicals manufacturers from Asian countries are putting vigorous efforts for developing a strong base of sludge treatment chemicals market, with a target of reducing sludge treatment chemicals imports.
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