Sludge Treatment Chemicals Market – New Revenue Pockets
The market for sludge treatment chemicals is growing at a sharp pace with North America as a leading consumer, followed by Asia-Pacific, Europe and RoW. The key types for sludge treatment chemicals are flocculants, coagulants, disinfectants and other process chemicals. Flocculants dominate the type segment of sludge treatment chemicals. The Asia-Pacific region, with a CAGR of 6.05%, is currently the fastest-growing market.
This report follows both top-down and bottom-up approaches to estimate and forecast the sludge treatment chemicals by value and volume. This report focuses on the market by its type, application, and region.
Revenue Pockets
Asia-Pacific is the fastest-growing market for sludge treatment chemicals across the world, followed by RoW, Europe, and North America. The U.S. is the world’s largest consumer for sludge treatment chemicals. Rapid industrialization makes Asia-Pacific an attractive venue for expansion. Moreover, Asia-Pacific enjoys a higher investor confidence due to favorable government policies and demand-supply gap that encourage capacity expansion in this region Kemira (Finland), BASF (Germany), are some of the key manufacturers in Asia-Pacific region.
Asia-Pacific is estimated to witness high growth rate, especially in countries, such as China, Japan and India due to rapid industrialization and stringent regulations laid by government bodies for sludge disposal in this region. The developed regions, such as North America and Europe are relatively mature markets as compared to Asia-Pacific, and RoW. Moreover, Asia-Pacific region is expected to witness the growth rate above global average by 2020.
Related Reports:
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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