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Rising Popularity of Membrane Filtration Technologies Drives Global Water Treatment Chemicals and Technology Market

Transparency Market Research has published a new report "Water Treatment Chemicals And Technology Market - Global Scenario, Trends, Industry Analysis, Size, Share And Forecast, 2011 - 2018" to its report store.

 

Albany, NY -- (SBWIRE) -- 10/13/2015 -- Water used for drinking purposes or in diverse industrial processes requires appropriate treatment for removing any disease-causing agents or contaminants present in it. Global water treatment chemicals and technology market, especially, is highly vulnerable to contamination from a variety of disease causing agents such as waterborne germs, and can cause sickness and diseases from microbes such as Hepatitis A, E. coli, Cryptosporidium, etc.

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Most public drinking water systems therefore, adhere to a variety of water treatment processes so that the community can have access to safe drinking water. These processes comprise a number of techniques and chemicals that react with the variety of contaminants in the water, and make it utilizable. Water is treated differently in different locations across the globe depending on the quality of water entering the treatment plant. Typically, surface water undergoes more levels of treatment and filtration than ground water because streams, lakes, rivers are more susceptible to pollutants and dirt than ground water sources. The kinds of methods and chemicals used for treatment of water also depend on the quality of the water, which is determined based on factors such as its hardness, alkalinity, pH balance, and amount of dissolved solids in the water.

Global Market for Water Treatment Chemicals and Technologies to reach US$ US$149,895.6 mn in 2018

The global market for water treatment chemicals and technologies comprises techniques such as pumping and membrane filtration, and chemicals classes such as coagulants and flocculants, corrosion scale inhibitors, biocides, anti-foamants and defoamers, and activated carbon. Pumping systems used for treating water include a variety of pumps, automation systems, and valves and controls. Popular membrane systems in the market include reverse osmosis, microfiltration, electrodialysis, ultrafiltration, and gas separators.

A recent market study published by the market research firm Transparency Market Research states that the global market for water treatment chemicals and technologies will expand at a 3.80% CAGR between 2013 and 2018. The market, which had a valuation of US$115,809.7 mn in 2011, is expected to rise to US$149,895.6 mn in 2018.

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According to the research report, the market will grow owing to factors such as rising global population, strict government policies regarding the supply of safe drinking water to the population, and rising industrialization. The market will grow in developed economies as a result of technological advancements, equipment replacement, and introduction of a number of innovative products.

The key factors restraining the overall growth of the water treatment chemicals and technologies market include high costs of water treatment chemicals and technologically advanced devices used in novel water treatment techniques. The water treatment chemicals and technologies market also suffers from inadequate funding from private and public sectors and lenient government regulations regarding water treatment as a whole in some developing nations of the world.

Water Treatment Chemicals and Technologies: Trending Market Segments

Of the key water treatment technologies in the market, the segments of corrosion and scale inhibiting chemicals and membrane filtration systems are currently leading the overall market. The market for membrane filtration systems, especially, is expected to register a positive CAGR of 9.6%, between 2013 and 2018. Of the key regional markets for water treatment chemicals and technologies, growth of the Asia Pacific market is expected to be the highest. The regional market is expected to expand at a 5.1% CAGR between 2013 and 2018.

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