Posted On: 2020-02-07
South Africa holds a major share in the water & wastewater treatment chemicals market in Africa – 6Wresearch.
Rising urbanization has resulted in an increase in the number of industrial activities, thereby enhancing the utilization of wastewater treatment chemicals over the coming years. Furthermore, the government has come up with numerous plans such as “Industrial Policy Action Plan”, “Zero liquid Discharge” etc. which would further strengthen the industrial sector paving way for Africa water & wastewater treatment chemicals market.
According to 6Wresearch, Africa water & wastewater treatment chemicals market is expected to grow at a CAGR of 1.7% during 2019-2025 owing to rise in the power sector in the midst of various development plans. Furthermore, growing investment in the wastewater treatment plants and growing awareness regarding health would propel the growth of water & wastewater treatment chemicals market in Africa.
According to Gurbani, Senior Research Analyst, 6Wresearch, “Biocide and disinfectant treatment chemicals sector is anticipated to witness substantial growth rate over the coming years on account of rising awareness regarding water borne diseases.”
“chemicals held a dominant market share in 2018, on account of its cost-effective nature and its utility across various industries.” Gurbani further added.
According to Swati Acharya, Research Associate, 6Wresearch, “South Africa is the leading revenue generating country in the Africa water & wastewater treatment chemicals market owing to supportive government policies. South Africa government has come up with a number of initiatives such as “Algoa Water Supply Reuse” etc. for the treatment and reuse of wastewater.”
Some of the major companies in Africa water & wastewater treatment chemicals market include Dow Chemicals, Veolia Water Technologies, Ecolab, Buckman, BASF and Kurita Chemicals.
“Africa Water & Wastewater Treatment Chemicals Market (2019-2025)" provides an in-depth analysis with 20 figures and 2 tables, covered in 200 pages. The report estimates and forecast the overall Africa water & wastewater treatment chemicals market by product types, by verticals and by countries including South Africa and rest of Africa. report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.