Posted On: 2020-02-10
Coagulant & Flocculant treatment chemicals would account for the highest growth rate over the coming years in the water & wastewater treatment chemicals market in Europe – 6Wresearch
Rising water contamination, depleting water resources coupled with growth in the industrial sectors have given tremendous boost to the water & wastewater treatment chemicals market in Europe . Further, government has come up with numerous policies such as “Wastewater Management Act”, “Effluent Charges Act” etc. which would positively influence the Europe water & wastewater treatment chemicals market. Moreover, growing number of commercial and residential construction projects in the midst of the development plans have bolstered the water & wastewater treatment chemicals market in Europe region.
According to 6Wresearch, Europe water & wastewater treatment chemicals market is projected to grow at a CAGR of 3.6% during 2019-2025. Rising water scarcity issues along with the heightened awareness regarding environmental degradation would escalate the growth of water & wastewater treatment chemicals market in Europe. Furthermore, increasing number of industrial activities would create opportunities for the wastewater treatment plants thereby driving the water & wastewater treatment chemicals market in the Europe region.
According to Gurbani, Senior Research Analyst, 6Wresearch, “The electric power generation systems leads to the creation of wastewater, which needs to be treated before being discharged into the water bodies, thereby Furthermore, government organizations such as “European Industrial Emission Directive” which are responsible for the regulation of emission of pollutants from industrial sectors plays a pivotal role in the development of the market.”
“Germany is the leading revenue generating country in the Europe water & wastewater treatment chemicals market and is expected to grow at a significant rate over the coming years.”
According to Swati Acharya, Research Associate, 6Wresearch, “Coagulant & Flocculant treatment chemicals market segment is anticipated to grow at a significant rate due to its extensive utilization in various projects and industries such as municipal and power segments.
Some of the major companies in the Europe water & wastewater treatment chemicals market include Dow Chemicals, Veolia Water Technologies, Nalco Chemicals and Kurita Chemicals.
“Europe Water & Wastewater Treatment Chemicals Market (2019-2025)" report provides an in-depth analysis with 52 figures with 06 tables, covered in 200 pages. The report estimates and forecast the overall Europe water & wastewater treatment chemicals market by product types, by verticals and by countries including United Kingdom, Germany, France and rest of Europe. The 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.