Posted On: 2020-02-12
Saudi Arabia holds a dominant market share in the water & wastewater treatment chemicals market in the Middle East region – 6Wresearch.
Rise in the number of industrial activities along with stringent environmental regulations have propelled the demand for water & wastewater treatment chemicals market in the Middle East region. Further, emerging technologies such as advanced oxidation processes, UV radiation and others have given tremendous boost to the market. Moreover, several governments in the Middle East have enforced limits on groundwater utilization and saline water treatment, which are expected to drive the market over the coming years.
According to 6Wresearch, Middle East water & wastewater treatment chemicals market is expected to grow at a CAGR of 3.2% during 2019-2025. Groundwater pollution is one of the major concern of the governments in the Middle Eastern region, as a result Middle East government are providing incentives to build wastewater treatment plants to encourage the reuse of wastewater.
According to Gurbani, Senior Research Analyst, 6Wresearch, “Power and oil & gas segments are expected to register significant growth over the forecast period on account of rising demand for freshwater in the industrial activities. Further, government strategies such as “Water Security Strategy” etc. have been playing a pivotal role in the wastewater treatment, thereby driving the water & wastewater treatment chemicals market in the Middle East region.”
According to Swati Acharya, Research Associate, 6Wresearch, “Saudi Arabia holds a major market share in the Middle East water & wastewater treatment chemicals market and is expected to grow at a fast rate over the period owing to an increase in the number of industrial activities. Moreover, the adoption of tertiary filtration has been gaining traction owing to its potential to raise the quality of the water before being discharged into the environment. “
Some of the major companies in the Middle East water & wastewater treatment chemicals market include Dow Chemicals, Veolia Water Technologies, Ecolab and Kurita Chemicals.
“Middle East 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 Middle East water & wastewater treatment chemicals market by Product types, by and by Countries including Saudi Arabia, UAE, Turkey and rest of Middle East. 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