Posted On: 2020-02-12
United States would account for the highest growth rate in the water & wastewater treatment chemicals market in North America – 6Wresearch
Growing number of sludge treatment plants along with rising concern regarding the depletion of water resources are likely to create opportunities for the growth of water & wastewater treatment chemicals market in North America. The United States Environmental Protection Agency has laid tremendous emphasis on the improvement of sewage services, especially in the municipal wastewater treatment area, thereby driving the North America water & wastewater treatment chemicals market.
According to 6Wresearch, North America water & wastewater treatment chemicals market is expected to grow at a CAGR of 4.3% during 2019-2025. Government has introduced a number of initiatives such as “Water & Development Plan”, “Safe Drinking Water Act” which would boost the water & wastewater treatment chemicals market in the North America region. Further, increasing usage of green chemicals would catalyze the growth of the market over the coming years.
According to Gurbani, Senior Research Analyst, 6Wresearch, “Rigorous environmental regulations along with increasing popularity for chlorine alternatives for water treatment purposes are the major building blocks for the growth of the municipal segment in water & wastewater treatment chemicals market in the North America region.”
“United States is the leading revenue generating country in the North America water
& wastewater treatment chemicals market in 2018 and is expected to retain the same over the coming years as well on account of the stringent regulations related to wastewater disposal.” Gurbani further added.
According to Swati Acharya, Research Associate, 6Wresearch, “Coagulant & Flocculant treatment chemicals segment is anticipated to grow at a substantial rate on account of its cost-effective nature and its extensive utilization in a number of industries. On the basis of verticals, municipal segment is projected to grow at significant rate in the water & wastewater treatment chemicals market in the North America region due to favorable government initiatives for the treatment of waste water.
Some of the major companies in the North America water & wastewater treatment chemicals market include Dow Chemicals, Veolia Water Technologies, Buckman and Kurita.
“North America Water & Wastewater Treatment Chemicals Market (2019-2025)" report provides an in-depth analysis with 36 figures with 04 tables, covered in 200 pages. The report estimates and forecasts the overall North America Water & Wastewater Treatment Chemicals market by Product types, by and by Countries including United States and Canada. 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.