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Industrial Sludge Treatment Chemicals Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024

Author : Rahul Varpe | Published Date : 2019-08-05 

Industrial sludge treatment chemicals market is highly driven by the rising end-user industries. Developing and developed countries have huge number of industries to support their trade well-being and economy. Growing industrialization in these countries will lead to increasing manufacturing units which will further lead to huge waste and sludge generation. Most of the end-user industries generate and release numerous amount of waste in the form of sludge. Increasing manufacturing and chemical industries owing to industrial development, and rising environmental concerns in these nations will further boost the industrial sludge treatment chemicals market demand in the coming years.

Disposal of sludge in a proper manner is a very important issue as it needs proper care owing to its hazardous nature related the chemical constituents present in them. Dewatering leads to minimizing the sludge pathogen content and further enhances its properties and possible sludge usage as fertilizers. The disposal of sludge as fertilizers which are very useful to agricultural production will in turn fuel the industrial sludge treatment chemicals market demand in the next few years.

Industrial wastewater generates large amounts of sludge, which contains extracellular polymeric substances and huge biomass quantities. Extensive amount of water leads to high handling and transportation cost which makes treatment plants eat up over half of the operational budget. High costs associated with sludge treatment will result in a restricted industrial sludge treatment chemicals market growth.

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Member nations of the European Union, it has been observed, have implemented stringent regulations for sludge management to reduce the harmful effect of industrial wastes on the environment, thereby augmenting the regional industrial sludge treatment chemicals market trends. The European Wastewater directive is one such instance validating the aforementioned statement. Prior to its successful implementation though, in a bid to solve the environmental issues generated due to industrial wastes, the Sweden government had installed wastewater treatment plants in the early 90s. In order to comply with legislative norms, the Sweden-based companies had made substantial investments to have their own wastewater treatment plants installed, through which they achieved the reduction of a considerable discharge of industrial waste to rivers and lakes. In recent times, 95% of the sewage plants in Sweden have adopted biological and chemical processes for treating industrial wastes. Undeniably, the aforementioned incidence testifies that the robust adoption of chemical and biological-based wastewater treatment plants is certain to impel Europe industrial sludge treatment chemicals market share over the years ahead.

Taking into account the shifting trends toward the implementation of wastewater treatment plants along with the deployment of strict regulatory norms, industrial sludge treatment chemicals market biggies have been focusing on harnessing advanced technology to develop novel products For instance, merely a few years earlier, a renowned industrial sludge treatment chemicals industry player had developed a water treatment chemical for industrial, drinking, and desalination water treatment applications by exploiting ultrafiltration membrane technology. These developments stand testimony to the fact that technological advancements are likely to prove beneficial for the growth of industrial sludge treatment chemicals industry. In effect, driven by the numerous contributions by industry players and regional governmental bodies, industrial sludge treatment chemicals market is anticipated to chart out a profitable growth path ahead.

North America is said to have a slightly higher share than Asia Pacific owing to the mature industrial sludge treatment chemicals market in this region. In the forecast timeframe, Europe industrial sludge treatment chemicals market will surpass USD 2 billion by 2024 and will exhibit slower growth than above two regions. Asia Pacific will raise with a fastest CAGR of close to 6.5% owing to increasing manufacturing activities in this region.

Browse key industry insights spread across 180 pages with 250 market data tables & 13 figures & charts from the report, “Industrial Sludge Treatment Chemicals Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/industrial-sludge-treatment-chemicals-market

Key industrial sludge treatment chemicals market players are AkzoNobel, Veolia, Ashland, ITS Group, Hubbard-Hall, Amcon, Beckart Environmental, Kurita Water Industries, SAS Environmental Services, Ecolab, Ovivo, Suez, Kemira, Accepta and BASF to name some.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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