The Europe industrial water treatment chemicals market size is expected to reach USD 3.74 billion by 2025 and register a CAGR of 3.6% from 2019 to 2025, as per a new report by Grand View Research Inc. Favorable regulatory support from governments aimed at accelerating innovations in industrial water treatment processes by using enhanced engineered and natural components is expected to drive the market in the near future. Rising number of stringent regulations pertaining to the emission of pollutants from industrial installations is also expected drive the market over the forecast period.
Industrial water treatment is a process used to treat wastewater generated by industries as an undesirable product. The growing consumption of water across different industries and the rising awareness about the rising levels of water pollution and the pressing need to recycle wastewater to reduce the overall reliance on the shrinking sources of freshwater are expected to drive market growth over the forecast period. However, strict government policies for controlling water pollution at manufacturing and municipal levels through the utilization of eco-friendly techniques in developed markets, including Germany, Spain, and the U.K., are expected to drive the demand for biological treatment equipment for treating plain as well as wastewater across industries in the region. This could promote the use of biological techniques over chemicals and act as a restraint for the Europe industrial water treatment chemicals market.
Nevertheless, favorable regulatory scenarios pertaining to the treatment of industrial water in Europe are likely to boost market growth in the upcoming years. Countries such as Portugal, Netherlands, and Belgium are adopting several techniques to effectively treat industrial water and are looking into ways of complying with the European Commission’s regulations pertaining to safe water, both for drinking and industrial purposes. The market in Germany is likely to witness steady growth over the forecast period. The German market accounted for a revenue share of nearly 20% of the overall market in 2018 and is expected to continue to account for a significant share by the end of the forecast period as well.
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Europe Industrial Water Treatment Chemicals Market Report Highlights
• The effluent water treatment application segment is expected to witness growth at a promising pace on account of strict wastewater disposal policies imposed by international and regional governing bodies
• The raw water treatment application accounted for a 14.2% of the revenue share in 2018 owing to its ability to protect a range of equipment in industries from corrosion and scaling
• Germany is expected to emerge as the largest market owing to the rising awareness regarding environmental issues pertaining to the improper disposal of untreated and/or polluted industrial water
• Rapid urbanization and industrialization in Belgium have increased the penetration of chemicals for treating industrial water
• Companies such as Professional Water Technologies and Kemira Oyj provide their customers with phosphorus-free formulas for desalination plants
• Some of the key companies in the Europe industrial water treatment chemicals market are Kemira Oyj, BASF SE, Ecolab, Inc., and Solvay S.A.
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Europe Industrial Water Treatment Chemicals Market Segmentation
Grand View Research has segmented the Europe industrial water treatment chemicals market on the basis of application and regions:
Europe Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
• Raw Water Treatment
• Water Desalination
• Effluent Water Treatment
Europe Industrial Water Treatment Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
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