ALBANY, New York, April 4, 2017 – MarketResearchReports.biz had added a new report to its repository that overviews the European market for municipal water and the chemicals that are used for wastewater treatment, and estimates it to expand at a CAGR of 4.54% during the forecast period of 2017 to 2021. The report, titled “Municipal Water And Waste water Treatment Chemicals Market In Europe 2017-2021,” The report has been prepared to act as a credible document for audiences such as water treatment chemicals manufacturers, traders and distributors, raw material supplies of water treatment chemicals, government and research organizations, oil and gas companies, and water quality associations.
The report observes that municipal water treatment is a purification process of raw water by removing materials, chemicals, and other biological contaminations. The primary goal of these purification processes is to ensure the drinkability of the water before it reaches its consumers. Apart from drinking purpose, these wastewater treatment chemicals are also employed to meet the need of pure forms of water in other applications such as medical, chemical, industrial, and pharmacological. The report also overviews the quality standards set by several governments in their respective countries in the region of Europe and studies the prospects of the municipal water and wastewater treatment chemicals market in those countries.
According to the report, factors such as increasing demand for cost-effective chemicals, rising environmental concerns, stricter regulations at national and regional levels, and escalating importance of wastewater recycling and water reuse will boost the demand in the Europe municipal water and wastewater treatment chemicals market in the near future. However, the strong competition among the suppliers, tender process and criteria, increasing production costs for raw materials and energy, and reducing consumption of treatment chemicals due to increased efficiency of these treatment chemicals is expected to hinder the growth rate of the market during the forecast period. The report also notes a few trends of the market such as investments in aging water and wastewater treatment facilities, increasing cognizance of water and energy savings, and growing water-intensive solutions. These of these factors have been carefully analyzed in the report and their eventual impact over the market have been estimated.
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The report segments the municipal water and wastewater treatment chemicals market in Europe on the basis of type into flocculants, coagulants, disinfectants and general biocidal products, antifoam and defoaming chemicals, scale and corrosion inhibitors, and pH conditioners. By application, the market has been categorized into municipal water treatment and municipal wastewater treatment. Geographically, the report divides the market into Western Europe and Eastern Europe.
As per the report, the Europe market for municipal water and wastewater treatment chemicals is quite competitive in nature owing to the presence of several players with similar products and same target consumers. Development of innovative products and aggressive marketing are the most common strategies adopted by these leading players to maintain their stronghold over the market. The report profiles some of the key players including AkzoNobel, Arkema, BASF, Kemira, and SNF Group.
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