Water Treatment Additives Market

Date: 2016-05

Water treatment is the process of removal of water contaminants from water that becomes fit for its desired end-use. Water treatment additives are used to remove the impurities from water to achieve an optimized water treatment process. The key factors that led to increase in demand for water treatment additives are the demand for clean water, rapid industrialization, environment, government policies and increasing population.
The market has been segmented into the type of additives being used which include scale inhibitors, corrosion inhibitors, oxygen scavengers, defoamers, biocides, organic polymers and others. Among all, organic polymers and scale inhibitorsoccupied major share in the global market. Water treatment additives have wide range of applications in pulp and paper industry, power industry, oil and gas industry, food and beverage industry, water industry, wastewater industry, electronics, chemicals and others. Among all, water industry occupies major share and electronics industry is anticipated to grow at a faster pacecomparatively. The global market is also segmented based on type of water treatment such as water treatment and wastewater treatment.
The report also focuses on different geographic regions and the key countries in terms of changing trends in using water treatment additives in various fields. Asia-Pacific (APAC) holds major share with a significant growth rate. Europe is already a well-established market. There are huge investment opportunities in countries such as China, India, Saudi Arabia and few more.
The report also includes overview of various companies viz.:
• Nalco holding company
• GE power& water
• Angus chemical company
• Shandong Taihe Water Treatment Co., Ltd
• AkzoNobel N.V. and many others.
Water treatment additives market is expanding vigorously as many companies are taking initiatives for the developments that include business expansion,product launches, partnerships and many more. The latest business expansion was undertaken by Lubrizol Corporation whichin April 2015 announced five-year expansion project at the company’s headquarters, Ohio, U.S., that includes expansion of manufacturing plant and improvement of site infrastructure in the water treatment division. Kurita water industries and GE power & water have held major share for product launches and business expansions. Recently, Antero Resources Corporation and Veolia water technologies signed an agreement to build state-of-the-art wastewater treatment plant in Doddridge, U.S. in August, 2015.

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