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| Sludge Treatment Chemicals Market |
Sludge Treatment chemicals are used for conditioning sewage sludge by modifying its physical and chemical properties. Sludge Treatment chemicals improve the dewatering process by reducing the water content in sludge through chemical coagulation and flocculation. This helps in reducing the volume of sludge and makes it easier to transport and dispose of.
The global
Sludge Treatment Chemicals Market is estimated to be valued at US$ 9561.7 Mn in 2023 and is expected
to exhibit a CAGR of 4.7% over the
forecast period 2023-2030, as highlighted in a new report published by Coherent
Market Insights.
Market key trends:
Increased production of sludge from industrial wastewater treatment is one of
the major factors driving the growth of the Sludge Treatment Chemicals Market.
Industries such as food & beverage, pharmaceutical, and oil & gas
generate large volumes of sludge during wastewater treatment that needs proper
treatment and disposal. The use of sludge treatment chemicals helps dewater the
sludge efficiently and reduce its volume by 60-70% through products such as
coagulants, flocculants, and other specialty chemicals. This has significantly
boosted the sales volume of sludge treatment chemicals in recent years.
Moreover, stringent wastewater discharge regulations in countries are also
leading industrial plants to invest more in improving their sludge treatment
processes, thus propelling the demand for Sludge Treatment Chemicals.
Segment Analysis
The global sludge treatment chemicals market is dominated by coagulants and
flocculants sub-segment. Coagulants and flocculants chemicals are widely used
in sludge treatment as they help in removing suspended solids from wastewater
by clumping impurities and contaminants together. Their application helps in
separating and removing solid materials from liquid effluents. This enables
efficient sludge treatment and recycling of water. Hence, the coagulants and
flocculants sub-segment accounts for over 35% share in the global market owing
to its effective treatment of sludge.
Key Takeaways
The global Sludge
Treatment Chemicals Market Growth is expected to witness high growth.
The global Sludge Treatment Chemicals Market is estimated to be valued at US$
9561.7 Mn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast
period 2023-2030.
The Asia
Pacific region is dominating the market currently owing to growing concerns
regarding sustainable sludge management and stringent wastewater disposal
regulations in countries like China, India, Japan and Southeast Asian nations.
Rapid industrialization and urbanization are also driving the market in the
region. Moreover, growing awareness amongst individuals and industries
regarding safe sludge disposal in Asia Pacific will continue to boost the
regional market.
Key players related content comprises
Key players operating in the sludge treatment chemicals market are BASF
SEChembond Chemicals LimitedGE Water and Process TechnologiesKurita Water
Industries Ltd.Ion ExchangeKemira OyjAkzoNobel N.V.SolenisThermax Ltd.Veolia
Water TechnologiesAccepta Advanced Environmental TechnologiesHubbard-Hall
IncBeckart EnvironmentalEcolab Incorporated. These players are focusing on new
product development and expansion strategies to gain a competitive edge in the
market.
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