San Francisco, 19 December 2024: The Report Europe Industrial Water Treatment Chemicals Market Size, Share & Trend Analysis Report By Application (Raw Water Treatment, Water Desalination, Cooling, Boilers), By Region, And Segment Forecasts, 2019 - 2025
The Europe industrial water treatment chemicals market size is expected to reach USD 3.74 billion by 2025and 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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The rising use of these chemicals owing to the increased awareness about water pollution and the pressing need to recycle wastewater to reduce reliance on the shrinking sources of freshwater is expected to drive market growth over the forecast period. Europe is one of the prominent consumers of industrial chemicals owing to the large consumption of water in industries such as sugar & ethanol and petrochemicals. Some of the most commonly used varieties of industrial chemicals for water treatment in Europe are corrosion inhibitors, solvents, coagulants & flocculants, and antiscalants.
Further key findings from the report suggest:
• 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
In the U.K., boilers emerged as the dominant application segment in 2018 and accounted for 36.2% of the revenue share. The high level of industrialization achieved by the nation has resulted in a substantial demand for industrial water treatment chemicals across boiler applications in industries such as chemicals, food processing, textiles, paper and pulp, and fertilizers. The boiler application is likely to witness promising growth prospects over the forecast period as well, in the U.K. as well as the overall Europe market.
However, the growth of the market is likely to be hampered by factors such as high production and investment costs and the harmful effects of chemicals on the environment when not disposed of properly. The rising popularity of electrocoagulation (EC) and biofiltration technologies, owing to their environment-friendly nature, is also likely to hamper the demand for chemicals for the treatment of industrial water in the region. Rising awareness about the need to reduce greenhouse emissions in manufacturing sectors for industries to be able to adhere to stringent emission regulations is expected to promote the usage of microbes in the biological treatment of industrial water. Biological treatment is now being used in Europe for the removal of phosphorus and nitrogen from industrial water as a greener option to chemical treatment.
Nevertheless, regulations developed by organizations such as the European Industrial Emission Directive (IED), which are responsible for regulating the emission of pollutants from industrial installations, play a notable role in the development of the market. The rising number of regulations in several European countries overlooking the proper treatment of industrial water before it is disposed of is expected to drive the European industrial water treatment chemicals market over the forecast period. For instance, several regulations have been developed in Italy concerning the emission of pollutants and the discharge of sludge in water bodies.
