Industrial Sludge Treatment Chemicals Market is projected to showcase significant growth from paper & pulp sectors
Category: #business  By Partha Ray  Date: 2019-07-23
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Industrial Sludge Treatment Chemicals Market is projected to showcase significant growth from paper & pulp sectors

The Industrial Sludge Treatment Chemicals Market is set to grow from its current market value of more than $4.5 billion to over $7.5 billion by 2024; as reported in the latest study by Global Market Insights, Inc.

Industrial Sludge Treatment Chemicals Market is slated to witness considerable growth prospects in the forthcoming years, pertaining to the increasing demand to normalize the effect of wastewater. Most of the companies across the automotive, chemical, food & beverages, manufacturing, and paper & pulp sectors have been implementing wastewater and sludge treatment plants on large scale, subject to the maintenance of environment safety. Companies such as Mitsubishi Hitachi Power Systems, for instance, have been continuously involved in the deployment of waste water treatment plants, in order to reduce industrial sludge. In addition, companies have also been investing heavily in research and development activities to deploy newer methods of wastewater treatment. The dedicated involvement of companies with regards to water treatment technologies will boost industrial sludge treatment chemicals industry share over 2017-2024. In fact, as per statistics, industrial sludge treatment chemicals market size was pegged at a revenue of USD 4.5 billion in 2016.

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Apart from mainstream companies, the governments of the various countries have also taken initiatives to curb industrial as well as residential waste which is likely to have a positive influence on industrial sludge treatment chemicals market outlook. Recently, the Indian government has implemented the Swachh Bharat Abhiyan to promote cleanliness in the country. Additionally, to familiarize the mission among the masses, the Indian government has also been providing sufficient funding. In this regard, to comply with government’s initiatives, several companies across the paper, biomedical, boiler, and food sectors in India have been heavily installing wastewater treatment plants.

Member nations of the European Union, it has been observed, have implemented stringent regulations for sludge management to reduce the harmful effect of industrial wastes on the environment, thereby augmenting the regional industrial sludge treatment chemicals market trends. The European Wastewater directive is one such instance validating the aforementioned statement. Prior to its successful implementation though, in a bid to solve the environmental issues generated due to industrial wastes, the Sweden government had installed wastewater treatment plants in the early 90s.

In order to comply with legislative norms, the Sweden-based companies had made substantial investments to have their own wastewater treatment plants installed, through which they achieved the reduction of a considerable discharge of industrial waste to rivers and lakes. In recent times, 95% of the sewage plants in Sweden have adopted biological and chemical processes for treating industrial wastes. Undeniably, the aforementioned incidence testifies that the robust adoption of chemical and biological-based wastewater treatment plants is certain to impel Europe industrial sludge treatment chemicals industry share over the years ahead.

Taking into account the shifting trends toward the implementation of wastewater treatment plants along with the deployment of strict regulatory norms, industrial sludge treatment chemicals market biggies have been focusing on harnessing advanced technology to develop novel products For instance, merely a few years earlier, a renowned industrial sludge treatment chemicals industry player had developed a water treatment chemical for industrial, drinking, and desalination water treatment applications by exploiting ultrafiltration membrane technology. These developments stand testimony to the fact that technological advancements are likely to prove beneficial for the growth of industrial sludge treatment chemicals industry. In effect, driven by the numerous contributions by industry players and regional governmental bodies, industrial sludge treatment chemicals market is anticipated to chart out a profitable growth path ahead.

Glimpse of Table of Content (ToC)

 

Chapter 4. Industrial Sludge Treatment Chemicals Market, By Sludge Type

4.1. Global industrial sludge treatment chemicals market share by sludge type, 2016 & 2024

4.2. Activated sludge

4.2.1.    Market estimates and forecast, 2013 - 2024

4.2.2.    Market estimates and forecast, by region, 2013–2024

4.3. Primary sludge

4.3.1.    Market estimates and forecast, 2013 - 2024

4.3.2.    Market estimates and forecast, by region, 2013–2024

4.4. Mixed sludge

4.4.1.    Market estimates and forecast, 2013 - 2024

4.4.2.    Market estimates and forecast, by region, 2013–2024

4.5. Others (Tertiary sludge, etc.)

4.5.1.    Market estimates and forecast, 2013 - 2024

4.5.2.    Market estimates and forecast, by region, 2013–2024

 

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/industrial-sludge-treatment-chemicals-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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