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Water treatment chemicals

Hydrocarbon Engineering,


By 2017, world demand for water treatment chemicals is forecast to rise 5.8% /y to US$ 30.6 billion. Demand is going to be driven by rising water quality standards in manufacturing and other industrial applications, expanding access to safe drinking water in undeserved regions, and a shift toward higher value chemicals with improved performance and/or environmental profiles, particularly in developed countries. Increased in developed economies will be tempered by greater competition between water treatment chemicals and equipment in some applications, reflecting a more complex industry response to environmental concerns. The above is according to a new study from Freedonia Group Inc., titled World Water Treatment Chemicals.

Growth in developing countries
In developing countries, rising standards for industrial water quality and the adoption of more complex manufacturing processes, along with healthy economic expansion, will drive strong growth in demand for water treatment chemicals. In many developing countries, the use of water treatment chemicals has historically been low relative to use rates seen in manufacturing and industrial markets in more affluent areas, and rising water treatment chemical use rates will be reflective of greater reliance on both commodity type chemicals and speciality chemicals. The increased use of water treatment chemicals in these regions will be supported by manufacturers’ efforts to remain competitive by improving the quality of finished products, which can be directly impacted by water quality.

Growth elsewhere
In developed regions where the use of water treatment chemicals is well established, growth in demand is expected to be more moderate and the shift in product mix will be more complex. High industrial water quality standards and environmental regulations are expected to contribute to rising demand for water treatment equipment, which can be used to partially replace some types of chemicals such as biocides. However, water treatment can also support the use of higher value speciality corrosion inhibitors, scale inhibitors, and coagulants and flocculants, which can improve equipment function and prevent damage to equipment.

Adapted from press release by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/31012014/water_treatment_demand_on_up/


 

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