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Global Sludge Treatment Chemicals Market Growth Accelerated by Expanded Water & Wastewater Treatment Standards

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Sneha
Global Sludge Treatment Chemicals Market Growth Accelerated by Expanded Water & Wastewater Treatment Standards

Sludge treatment chemicals are mainly used in water and wastewater treatment facilities to condition and dewater sludge generated during these processes. Sludge generated during water treatment contains high concentrations of solids such as organic matter that needs to be removed to recycle water for reuse. Sludge treatment chemicals help improve filterability and compressibility of sludge, facilitating efficient sludge processing and disposal.

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 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Expanded water & wastewater treatment standards: Stringent regulations mandating improved wastewater treatment across various industries such as food & beverage, pulp & paper, chemical, and others have accelerated the demand for sludge treatment chemicals. Government regulations aim to limit the disposal of untreated industrial wastewater to prevent water pollution. Manufacturers are expanding their sludge treatment chemicals offerings to help industries comply with the stringent regulations and process sludge more efficiently while reusing and recycling water. This key trend is expected to significantly drive the global sludge treatment chemicals market during the forecast period.

Segment Analysis

The global sludge treatment chemicals market is segmented by type into coagulants, flocculants, disinfectants and others. Among these, the flocculants segment dominates the market and accounts for over 35% share of the global market. Flocculants help in removal of solids from water by clumping pollutants and other suspended particles together so that they are heavier and settle down faster. Their effectiveness in solid-liquid separation process makes flocculants the highest consumed type of sludge treatment chemicals.

Key Takeaways

The Global Sludge Treatment Chemicals Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Factors such as stringent wastewater treatment regulations and initiatives to minimize freshwater pollution are driving demand for sludge treatment chemicals. 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 to 2030.

Regional analysis

Asia Pacific currently holds the largest share of over 40% of the global sludge treatment chemicals market. Rapid industrialization and urbanization in countries like China and India have increased wastewater generation which is driving demand for sludge treatment in the region. Stringent environmental protection policies are also supporting market growth. North America is expected to witness the fastest growth during the forecast period due to focus on sustainable wastewater management practices.

Key players

Key players operating in the sludge treatment chemicals market are BASF SE, Kemira, Ashland, Ecolab, Lonza, SUEZ, Veolia, Shell Chemicals, Solvay, and AkzoNobel. BASF SE is the global leader with over 17% market share owing to its vast product portfolio and geographical reach. Ecolab focuses on developing customized solutions for municipal and industrial clients.

Explore more information on this topic, Please visit -

https://www.insightprobing.com/sludge-treatment-chemicals-market-growth-and-forecasts-analysis/

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