Water is a significant part of our day-to-day life, and pure water is essential for the well-being of our community. Water is a universal solvent, but solids, like clay, fine sand, dust and rust are not soluble in water. They remain undissolved in water, leading to cloudiness and are technically called as total suspended solids (TSS). Water treatment helps decline the TSS levels as per the end-user needs, and therefore differ based on TSS level, location and application. Heating, wastewater treatment, drying and cleaning are the four basic processes. The European water treatment chemical market is estimated to attain USD 56.57 billion by 2024 and rise at a CAGR of 6%.
Market drivers and restraints:
The call for water is rising, due to its fast urbanization, increasing economic expansion and increasing production. Several products are employed to satisfy the rising urge and to make sure customer safety. In addition to strict government rules on water TSS, the European water treatment market is also driven by increasing consumption.
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Report segmented as:
pH adjusters & softeners
biocides & disinfectants
scale inhibitors & dispersants
By end user:
oil and gas
On the basis of geography, the European water treatment chemicals market has been segregated into Germany, Paris, France, Italy, the United Kingdom and the rest of Europe. Fast escalation in the population together with scarcity in the pure & clean drinking water are the major factor responsible for the expansion of the market in the European region.
Important market players:
The major players operating in the market are Kemira Oyj, GE Water & Process Technologies, BASF SE, Ecolab Incorporated, BWA Water Additives, Cortec Corporation, The Dow Chemical Company, Buckman Laboratories International Inc., Solvay S.A., and AkzoNobel N.V.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for a better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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