Wastewater Treatment Chemicals Market

Vijay Ovhal
Vijay Ovhal 2/2/2023 11:15:22 AM

Wastewater Treatment Chemicals Market for Phosphorus Removal
Application Trends, Size and Forecast 2030

The wastewater treatment chemicals market for phosphorus
removal application is projected to witness considerable growth over 2030.
Driven by a rapid shift toward environmentally friendly manufacturing
practices, and implementation of waste management processes, the demand for
wastewater treatment chemicals is likely to escalate in the coming years.

With a growing focus on innovative technologies, several
industry players are ramping up efforts to upgrade their product portfolio
through collaborations. For instance, in June 2022, Kemira announced a
partnership with Veolia to assess the new phosphorus recovery technology,
called ViviMag™. The patented technology is designed to recover iron,
phosphorus, and other valuable resources from sewage sludge.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/5343

Furthermore, increasing government efforts to boost
treatment capabilities and investments in wastewater treatment plants will
favor a positive industry outlook. In August 2022, the government of Canada
announced an investment worth more than $34 million in the development of 10
wastewater & waste management projects in Manitoba province.

Meanwhile, in September 2022, New York State officials
declared an investment of more than $232 million to support water & sewer
infrastructure projects across seven municipalities. Such initiatives are
introducing grants and low-cost funding programs to strengthen water infrastructure,
which is expected to complement the business scenario.

The wastewater treatment chemicals market for phosphorus
removal application is segmented into product, end-use, and region.

Based on product, the industry is classified into ferric
sulfate, ferrous chloride, ferrous sulfate, sodium aluminate, polyaluminum
chloride (PAC), aluminum chlorohydrate (ACH), and aluminum sulfate (alum). The
ferric sulfate segment is anticipated to witness over 9% CAGR from 2022-2030.
Ferric sulfate is a water-insoluble yellow crystalline solid, hygroscopic in
nature sourced from lausenite, mikasaite, and kornelite. It is also popularly
used in skincare products due to its styptic characteristics and in the textiles
industry for dying & calico printing of fabrics.

Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/wastewater-treatment-chemicals-market-for-phosphorus-removal-application

With respect to end-use, the market is bifurcated into
municipal and industrial. The industrial segment is further categorized into oil
& gas, agrochemical, food & beverages, mining, chemicals,
pharmaceutical, iron & steel, and power generation. The wastewater
treatment chemicals market for phosphorus removal application from
agrochemicals accounted for over USD 700 million in 2021.

The segment is expected to grow at a sustainable rate owing
to rapidly declining fresh water supplies and high demand for agricultural
water. Agriculture is a water-intensive industry and therefore needs water
treatment chemicals to address avoid the use of polluted water. Surging
agricultural output, high consumption of fertilizers, and growing pressure on
productivity are some of the key parameters consolidating segment growth.

The Latin America wastewater treatment chemicals market for
phosphorus removal application is expected to expand at a CAGR of over 9% by
2030. The increasing demand for water treatment chemicals in the region can be
attributed to the deployment of strict environmental standards. New sewage
treatment projects established to recover the quality and life of water bodies
as well as municipal and business infrastructures will offer a lucrative scope
for industry players in LATAM.

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.

Vijay Ovhal
Written by

Vijay Ovhal

Post a comment