Market Research Report
Middle East Water Treatment Chemical Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||702354|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Middle East Water Treatment Chemical Market Analysis, 2013-2023|
|Published: August 1, 2018||Content info: 120 Pages||
Due to the rising demand for potable water for human and industrial consumption, the demand for water treatment chemicals has been rising significantly in the middle east region. Middle east region is attributed as one of the driest regions in the world and has less than 1% of the renewable water supply of the world. With the rise in population, demand for agricultural and industrial goods has increased significantly which ends up consuming more than 80% of the freshwater resources.
With rising demand for water treatment, a large quantity of water was being wasted, in light of this development latest technologies were introduced to process wastewater from industrial and municipal sources as well as for desalination of sea water. This trend has given significant rise to the demand for water treatment chemicals in the region with coagulants & flocculants being the most prominently used variants.
The report on Middle East water treatment chemicals is based on 220 hours of secondary and primary research done by the analysts at Market Krystal. As per the report, the demand for water treatment chemicals in Middle East region has been pegged at US $ XXXX million in 2017 and is expected to reach the levels of US $ XXXX by 2025, registering into a CAGR of XXX % over the seven-year period. Saudi Arabia is the biggest market for water treatment chemicals in the region, followed by UAE and other GCC countries (Gulf Cooperation Council).
The primary growth driver behind the rising demand for water treatment chemicals in the region is the increasing industrial activity across the Middle East region requires significant quantities of water treatment chemicals to make the water usable. Water treatment plants set up by the municipal corporations in the middle east countries need these chemicals to ensure a steady supply of water to consumers. Also, with many people involved in agriculture, fresh water supply is essential to ensure good quality product, and many desalination plants have been set up to meet the rising demand for water. They require a regular supply of water treatment chemicals for running. The only restraint that the water treatment chemical industry faces in the region is the dwindling prices due to a shortage of supply.
The major players who influence the market for water treatment chemicals in the region are Dow, BASF, Arkema, and SNF group.
The research process at Market Krystal begins with the bifurcation of water treatment chemical market into smaller segments, followed by tracking the factors affecting each segment of the market. All types of water treatment chemical were tracked for different end-use industries across different countries of Middle East. The findings were validated by conducting interviews with business leaders from diverse background.