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Industrial Sludge Treatment Chemicals Market Size
- Report ID: GMI2179
- Published Date: Oct 2017
- Report Format: PDF
Industrial Sludge Treatment Chemicals Market Size
Industrial Sludge Treatment Chemicals Market size was valued at $4.5 billion in 2016 and is expected to reach $7.5 billion by 2024 growing at a CAGR of around 6% from 2017 to 2024. Increasing need for sludge removal will fuel the global market demand in coming years.
Wastewater treatment process generates huge amounts of industrial sludge. Different industries, especially in the manufacturing sector, release wastewater in large amounts which contain chemical constituents and microorganisms. This water is reduced through various processes to form sludge which further undergoes treatment for volume reduction, stability, and safe disposal. It also helps to minimize the pathogen content in the sludge which renders safe disposal.
Development in new sludge removal technologies such as automated chemostat treatment (ACT), KemiCond process, and extracellular polymers extraction from activated sludge with the help of cation exchange resin will drive the industrial sludge treatment chemicals market share in the forthcoming years. ACT simplifies the process treatment by reducing chemical usage and bio sludge as well as black sludge reduction making it a novel method for sludge treatment.
KemiCond process is further divided into three steps, namely, acidification, oxidation, and flocculation. This enables the dewatering by breaking down the water and retaining structures formed in the sludge. Development of such innovative and cost-effective solutions is likely to propel the industrial sludge treatment chemicals market demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2016 |
| Industrial Sludge Treatment Chemicals Market Size in 2016: | 4.5 Billion (USD) |
| Forecast Period: | 2017 to 2024 |
| Forecast Period 2017 to 2024 CAGR: | 6% |
| 2024 Value Projection: | 7.5 Billion (USD) |
| Historical Data for: | 2013 to 2016 |
| No. of Pages: | 230 |
| Tables, Charts & Figures: | 278 |
| Segments covered: | Sludge Type, Process Treatment, Process Chemicals, End-user and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Increasing development in machinery and other processes for environmental concerns is on a rise owing to government regulations. Improvement and integrated mechanisms in wastewater treatment plants such as uncoupled metabolism, endogenous metabolism, microbial predation, to produce lesser sludge might create hindrance for the industrial sludge treatment chemicals market value in future years.
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Industrial Sludge Treatment Chemicals Market Scope
