Albany, NY, April 13, 2015 (GLOBE NEWSWIRE) -- According to the report, the global industrial sludge treatment chemicals market was valued at USD 4.09 billion in 2013 and is expected to reach USD 6.07 billion by 2020, expanding at a CAGR of 5.8% from 2014 to 2020.
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Rising global industrialization is expected to boost the worldwide industrial sludge treatment chemicals market in the near future. Emerging economies in Asia Pacific, Latin America and Eastern Europe have made significant contributions to global industrialization in the past decade. However, the availability of high-performance sludge treatment technologies is likely to hamper market growth. Development of cost-effective and innovative industrial sludge treatment chemicals is anticipated to provide growth opportunities for players in the market.
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Activated sludge emerged as the largest type of sludge, accounting for over 46% of the global industrial sludge treatment chemicals market in 2013. It is anticipated to remain the largest type of sludge in the near future. Flocculants was the largest type of process chemical in the global industrial sludge treatment chemicals market in 2013. It accounted for approximately 36% in 2013 and is estimated to be the fastest growing process chemical during the forecast period. Conditioning and stabilization was the largest process treatment segment in the global industrial sludge treatment chemicals market in 2013. Food & beverages was the largest sludge producing end-use industry in the global industrial sludge treatment chemicals market in 2013. Its market share is expected to increase during the forecast period. Personal care & chemicals was the second-largest end-use industry segment in 2013. The industry is anticipated to record the fastest growth rate in the next few years.
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North America dominated the global industrial sludge treatment chemicals market, with market share of over 30% in terms of revenue in 2013. Increase in the number of environmental standards and strict implementation policies are likely to drive the industrial sludge treatment chemicals market in the region. Asia Pacific followed North America in terms of revenue in 2013. The region is expected to grow at the fastest rate, expanding at a CAGR of over 6% between 2014 and 2020. Europe was the third-largest market in the global industrial sludge treatment chemicals market in 2013. The region is estimated to exhibit moderate growth rate due to the adoption of advanced sludge treatment technologies such as membrane bioreactor technology.
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The global industrial sludge treatment chemicals market is highly consolidated, with few companies dominating the market. Key players in the market include Ashland Inc., BASF SE, GE Water & Process Technologies, Kemira Oyj, Kurita Water Industries Ltd., Nalco Holding Co., The Dow Chemical Company, Ovivo Water Ltd., Solvay S.A., and Accepta.
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This report segments the global industrial sludge treatment chemicals market as follows:
Industrial Sludge Treatment Chemicals Market - Sludge Type Analysis
- Activated sludge
- Primary sludge
- Mixed sludge
- Others (Including tertiary sludge, etc.)
Industrial Sludge Treatment Chemicals Market - Process Chemicals Analysis
- Others (Including activated carbon, defoamers, etc.)
Industrial Sludge Treatment Chemicals Market - Process Treatment Analysis
- Dewatering and drying treatment
- Conditioning and stabilization treatment
- Thickening treatment
- Digestion treatment
Industrial Sludge Treatment Chemicals Market - End-Use Industries Analysis
- Oil & gas
- Metal processing
- Food & beverage
- Pulp & paper
- Personal care & chemicals
- Others (Including textiles, paints & coatings, etc.)
Industrial Sludge Treatment Chemicals Market - Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
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