World demand for water treatment chemicals is forecast to rise almost six percent per year to nearly $31 billion in 2017. Demand will be driven by rising water quality standards in manufacturing and other industrial applications, expanded access to safe drinking water in underserved regions, and a shift toward higher value chemicals with improved performance and/or environmental profiles, particularly in developed countries. Advances will be the fastest in developing parts of the world due to healthy economic growth and tightening environmental regulations. However, despite the shift in demand toward higher cost products, increases in developed countries will be tempered by greater competition between chemicals and equipment.
Rising water quality standards to drive growth in developing regions
In developing regions, rising standards for industrial water quality and the adoption of more complex manufacturing processes, along with healthy economic expansion, will drive strong growth in demand for water treatment chemicals (http://www.bharatbook.com/
Growing environmental concerns and increased efforts to modernize municipal water treatment facilities will also support demand for water treatment chemicals in developing areas, as regulations regarding wastewater management and municipal water standards become more stringent. In many developing areas, where wastewater management has historically received less attention than process or supply water treatment, new wastewater quality requirements will promote increased use of water treatment chemicals to remove pollutants before wastewater is discharged to the environment or is reused. Increased investments in municipal water infrastructure in developing countries will also boost higher demand for water treatment chemicals, as governments seek to improve access to safe drinking water supplies and sanitation facilities.
Water treatment equipment to have mixed impact on chemical demand
In developed regions where the utilization of water treatment chemicals is well established, growth in demand for water treatment chemicals is expected to be more moderate and the shift in product mix will be more complex.
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