Return to: Business NewsMiddle East Industrial Water Treatment Chemicals Market Worth $1.8 Billion By 2025The Middle East industrial water treatment chemicals market size is expected to reach USD 1.80 billion by 2025, registering a CAGR of 4.5% from 2019 to 2025, according to a new report by Grand View Research Inc. The Middle East is known for a large number of oil refineries present in the region. The growing need for chemicals for the treatment of the large volumes of wastewater these refineries tend to diffuse is expected to drive the growth of the market for industrial wastewater treatment chemicals in the Middle East. Raw materials account for approximately 50% of the costs incurred in manufacturing industrial wastewater treatment chemicals. Moreover, the cost of switching between distinguished raw material suppliers happens to be moderate, which means the bargaining power of raw material suppliers can be considered as medium. Hence, companies are either forward integrating or backward integrating to reduce production costs and remain competitive in the market. Policies being implemented by various countries in the Middle East to ensure proper usage of industrial wastewater treatment chemicals are expected to drive the growth of the market. For instance, Azerbaijan is implementing the National Policy Dialogues (NPD) on water supply and sanitation (WSS) and integrated water resources management (IWRM). Funded by Europe, the policy focuses on the development of a government strategy for effective management of water resources. For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/middle-east-industrial-water-treatment-chemicals-market Research and development activities aimed at effective treatment of the wastewater diffused by industries are anticipated to drive the growth of the market. Market players are particularly trying to develop advanced membranes that can operate at higher temperatures and lower pressures. For instance, adsorption desalination (AD) happens to be an energy-efficient process that can utilize waste heat as well as solar energy for desalination. Further key findings from the report suggest: • The water desalination segment accounted for a market share of 17.2% by revenue in 2018 owing to its rising use for the treatment of industrial wastewater in the Middle East • Cooling water treatment is used to prevent the contaminants in feedwater, circulation water, and blowdown water from damaging the cooling tower components • The UAE has adopted the Green Agenda to reduce carbon emissions from industries and to encourage sustainability as part of the efforts toward environmental protection • Azerbaijan is continuously implementing innovative solutions for effective treatment of industrial wastewater and processing of rainwater • SUEZ, Kurita, and Kemira are among the key players in the Middle East industrial water treatment chemicals market. To request Research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/middle-east-industrial-water-treatment-chemicals-market/request/rs1 Grand View Research has segmented the Middle East industrial water treatment chemicals market on the basis of application and regions: Middle East Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Raw Water Treatment • Water Desalination • Cooling Water Treatment • Boiler Water Treatment • Effluent Water Treatment • Others Middle East Industrial Water Treatment Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025) • Azerbaijan • Uzbekistan • Turkey • Turkmenistan • Iran • Kazakhstan • Georgia For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/6700/ibb About Grand View Research Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportuni ... News Release: Middle East Industrial Water Treatment Chemicals Market Worth $1.8 Billion By 2025 Submitted on: July 20, 2020 07:12:10 AM Submitted by: sitakant On behalf of: www.prhub.com |