Water Clarifiers Market to Reach USD 9.66 Billion by 2026; Stringent Regulations Imposed on Discharge of Specific Solutes to Water Bodies will Help Market Gain Impetus

March 25, 2020 | Energy & Power

The global water clarifiers market size is foreseen to reach USD 9.66 billion by 2026, driven by factors such as increasing need for clear water to suffice to the needs of the growing population in terms of food, energy, and sustenance. Water clarifiers are settling tanks where it is treated with various chemicals and sedimentation processes to achieve it back in a clean form. A recently published report by Fortune Business Insights™ titled, “Water Clarifiers Market Size, Share, and Industry Analysis, by Type (Flocculants, Organic Coagulants, Inorganic Coagulants, Ph Stabilizers), By Application (Municipal, Pulp & Paper, Textiles, Petrochemicals, Metals & Mining, Others), and Regional Forecast, 2019-2026.” predicts that the market value stood at USD 5.62 billion in 2018 and will rise at a CAGR of 7.1% between 2019 and 2026.



  • A ten-year-long contract worth $20 million was signed between PBF Energy and MPW Industrial Services on July 5th, 2019, under which MPW will provide industrial water to the 189,000-barrel-per-day oil and heavy crude refinery located in Chalmette, Louisiana belonging to PBF.

  • Jurita Water Industries and Avista Technologies join hands in agreement on July 2019 for formulating and supplying RO specialty chemicals along with membrane-based water treatment systems. Kurita chalks out plans to strengthen its product portfolio by improving its technical services offering concerning RO membranes. Such initiatives will help attract high water clarifier market revenue in the near future.


Drivers Increasing Demand from Various Industries will Drive Market


The increasing population, rising demand for water has propelled the need for recycling, and this stands as a significant growth driver. This, coupled with the growing number of wastewater management treatment utilities all around the world, will also boost water the clarifiers market growth. Additionally, water clarifier destroy harmful substances present in the body such as metals, lead, nitrate, arsenic, and others, and this is further attracting the high water clarifiers market revenue. Moreover, governments imposing stringent regulations on mandating specific solutes to water bodies for clarification are boosting the market.


On the contrary, the initial investment of wastewater treatment plants is expensive, and this may cause significant hindrance to the growth of the market. Furthermore, the increasing popularity of alternative wastewater treatment may also challenge the market in terms of revenue generation. Nevertheless, increasing the need for water to serve various residential and industrial purposes is likely to aid in the expansion of the market in the coming years.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/water-clarifiers-market-102531


Enhancement of Portfolio – Major Objective of Players to Attain Top Position in Market


Currently, the global water clarifier market is dominated by SUEZ and Evoqua. This is attributable to the presence of a variety of clarifiers such as dissolved air floatation, ballasted, rectangular, circular, and others. Besides this, other water clarifiers market manufacturers are adopting strategies such as joint ventures, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market competition. Furthermore, players such as Westech Engineering, Inc., Murugappa Organo Water Solutions Private Limited (mows), and Veolia Water Technologies are improving their portfolios. They are striving for a prominent position in the market.


Key Industry Developments of Water Clarifiers Market include:



  • January 2020 – Evoqua Water Technologies, and Nittany Engineering and Associates, in collaboration with their sales partner Riordan Materials Corporation, completed the up-gradation work of the wastewater treatment plant at Bellefonte Borough Authority (BBA). This plant now has a maximum capacity of treating 3.2 million gallons daily.


List of Companies in the Water Clarifiers Market include:



  • Lakeside Equipment Corporation (USA)

  • Kurita Water Industries Ltd. (Japan)

  • IXOM (Australia)

  • SUEZ (France)

  • Murugappa Organo Water Solutions Private Limited (MOWS) (India)

  • Hydro International UK Ltd (UK)

  • Evoqua Water Technologies LLC (USA)

  • Shri Rajhans Engineering Works (India)

  • Veolia Water Technologies (France)

  • Spacetech Equipments & Structurally Private Limited. (India)

  • CHENNAI EQUIPMENTS & SYSTEMS PVT LTD (India)

  • Feralco AB (Sweden)

  • Parkson Corporation (USA)

  • WesTech Engineering, Inc. (USA)


Further Report Findings



  • North America emerged dominant with a revenue of USD 1.81 billion in 2018 on account of the presence of the majority of players in the market, coupled with the first implication of wastewater treatment technology in the region.

  • Concerning segmentation by application, the market is dominated by the municipal segment with a 30.5% market share. 


Global Water Clarifiers Market is categorized in the following manner:










































 ATTRIBUTE



 DETAILS



Study Period



2015-2026



Base Year



2018



Forecast Period



2019-2026



Historical Period



2015-2017



Unit



Value (USD Billion)



By Type




  • Flocculants

  • Organic Coagulants

  • Inorganic Coagulants

  • Ph Stabilizers



By Application




  • Municipal

  • Pulp & Paper

  • Textiles

  • Petrochemicals

  • Metals & Mining

  • Others



By Region




  • North America (the U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and the Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and the Rest of Latin America)


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