GCC Water and Waste Water Treatment Chemicals Market - Estimation and Forecast (2010-2020)

Bloomington, MN, October 30, 2015 (Newswire.com) - According to the GCC water & wastewater treatment (W&WWT) chemicals market report by BIS Research, the market is anticipated to experience growth at an estimated CAGR of 17.68% through 2015-2020. Market for water & wastewater treatment chemicals in the GCC region is driven by depleting water reserves and harsh climatic conditions. The water treatment chemicals are consumed for production of potable drinking water in desalination process along with industrial process water. Water participates in various industries which depends heavily on water for its processes mainly oil & gas, refineries, chemicals and fertilizer industry, power plants, food and beverages, mining and metals among others.

As per the report, during 2015-2020, desalination of seawater would be the sole source of potable drinking water in the region. Municipal water treatment application occupies 80.43% of the total water & wastewater treatment chemicals market. In the forecast period, the application would lead to revenue generation of $2.2 billion by 2020, owing to a growing demand of drinking water. Saudi Arabia has the largest desalination capacity in the world, contributing to being the largest consumption of water treatment chemicals. Saudi Arabia is expected to continue its dominance in the forecast period owing to an increasing potable water demand.

According to the GCC water & wastewater treatment (W&WWT) chemicals market report by BIS Research, the market is anticipated to experience growth at an estimated CAGR of 17.68% through 2015-2020.

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GCC has witnessed burgeoning growth in the production of petrochemicals and downstream chemicals, along with construction chemicals, fertilizers and mining. Burgeoning growth in water intensive industry continues to pave path for water treatment chemicals. Also, government initiative for privatization in water industry and subsidized power and water supply continues to propel water treatment industry in the country. Nalco Ecolab dominates the municipal and industrial water and waste water treatment chemicals market in GCC. Increasing demand for specialty chemicals will propel market share of Nalco Ecolab in GCC, as the company manufactures specialty water treatment chemicals.

The report also estimates, forecasts and analyses the total market size of GCC water & wastewater treatment chemicals on the basis of types of chemicals, application, end user industry, and country and competitor analysis. The report along gives a comprehensive study on regional analysis by the six GCC countries, Saudi Arabia, Oman, Bahrain, Kuwait, UAE and Qatar. Finally, the report also contains estimation of revenues for major market leaders along with their revenue generation from industrial and municipal customers. Competitive landscape provides brief about the market leaders which would help in understanding the company’s financial details, product portfolio and upcoming developments in the industry.

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BIS Research publishes in-depth market intelligence reports focusing on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data and other important market parameters useful in the strategic decision making for senior management. BIS Research provides multi-client reports, company profiles, databases, and custom research services.

The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BIS Research as of the date of such statements, are inherently subject to market fluctuations and business, economic and competitive uncertainties and contingencies