The Australia water treatment chemicals market is estimated to be worth USD 801.82 million in 2018 and is expected to expand at a CAGR of 6.15% during the forecast period, 2018 - 2023. The increasing production of biosolids and biogas from wastewater treatment plants and the technological developments for adaptation to the erratic climatic changes are expected to offer various opportunities for the water treatment chemical market in the country.
With the industrial growth in the country, the demand for reliable regulatory reforms for efficient industrial wastewater management is increasing. Additionally, there is a scarcity of clean water due to the rapidly diminishing freshwater resources is another major factor which is driving the demand for industrial wastewater treatment solutions. Furthermore, a consistent increase in the industrial activity and a growing population augment the demand for clean water, which has resulted in an enhancing the demand for water and water-treatment technologies. The country has set a few guidelines given by Environmental Protection Agency (EPA) Australia and other regulatory bodies to maintain the quality of water and water-treatment solutions. The pollution can contaminate water so severely that water will no longer be usable without intense clean-ups. Considering these factors, the government of Australia has imposed strict rules on industries in a bid to protect the environment.
The growing population of the country leads to an increasing demand for urban water. Majority of country’s natural water resources have already reached allocation limit and to meet the competing water demand in the future, the industry requires innovation and economic valuation of water and co-operation across sectors. Apart from the Australian government, there are companies that provide water treatment solution in the country, such as SNF Australia, Wastewater Australia Pty Ltd, Seuz Water & Treatment Solutions Pty Ltd, and Melbourne Water, amongst others. These companies are mainly engaged in providing water treatment chemicals for municipal water treatment application.
Major Players: Veolia, Ixom, BASF SE, Kemira, Coogee Chemicals, and DuDowPont, among others.
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