Market Trends of Germany Water Treatment Chemicals Industry
This section covers the major market trends shaping the Germany Water Treatment Chemicals Market according to our research experts:
Coagulants & Flocculants to Witness the Highest Growth Rate
- Flocculants are substances that promote the clumping of destabilized particles, which are obtained after being treated with coagulants; the coagulants neutralize the charge on colloidal particles responsible for keeping them apart.
- These agents promote flocculation by causing colloids and other suspended particles to aggregate and drop out of the liquid. Flocculants are used in various water treatment processes in numerous industries such as chemical processing, food & beverage, oil & gas and power generation among others.
- Municipal water treatment forms the largest market for flocculants. The growing water requirement of the country is likely to boost the consumption of coagulants and flocculants used in municipal industry.
- Hence, owing to the above-mentioned factors, Coagulants and flocculants are expected to witness the highest growth during the forecast period.
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Power Industry to Dominate the Market
- Power generation industry is currently occupying the major share of the Germany water treatment chemicals market. The electric power generation industry is one of the major sources of industrial wastewater.
- Most electric power generation plants require water for their day-to-day operations. Hydropower plants use water directly to generate power. Overall, the electric power generation industry is one of the biggest consumers of water worldwide.
- Their wastewater contains significant levels of toxic metal impurities, such as lead, mercury, arsenic, chromium, and cadmium, among others. These impurities can cause significant damage to environment, if not treated properly.
- The growing electricity demand is likely to drive the electricity generated in Germany which in turn is likely to boost the demand for water treatment chemicals in the country.
- Hence, owing to the above-mentioned factors, power generation industry is likely to dominate the market during the forecast period.
