The UK water treatment chemicals market is expected to witness a CAGR of 4.58% during the forecast period, majorly driven by government regulations to control produced and wastewater disposal. The increasing demand to treat wastewater produced from power industry is also likely to stimulate the market.
In United Kingdom, there are various government bodies and organizations responsible for drinking water, wastewater and reuse regulation, such as DW, SEPA, Ofwat to efficiently meet the growing demands for water in the country. The Scottish Environment Protection Agency (SEPA) regulates the treatment and discharge of municipal and industrial wastewater through permitting and monitoring systems. Wastewater standards in UK are detailed under Water Resources Act 1991. With the adequate inspection by the authorities to treat wastewater, the demand for treatment chemicals is likely to grow in the coming years.
Power industry is expected to dominate the UK water treatment chemicals market, accounting for more than one-fourth of the market share. Cooling towers represent the largest use of water in the electric power industry. The solutions are coming up to enable more efficient treatment and greater water recovery and reuse. The municipal industry is expected to grow at a high rate in the water treatment chemicals market in United Kingdom with increasing need to provide clean drinking water to meet the challenges of unpredictable rainfall.
In terms of consumption in 2017, corrosion inhibitors held a largest market share, accounting for more than one-fifth of the market share in United Kingdom. These inhibitors are also used in cooling water treatment to ensure metal protection and prevent metal loss, which may lead to critical system failures in recirculating water piping, process cooling equipment, and heat exchangers. Flocculants and coagulants are expected to witness the highest growth with huge demand from oil & gas industry due to shale production.
Major Players: Ecolab, Kemira, Solenis, BASF SE and Lonza amongst others.
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