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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.
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:
List of Companies in the Water Clarifiers Market include:
Further Report Findings
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 |
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By Application |
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By Region |
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