Qatar has one of the highest per capita use of domestic water consumption rates in the world, with approximately 430 liters of water per day on average. The Qatar Water Treatment Specialty Chemicals market is estimated to grow at an exponential rate over the forecast period. The surging demand for water due to a growing population, introduction of various desalination plants, robust urbanization, and setup of various production facilities in the end-user industries such as oil & gas, food & beverages and mining are leading to a significant impact toward the market growth.
According to MarkNtel Advisors’ research report “Qatar Water Treatment Specialty Chemicals Market Analysis, 2020”, the Qatar Water Treatment Specialty Chemicals market is anticipated to grow at a considerable CAGR during 2020-25. Based on type, the coagulants & flocculants segment is anticipated to attain the highest CAGR during 2020-25. The growth of the segment is attributed to burgeoning applications of the water treatment specialty chemicals in verticals such as municipal, oil & gas plants, and food & beverages for water treatment processes as these chemicals remove 90% of the suspended solid particles from the wastewater at treatment process.
“Qatar Water Treatment Specialty Chemicals Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for Water Treatment Specialty Chemicals providers across the country. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Municipal Segment Acquired Significant Market Share
Based on end user, municipal acquired the considerable market share in the Qatar water treatment specialty chemical market in 2019 on an account of rising levels in scarcity of clean water, growing population, and generating of wastewater from various industries, which are propelling the demand for water treatment specialty chemical.
Moreover, oil and gas is also emerging as a prominent end-use segment on an account of subsequent increase in the consumption of water in oil refineries and generation of high wastewater generation which are key factors in augmenting the demand for chemical for the treatment of water. Thus, this is anticipated to boost the growth of Qatar Water Treatment Specialty Chemicals market in the forthcoming period as stated in MarkNtel Advisors’ research report “Qatar Water Treatment Specialty Chemicals Market Analysis, 2020”.
According to MarkNtel Advisors, the key players with a considerable market share in the Qatar Water Treatment Specialty Chemicals market are NEXT water solutions, Ecolab, Veolia, Metito, Kurita, Kemira, Culligan, UniChem etc.
Key questions answered in the study