The increasing number of construction projects of electric power generation plants in the country has led to the generation of industrial waste water. The toxic impurities generated by the waste water tends to pollute the environment. Therefore, growing concerns for environmental pollution have led to water & waste water treatment process. Moreover, the growing concerns over water scarcity has boosted the establishment of desalination plants in the country thereby surging the demand for water treatment chemicals.
According to MarkNtel Advisors’ research report “Saudi Arabia Water Treatment Chemicals Market Analysis, 2020”, the water treatment chemicals market is projected to grow at a CAGR of around 7% during 2020-25. Saudi Arabia has launched “The Water Investment Forum 2016” that acts as a platform bringing together investors and key national and global water players in order to promote investment opportunities in the Kingdom. Moreover, Saudi Arabian government has plans to set up more desalination plants on Public Private Partnership (PPP) mode, owing to reduced burden on government investments. Therefore, the increasing investments towards water desalination are projected to add to the growing demand for water treatment chemicals in the forthcoming period.
As per MarkNtel Advisors’ study, the municipal sector grabbed a considerable market share in the Saudi Arabia water treatment chemicals market in 2019. The growing initiatives by the municipalities to build water & wastewater treatment plants is expected to strongly contribute to the growth of Saudi Arabia water treatment chemicals market. In 2019, the municipalities in Saudi Arabia achieved its target of treating 80% of its wastewater, growing from 77% in 2014. Moreover, the introduction of desalination plants powered by renewable resources has strongly contributed to the increasing demand for water & wastewater treatment chemicals.
The major players who has grabbed a considerable market share in the Saudi Arabia water treatment chemicals market include Al Jazira Water Treatment Chemicals, Ecolab, Veolia, Metito, Kurita, Kemira, Culligan, etc. In order to gain an advantage over their competitors, the companies are introducing new products. In 2019, Nalco Water introduced a chlorine dioxide product called LegionGuard™ LG25 which would reduce the waterborne pathogen Legionella pneumophila in drinking water.
"Saudi Arabia Water Treatment Chemicals Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the market potential, regional opportunities, key factors impacting sales and purchase decision, hotspots and opportunities available for water treatment chemicals firms across the globe. 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 competition assessment, formulation of Go to Market Strategies and identifying the blue ocean for their offerings.
1. By Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, Anti-Foaming Agents, Ph Adjusters & Stabilizers and Others)
2. By End Users (Municipal, Power, Oil & Gas, Mining, Chemical, Food & Beverage, Pulp & Paper and Others)
3. By Geographic Region (East, West, South, Central)
4. By Competitors (Al Jazira Water Treatment Chemicals, Ecolab, Veolia, Metito, Kurita, Kemira, Culligan, Others)
Key questions answered in the study:
1. What are the current and future trends of the Saudi Arabia water treatment chemicals market?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. What are the future plans and customer expectations of end-users across the country?
4. How the competition has been shaping across the countries followed by their comparative factorial indexing?
5. What are the key growth drivers and challenges for the Saudi Arabia water treatment chemicals market?
6. What are the customer orientation, purchase behavior, and expectations from the water treatment chemicals companies across various regions?