According to the World Bank, the Middle East & Africa (MEA) region comprises 21% of the global population in 2019 and consists of only 10% of the freshwater resources. Africa consists of around 95% of the resources of MEA, while only 5% are found in the Middle East. Therefore, the region requires to re-utilize the resources in order to fulfill the demand for water.
The high water stress level of Middle East & North Africa has strongly contributed to the establishment of desalination plants in the countries. Saudi Arabia has planned to invest USD 24.3 billion for setting up desalination plants by 2020. Moreover, the governments are surging their focus on rehabilitation of existing water treatment facilities. Iran Vision 2025 provides an emphasis on rehabilitating older water and wastewater treatment facilities. Hence, the initiatives are anticipated to boost the demand for water & wastewater treatment chemicals in the forthcoming period.
According to MarkNtel Advisors’ research report “Middle East & Africa Water & Wastewater Treatment Chemicals Market Analysis, 2020”, the water & wastewater treatment chemicals is projected to register a CAGR of around 5% during 2020-25. The depleting freshwater reserves in the Middle East & Africa have led to the deployment of water & wastewater treatment plants which require chemicals such as coagulants, flocculants, biocides, scale & corrosion inhibitors, etc., to purify the water and remove impurities. Therefore, growing water scarcity is one of the major factors for the rising demand for water & wastewater treatment chemicals.
As per MarkNtel Advisors’ study, the Middle East & Africa water & wastewater treatment chemicals market is driven by the municipalities and the energy industry. The growing initiatives by the municipalities to build water & wastewater treatment plants is expected to strongly contribute to the growth of MEA water & wastewater 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. In 2019, Abu Dhabi planned to sign an agreement with Spanish company Abengoa for the construction of solar-powered desalination plant.
The companies capturing a substantial market share in the Middle East & Africa water & wastewater treatment chemicals market include Ecolab Gulf FZE, Veolia, Metito Limited, Kurita, Kemira, Culligan, SUEZ, etc. Several companies are signing contracts for the construction of desalination plants and wastewater treatment plants in the Middle East & Africa to expand their business in different countries. In 2018, Metito signed an agreement for the construction of the desalination plant in King Abdullah Economic City. The construction is expected to start in 2020 and would require 24 months for development. In 2019, Metito was awarded a project to establish a wastewater treatment plant and sewage network in the New Alamein City.
Middle East & Africa Water & Wastewater 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 & wastewater 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 would 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, Biocide & Disinfectants, Scale Inhibitors & Corrosion Inhibitors, pH adjuster, Defoamers, Others)
2. By End Users (Municipal, Oil & Gas, Power Generation, Petrochemicals, Metals & Mining, Others)
3. By Geographic Region (Middle East and Africa)
4. By Countries (South Africa, UAE, Saudi Arabia, Egypt, Oman, Turkey, Israel, Algeria, Others)
5. By Sales Channel (Direct Sales, Authorized Distributors)
6. By Competitors (Nalco (Ecolab), Veolia, Metito, Kurita, Culligan, Kemira Others)
Key questions answered in the study:
1. What are the current and future trends of the Middle East & Africa water & wastewater 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 globe?
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 Middle East & Africa water & wastewater treatment chemicals market?
6. What are the customer orientation, purchase behavior, and expectations from the water & wastewater treatment chemicals companies across various regions?