Water treatment is the process that helps eradicate all kinds of impurities from water & make it fit for both industrial & domestic use. These treatments are performed through chemicals & specific treatment methods to eliminate suspended solids, viruses, fungi, algae, bacteria & hazardous elements from the water. Water & Waste Water Treatment chemicals are used widely across industries like Municipal, Oil & Gas, Power Generation, Petrochemicals, Metals & Mining, etc.
The MEA Water & Waste Water Treatment Chemicals Market is projected to grow at around 5% CAGR during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven by the rapidly increasing concerns over water contamination, improper treatment & disposal of waste from industries in water bodies, and the burgeoning demand for potable water by the rapidly growing population across the region.
Besides, the active participation of the leading players in surging the production of potable drinking water using the desalination process is another prominent aspect projected to drive the market through 2027. In addition, the growing focus of governments of different countries across the Middle East & Africa on developing central wastewater treatment units for several small & medium size manufacturers, and the mounting need to address concerns over the exhausting water resources across the region, are other crucial aspects propelling the demand for water treatment chemicals.
Among all, Saudi Arabia has the largest desalination capacity and is aiming to enhance the production of its Million Imperial Gallons a Day (MIGD) in the coming years, which would play a prominent role in augmenting the overall market growth in the coming years.
|Study Period||Historical Data: 2017-20|
|Base Year: 2021|
|Forecast Period: 2022-27|
|Regions Covered||Saudi Arabia, UAE, Oman, UAE, Turkey, Israel, South Africa, Egypt, Algeria|
|Key Companies Profiled||Al Jazira Water Treatment Chemicals, Ecolab Gulf FZE, Veolia Middle East, Metito (Overseas) Limited, Kurita Middle East FZE, Kemira, Culligan Middle East FZE, SUEZ, WETICO, Solenis|
|Unit Denominations||USD Million/Billion|
Impact of Covid-19 on the MEA Water & Waste Water Treatment Chemicals Market
The Covid-19 pandemic in 2020 had a decelerating impact on most industries, where the MEA Water & Waste Water Treatment Chemicals Market witnessed an upswing. The imposition of stringent movement restrictions & lockdowns led to escalated water consumption levels for maintaining hygiene, owing to which the demand for safe water surged rapidly amidst the crisis.
It, in turn, boosted the requirement to increase water treatment & utilize recycled water, i.e., propelling the need for water & wastewater treatment chemicals. Moreover, some studies indicated the presence of the RNA virus in wastewater, which further soared the need for massive research on finding new & suitable ways for wastewater treatment & disinfection methods, and positively influenced the need for treatment chemicals.
Nonetheless, this urgent need to focus on seeking wastewater treatment techniques to assess the possibility of SARS-CoV-2 transfer through wastewater played a crucial role in escalating the demand for treatment chemicals. Since the same trend is likely in the coming years, the market would witness an upswing in the coming years.