Middle East & Africa Cooling Water Treatment Chemicals Market
No. of Pages: 89 | Report Code: BMIRE00030445 | Category: Chemicals and Materials
No. of Pages: 89 | Report Code: BMIRE00030445 | Category: Chemicals and Materials
The Middle East & Africa cooling water treatment chemicals market was valued at US$ 474.86 million in 2022 and is expected to reach US$ 731.58 million by 2030; it is estimated to register a CAGR of 5.6% from 2022 to 2030.Shifting Focus Toward Green Chemicals Bolsters Middle East & Africa Cooling Water Treatment Chemicals Market
The chemicals used in various industries for water treatment harm the environment to a great extent and lead to severe health hazards among people exposed to them. Industries are seeking ways to improve their operations and make them eco-friendly. Rising awareness about global warming and other environmental issues has forced several industries to shift their focus toward safer options. This has encouraged manufacturers of water treatment chemicals to innovate and develop more sustainable and reliable products. Green chemicals are extracted from vegetables and renewable feedstock, and they make use of the chemical and colloidal properties of certain plant extracts. They don't exhibit harmful side effects on humans and are biodegradable. Green chemicals have functionality that is equivalent to synthetic ones. Thus, manufacturers providing water treatment chemicals are expanding their product lines with these green chemicals.Middle East & Africa Cooling Water Treatment Chemicals Market Overview
South Africa, Saudi Arabia, and the UAE are the major countries in the Middle East & Africa. Several domestic and international companies have a strong foothold in the Middle East & Africa. The UAE is a major market for cooling water treatment chemicals in this region, followed by Saudi Arabia. Effective manufacturing and trade policies largely contribute to the flourishing of the industrial sector in the region, which eventually supports the growth of the cooling water treatment chemicals market. Rapid industrialization, increasing population, and changing climatic conditions, along with the growing water scarcity problems, have triggered the necessity to reuse wastewater in the Middle East. The growing preference for saline water treatment to cater to the increasing demand for water in industries is further anticipated to drive the market for cooling water treatment chemicals in the Middle East during the forecast period.
Cooling water treatment chemicals play a key role in industries such as power, petrochemicals, oil & gas, and food & beverages. Strict government regulations regulating the treatment of industrial and municipal wastewater trigger the demand for cooling water treatment chemicals in the Middle East & Africa. Groundwater reduction and contamination are among the major concerns faced by governments of Middle Eastern countries. As a result, they have enforced restrictions and limitations on the use of groundwater. Industrial plant setup costs are dropping in the region because governments are providing incentives to build wastewater treatment plants as a part of efforts to discourage the utilization of groundwater. Emerging technologies such as advanced oxidation processes (AOPs), membrane filtration, and UV irradiation are being used on a large scale for treating industrial water in the Middle East. Therefore, the rising installation of water treatment systems in the Middle East & Africa is propelling the demand for cooling water treatment chemicals.
Middle East & Africa Cooling Water Treatment Chemicals Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Cooling Water Treatment Chemicals provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Cooling Water Treatment Chemicals refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report Middle East & Africa Cooling Water Treatment Chemicals Strategic Insights
Get more information on this report Middle East & Africa Cooling Water Treatment Chemicals Report Scope
Report Attribute
Details
Market size in 2022
US$ 474.86 Million
Market Size by 2030
US$ 731.58 Million
Global CAGR (2022 - 2030)
5.6%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By End Use
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Get more information on this report Middle East & Africa Cooling Water Treatment Chemicals Regional Insights
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Middle East & Africa Cooling Water Treatment Chemicals Market Segmentation
The Middle East & Africa cooling water treatment chemicals market is categorized into type, end use, and country.
Based on type, the Middle East & Africa cooling water treatment chemicals market is segmented into scale inhibitor, corrosion inhibitor, biocide, and others. The scale inhibitor segment held the largest market share in 2022.
In terms of end use, the Middle East & Africa cooling water treatment chemicals market is segmented into power; steel, mining, and metallurgy; petrochemicals, oil, and gas; food and beverages; textile; and others. The power segment held the largest market share in 2022.
By country, the Middle East & Africa cooling water treatment chemicals market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa cooling water treatment chemicals market share in 2022.
Albemarle Corp, Buckman Laboratories lnternational Inc, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA are some of the leading companies operating in the Middle East & Africa cooling water treatment chemicals market.
1. Albemarle Corp
2. Buckman Laboratories lnternational Inc
3. Ecolab Inc
4. Kemira Oyj
5. Kurita Water Industries Ltd
6. Veolia Water Solutions & Technologies SA
The Middle East & Africa Cooling Water Treatment Chemicals Market is valued at US$ 474.86 Million in 2022, it is projected to reach US$ 731.58 Million by 2030.
As per our report Middle East & Africa Cooling Water Treatment Chemicals Market, the market size is valued at US$ 474.86 Million in 2022, projecting it to reach US$ 731.58 Million by 2030. This translates to a CAGR of approximately 5.6% during the forecast period.
The Middle East & Africa Cooling Water Treatment Chemicals Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Cooling Water Treatment Chemicals Market report:
The Middle East & Africa Cooling Water Treatment Chemicals Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Cooling Water Treatment Chemicals Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Cooling Water Treatment Chemicals Market value chain can benefit from the information contained in a comprehensive market report.
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