ACCESS Newswire
25 Jun 2020, 16:31 GMT+10
Companies producing membrane chemicals are seeking growth opportunities in waste water treatment applications, to sustain operations through the end of the COVID-19 pandemic
DUBAI, UAE / ACCESSWIRE / June 25, 2020 / The global pandemic has had a major impact on the global economy and industrial activities on a global scale. Drop in new orders, disrupted supply chains, and lack of workers has impacted operations, and reduced the demand for membrane chemicals in the short term. Despite these factors, according to a recent FMI report, the membrane chemicals market is anticipated to rise at a impressive 8.1% CAGR through the end of the projection period in 2030.
Water intensive applications such as that of waste water treatment plants and smart water grids continue to drive the demand for membrane chemicals even during the pandemic period. Demand for membrane chemicals is expected to surge once industrial restrictions are relaxed towards the end of 2020.
'Membrane chemical manufacturers are increasingly pushing to provide customized products and solutions on the basis of the chemistry of feedwater, treatment objectives and operational constraints, without impacting the necessary water quality parameters. These trends will help the market to sustain revenue streams through the end of the COVID-19 crisis,' says the FMI analyst.
Request a report sample to gain market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-289
Membrane Chemicals Market - Major Takeaways
Membrane Chemicals Market - Top Driving Factors
Membrane Chemicals Market - Key Constraints
Anticipated Impact on Market by Coronavirus Outbreak
The global pandemic has had a severe impact on industrial activities. This trend has reduced the demand for membrane chemicals, which are commonly used in water-dependent processes. In addition, restrictions on international trade will also generate supply chain disruptions. This is a key factor affecting market developments negatively, especially in the manufacturing sector, through the duration of the coronavirus outbreak.
On the other hand, essential operations of potable water supply and waste water treatment will continue to generate demand for membrane chemicals even during the crisis period. These trends will help to partially mitigate the losses in the industry during the pandemic. Membrane chemicals will witness a resurgence in applications once pandemic restrictions are removed.
The membrane chemicals market report includes 42 figures, 8 data tables and a table of contents. You can also read about market segmentation on https://www.futuremarketinsights.com/request-special-price/rep-gb-289
Competition Landscape
Players in the membrane chemicals market include but are not limited to Veolia, Evoqua Water Technologies LLC, SOLENIS, Kurita Water Industries Ltd., and SUEZ. Leading players are investing in research and development to improve on product functionality and portfolio.
For instance, American Water Chemicals is has come up with specialized reverse osmosis and nanofiltration chemicals for desalination applications. Further, Indian researchers have come up with nanomaterial membrane chemicals to combat anti-biotic resistance of microbes.
More About the Report
FMI's market research report gives exhaustive insights on membrane chemicals market. The market is analyzed in terms of membrane types (reverse osmosis, ultrafiltration, nano filtration, and microfiltration), material type (scale inhibitors, biocides, dechlorinants, pH adjusters, biocides, flocculants, and coagulants) and end use (municipal, power, food & beverage, chemicals, desalination, pharmaceuticals, paper, and others) across six key regions (North America, Latin America, East Europe, West Europe, Asia Pacific, and Middle East and Africa).
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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Market Report: https://www.futuremarketinsights.com/reports/membrane-chemicals-market
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SOURCE: Future Market Insights
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