Africa Water Treatment Chemicals Market

Africa Water Treatment Chemicals Market Size, Share, Growth Analysis, By Type of Chemical(Coagulants and Flocculants, Biocides and Disinfectants, pH Adjusters and Softeners, Corrosion and Scale Inhibitors), By Application(Raw Water Treatment, RO, UF and NF Membrane Treatment, Open & Closed Cooling Systems treatment), By End User(Oil & Gas, Chemical Manufacturing, Mining & Mineral Processing, Municipal), By Region - Industry Forecast 2024-2031


Report ID: SQMIR15A2435 | Region: Regional | Published Date: February, 2024
Pages: 157 | Tables: 101 | Figures: 76

Africa Water Treatment Chemicals Market Dynamics

Drivers

Increasing Industrialization to Bolster Market Growth in Africa

  • The population of Africa is growing fast, putting more pressure on the region's meager water supplies. The need for water treatment chemicals is increasing along with the demand for clean water.
  • Africa is quickly modernizing, which is increasing demand for chemicals used in water treatment. Substantial quantities of wastewater are generated by industrial processes, and before it can be released into the environment, it must be treated.
  • African governments are increasingly implementing regulations into effect that protect water resources and promote the provision of safe drinking water. As businesses work to meet these standards, the demand for water treatment chemicals is rising.

Restraints

Lack of Infrastructure to cause Hindrance in Market Growth

  • There is a dearth of suitable infrastructure for water treatment in many areas of Africa. Because businesses might not have access to the infrastructure, they need to employ these products, this may limit the potential market for water treatment chemicals.
  • Lack of access to cash in many African nations might make it challenging for businesses to invest in water treatment technologies. Due to the lack of funding, this may restrict the market growth for chemicals used in water treatment.
  • The demand for water treatment chemicals may be constrained by the price sensitivity of many African nations. Businesses could be hesitant to spend money on pricey water treatment systems, especially if cheaper alternatives are available.
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FAQs

Africa Water Treatment Chemicals Market size was valued at USD 998.4 million in 2021 and is poised to grow from USD 1048.32 million in 2022 to USD 1548.85 million by 2030, growing at a CAGR of 5% in the forecast period (2023-2030).

The market is highly competitive and has grown increasingly developed due to the presence of many firms. There are numerous actors in it who engage in growth, planned mergers and acquisitions, product development, and invention in hopes of increasing profits, solidifying their position, and concurrently finding creative and lengthy solutions. ' Kemira Oyj   ', ' BASF SE   ', ' Ecolab Inc.   ', ' Solenis LLC   ', ' Dow Chemical Company   ', ' Akzo Nobel N.V.   ', ' SNF Floerger   ', ' Buckman Laboratories International, Inc.   ', ' ICL Group   ', ' Feralco AB   ', ' Kurita Water Industries Ltd.   ', ' GE Water and Process Technologies   ', ' Accepta Ltd.   ', ' Veolia Water Solutions & Technologies   ', ' Aries Chemical, Inc.   ', ' Nalco Water, an Ecolab Company   ', ' Solvay SA   ', ' LANXESS AG   ', ' Carus Corporation   ', ' Cortec Corporation '

The population of Africa is growing fast, putting more pressure on the region's meager water supplies. The need for water treatment chemicals is increasing along with the demand for clean water.

As governments and companies look for ways to lessen their environmental effect, there is a growing trend in Africa towards more sustainable water possible treatments. As a result, there is now a higher demand for goods that are environmentally friendly, biodegradable, and energy-efficient.

In 2021, South Africa held a 10.0% revenue share, dominating the market. This is due to the fact that numerous industries, like mining, oil and gas, sugar processing, and petrochemical manufacture, among others, need a lot of water. Major countries including South Africa, Ethiopia, Angola, and other Sub-Saharan African states are significantly expanding their treatment infrastructure to solve the ongoing water challenges in the African region. The demand for the products in the area is anticipated to rise as a result.

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Africa Water Treatment Chemicals Market

Report ID: SQMIR15A2435

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