Frost & Sullivan: Regulatory Pressures to Push Higher Quality Products in CEE Municipal Water and Wastewater Treatment Chemicals Market
- Manufacturers to develop innovative, cost-effective, environmentally-friendly solutions that meet increasingly stringent legislative requirements
LONDON, June 6, 2012 /PRNewswire/ -- The Central and Eastern European municipal water and wastewater treatment chemicals market offers growth opportunities for a range of chemicals. Demand will be propelled by intensifying legislative pressure from the European Union, supported by government funding, aimed at promoting environment-friendly, water- and energy-saving technologies.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Analysis of the CEE Municipal Water and Wastewater Treatment Chemicals Market, finds that the market earned revenues of euro 300.7 million in 2010 and estimates this to reach euro 613.4 million in 2017.
"Rising market needs, as well as financial support, mainly from the EU, will create exciting growth potential for manufacturers of municipal water and wastewater treatment chemicals," notes Frost & Sullivan Industry Analyst Anna Jarosik. "Higher growth is expected in the wastewater treatment chemicals, rather than the water treatment chemicals segment, due to increasing investments into modernising and optimising wastewater treatment process, plants, overall pipelines and their capacities."
Water- and energy-saving solutions related to the use of more effective chemicals as well as technologies may reduce the amounts of water and wastewater treatment chemicals used. However, this will not result in reduced prices or lower revenues. Instead, multifunctional chemicals, advanced equipment and technologies will facilitate growth, due to their enhanced efficiency and productivity.
Currently, all types of chemicals used in the municipal water and wastewater treatment segments are required to meet specific certifications regarding safety, hygiene, and quality. In general, such requirements are likely to become more stringent and encourage further improvements in all chemicals used by municipal water and wastewater treatment plants.
"Population growth and urbanisation has resulted in heightened water consumption, water re-use and further quality improvements even while wastewater production has been rising rapidly each year," remarks Jarosik. "This has created greater need for both water and wastewater treatment, and thus for chemicals such as pH conditioners, coagulants, flocculants, disinfectants and biocides plus scale and corrosion inhibiting agents, antifoam as well as colour, odour and taste control chemicals."
The market, therefore, offers exciting growth potential for a range of chemicals. However, to maximise on this potential, manufacturers will need to tackle issues related to price sensitivity and product differentiation.
To tackle price sensitivity, the focus will have to be on developing cost-effective chemicals that support overall cost reduction. Product differentiation can be achieved by developing new and more effective water and wastewater treatment chemicals that improve treatment efficiency, decrease overall costs, and promote environment-friendly practices.
"A significant trend has been investments into R&D to develop novel water and wastewater treatment chemicals," comments Jarosik. "Additionally, there have been efforts to improve overall product performance and final composition so as to meet higher environmental standards, quality benchmarks and health care considerations."
If you are interested in more information on this study, please send an e-mail with your contact details to Chiara Carella, Corporate Communications, at chiara.carella@frost.com.
Analysis of the CEE Municipal Water and Wastewater Treatment Chemicals Market is part of the Chemicals & Materials Growth Partnership Service programme, which also includes research in the following markets: Industrial Water and Wastewater Treatment Chemicals Market, Strategic Analysis of the Indian Water Treatment Chemicals Market and South African Industrial Water and Wastewater Treatment Chemicals Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
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Analysis of the CEE Municipal Water and Wastewater Treatment Chemicals Market
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Contact:
Chiara Carella
Corporate Communications – Europe
P: +44-(0)-20-7343-8314
M: +44-(0)-753-3017689
E: chiara.carella@frost.com
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