Keeping Up With Demand
Mordor Intelligence, the global market research and consulting firm, recently released a study
assessing the global water treatment chemicals market. The report valued the overall global market at
$35 billion in 2014, predicting a continual annual growth rate (CAGR) of 7.4% till 2020.
emand for water treatment
technology and equipment
is set to increase by 5.2 per
cent to $14.7 billion by 2019
in the US alone according
to research. This clearly demonstrates the
growing need for feasible solutions to a
costly problem. With increasingly stringent
regulations around the disposal of waste
water, and the associated expenditure of
meeting, or failing to meet, these policies,
companies of all shapes and sizes are
looking for cost effective solutions.
D
Regulation driving costs
The report by Mordor Intelligence
highlights industrial water treatment as
the fastest growing sector, and it’s easy
to see why. In Europe, the Urban Waste
Water Directive governs the disposal of
water, “to protect the water environment
from the adverse effects of discharges
of urban waste water and from certain
industrial discharges”. Under the directive,
any business wishing to dispose of waste
water is charged a municipal waste water
charges, calculated using the Mogden
formula in the UK.
The formula takes into account how
much sludge and solids are in water
being deposited into the local sewage
system, the level and type of treatment
the effluent has been exposed to and
the volume of water to be disposed of.
An appropriate charge for waste water
disposal is then calculated.
Add in the costs of water transport,
storage and off-site treatment and
the management of effluent water
from an industrial operation, a food or
pharmaceutical manufacturing pla