Impact of COVID-19 on Dewatering Aids Market Size Analysis, Industry Share, Outlook, Trends Evaluation till 2027
Global Dewatering Aids Market: Overview
Water treatment and solid water treatment processes are gaining prominence world over. Besides, growth is being noted in the mining industry. This is leading to need for dewatering. And, as aids help in efficiency, transparency Market Research notes that the global dewatering aids market would chart a noteworthy growth trajectory. This is for the period that starts 2019 and ends in 2027. Other industries that will drive growth in demand in the water are paper industry, mineral processing industry, and sugar industry.
Global Dewatering Aids Market: Competitors Landscape
Notable developments are marking the global dewatering aids market and these are set to drive shape future market dynamics. A result of many and varied growth measures taken by prominent market players, these are not only a contributor to overall market growth but also to growth for individual players. It is quite pertinent to note here that varied growth strategies are observed in the market.
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Global Dewatering Aids Market: Key Trends and Drivers
In the global dewatering aids market, a plethora of factors are impacting growth in a positive way. These trends and drivers are propelling the growth curve on a higher trajectory. In the upcoming research report on the market, Transparency Market Research delineates these in a comprehensive manner. A glimpse into the growth factors can be found below.
- There has been a notable growth in mineral processing industry and mining industry over the last few years and the trend is set to continue over the forecast period. It is partly a result of growth in construction volumes anticipated for the next few years – growth by 85% by 2030. This will be a significant growth propeller over the forecast period. It is pertinent to note here that increase in population is also supporting growth in this industry and in turn in the market.
- Need for moisture removal processes which are energy efficient is growing and this is leading to increasing demand for dewatering aids. These contribute to efficiency in processes such as solid waste treatment and water treatment – often used in a number of industry verticals.
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Global Dewatering Aids Market: Regional Analysis
Water treatment and solid waste treatment is leading to growth in dewatering aids market. And, owing to this and increasing demand from mineral processing industries, North America is set to chart notable growth in the market. It is significant to note here that as awareness regarding water treatment increase, demand for the dewatering aids will increase. New opportunities will be noted in Asia Pacific (APAC) region, particularly in countries such India and China, which are growing at a commendable pace. The mining and mineral processing industry is particularly contributing immensely to growth in the APAC market. As far as Europe is concerned, it is significant to note that the region is witnessing significant expenditure on sustainable development, which in turn is leading to water treatment initiatives
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