Frost & Sullivan: Manufacturers with Integrated Solutions Make Waves in the Industrial Water Treatment Chemicals Market

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• Publié par: frost-sullivan
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• Langue: English

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Frost & Sullivan: Manufacturers with Integrated Solutions Make Waves in the Industrial Water Treatment Chemicals Market

PR Newswire MOUNTAIN VIEW, California, Aug. 9, 2012

- Despite advanced technologies, the lower cost of chemicals continues to cause waves in the market MOUNTAIN VIEW, California,Aug. 9, 2012/PRNewswire/ -- The North American industrial water and wastewater treatment chemicals market has always been a fragmented area, with both global and regional participants vying for market share. To stay afloat in this space, participants have gradually evolved from merely supplying chemicals to providing a more integrated solution that includes services and equipment. New analysis from Frost & Sullivan (http://www.chemicals.frost.com),North American Industrial Water and Wastewater Treatment Chemicals Markets, finds that the market earned revenues of$2.03 billionin 2011 and estimates this to reach$2.79 billionin 2018. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at [e-mail], with your full name, company name, title, telephone number, company email address, company website, city, state and country. Despite the emergence of alternative modes of water treatment, chemicals will continue to dominate the landscape due to its cost effectiveness. "The present economic conditions inNorth Americaare not conducive for industries to invest heavily in equipment or infrastructure," said Frost & Sullivan Senior Research Analyst Deepak Karthikeyan. "Thus the lower cost and higher performance of chemicals place them at par with the best available technology for treating water." With freshwater resources depleting and governments stressing the need to conserve and reuse water in industrial processes, end-users are turning to treatment chemicals. The market's potential has attracted numerous participants, escalating competition not only among chemical manufacturers, but also among various value chain participants that sell solutions. Consequently, some segments in the market have become commoditized, placing pressure on companies to reduce prices to meet customer expectations. Considering the price sensitivity of the market at present and depressed demand, low-cost imports fromAsiaalso pose a threat to the local manufacturing base in certain segments. "Companies have to increasingly focus on differentiating themselves through product development and innovation in niche segments rather than compete on price," noted Karthikeyan. "To maintain their dominance, domestic manufacturers need to leverage their advantages such as product quality, strong R&D capability, broader product line, superior customer service, and long-term partnerships with service companies."