Rockville, May 08, 2023 (GLOBE NEWSWIRE) -- In 2023, the chlorine injection systems market is estimated to be worth US$ 977.71 million. The global chlorine injection systems market is to increase at a CAGR of 6.5% from 2023 to 2033, reaching US$ 1,835.30 million by 2033.
The demand for treated water for various purposes, including municipal and industrial, is a key driver of the chlorine injection systems industry. Chlorine injection systems sales are boosted by the growing requirement for efficient water treatment technologies. To satisfy strict government rules and standards for water quality.
The need to lessen the environmental impact of water treatment operations and the growing awareness of the health risks associated with waterborne infections are market catalysts. The chlorine injection systems demand is increased by the rising trend of water reuse and recycling.
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| Chlorine Injection Systems Market Scope | |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2033 |
| Growth momentum & CAGR | Accelerate at a CAGR of 6.5% |
| Market growth 2023-2033 | US$ 1835.30 Million |
| Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
| Key countries | US, Canada, UK, France, and Germany |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Neptune Chemical Pump Co., Evoqua Water Technologies LLC, ProMinent GmbH, Grundfos Holding A/S, Lutz-Jesco GmbH, Acuacar Water Treatment, Fluence Corporation Limited, De Nora Water Technologies, WEFLO Valve & Controls Pvt. Ltd., Chemtrac Inc |
| Market dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Is There Any Open Space in the Market?
Chlorine injection systems are used to treat generated water and to prevent microbial development in pipelines and storage tanks. Whereas, variables like the expansion of the oil and gas industry have an impact on demand. The market is expanding due to the increasing chlorine injection systems demand in swimming pools, water parks, and other recreational facilities to maintain water quality.
The market is to experience considerable expansion due to the growing investment in research & development activities for the creation of sophisticated chlorine injection systems. They offer higher efficiency, decreased maintenance, and increased automation.
The Sticking Points of the Chlorine Injection Systems Industry
Due to its possible negative effects on the environment and human health, governments around the world are putting more stringent restrictions on the use of chlorine. Particularly in the water treatment industry. This might result in less demand for chlorine injection systems.
There are alternatives to chlorine, including ozonation and UV disinfection, which some users might prefer because of their alleged benefits. This can restrict the market expansion of chlorine injection systems.
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Regional Outlook
In terms of chlorine injection systems, North America and Europe presently hold the top two markets. The Asia Pacific is anticipated to rise significantly over the next several years as a result of the rising need for water treatment technologies. Due to the rising need for clean, safe water, the chlorine injection systems market is anticipated to rise steadily over the next years.
Key Takeaways
- Municipal water treatment in the application category is expected to be growing rapidly in the chlorine injection systems industry in terms of CAGR.
- From 2023 to 2033, the North American chlorine injection systems industry to be a substantial market.
- Between 2023 and 2033, Asia Pacific may witness a speedier growing chlorine injection systems business compared to other regions.
Competitive Situation
With several competitors offering a wide range of goods and services, the chlorine injection systems market is quite competitive.
Among the water treatment market, the chlorine injection systems business is a specialized subset. Few well-established chlorine injection systems manufacturers dominate the market, which is what distinguishes it. In regional marketplaces, there are a lot of small-scale manufacturers of chlorine injection systems as well.
Recent Developments
- Acquisition
Evoqua, leaders in mission-critical water treatment solutions and services and Xylem Inc. announced to have signed a legally binding agreement. Under this agreement, Xylem acquired Evoqua in an all-stock deal with an implied enterprise value of roughly US$ 7.5 billion.
- Acquisition
MECO, a Grundfos Company and the world's leading provider of water for injection has acquired San Diego-based Water Works. It plans to enhance its ability to provide customers in the life science and biopharmaceutical industries with ultrapure water solutions.
Key Segments of Chlorine Injection Systems Industry Research Report
- By Type :
- Centrifugal Chlorine Compressors
- Reciprocating Chlorine Compressors
- Screw Chlorine Compressors
- By Application :
- Power Generation
- Oil & Gas Industry
- Chemical and Petrochemical Industry
- Pharmaceutical Industry
- Water Treatment Industry
- Others
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Key Questions Covered in the Chlorine Injection Systems Market Report
- What will be the estimated size of the Market in 2023?
- At what rate will the global Chlorine Injection Systems sales grow until 2033?
- Which are the factors hampering the Chlorine Injection Systems demand?
- Which region will spearhead the growth in the global industry during 2023-2033?
- Which are the factors driving sales in the Chlorine Injection Systems Market during the forecast period?
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