Europe Chlorine Dioxide Market size exceeded USD 250 million in 2019 and is estimated to observe growth rate of 4.5% between 2020 and 2026. Chlorine Dioxide is used as for bleaching, treating drinking water, disinfecting, fumigant treatment, and destroying phenols in wastewater.
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The industrial water treatment segment in the European chlorine dioxide industry crossed USD 120 million revenue in 2019. Industrial water treatment is treatment of industrial wastewater before disposable of it into the nature. Industrial water is treated before it enters and exits the industrial plant. It is used for optimizing and improving water quality before it encounters industrial equipment and tools.
Chlorine dioxide is used in industrial as well as municipal water treatment for disinfection. It is mainly used for chlorination as it is less corrosive than chlorine and other water treating chemicals. It is mainly used as corrosion inhibitors in water treatment. It is also used against pathogenic agents such as bacteria, viruses, and protozoa. The demand for chlorine dioxide is triggered pertaining to increase in the utilization of wastewater treating chemicals. Further, government and municipal authorities are emphasizing on new environmental regulation that control the disposal of hazardous and polluted wastewater into the environment. This has led to introduction of new regulations on water disposable that companies must comply to, which should accelerate the market demand.
Based on countries, Germany market for chlorine dioxide held a major revenue share in 2019. The consumption of chlorine dioxide in Germany has increased owing to increasing utilization of disinfectant in industrial wastewater treatment and food & beverages applications. The chemical output in European countries have increased owing to growing chemical, pharmaceutical, and coatings industries. This rise in chemical industry has led to an increase in the number of industrial wastewater treatment plants in the region. This increase in the number of water treatment plants has driven the consumption of water treating chemicals, which should boost the market expansion in Europe.
Moreover, use of chlorine dioxide in swimming pools and drinking water treatment has also increased due to rise in the demand for pure drinking water. Further, the demand for drinking water has also increased pertaining to increasing population. Municipal and federal investment in such facilities has bolstered the market size.
European market share is significantly competitive with major players including Acceptat, ProMinent, Ecolab, Evoqua Water Technologies, The Sabre Companies, Tecme Srl, Iotronic Elektrogerätebau, Scotmas Group, and Superior Plus.