Electrochlorination Systems Market Size, Share, Growth, and Industry Analysis by Type (Brine System and Seawater System), By Application (Municipal, Marine, Industrial, and Other) Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Electrochlorination Systems Market Report Overview

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The global electrochlorination systems market size was USD 369.3 million in 2021 and is projected to touch USD 627.61 million by 2031, exhibiting a CAGR of 5.4% during the forecast period.

Electrochlorination systems are the process of producing hypochlorite by running an electric current through salt water.

Growing demand for desalinated water is anticipated to fuel market progress. The increased need for cost-effective methods in chlorination systems is estimated to surge market growth. Rising demand for treated water from the industrial and municipal sectors is expected to expand market performance. A high focus on wastewater treatment in order to follow regulatory norms is projected to drive market growth. A rise in demand for chlorine from several end-user industries is predicted to stimulate market growth. Growing awareness about the benefits of the product is anticipated to surge market progress. An increase in population and rapid growth in industrialization is expected to propel market growth in the coming years. Increased investment by key players is estimated to fuel market growth. However, the high installation cost of the product is predicted to hamper the market growth.

COVID-19 Impact: Lower Demand for Water Treatment due to Lockdown Restrictions to Hinder Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the electrochlorination systems experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Lower demand for water treatment during the pandemic period obstructs market growth. Closure of several industrial activities and lack of production due to lockdown restrictions to restrict market expansion.  Further, high need for employee safety in municipal and industrial sectors to minimize market growth.

LATEST TRENDS

"Growing Adoption of Brine Systems to Stimulate Market Growth"

Increasing demand for brine systems is predicted to fuel market growth. The system is used for removing contaminants and restoring operation efficiency. These benefits of the product are projected to drive market growth. It is used to lower the corrosive effects on system components and is anticipated to accelerate market progress. A high focus on wastewater treatment in order to follow regulatory norms is projected to drive market growth. A rise in demand for chlorine from several end-user industries is predicted to stimulate market growth. Growing awareness about the benefits of the product is anticipated to surge electrochlorination systems market progress over the forecast period.

Electrochlorination Systems Market Segmentation

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By Type

Based on type, the market is divided into brine system and seawater system.

Brine system is estimated to be the leading part of type segmentation.

By Application 

Based on application, the market is classified into marine, municipal, industrial, and other.

Municipal is estimated to be the leading part of application segmentation.

DRIVING FACTORS

"Increasing Demand for Seawater Systems to Foster Market Progress"

Increasing demand for seawater systems in water treatment is estimated to expand market growth. The growing need to keep seawater systems efficiently and smoothly is projected to drive market growth. A high need for cleaning, inspection, and repairing water treatment is anticipated to accelerate market progress. A rise in demand for chlorine from several end-user industries is predicted to stimulate market growth. Growing awareness about the benefits of the product is anticipated to surge market progress. An increase in population and rapid growth in industrialization is expected to propel market growth in the coming years. Increased investment by key players is estimated to fuel electrochlorination systems market growth in the upcoming years.

"Growing Demand from Municipal and Industrial Sectors to Expand Market Progress"

Increased demand for the equipment in the municipal and industrial sectors is estimated to fuel market growth.  It is used in municipalities for disinfecting the water supply. The product is used to kill bacteria and other pathogens. High demand for safe drinking water is projected to drive market growth. The equipment helps in the production of chlorine gas which is extensively used for disinfection purposes. These factors are predicted to fuel market growth. Further, in the industrial sector, the product helps to improve the quality of water. It helps to reduce the organic and inorganic pollutants levels which are highly required in industrial water treatments. In addition, the equipment helps to reduce corrosion in several industrial processes. Government initiatives for advanced and effective water treatments at global levels are predicted to surge market growth. High demand for desalinated water and changing lifestyles of people are anticipated to expand electrochlorination systems market progress in the upcoming years.

RESTRAINING FACTORS

The high installation cost of the product is predicted to hamper the market growth.

Electrochlorination Systems Market Regional Insights

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"Increased Demand for Treated Water in North America to Drive Market Share "

North America is anticipated to account for the highest electrochlorination systems market share due to increased demand for water treatment from industrial and municipal sectors. A rise in demand for chlorine from several end-user industries is predicted to stimulate market growth. Growing awareness about the benefits of the product is anticipated to surge market progress. An increase in population and rapid growth in industrialization is expected to propel market growth in the coming years. Increased investment by key players is estimated to fuel market growth.

Europe is projected to witness significant market growth owing to the high focus on wastewater treatment. Rapid industrialization and growing demand for safe drinking water in the region are projected to drive electrochlorination systems market growth in the coming years.

KEY INDUSTRY PLAYERS

"Leading Players Adopt Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the Industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• De Nora (India)
• Evoqua (U.S.)
• ACG (India)
• MIOX (U.S.)
• Kemisan (Turkey)
• HADA Intelligence Technology (China)
• Bio-Microbics (U.S.)
• Weifang Hechuang (China)
• ProMinent (Germany)
• SCITEC (U.S.)
• NEAO (Belgium)
• Flotech Controls (Canada)
• Hitachi Zosen Corporation (Japan)
• Frames (U.S.)
• Ourui Industrial (China)
• Grundfos (Denmark)
• Mitsubishi Heavy Industries (Japan)
• Cathodic Marine Engineering (Singapore)
• H2O (U.S.)
• Petrosadid (Iran)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.