According to IMARC Group’s latest report, titled “Water Treatment Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global water treatment chemicals market size reached US$ 34.4 Billion in 2021.Looking forward, IMARC Group expects the market to reach US$ 46.3 Billion by 2027, exhibiting a growth rate (CAGR) of 5.0% during 2022-2027.
Water treatment chemicals are substances used to treat and purify water for various purposes, such as drinking, industrial processes, and irrigation. These chemicals are added to water to remove impurities, contaminants, and pathogens, thus improving its quality and safety. Common water treatment chemicals include coagulants, flocculants, disinfectants, pH adjusters, and corrosion inhibitors. Coagulants and flocculants help to remove suspended particles and organic matter from the water, while disinfectants, such as chlorine, are used to kill harmful bacteria and viruses. The use of water treatment chemicals is essential to ensure safe and clean water for human consumption and industrial processes.
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Global Water Treatment Chemicals Market Trends:
The rising demand for water treatment chemicals for various industrial applications represents one of the key factors driving the market growth. For instance, water treatment chemicals find widespread utilization in geothermal power generation, fertilizers, refining industries, and in petrochemical manufacturing, which is driving the market growth. In line with this, the increasing adoption of saline water treatment to fulfill the rising water demand is further contributing to the growth of the market. Moreover, the increasing investments in sewage water treatment plants is acting as another major factor inducing the water treatment chemicals market growth across the globe.
Water Treatment Chemicals Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the water treatment chemicals market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASF SE
- Ecolab Inc.
- Kemira OYJ
- Solenis LLC
- Akzo Nobel N.V.
- Baker Hughes Incorporated
- Lonza
- The DOW Chemical Company
- Snf Floerger
- Suez S.A.
Key Market Segmentation:
The report has segmented the water treatment chemicals market on the basis of type and end-user
Breakup by Type:
- Coagulants and Flocculants
- Corrosion and Scale Inhibitors
- Biocides and Disinfectants
- Ph Adjusters and Softeners
- Defoaming Agents
- Others
Breakup by End-User:
- Municipal
- Power
- Oil and Gas
- Mining
- Chemical
- Food and Beverage
- Pulp and Paper
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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