DUBLIN–(BUSINESS WIRE)–The “Water Treatment Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global water treatment chemicals market size reached US$ 34.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 46.3 Billion by 2027, exhibiting a CAGR of 5.08% during 2021-2027.
- BASF SE
- Ecolab Inc.
- Kemira OYJ
- Solenis LLC
- Akzo Nobel N.V.
- Baker Hughes Incorporated
- The DOW Chemical Company
- Snf Floerger
- Suez S.A.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Water treatment refers to the process which is carried out for eliminating impurities from water and making it fit for industrial and domestic use. It is primarily divided into four basic processes, boiler water treatment, water purification, cooling water treatment and wastewater effluent treatment.
These processes assist in eliminating suspended solids, fungi, viruses, algae, bacteria and minerals present in the water. Some of the chemicals used in the water treatment process include algicides, muriatic acid, chlorine, chlorine dioxide and soda ash. As the existing water supply is insufficient to fulfill the rising demand for safe and fresh water, water treatment chemicals are increasingly being used for purifying ground, sea, and industrial wastewater.
With growing population and rapid industrialization across both developed and emerging markets, the demand for fresh and useable water has been proliferating.
Moreover, the increasing requirement of clean water in power plants, oil and gas, metal and mining, pulp and paper, and chemical processing industries has increased the demand for water treatment chemicals. The limited availability of potable water has also given rise to the recycling of wastewater which is anticipated to contribute to the growth of the market.
Apart from this, environmental concerns, stringent government regulations, increasing investment in the industrial sector, growing adoption of chemically treated water, and rising awareness among consumers about the adverse impacts of pollutants are augmenting the demand for water treatment chemicals across the globe.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global water treatment chemicals market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end-user.
Breakup by Type:
- Coagulants and Flocculants
- Corrosion and Scale Inhibitors
- Biocides and Disinfectants
- Ph Adjusters and Softeners
- Defoaming Agents
Based on the type, the market has been segmented into coagulants and flocculants; corrosion and scale inhibitors; biocides and disinfectants; Ph adjusters and softeners; defoaming agents; and others. The coagulants and flocculants segment currently accounts for the largest share.
Breakup by End-User:
- Oil and Gas
- Food and Beverage
- Pulp and Paper
Based on the end-user, the market has been segmented into municipal, power, oil and gas, mining, chemical, food and beverage, pulp and paper and others.
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global share.
Key Questions Answered in This Report
1. What is the global water treatment chemicals market growth?
2. What are the key industry trends in the global water treatment chemicals market?
3. What are the global water treatment chemicals market drivers?
4. What is the impact of COVID-19 on the global water treatment chemicals market?
5. What is the global water treatment chemicals market breakup by type?
6. What are the major regions in the global water treatment chemicals market?
7. Who are the key companies/players in the global water treatment chemicals market?
For more information about this report visit https://www.researchandmarkets.com/r/lzcjq8-treatment?w=4
Laura Wood, Senior Press Manager
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