Press release
Water Treatment Chemicals Market: Business Analysis And Evolutionary Growth 2025: Eco Lab, GE Water and Process Technologies, Buckman Laboratories International Inc, Solvay SA
The global water treatment chemicals market is expected to be valued at an estimated $XX Billion US dollars by the year 2025, a compound annual growth rate of XX percent between 2013 and 2025. Several key trends in this market are expected to fuel the growth of this market worldwide.Water treatment chemicals refer to any chemical that is used to purify water. They include, but are not limited to: Algaecides, Antifoams, Biocides, Boiler water chemicals, Coagulants, Corrosion inhibitors, Neutralizing agents, pH conditioners, Resin cleaners, Scale inhibitors.
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These chemicals are important, as they kill bacteria, viruses and other contaminants that infest water, making it unsafe to drink. The application of water treatment chemicals cleanses water, improving its safety for animal and human consumption. Wastewater treatment also constitutes a large percentage of the chemicals that are used for water treatment. Wastewater treatment involves the process of treating wastewater that is no longer able to be used so that it can either be reused or returned back to the water cycle.
Factors that are Expected to Fuel the Growth of the Water Treatment Chemicals Market:
Gains in the global water treatment chemicals market are expected to be supported by the increased use of recycled water. Moreover, the increased demand for the improved water quality and stringent regulations are expected to drive the growth of this market.
Additionally, the increased need to combat epidemics that occur as a result of consuming contaminated water is also expected to fuel the growth of the water chemicals treatment market on a global scale. A high incidence of water-borne illnesses has sparked the need for the purification of water. Furthermore, stringent standards for cleaner water have increased, which has lead to a greater demand for the research and development of improved treatment processes and chemicals.
Segmentation of the Global Water Treatment Chemicals Market by Type:
The worldwide water treatment chemicals market is broadly segmented by type. The types of chemicals that are used for water treatment include: Flocculants, Coagulants, Biocides, Disinfectants, Defoaming agents, pH adjusters, Odor control agents.
There are also several other types of chemicals that are used to treat and purify water in order to make it safer for consumption.
At present time, the increased application of flocculants for effluent treatment as surfactants in the mining industry is expected to have a positive impact over the forecasted time period. Moreover, advances in technology in regard to the development of more bio-based chemicals, including guar gum and gelatin as a result of the increased concern of carbon emissions that is associated with the creation and use of synthetic chemicals is believed to open up new areas for this market.
Product Insights in the Global Water Treatment Chemicals Market:
Several products are used in the global water treatment chemicals market. Of all of these products, pumping systems stand at the top of the market, accounting for more than 70 percent of the market share. The increased use of pumping systems is a result of efforts for reducing the contamination of water. It also allows for the alteration of certain properties in water, such as its softness and hardness. As a result, pumping systems are expected to remain the main driving force for this market over the forecasted period.
Regional Insights in the Global Water Chemicals Treatment Market:
In 2016, North America made the largest contribution in this market. This region is expected to dominate the market during the forecasted period, as there is increasing support from environmental agencies, such as the Environmental Protection Agency (EPA).
Asia Pacific is expected to experience the most growth during the forecasted period. It is projected that this region will account for more than 30 percent of the global revenue of the water treatment chemicals market by the year 2025. The expansion of refining capacities in both China and India as a result of increased domestic demand, combined with easier access to raw materials are believed to lead to a favorable impact on the industry in this region.
The heightened exploration and production of oil and gas facilities in the Middle East is also expected to fuel the growth of the Global Water Treatment Chemicals Market.
Key Players in the Global Water Treatment Chemicals Market:
There are several companies that serve as key players in the global water treatment chemicals market. The most notable companies include: Eco Lab, GE Water and Process Technologies, Buckman Laboratories International Inc, Solvay SA, BWA Water Additives, BASF, ITT, Albemarle Corporation, Flowserve Corporation.
These companies lead the water treatment chemicals on a global scale and represented the largest percentage of the market share.
Benefits of Investing in the Global Water Treatment Chemicals Market:
Given projected compound annual growth rate of this market, the increased demand for safer, more purified drinking water, the increasing development of new technologies that are used in the water treatment chemicals market, and the key players in this industry, investing in this market is a wise decision.
Table of Contents
1 Global Market Overview
2 Regional Market
3 Key Manufacturers
3.1 Ecolab
3.1.1 Company Information
3.1.2 Product & Services
3.1.3 Business Data (Capacity, Sales Revenue, Volume, Price, Cost and Margin)
3.1.4 Recent Development
4 Major Application
5 Market by Type
6 Price Overview
7 Conclusion
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