[PDF] Water Treatment Chemicals Market: Big Changes To Have Big Impact- Coherent Market Insights

Increasing population, urbanization, and economic development have led to increasing demand for fresh water supply to satisfy human need and to support industrial activities. Players operating in the water treatment industry use various methods of water treatment, in order to make water usable for drinking, cooking, industrial activities, irrigation, and other purposes. The particles removed during water treatment process are suspended solids, fungi, viruses, bacteria, minerals, and algae. The water treatment process involves chemical and physical methods.

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Key players in the water treatment chemicals market are increasing the prices of water treatment chemicals, which is a major factor restraining the water treatment chemicals market growth. For instance, in 2018, Kemira, a global chemicals company, announced the increase in prices for all polymers, inorganic coagulants, and other products in North America and Latin America market. The company raised the prices of emulsion polymers and dry polymers up to 7%-15%, inorganic coagulants up to 10% -20%, polyamines up to 10%-17%, and polyacrylate dispersants up to 7%-12%.

The global water treatment chemicals market was valued at US$ 30.0 billion in 2018 and is expected to register a CAGR of 5.6% in terms of revenue over the forecast period (2019– 2027).

Players operating in the global water treatment chemicals market are adopting various growth strategies such as mergers & acquisitions, in order to strengthen their market presence. For instance, in 2017, SUEZ S.A. acquired GE Water & Process Technologies and formed a new business unit Water Technologies & Solutions. The new unit combined the acquired company and SUEZ’s industrial service activities. The new business unit will help SUEZ to expand its offerings in water treatment activities.

In May 2018, BASF merged its wet-end paper and water chemicals business with Solenis. BASF held a 49% share of the combined entity that operates under Solenis and 51% of the shares held by funds managed by Clayton, Dubilier & Rice. The combined company intends to operate under Solenis brand. This merger helped BASF to expand its water treatment chemicals business in the global market.

Major players operating in the global water treatment chemicals market include BASF S.E., Suez S.A., Kemira OYJ, BWA Water Additives, Ecolab Inc., Cortec Corporation, DowDuPont Inc., Baker Huges Incorporated, Akzo Nobel N.V., and Solenis LLC.

Detailed Segmentation:

Global Water Treatment Chemicals Market, By Product Type:

Coagulants & FlocculantsCorrosion InhibitorsScale InhibitorspH Adjusters & StabilizersBiocides & DisinfectantsOthers (Chelating agents, etc.)

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Years Considered to Estimate the Market Size:

History Year: 2015-2019
Base Year: 2021
Estimated Year: 2021
Forecast Year: 2021-2028

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