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Water Treatment Chemical Market Worth USD 62.8 billion, Recent Trends, Drivers, Manufacture Size, Growth Opportunities and Future Forecasts to 2028
Water Treatment Chemical Market Overview:This water treatment chemicals market report details new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and product launches. For more information on the water treatment chemicals market, please contact Data Bridge Market Research for an Analyst Brief; our team will assist you in making an informed market decision in order to achieve market growth.
The global Water Treatment Chemical market size is projected to grow from USD 56.9 billion in 2019 to USD 62.8 billion by 2028, at a CAGR 9% during the forecast period 2022-2028.
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Water Treatment Chemical Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are BASF SE, Ecolab Inc., Solenis LLC, Akzo Nobel N.V., Kemira OYJ, Baker Hughes, Lonza, The Dow Chemical Company, Snf Floerger, Solenis LLC, and Suez S.A. and Others
Recent Development
In October 2021, Ecolab to acquire Purolite in order to provide high-quality purification and separation solutions. The deal is set up as a cash transaction worth about USD 3.7 billion.
In June 2021, Kemira has announced two investments to expand capacity in water treatment chemicals at its Yanzhou site in China to serve the growing Asia-Pacific market.
November 2021 -Platinum Equity has acquired Solenis, a reputed global developer of specialty chemicals, from BASF and Clayton, Dubilier & Rice (CD&R) in a deal valued at USD 5.25 billion.
Solenis develops advanced specialty chemicals for water treatment applications in two major segments, namely Consumer Solutions (consumer & food packaging, graphic paper, towel and tissue markets) as well as industrial solutions (wastewater and core water treatment markets).
December 2021-Hawkins Inc., a renowned specialty chemical company is planning to acquire share of NAPCO Chemical Company Inc. along with its affiliates. This transaction will be closing by the December 2021-end. NAPCO Chemical develops water treatment chemicals, manufactured in three major locations in Lufkin, Luling, and Spring in Texas. NAPCO Chemical's range of water treatment chemicals cater to every need of the customer, ensuring the safety level of water for consumption as well as the environment.
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Water Treatment Chemical Market Segmentation:
Global Market by Type 2019-2028, (In USD Million)
Coagulants & Flocculants
Corrosion Inhibitors
Scale Inhibitors
Biocides & Disinfectants
Chelating Agents
Global Market by End Use, 2019-2028, (In USD Million)
Residential
Commercial
Industrial
Global Market by Source, 2019-2028, (In USD Million)
Bio-Based
Synthetic
Growth Factors:
Increasing demand from the Water Treatment Chemical industries
The growing use of Water Treatment Chemical in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Water Treatment Chemical Market
Water Treatment Chemical Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2028, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Water Treatment Chemical Market Trends
- The report identifies, determines, and forecasts the Global Water Treatment Chemical Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Water Treatment Chemical Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Water Treatment Chemical Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Water Treatment Chemical Market.
Frequently Asked Questions
What is the study period of this market?
What is the growth rate of Water Treatment Chemicals Market?
Which region has highest growth rate in Water Treatment Chemicals Market?
Which region has largest share in Water Treatment Chemicals Market?
Who are the key players in Water Treatment Chemicals Market?
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