Water Treatment Chemicals Market Share, Size, Demands, Challenges and Opportunities by 2022-2027

The latest report published by IMARC Group, titled "water treatment chemicals market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the water treatment chemicals market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Water Treatment Chemicals Market Overview:

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 synthetic materials used to eliminate impurities from water to make it fit for industrial and domestic use.  They are also utilized to remove suspended particles, fungi, viruses, algae, and bacteria from contaminated ground, sea, and industrial wastewater. Some of the commonly used water treatment chemicals include algicides, muriatic acid, chlorine, chlorine dioxide, and soda ash. They are cost-effective alternatives to reverse osmosis and UV technology, which provides safe and fresh water.

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Global Water Treatment Chemicals Market Trends: 

The market is primarily driven by the rapid increase in population and constant depletion of freshwater resources owing to industrialization across the globe. This is also increasing the demand for water recycling and treatment techniques to meet the need for fresh and safe water. Besides this, water treatment chemicals are widely employed to treat cooling water, boiler water, raw water, and effluents in power, fertilizer, paper, chemicals, and petrochemicals industries. Furthermore, the growing consciousness regarding the harmful effects of contaminated water among individuals has fueled the need for these chemicals for various applications, including drinking water and swimming pool disinfection.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Report Scope of Water Treatment Chemicals Market:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, End-User, Region

Key Market Segmentation:

IMARC Group 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.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being

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.

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 (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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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

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.