Water Treatment Chemicals And Technology Market Growing Trends and Technology Forecast to 2032

Water Treatment Chemicals And Technology Market size was valued at USD 28.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2020 to 2030.

Water treatment is the technique used to clean out contaminants from water and make it suitable for domestic and commercial use. Boiler water treatment, water purification, cooling water treatment, and wastewater effluent treatment are the four main divisions. These procedures help get rid of the minerals, fungi, viruses, algae, bacteria, and suspended particles that are present in the water. Algicides, muriatic acid, chlorine, chlorine dioxide, and soda ash are a few of the chemicals utilised in the water treatment process. Water treatment chemicals are being used more frequently to clean ground, sea, and industrial wastewater because the available water supply cannot keep up with the increased demand for clean, safe water.

Industry Drivers:
The demand for fresh and usable water has been expanding due to rising population and rapid industrialization in both developed and emerging countries. Additionally, the demand for water treatment chemicals has increased due to the growing need for clean water in industries such as power plants, oil and gas, metal and mining, pulp and paper, and chemical processing. The restricted supply of potable water has also led to the recycling of wastewater, which is expected to aid in the market's expansion. In addition, environmental concerns, strict government restrictions, rising industrial investment, an increase in the use of chemically treated water, and growing consumer awareness of the negative effects of contaminants are all driving up demand for water treatment chemicals globally.

Key Trends
Increasing water sports across the globe to boost the growth of the market
The increased use of water sports like swimming, rafting, water volleyball and so on are boosting the growth of the market as the increasing use of water for these sports results in the increased use of these chemicals in the water bodies where the use of these chemicals takes place. This factor is also boosting the growth of the market during the forecast period.

Increasing alternatives for these chemicals around the world hamper the market
The health hazards associated with the use of these water chemicals and the growing awareness about these chemicals among the younger population are estimated to hamper the growth of the market during the forecast period. The decreasing use of chemicals in the household by shifting themselves to water filters is also a factor that is estimated to hamper the growth of the market during the forecast period.

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Global Water Treatment Chemicals and Technology Market: Segmentations

Global Water Treatment Chemicals and Technology Market: By Key Players
• 3M
• GE Water and Process Technologies
• Honeywell International
• Solvay
• The Dow Chemical
• ITT
• Buckman Laboratories International
• Pentair
• BWA Water Additives
• Calgon Carbon
• Albemarle
• Danaher
• Flowserve
• Best Water Technology

Global Water Treatment Chemicals and Technology Market: By Types
• Coagulants and Flocculants
• Corrosion and Scale Inhibitors
• Anti-Foamants and Defoamers
• Biocides
• Activated Carbon

Global Water Treatment Chemicals and Technology Market: By Applications
• Municipal
• Power
• Chemical
• Food and Beverage
• Pulp and Paper

Global Water Treatment Chemicals and Technology Market: Regional Analysis
The countries covered in the regional analysis of the Global Water Treatment Chemicals and Technology market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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