Water Treatment Chemicals Market worth $42.2 billion by 2027 | Key players Veolia, Kemira Oyj, Dow Inc., Baker Hughes, Ecolab.

According to recent market research the "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial) and Region - Global Forecast to 2027", size is estimated to be USD 35.9 billion in 2022 and is forecasted to grow to USD 42.2 billion by 2027, at a CAGR of 3.2%, during the forecast period. Water treatment chemicals are the chemical compounds used in the treatment of water to remove impurities, which cause scales, corrosion, high turbidity, and biological imbalance. Water treatment chemicals are majorly used in the municipal, commercial, and industrial end-use for water treatment. The type and degree of water treatment strongly depend on the source of the water and its intended use. Water for domestic use must be thoroughly disinfected to remove microorganisms before supply to households. On the other hand, industrial water may contain microorganisms, but must be treated to a certain extent to turn the water soft and to prevent scale formation and corrosion.

Browse 348 market data Tables and 47 Figures spread through 287 Pages and in-depth TOC on "Water Treatment Chemicals Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/water-treatment-342.html

Coagulants & flocculants accounted for the largest market share amongst types in the overall water treatment chemicals market. This segment is also estimated to hold the largest share in the forecast period. Coagulants & flocculants are widely utilized in the water treatment. Increasing demand for industrial wastewater treatment, and rising water scarcity are driving the demand of coagulants & flocculants in the water treatment sector.

Water desalination is projected to grow at the highest CAGR during the forecast period. Water desalination is employed widely for the water & wastewater treatment, especially in the water scarce regions. Emerging regions such as the Middle East & Africa, and Asia Pacific are facing major issue of water scarcity. The rising demand of freshwater and increasing water scarcity is driving the demand of water desalination.

Industrial is estimated to be the largest and fastest growing application of water treatment chemicals. This segment is driven by the increasing demand of water treatment chemicals in the municipal water treatment applications. Additionally, growing demand for chemically treated water and rising industrialization in developing economies is driving the water treatment chemicals market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=342

Synthetic is estimated to be the fastest growing and largest segment of water treatment chemicals, based on source. This segment is expected to be driven by factors such as cost effectiveness and easy availability of raw materials.

North America is the largest market for water treatment chemicals. Though the region is projected to grow at a slower growth rate, as compared to the emerging regions such as Asia Pacific, and the Middle East & Africa; it is still expected to account for the largest share of the water treatment chemicals market. North America has some advantages over other regions, such as cost-efficient processes for chemical water treatment, growing population, and increasing awareness among people for clean water. These factors support the growth of water treatment chemicals market in the region.

Ecolab Inc. (US), Kemira Oyj (Finland), BASF SE (Germany), Solenis LLC (US), Dow Inc. (US), Nouryon (Netherlands), Baker Hughes (US), SNF Floerger (France), Kurita Water Industries Ltd. (Japan), Veolia (France), and Arxada (Switzerland) are some of the major players operating in the water treatment chemicals market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=342

Ecolab Inc. is one of the leading players operating in the global water treatment chemicals market. Ecolab Inc. offers hygiene, infection prevention, and water solutions & services that protect people and vital resources. The company provides water treatment chemicals through its global industrial business segment. The company offers water treatment products and services to a wide range of industries including food & beverage processing, chemical, mining & primary metals, power generation, pulp & paper, and commercial laundry. Ecolab Inc. has a strong global presence with operations in more than 170 countries. The company is focusing on increasing its market share by adopting several organic and inorganic strategies including new product development, investment & expansion, and acquisition, to expand its global presence and enhance its competitiveness. For instance, in February 2019, Ecolab acquired Lobster Ink, a leading provider of end-to-end online customer training solutions. It provides Ecolab with an ability to meet the unique training needs of hospitality and foodservice companies in 130 countries globally.

Kemira Oyj is another leading player in the water treatment chemicals market. It offers water treatment chemicals through its industry & water business segment. The company majorly serves its offerings to the water-intensive industries for various water treatment processes. Kemira Oyj has a global presence with sales presence across more than 100 countries. The company emphasizes on R&D through its R&D centers in Europe, North America, and Asia Pacific. The company adopts growth strategies such as investments & expansions, partnerships, and joint ventures to strengthen its footprint. For instance, in June 2021, Kemira Oyj announced an increase in the production capacity of water treatment chemicals at its facility in Yanzhou, China to meet the growing demand for water treatment in China and Asia Pacific region.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/water-treatment.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/water-treatment-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.