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Global Water Treatment Chemicals and Technology Market

10-18-2023 09:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Global Water Treatment Chemicals and Technology Market Statistics 2027

The global Water Treatment Chemicals market size is projected to reach US$ 155600 million by 2027, from US$ 135750 million in 2020, at a CAGR of 2.3% during 2021-2027. Rising demand for chemically treated water from different end-use segments, as well as rigorous regulatory and sustainability standards addressing the environment, are driving the water treatment chemicals market. Water distribution for industrial and domestic usage is problematic since freshwater resources account for only 2.5 percent of total water resources worldwide. The increasing gap between demand and supply demands efficient water recycling, which may be done by using water treatment chemicals. As a result, the market for water treatment chemicals and technologies is projected to increase in tandem with the need for clean water.

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Water Treatment Chemicals and Technology Market Trends
The Water Treatment Chemicals market is projected to increase due to rising demand for chemically treated water in different end-use categories. The increasing gap between demand and supply demands efficient water recycling, which may be done by using water treatment chemicals. As a result, wastewater consumption has risen dramatically in a number of end-use sectors, including oil and gas, power generation, mining, chemicals, and others. As a result of increased industrial activity, the demand for fresh and clean water for domestic, agricultural, and industrial purposes has increased dramatically in emerging economies. Consequently, demand for water treatment chemicals is anticipated to expand throughout the forecast period, propelling the Water Treatment Chemicals market forward.

The water treatment chemicals market is anticipated to develop even faster in emerging nations due to rising population and increasing urbanisation. Coagulants are used in water treatment to remove organic trash and microorganisms, as well as inorganics and hazardous substances including arsenic, chemical phosphorous, and fluoride. They're commonly employed as the first step in a pollution-reduction plan for developing countries, especially those with fast increasing metropolitan areas and no centralised wastewater treatment.

Water Treatment Chemicals and Technology Market Share Analysis
The Asia-Pacific area is anticipated to be the most profitable. The region's rising need for water treatment chemicals may be attributed to a variety of factors, including the region's growing population, greater industrial expansion, and tight environmental laws. Furthermore, as the number of end-use industries in the area rises, so does the number of innovations and advances in the field of water treatment chemicals, bolstering the expansion of the APAC water treatment chemicals market.

The industrial industry is projected to be the most profitable in terms of end-user segment. This is because the number of companies that use a lot of water in their production processes is increasing, necessitating the usage of process water treatment.

Coagulants and flocculants are projected to be the most profitable segment by kind. The sector is being driven by the increasing usage of these chemicals in municipal and wastewater treatment in different industries such as power, oil and gas, chemical, and petrochemical. Coagulants are used to reduce colour and turbidity from untreated, raw water. They are positively charged molecules that counteract the negative charges of particles. Organic and inorganic coagulants are the two kinds of coagulants.

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Water Treatment Chemicals and Technology Market By Product Type
Coagulants and Flocculants
Corrosion and Scale Inhibitors
Anti-Foamants and Defoamers
Biocides
Activated Carbon
Others

Water Treatment Chemicals and Technology Market By Application
Municipal
Power
Chemical
Food and Beverage
Pulp and Paper
Others

Water Treatment Chemicals and Technology Market Competitive Landscape
The report provides a list of all the key players in the Water Treatment Chemicals and Technology market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product Developments, research, and Developments, and also provides revenue shares, company overview, and recent company Developments to remain competitive in the market.

Water Treatment Chemicals and Technology Market By Company
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

Water Treatment Chemicals and Technology Market By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

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