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Water Treatment Chemicals Market worth $58.19 billion by 2030, growing at a CAGR of 4.40% - Exclusive Report by 360iResearch
Water Treatment Chemicals Market | 360iResearch
The Global Water Treatment Chemicals Market to grow from USD 43.03 billion in 2023 to USD 58.19 billion by 2030, at a CAGR of 4.40%.
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Water treatment chemicals are diverse chemical substances utilized to purify and disinfect water by eliminating harmful substances, pathogens, and other contaminants. The increasing global need for clean water and stricter regulations on wastewater disposal implemented by various governments has accelerated the need for water treatment chemicals. The growth of industries such as power generation and mining, which are significant end consumers of these chemicals, propels the demand for water treatment chemicals. The heightened awareness around water-related health issues and environmental sustainability are other key factors leading to an escalating growth of the water treatment chemicals market. However, the use of certain chemicals and their disposal can often lead to adverse environmental impacts, a critical factor harming the product use. Businesses are working on the development and promotion of cost-efficient and environmentally friendly water treatment chemicals to counteract the limitations currently at play. The awareness created around water scarcity and the advancements in recycling and reusing wastewater are also providing ample potential opportunities for the growth of this market.
In the Americas, the use of water treatment chemicals is wide-ranging and dynamic, with a heavy focus on maintaining water quality in industries such as oil and gas, waste management, and food and beverage. Americas hosts several key global players in the production of water treatment chemicals, marked by innovative and high-quality product ranges. Asia, with its emerging economies, shows a growing demand for water treatment chemicals in the municipal sector due to rapid urbanization and industrialization. Asia-Pacific, especially China and India, dominates the production scene for water treatment chemicals, given its large-scale manufacturing capabilities and cost-effective production methods. Asia's company landscape is dominated by large corporations and numerous local manufacturers entering into contracts with governments and industries investing in water treatment plants. Europe, characterized by stringent water quality standards, witnesses a consistent demand for water treatment chemicals across various sectors, emphasizing industrial wastewater treatment. The region emphasizes sustainable production standards, focusing more on the production of eco-friendly water treatment chemicals. Europe features major companies known for their strong commitment to innovation and sustainability.
Market Segmentation & Coverage:
This research report categorizes the Water Treatment Chemicals Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Anti-Foaming Agents, Biocides & Disinfectants, Chelating Agents, Coagulants & Flocculants, Corrosion Inhibitors, pH Adjusters & Stabilizers, and Scale Inhibitors. The Coagulants & Flocculants is projected to witness significant market share during forecast period.
Based on Source, market is studied across Bio-Based and Synthetic. The Synthetic is projected to witness significant market share during forecast period.
Based on Application, market is studied across Boiler Water Treatment, Cooling Water Treatment, Raw Water Treatment, and Water Desalination. The Cooling Water Treatment is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Commercial, Industrial, and Residential. The Residential is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.09% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Water Treatment Chemicals Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Water Treatment Chemicals Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Water Treatment Chemicals Market, highlighting leading vendors and their innovative profiles. These include Aries Chemical, Inc., BASF SE, Bauminas Quimica Ltda., Buckman Laboratories Pty Ltd., Chardon Laboratories, Inc., Chemtex Speciality Limited, Cortec Corporation, Ecolab Inc., Hibrett Puratex, Jenfitch, Inc., Kurita Water Industries Ltd., Lonza Group Ltd., Myron L Company, Nouryon Chemicals Holding B.V., Reynolds Culligan, SNF Group, Solenis LLC, Solvay S.A., The Dow Chemical Company, Thermax Limited, Veolia Environnement SA, Wego Chemical Group Inc., and Wyo-Ben, Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Water Treatment Chemicals Market, by Type
7. Water Treatment Chemicals Market, by Source
8. Water Treatment Chemicals Market, by Application
9. Water Treatment Chemicals Market, by End-Use
10. Americas Water Treatment Chemicals Market
11. Asia-Pacific Water Treatment Chemicals Market
12. Europe, Middle East & Africa Water Treatment Chemicals Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Water Treatment Chemicals Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Water Treatment Chemicals Market?
3. What is the competitive strategic window for opportunities in the Water Treatment Chemicals Market?
4. What are the technology trends and regulatory frameworks in the Water Treatment Chemicals Market?
5. What is the market share of the leading vendors in the Water Treatment Chemicals Market?
6. What modes and strategic moves are considered suitable for entering the Water Treatment Chemicals Market?
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About 360iResearch
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