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Global Water and Wastewater Treatment Chemical Market Projected to Surpass USD 60,541.2 million by 2034

07-23-2025 09:39 PM CET | Chemicals & Materials

Press release from: Future Market Insights

Water and Wastewater Treatment Chemical Market

Water and Wastewater Treatment Chemical Market

The global water and wastewater treatment chemical market is poised for significant expansion, with its valuation anticipated to grow from an estimated USD 38,588.9 million in 2024 to a remarkable USD 60,541.2 million by 2034, exhibiting a robust Compound Annual Growth Rate (CAGR) of 4.6%. This impressive growth is fundamentally driven by increasing global concerns about water quality, stringent environmental regulations, and the escalating scarcity of freshwater resources, compelling industries and municipalities worldwide to adopt advanced treatment solutions.

The water treatment sector is actively embracing eco-friendly chemicals and procedures, focusing on biodegradable compounds and reducing waste and energy usage. Global water quality regulations are becoming stricter due to concerns about microplastics and pharmaceuticals, intensifying the need for advanced treatment chemicals to eliminate these emerging contaminants. Limited freshwater resources necessitate recovery and reuse efforts, further increasing the demand for treatment chemicals for water recycling, desalination, and nutrient recovery from wastewater.

To Gain More Insights about this Research, Visit! https://www.futuremarketinsights.com/reports/water-and-wastewater-treatment-chemicals-market

Key Drivers and Market Dynamics:

- Escalating Environmental Regulations and Sustainability Initiatives: Governments are imposing strict standards for water quality and discharge limits, compelling industries to adopt advanced treatment solutions. Companies are prioritizing minimizing their environmental footprint and embracing eco-friendly practices to enhance brand reputation and appeal to environmentally conscious consumers.
- Increasing Focus on Water Reuse and Recycling: As freshwater resources become increasingly scarce, industries and municipalities are turning towards water reuse and recycling as sustainable solutions. This trend drives the demand for specialized treatment chemicals to ensure the purification and safety of recycled water for diverse applications, bolstered by regulatory mandates and incentives.
- Shift toward Decentralized Water Treatment Systems: Decentralized systems offer cost-effective and sustainable alternatives for water purification in remote or rural areas. Industries and municipalities are increasingly adopting these systems to address specific water treatment needs, such as recycling wastewater for irrigation or industrial processes, leading to a substantial increase in demand for related chemicals.
- Biocide Chemicals Dominance: Biocide chemicals are anticipated to witness high demand, surging at a 5.6% CAGR during the forecast period. This is driven by the increasing focus on microbial control and disinfection across water treatment, healthcare, and food production industries, especially as regulations become more stringent and concerns about waterborne diseases rise.
- Coagulant & Flocculant Leadership: The coagulant & flocculant segment is expected to top the product type category, with a 4.1% CAGR between 2024 and 2034. Their effectiveness in particle aggregation and sedimentation, combined with versatile applications across various water treatment processes, makes them a preferred choice for reliable and cost-effective solutions.
- Municipal Sector Demand: The municipal segment is anticipated to hold a dominant share, projected to exhibit a 3.1% CAGR through 2034. Municipalities worldwide prioritize water treatment to ensure public health and environmental protection, leading to consistent demand for chemicals like coagulants, flocculants, and disinfectants, fueled by urbanization and industrialization.

Challenges and Opportunities:

The market faces challenges from high initial capital outlays for establishing treatment facilities and the technological difficulties in creating sustainable and effective treatment chemicals that meet stringent standards while reducing negative environmental effects. Lack of water treatment facilities in rural or developing nations also limits market expansion.

However, significant opportunities abound. The emergence of new contaminants and the need for sustainable solutions are creating avenues for innovation and expansion. Digital advancements in water treatment are revolutionizing the industry by enabling real-time monitoring, predictive maintenance, and process optimization, leading to increased value-added services from suppliers. Investments in robust water infrastructure and climate-related mitigation efforts further drive demand.

Historical vs. Forecast Outlook:

Global sales of water and wastewater treatment chemicals grew at a CAGR of 2.4% between 2019 and 2023, reaching USD 37,192.3 million in 2023. This growth was driven by demand for clean drinking water, urbanization, industrialization, and increased investment in water reuse and recycling projects. The market is set to thrive at a CAGR of 4.6% through the forecast period, ensuring sustained growth.

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Regional Outlook and Competitive Landscape:

North America is poised to continue as a key hub for manufacturers, holding around 25.4% of the worldwide market share in 2034, attributed to its advanced technological infrastructure and stringent environmental regulations. India (6.5% CAGR), Brazil (6.2% CAGR), and China (4.3% CAGR) are expected to record high CAGRs, driven by infrastructure development, rising demand for clean water, and increasing industrial utilization.

The global chemical additives for water treatment market is fragmented, with leading players accounting for 40% to 45% of the share. Key players include Akzo Nobel N.V., Baker Hughes Inc., BASF SE, Dow Inc., Eco Lab Inc., and Italmatch Chemicals S.p.A. These companies are investing in continuous research, increasing production capacity, and adopting strategies like acquisitions, partnerships, and facility expansions to strengthen their footprint and meet end-user demand.

Recent developments highlight strategic moves:

- In 2023, Solenis acquired CedarChem LLC, bolstering its water and wastewater treatment product offerings in the Southeastern United States.
- In 2023, Kemira expanded its ferric sulfate production line in Goole to address increasing coagulant demand.
- In 2023, Ion Exchange (India) announced its board's approval to invest in and acquire MAPRIL in Portugal.
- In 2023, Brenntag acquired a water treatment facility in Pomona, enhancing its South African presence.

The water and wastewater treatment chemical market is poised for a transformative decade, driven by its indispensable role in addressing global water challenges and ensuring sustainable development. Companies that prioritize innovation, environmental responsibility, and strategic expansion will be well-positioned for long-term success in this vital sector.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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