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Water Treatment Chemicals Market size worth $ 74.92 Billion, Globally, by 2028 at 8.5% CAGR: Verified Market Research

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Increasing demand for chemically treated water from various end-use segments and stringent regulatory and sustainability mandates concerning the environment is driving the market for Water Treatment Chemicals.

JERSEY CITY, N.J, Dec. 2, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Water Treatment Chemicals Market" By Product (Corrosion inhibitors, Scale inhibitors, Chelating agents), By End-Use Industry (Residential, Commercial, Industrial), and By Geography. According to Verified Market Research, the Global Water Treatment Chemicals Market size was valued at USD 35.87 Billion in 2020 and is projected to reach USD 74.92 Billion by 2028, growing at a CAGR of 8.5% from 2021 to 2028.

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Browse in-depth TOC on "Water Treatment Chemicals Market"

202 - Pages

126 - Tables

37 - Figures

Global Water Treatment Chemicals Market Overview

With rising awareness toward clean & safe water along with the government regulations toward wastewater processing, there is an increase in demand for water treatment chemicals. In North America and Europe, the market for water treatment chemicals is already well established. The market growth in these regions is mainly attributed to the rise in water quality and strictly following environmental regulations. Additionally, the market is expected to witness promising growth in the Middle East and Africa owing to the growing adoption of a saline water treatment in order to fulfill the increasing water demand.

The region emerged as one of the prominent consumers of industrial chemicals owing to the large consumption of water for industrial sectors such as petrochemical and oil and gas. The Water Treatment Chemicals Market for flocculants and coagulants, defoamer, corrosion inhibitor, and pH booster among others are expected to experience exponential growth owing to the rapid development of the industrial sector and urbanization. As there is a significant decrease in freshwater resources coupled with stringent rules and regulations, the demand for these chemicals is estimated to remain high over the forecasted period.

In addition, the introduction of a number of nanotechnology-based technologies is helping in the reduction of the use of chemicals in water treatment. Such alternative technologies are a restraint for the growth of the Water Treatment Chemicals Market. The increasing concern regarding the impact of chemicals on the environment has led to stringent regulatory constraints for water treatment chemicals manufacturers.

Key Developments

  • In Jan 2019, Kemira signed an agreement to establish a joint venture Kemira Yongsan Chemicals Co., Ltd in Ulsan, Republic of Korea, with Yongsan Chemicals, a privately-owned chemical company in South Korea. This joint venture in South Korea is aimed at expanding Kemira's presence in Asia Pacific and driving profitable growth in the region.
  • In January 2019, BASF merged its paper wet-end and water chemicals business with Solenis. The combined business is expected to operate under the Solenis name and offer increased sales, service, and production capabilities across the globe.

Key Players

The major players in the market are BASF SE, Ecolab Inc., Solenis LLC, Akzo Nobel N.V., Kemira OYJ, Baker Hughes, Lonza, The Dow Chemical Company, Snf Floerger, and Suez S.A.

Verified Market Research has segmented the Global Water Treatment Chemicals Market On the basis of Type, End-Use Industry, and Geography.

  • Water Treatment Chemicals Market, By Type
    • Corrosion inhibitors
    • Scale inhibitors
    • Biocides & disinfectants
    • Coagulants & flocculants
    • Chelating agents
    • Anti-foaming agents
    • ph adjusters and stabilizers
    • Other
  • Water Treatment Chemicals Market, By End-Use Industry
    • Residential
    • Commercial
    • Industrial
  • Water Treatment Chemicals Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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Waste Water Treatment Chemicals Market By Type (Coagulants And Flocculants, Corrosion Inhibitors, Scale Inhibitors), By End User (Municipal, Power, Oil And Gas, Mining), By Geography, Forecast, 2021-2028

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Top 10 Wastewater Treatment Companies testing and serving best quality water

Visualize Water Treatment Chemicals Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

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