Water Treatment Chemicals Market (Type: Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Chelating Agents, Biocides & Disinfectants, pH Adjusters & Stabilizers, Anti-Foaming Agents, Oxidants, and Oxygen Scavengers; By Application: Power Generation, Municipal Water Treatment, Chemical Processing, Pulp & Paper, Food & Beverages, Metal & Mining, Oil & Gas, Construction, and Petroleum Refining) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 â€“ 2024
Water Treatment Chemicals Market Overview:
Global Water Treatment Chemicals Market is estimated to reach $28.7 billion by 2024; growing at a CAGR of 6.2% from 2016 to 2024. In terms of volume, the market is expected to reach 13,833 kilo tons by 2024, at a CAGR of 5% from 2016 – 2024. Water treatment chemicals are used in the water treatment processes to reduce the suspended solids such as sand, clay, and dust which remain undissolved in water. Different types of chemicals such as, pH adjusters & softeners, coagulants, biocides & disinfectants, flocculants, corrosion inhibitors, and scale inhibitors are used in water treatment processes. Water treatment chemicals are adopted in various applications such as water reuse and recycling in municipal water, and industrial water due to global water scarcity, environmental concerns, and high water cost.
Strict regulatory and environmental concerns, high adoption for chemically treated water in several end-use sectors, high investment in industrial sector, and support in waste reduction are the factors driving the growth of the water treatment chemicals market Though, substitute water treatment technologies may hinder the growth of the market. Moreover, high adoption for specific formulations, and rapid urbanization & increasing population in the emerging economies might provide with several growth opportunities in the forecasted years.
The global water treatment chemicals market is segmented on the basis of type, application, and geography. The market is segmented by type as coagulants & flocculants, corrosion inhibitors, scale inhibitors, chelating agents, biocides & disinfectants, pH adjusters & stabilizers, anti-foaming agents, oxidants, oxygen scavengers, and other types. Further, by application, the market is segmented into power generation, municipal water treatment, chemical processing, pulp & paper, food & beverages, metal & mining, oil & gas, construction, petroleum refining, and other applications.
Based on geography, global water treatment chemicals market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, Italy, France, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The key market players include BASF SE, Kemira Oyj, GE Osmonics, Inc., BWA Technology, Inc., Ecolab Inc., The Dow Chemical Company, Cortec Corporation, AkzoNobel, Buckman Laboratories International, Inc., and Solvay SA, among others.
The key takeaways from the report
- The report will provide detailed analysis of Water Treatment Chemicals Market with respect to major segments such as type, and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Water Treatment Chemicals Market has been included in the report
- Profile of the key players in the Water Treatment Chemicals Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Water Treatment Chemicals Market
- Coagulants & Flocculants
- Corrosion Inhibitors
- Scale Inhibitors
- Chelating Agents
- Biocides & Disinfectants
- pH Adjusters & Stabilizers
- Anti-Foaming Agents
- Oxygen Scavengers
- Other Types
- Power Generation
- Municipal Water Treatment
- Chemical Processing
- Pulp & Paper
- Food & Beverages
- Metal & Mining
- Oil & Gas
- Petroleum Refining
- Other Applications
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East