According to the latest report by IMARC Group, titled “Water Treatment Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global water treatment chemicals market reached a value of US$ 50.3 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 5.2% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Water treatment chemicals help in eliminating the impurities from water to make it fit for domestic and industrial usage. These chemicals are widely used in the water treatment process to filter suspended solids, viruses, algae, fungi, minerals, and bacteria present in the water. Algicides, muriatic acid, chlorine, soda ash, and chlorine dioxide are some of the commonly used water treatment chemicals. There are four types of water treatment processes, including water purification, wastewater effluent treatment, cooling water treatment, and boiler water treatment.
The rising demand for chemically treated water, increasing population, and rapid urbanization are key factors driving the water treatment chemicals market growth. In addition to this, the stringent regulatory policies across the globe and the rising environmental consciousness are providing an impetus to market growth. Moreover, rapid industrialization in developing nations and the rising demand for clean water across the metal and mining, oil and gas, pulp and paper, and chemical processing industries are creating a positive outlook for the market.
Water Treatment Chemicals Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the water treatment chemicals market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASF SE
- Ecolab Inc.
- Kemira OYJ
- Solenis LLC
- Akzo Nobel N.V.
- Baker Hughes Incorporated
- The DOW Chemical Company
- Snf Floerger
- Suez S.A.
Key Market Segmentation:
The report has segmented the water treatment chemicals market on the basis of type, end-user and region.
Breakup by Type:
- Coagulants and Flocculants
- Corrosion and Scale Inhibitors
- Biocides and Disinfectants
- Ph Adjusters and Softeners
- Defoaming Agents
Breakup by End-User:
- Oil and Gas
- Food and Beverage
- Pulp and Paper
Breakup by Region:
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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