The global Water Treatment Chemicals Market is expected to reach USD 71.48 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing requirements from the refining and petrochemical industries in the developing economies. Increasing investments in the research and development to generate more efficient chemical based water treatment technology is expected to drive the demand for the industry.
The pandemic has severely affected the supply chain and raw material supplies as the manufacturers have shut down their productions due to the lockdown. But, it has a positive effect on the water treatment chemicals market due to the increased consumption of water for maintaining hygiene. Proper hygiene conditions, sanitization, and safe water are mandatory for human health during COVID-19.
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The Global Water Treatment Chemicals Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
Market Dynamics:
The report offers insightful information about the market dynamics of the Water Treatment Chemicals market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Water Treatment Chemicals market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Water Treatment Chemicals market.
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Some Key Highlights from the Report
- The Coagulants Flocculants dominated the market with a share of 39.5% in 2019 as a wide number of water treatment plants use the sedimentation process. Biocides Disinfectant is expected to be the second-largest segment among the products as it reduces contamination and biofouling.
- Municipal corporations are expected to register for the highest growth in the market over the forecast period due to the increasing need for freshwater in the developed countries of North America and Europe.
- The raw water treatment is the largest application segment in 2019 due to its growing utilization in the product formulations for industrial settings.
Key participants include Ecolab Inc., BASF SE, SUEZ S.A., Solenis LLC, Kurita Europe GmbH, The DOW Chemical Company, Baker Hughes Incorporated, Kemira OYJ, Snf Floerger, and Akzo Nobel N.V., among others.
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Emergen Research has segmented the global Water Treatment Chemicals Market on the basis of Product, End User, Application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Biocide Disinfectant
- Coagulants Flocculants
- pH Adjuster Softener
- Scale Corrosion Inhibitors
- Anti-foaming Agents
- Others
End User Outlook (Revenue, USD Billion; 2017-2027)
- Oil Gas
- Municipal
- Power
- Mining Mineral Processing
- Food Beverage
- Chemical Manufacturing
- Pulp Paper
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Boiler
- Raw Water Treatment
- Cooling
- Water Desalination
- Effluent Water Treatment
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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