The report "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial) and Region - Global Forecast to 2027", size is estimated to be USD 35.9 billion in 2022 and is forecasted to grow to USD 42.2 billion by 2027, at a CAGR of 3.2%, during the forecast period.
Browse 348 market data Tables and 47 Figures spread through 287 Pages and in-depth TOC on "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial) and Region - Global Forecast to 2027"
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Water treatment chemicals are the chemical compounds used in the treatment of water to remove impurities, which cause scales, corrosion, high turbidity, and biological imbalance. Water treatment chemicals are majorly used in the municipal, commercial, and industrial end-use for water treatment. The type and degree of water treatment strongly depend on the source of the water and its intended use. Water for domestic use must be thoroughly disinfected to remove microorganisms before supply to households. On the other hand, industrial water may contain microorganisms, but must be treated to a certain extent to turn the water soft and to prevent scale formation and corrosion.
Based on type, the coagulants & flocculants segment is estimated to account for the highest share in the water treatment chemicals market
Coagulants & flocculants accounted for the largest market share amongst types in the overall water treatment chemicals market. This segment is also estimated to hold the largest share in the forecast period. Coagulants & flocculants are widely utilized in the water treatment. Increasing demand for industrial wastewater treatment, and rising water scarcity are driving the demand of coagulants & flocculants in the water treatment sector.
Based on application, water desalination segment is projected to grow the fastest in the overall water treatment chemicals market
Water desalination is projected to grow at the highest CAGR during the forecast period. Water desalination is employed widely for the water & wastewater treatment, especially in the water scarce regions. Emerging regions such as the Middle East & Africa, and Asia Pacific are facing major issue of water scarcity. The rising demand of freshwater and increasing water scarcity is driving the demand of water desalination.
Based on end user, industrial segment is estimated to be the largest segment in the water treatment chemicals market
Industrial is estimated to be the largest and fastest growing application of water treatment chemicals. This segment is driven by the increasing demand of water treatment chemicals in the municipal water treatment applications. Additionally, growing demand for chemically treated water and rising industrialization in developing economies is driving the water treatment chemicals market.
Based on source, synthetic segment is projected to be the fastest-growing segment of water treatment chemicals market
Synthetic is estimated to be the fastest growing and largest segment of water treatment chemicals, based on source. This segment is expected to be driven by factors such as cost effectiveness and easy availability of raw materials.
North America is estimated to hold the highest market share in the overall water treatment chemicals market during the forecast period
North America is the largest market for water treatment chemicals. Though the region is projected to grow at a slower growth rate, as compared to the emerging regions such as Asia Pacific, and the Middle East & Africa; it is still expected to account for the largest share of the water treatment chemicals market. North America has some advantages over other regions, such as cost-efficient processes for chemical water treatment, growing population, and increasing awareness among people for clean water. These factors support the growth of water treatment chemicals market in the region.
Ecolab Inc. (US), Kemira Oyj (Finland), BASF SE (Germany), Solenis LLC (US), Dow Inc. (US), Nouryon (Netherlands), Baker Hughes (US), SNF Floerger (France), Kurita Water Industries Ltd. (Japan), Veolia (France), and Arxada (Switzerland) are some of the major players operating in the water treatment chemicals market.
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