Water Treatment Chemicals Market

Water Treatment Chemicals Market worth $43.9 billion by 2028

The report "Water Treatment Chemicals Market by Type (Flocculant & Coagulant, Corossion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), Source, End-use (Residential. Commercial & Industrial), and Region - Global Forecast to 2028", size is projected to reach USD 43.9 billion by 2028 from USD 36.7 billion in 2023, at a CAGR of 3.6% during the forecast period. The major drivers for the water treatment chemicals market are increasing demand for chemically treated water in various end-use industries, stringent water and wastewater regulations, and increasing water pollution. Alternative water treatment technologies, high costs of water treatment chemicals, maintenance, and energy are considered restraining factors in this market. Whereas rising population and rapid urbanization in emerging economies, increasing demand for specific formulations act as opportunities in the market.

Browse 259 market data Tables and 53 Figures spread through 282 Pages and in-depth TOC on "Water Treatment Chemicals Market by Type (Flocculant & Coagulant, Corossion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), Source, End-use (Residential. Commercial & Industrial), and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/water-treatment-342.html

Corrosion inhibitors are the fastest growing segment based on type, in terms of value, during the forecast period.

Corrosion inhibitors are the fastest-growing segment due to their critical role in safeguarding industrial equipment and infrastructure from corrosion-related damage. With industries expanding globally, the imperative to extend the lifespan of valuable assets and minimize maintenance expenses is paramount. Corrosion inhibitors offer a cost-effective and efficient solution, making them a high-demand product category and contributing to their status as the fastest-growing segment in the market.

Based on application, water desalination is estimated to be the second fastest growing segment in the overall water treatment chemicals market in terms of value.

Water desalination is estimated to be the second fastest growing segment in the overall water treatment chemicals market, due to escalating global water scarcity issues. With the expanding population and industrial growth, the demand for freshwater is surging. Desalination processes, utilizing treatment chemicals, provide a sustainable solution by converting seawater or brackish water into fresh water, making it a pivotal sector to address the world's increasing need for potable water resources.

Based on the source, synthetic segment is estimated to be the second fastest-growing segment of water treatment chemicals market.

Synthetic is estimated to be the second fastest growing and largest segment of water treatment chemicals due to increasing demand for specialized chemical compounds. Industries require tailored solutions to address unique water treatment challenges, which synthetic chemicals can provide. These versatile and customizable compounds are gaining traction as they offer effective and precise solutions for various water treatment applications, positioning them as a rapidly expanding market segment behind corrosion inhibitors in the industry.

Based on end user, industrial segment is estimated to be the fastest-growing segment of water treatment chemicals market.

Industrial is estimated to be the largest and fastest growing application of water treatment chemicals, due to escalating industrialization, particularly in emerging economies. Industries rely on water treatment chemicals to maintain water quality for various processes, minimize environmental impact, and ensure regulatory compliance. As industrial activity expands, there is a heightened demand for these chemicals, making it the fastest-growing end-user segment within the water treatment chemicals market.

Europe accounted for the third largest market share amongst other regions in the water treatment chemicals market.

Europe holds the third-largest market share in the water treatment chemicals sector due to several factors. The region's well-established industrial base, stringent environmental regulations, and a focus on water quality have driven demand for treatment chemicals. Additionally, Europe's commitment to sustainability and environmentally responsible practices has fostered the use of water treatment chemicals in various industries. Continuous efforts to address water scarcity and contamination issues make Europe a prominent market for these products, securing its position as the third-largest market in the global water treatment chemicals industry.

Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Dow Inc. (US), and Solenis LLC (US) are some of the established players in the water treatment chemicals market. These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

Don’t miss out on business opportunities in Water Treatment Chemicals Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Water Treatment Chemicals Market Size,  Share & Growth Report
Report Code
CH 2993
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Water Treatment Chemicals Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status

Digital Virtual Assistant - MarketsandMarkets