The global water treatment chemicals market size is estimated to be USD 43.9 billion by 2028 from USD 36.7 billion in 2023, at a CAGR of 3.6%. The market growth is driven by increasing demand for chemically treated water in various end-use industries, Stringent water and wastewater regulations, and Increasing water pollution is driving the demand for water treatment chemicals. However, alternative water treatment technologies, and high costs of water treatment, maintenance, and energy restrain the market.
Ecolab Inc. (US), Dow Inc.(U.S.), Kemira Oyj (Finland), Solenis LLC (US), and BASF SE (Germany) 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.
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Ecolab Inc. is a global leader in water, hygiene, and energy technologies, offering sustainable solutions to businesses across various industries. The company operates through three major segments, namely, global industrial, global institutional, and global healthcare & life sciences. The company offers water treatment products and services to various industrial customers such as food & beverage processing, chemical, mining & primary metals, power generation, pulp & paper, and commercial laundry. Ecolab operates at nearly three million customer locations, serving more than 40 industries across over 170 countries.
Kemira Oyj is one of the global chemical companies serving its customers in water intensive industries. It offers expertise, application know-how, and chemicals that improve product quality, process, and resource efficiency. It operates through two business segments: pulp & paper, and industry & water. The company is engaged in providing chemicals to water-intensive industries for various water treatment processes. WTCs produced by the company are used in municipal and oil & mining industries.
Kemira has a global presence with sales presence in more than 100 countries. The company also has 63 manufacturing facilities and 3 R&D centers across different region including Europe, North America, and Asia Pacific.
BASF SE is one of the leading global chemical companies. The company operates through six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. It offers WTCs through its industrial solutions business segment under energy & resources sub-segment. The company offers various types of WTCs such as coagulants & flocculants, corrosion inhibitors, defoamers, biocides, and antiscalants & dispersants under different brand names including Magnafloc, Basocorr, Solutrix, and Alcomer. BASF SE operates in more than 90 countries through its subsidiaries. The company primarily operates in Europe, and it has strong presence in North America and Asia Pacific regions. The company also has a strong manufacturing presence with more than 232 production sites worldwide.
Solenis LLC is a global specialty chemicals and solutions provider. The company serves its products to various end-use industries such as biorefining, chemical processing, industrial water, mining & mineral processing, municipal, oil & gas, packaging paper & board, and power generation. The company offers a wide range of process, functional, water treatment chemicals. Solenis has a global presence with its 71 manufacturing facilities across North America, Europe, Asia Pacific, South America, and Africa. The company has a sales presence in more than 130 countries across the globe.
Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries. The company operates through four business segments: packaging & specialty plastics, performance materials & coatings, industrial intermediates & infrastructure, and corporate. The company offers WTCs through the industrial solutions sub-segment, which is a part of the industrial intermediates & infrastructure segment. It offers its products to various end-use industries such as pulp & paper, oil & gas, and food & beverage. The company is spread across North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific. It operates in 31 countries with 109 manufacturing facilities.
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
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