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The global water treatment chemicals market is anticipated to grow at a CAGR of around 6.3% during the forecast period 2020 to 2027 and to reach around US$ 75.4 Bn by 2027.
Market Dynamics
Increasing demand for clean water from various end use industries, high government spending on water treatment plants in order to cater the ongoing demand for drinking water are major factors expected to drive the growth of global market. In addition, increasing number of patients suffering from various water borne diseases and rising government regulations related to TSS level of the water are among other factors expected to augment the growth of target market.
Major players approach towards enhancing the business presence and increase the customer base is resulting in merger and acquisition activities which is another factor expected to boost the growth of target market.
In addition, increasing public private partnerships for R&D activities and approach toward new product development are among other factors expected to impact the growth of target market.
However, factors such as high prices of chemical and availability of other alternatives are expected to hamper the growth of global water treatment chemicals market. In addition, stringent government regulation related to product approval is another factor expected to further challenge the growth of target market.
High investment by major players for R&D activities along with introduction of innovative products is factor expected to create new opportunities for players operating in the target market over the forecast period.
Water Treatment Chemicals Market Segment Analysis, 2019
The global water treatment chemicals market is segmented into type and end use. The type segment is further bifurcated into coagulants, ph adjusters & softeners, flocculants, biocides & disinfectants, scale inhibitors & dispersants, corrosion inhibitors, and others. Among the end use the municipal segments is expected to account for significant revenue share in the global market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising demand for water from various end use industries. In addition, stringent government regulation and innovative product offerings by the players operating in the country are other factors expected to further support the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to rapid urbanization and growing demand for water. In addition, favorable business policies form the government is resulting in emergence of small and mid size enterprises with innovative solutions this is another factor expected to support the growth of target market in this region.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
Market |
Global Water Treatment Chemicals Market |
Analysis Period |
2016 – 2027 |
Base Year |
2019 |
Forecast Data |
2020 – 2027 |
Market Stratification |
Type, End Use and Geography |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
The market research study on “Water Treatment Chemicals Market (Type: Coagulants, pH adjusters & softeners, Flocculants, Biocides & disinfectants, Scale inhibitors & dispersants, Corrosion inhibitors, and Others; End use: Municipal Water and Industrial Water) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global water treatment chemicals market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global water treatment chemicals market segment by type, end use and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global water treatment chemicals market size and segment markets by type, end use and geography along with the information on companies operating in the market. The water treatment chemicals market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report BASF SE, Ecolab Incorporated, BWA Water Additives, Cortec Corporation, The Dow Chemical Company, Buckman Laboratories International Inc., Kemira Oyj, GE Water & Process Technologies, Solvay S.A., and AkzoNobel N.V.
Market Segmentation
Market By Type
Market By End Use
Municipal Water
Industrial Water
Market By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Increasing demand for clean water from various end use industries, high government spending on water treatment plants in order to cater the ongoing demand for drinking water are major factors expected to drive the growth of global market.
The global water treatment chemicals market in 2027 is expected to be above US$ 75.4 Bn.
The CAGR of the global water treatment chemicals market from 2020-2027 is above 6.3%.
Some of the players considered in the report scope are Kemira Oyj, GE Water & Process Technologies, Solvay S.A., and AkzoNobel N.V.
In end use segment the municipal segment is growing at faster pace.
In the global market the Asia Pacific region is expected to grow faster.
The report provides insights on global water treatment chemicals market segment by type, end use, and major geographic regions.
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