Stratview Research has published a new report titled “Water Treatment Chemical Market” which is segmented by Chemical Type (Corrosion Inhibitors, Coagulants, Flocculants, PH Adjusters, Biocides, Scale Inhibitors, and Others), by Salt Type (Aluminium and Iron), by End-User Type (Paper & Pulp, Power Generation, Metals & Mining, Refining, Wastewater, Municipal, and Others), and by Application Type (Wastewater Treatment, Portable Water Treatment, and Industrial Water treatment), by Region Type (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, Water Treatment is a process that is used to improve the water quality, making it appropriate for various purposes such as drinking and industrial applications. Treating water means removing its contaminations or at least reduce its concentration to make it usable. Numerous varieties of chemicals are used for this purpose. Water treatment has a wide range of applications in wastewater, industrial water, and portable water. Its market in North America and Asia pacific is already well established attributed to increased awareness regarding the quality of water. Also, both regions are among the prominent users of industrial chemicals.

The water treatment chemicals market logged a colossal decline of more than -14% in 2020. The market was hit adversely by the pandemic majorly because of a decline in the tourism industry in the wake of complete restrictions on traveling. Furthermore, various industries, such as petrochemical, had cut their production during the lockdown period, aggravating the overall demand. However, the industry stakeholders are expecting healthy market recoveries in the near years, assisting them to quickly resuscitate the market losses during the pandemic. In the long term, the market for water treatment chemicals is subjected to grow at a healthy CAGR of 6.0% over the next five years to reach US$ 35 billion by 2026.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

For ease of analysis, the water treatment market is segmented into types, namely Chemical type, End-user type, and Region type. Based on the chemical type, the water treatment market is segmented as corrosion inhibitors, coagulants, flocculants, PH adjusters, biocides, disinfectants, scale inhibitors, and others. Despite being hit adversely in 2020, the corrosion inhibitor is expected to remain the largest and the fastest-growing chemical type in the market during the forecast period. They are mainly used for industrial water treatment.

Based on the end-user type, the market is segmented as Paper & Pulp, Power Generation, Metals & Mining, Refining, Wastewater, Municipal, and others. Power generation is expected to remain the biggest demand generator for these chemicals during the forecast period.  The power generation industry is one of the major sources of industrial wastewater, which contains substantial levels of toxic metal impurities such as lead, mercury, arsenic, and chromium. These impurities can cause harm to the environment, if not treated properly. Thus, the power generation industry needs water treatment chemicals in a significant amount, creating a decent market for the same.

Which Region is expected to remain the largest market?

In terms of regions, Europe and North America are well-established markets for water treatment chemicals. However, Asia Pacific is expected to emerge as the largest as well as the fastest-growing market for water treatment chemicals during the forecast period. This was mainly due to the growing population coupled with the increasing demand for clean and fresh water for human and industrial needs.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Water Treatment Chemical Market:

  • SUEZ
  • Nalco-Ecolab company
  • Solenis
  • Nouryon
  • Kemira Oyj
  • Kurita Water Industries Ltd
  • The Dow Chemical Company
  • SNF Group
  • Veolia Water
  • Buckman

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