Global Raw Water Treatment Chemicals Market Size To Worth USD 24.79 Billion By 2033 | CAGR of 4.40%
Category: Chemicals & MaterialsGlobal Raw Water Treatment Chemicals Market Size To Worth USD 24.79 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Raw Water Treatment Chemicals Market Size is Expected to Grow from USD 16.12 Billion in 2023 to USD 24.79 Billion by 2033, at a CAGR of 4.40% during the forecast period 2023-2033.
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Browse key industry insights spread across 254 pages with 112 Market data tables and figures & charts from the report on the "Global Raw Water Treatment Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, and Others), By Application (Municipal, Industrial, Power Generation, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/raw-water-treatment-chemicals-market
The global raw water treatment chemicals market includes chemicals used to treat and filter raw water for industrial, municipal, and agricultural usage. These chemicals are needed to remove pollutants like bacteria, viruses, suspended particles, organic compounds, and heavy metals from raw water before it may be ingested, utilized in industrial processes, or irrigated. The raw water treatment chemicals sector has various opportunities for growth and innovation. Furthermore, Governments and health organizations around the world are emphasizing the importance of clean water in preventing epidemics of diseases like cholera, typhoid, and dysentery. As a result, stringent laws mandating the use of effective water treatment solutions are driving up demand for raw water treatment chemicals. However, one of the significant restraints is the rigorous regulatory structure that limits the use of water treatment chemicals. Regulations designed to safeguard human health and the environment may limit the types and concentrations of chemicals used in water treatment activities.
The coagulants & flocculants segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the type, the raw water treatment chemicals market is divided into coagulants & flocculants, corrosion inhibitors, scale inhibitors, biocides & disinfectants, chelating agents, and others. Among these, the coagulants & flocculants segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The growing demand for clean and safe water in municipal and industrial settings is driving the expansion. Rising concerns about water pollution, stronger environmental regulations, and growing demand for treated water from industries such as power generation, oil and gas, and food and beverage are expected to boost the segment's growth.
The municipal segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the raw water treatment chemicals market is divided into municipal, industrial, power generation, and others. Among these, the municipal segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. This dominance is driven by increased demand for clean and safe drinking water, population growth, rapid urbanization, and stringent government regulations on water quality and wastewater treatment.
Asia-Pacific is estimated to hold the largest share of the raw water treatment chemicals market over the forecast period.
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Asia-Pacific is estimated to hold the largest share of the raw water treatment chemicals market over the forecast period. This is due to increased industrialization, urbanization, and demand for clean water in countries like China, India, and Southeast Asia. The region's growing population has led to increased water consumption, necessitating investments in municipal wastewater treatment facilities. Stricter environmental constraints and growing concerns about water pollution have prompted industry to install advanced water treatment technology, resulting in increased demand for treatment chemicals. Furthermore, the expansion of the power generation industry, which requires large amounts of treated water, contributes to market growth.
North America is predicted to have the fastest CAGR growth in the raw water treatment chemicals market over the forecast period. Stringent regulations and the need for better water treatment options are driving this growth. The United States and Canada have long-standing water treatment systems that are being improved and enhanced. Water treatment chemicals are widely used in the North American industrial sector, particularly in manufacturing and power generation.
Major key players in the raw water treatment chemicals market include SNF Floerger, Solvay S.A., Kemira Oyj, Kurita Water Industries Ltd., Veolia Water Technologies, GE Water & Process Technologies, The Dow Chemical Company, BASF SE, Ecolab Inc., Akzo Nobel N.V., Lonza Group Ltd., Italmatch Chemicals S.p.A., Buckman Laboratories International, Inc., SUEZ Water Technologies & Solutions, ChemTreat, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In November 2023, Kemira announced a multimillion-euro investment in water treatment chemical production in the United Kingdom. Kemira, a global pioneer in sustainable chemical solutions for water-intensive sectors, has announced a significant capacity increase for their ferric sulfate water treatment chemicals production line in Goole, UK.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the raw water treatment chemicals market based on the below-mentioned segments:
Global Raw Water Treatment Chemicals Market, By Type
- Coagulants & Flocculants
- Corrosion Inhibitors
- Scale Inhibitors
- Biocides & Disinfectants
- Chelating Agents
- Others
Global Raw Water Treatment Chemicals Market, By Application
- Municipal
- Industrial
- Power Generation
- Others
Global Raw Water Treatment Chemicals Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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