Global Industrial Wastewater Treatment Chemicals Market Insights Forecasts to 2033

• The Global Industrial Wastewater Treatment Chemicals Market Size was Valued at USD 14.2 Billion in 2023
• The Market Size is Growing at a CAGR of 5.21% from 2023 to 2033
• The Worldwide Industrial Wastewater Treatment Chemicals Size is Expected to Reach USD 23.6 Billion by 2033
• North America is expected to Grow the fastest during the forecast period.

The Global Industrial Wastewater Treatment Chemicals Market Size is Anticipated to Exceed USD 23.6 Billion by 2033, Growing at a CAGR of 5.21% from 2023 to 2033.

Market Overview:

Industrial chemicals can be widely utilized in the treatment of wastewater and further use of this wastewater for different purposes. Coagulation and flocculation are important in industrial wastewater refining water clarity by eradicating suspended solids and colloidal particles. Industrial water treatment chemicals such as coagulants, pH adjusters, and corrosion inhibitors are vital for treating this wastewater, making it recyclable and dipping the necessity for freshwater which will help to drive the growth of the market. The rising business demand for water treatment resolutions as a result of constrictive environmental regulations and the obligation for sustainable applications are two key factors that are expected to boost the growth of the market. The requirement for well-organized water treatment solutions is being determined by industries' rising prominence on recycling and reusing water to diminish the environmental impact and save working expenditures. For instance, the Steel Authority of India has implemented a two-stage procedure at its Rourkela steel factory to purify effluent before it is discharged into the Brahmani River.  Technological advancements in chemical compositions and treatment processes also improve the effectiveness and productivity of water treatment operations. For instance, the operation of the ZLD technique has expanded its position in several industries, most no­tably textiles. States such as Rajasthan, Tamil Nadu, and Gujarat have seen noteworthy growth in this regard.

Report Coverage:

This research report categorizes the market for the global industrial wastewater treatment chemicals market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global industrial wastewater treatment chemicals market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global industrial wastewater treatment chemicals market.

Driving Factors:

The growing acceptance of industrialization and expansion in industrial firms such as paint, leather, fertilizers, and batteries release heavy metal accumulation and cumulative water toxicity. Therefore, key market players are vigorously involved in research and development to treat water from heavy metals which will create the opportunity for growth of the market. In industrialized countries, innovative wastewater filtration techniques such as biological and membrane filtration are increasingly being used, based on industry experts which will help to growth of the market.

Restraining Factors:

The generation of disinfection by-products (DBPs) during water treatment is a major constraint. Disinfection by-products are of concern owing to the possible health and environmental consequences. Reducing and managing DBP production is critical to providing safe drinking water.

Market Segmentation:

The global industrial wastewater treatment chemicals market share is classified into type and application.

• The coagulants & flocculants segment has the highest share of the market during the estimated period.

Based on the type, the global industrial wastewater treatment chemicals market is categorized into coagulants & flocculants, corrosion inhibitors, scale inhibitors, and biocides & disinfectants. Among these, the coagulants & flocculants segment has the highest share of the market during the estimated period. Coagulation and flocculation are critical elements of both potable water and wastewater treatment. They provide a dependable method for reducing water turbidity which is an important indicator of water quality. In wastewater treatment, they can reduce suspended particles and organic loads by up to 90%. M.-T. Dao et al. (2021) studied the use of a natural coagulant derived from Cassia fistula seeds for treating wastewater from the textile dyeing sector which will help to drive the growth of the segment. Polymeric flocculants, both synthetic and natural, are widely used in industrial wastewater treatment due to their high efficacy, low dosage, and ease of use.

• The cooling & boilers segment has the greatest share of the market throughout the projected timeframe.

Based on the application, the global industrial wastewater treatment chemicals market is categorized into cooling & boilers, water desalination, and raw water treatment. Among these, the cooling & boilers segment has the greatest share of the market throughout the projected timeframe. This is due to their use in a variety of industries, including power plants, steel and metal manufacturing, sugar and paper mills, and petrochemicals. The industrial, authority, and production industries are expected to grow throughout the forecast period. The boosting demand for boiler chemicals and systems throughout rising nations such as Brazil, China, Malaysia, India, and Indonesia.

Regional Segment Analysis of the Global Industrial Wastewater Treatment Chemicals Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia-Pacific is projected to hold the largest share of the global industrial wastewater treatment chemicals market over the forecast period.

Asia-Pacific is projected to hold the largest share of the global industrial wastewater treatment chemicals market over the forecast period. This is mostly due to rapidly expanding economies, such as India, Japan, and South Korea, where water is used as an input or produced as a byproduct by end-user sectors such as electricity, chemical, mining, and food processing. These sectors require chemical treatment of input and output water, which promotes regional market expansion. Furthermore, China dominates the Asia-Pacific market for water treatment chemicals, as its end-user industries drive a rapidly expanding economy. Increasing environmental laws and increased demand for potable water are expected to drive significant expansion in the country's water treatment chemicals market over the forecast period.   

North America region is also expected to have the fastest CAGR growth during the forecast period. The key dynamics driving the market involve raising commercial and urban demand for wastewater treatment, as well as the need for safe potable water treatment due to pollution. By implementing potable water and wastewater laws, the United States' Environmental Protection Agency (EPA) increases demand for water-treatment chemicals.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global industrial wastewater treatment chemicals market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• Veolia Environnement
• Dow Chemical Company
• DuPont de Nemours, Inc.
• Solvay S.A.
• Ecolab Inc.
• Evoqua Water Technologies
• Trojan Technologies
• Aquatech International Corporation
• Xylem Inc.
• Danaher Corporation
• BASF SE
• Nalco-Ecolab
• Kurita Water Industries
• Ion Exchange
• Thermax Limited
• Siemens AG
• Others

Key Market Developments:

• In April 2024, Thermax, a global provider of energy and environmental solutions, unveiled the opening of its cutting-edge production plant in Pune for water and wastewater treatment systems.

• In September 2021, Univar Solutions and Novozymes announced a new partnership that expanded their collaboration to encompass biological waste and wastewater treatment solutions in the United States and Canada.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global industrial wastewater treatment chemicals market based on the below-mentioned segments: 

Global Industrial Wastewater Treatment Chemicals Market, By Type

• Coagulants & Flocculants
• Corrosion Inhibitors
• Scale Inhibitors
• Biocides & Disinfectants

Global Industrial Wastewater Treatment Chemicals Market, By Application

• Cooling & Boilers
• Water Desalination
• Raw Water Treatment

Global Industrial Wastewater Treatment Chemicals Market, By Regional

• 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