Global Raw Water Treatment Chemicals Market Insights Forecasts to 2033

• The Global Raw Water Treatment Chemicals Market Size was estimated at USD 16.12 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 4.40% from 2023 to 2033
• The Worldwide Raw Water Treatment Chemicals Market Size is Expected to Reach USD 24.79 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

The Global Raw Water Treatment Chemicals Market Size is expected to cross USD 24.79 Billion by 2033, Growing at a CAGR of 4.40% from 2023 to 2033.

Market Overview

The global raw water treatment chemicals market is the industry for chemicals used to treat and purify raw water for industrial, municipal, and agricultural applications. These chemicals are required to remove pollutants such as bacteria, viruses, suspended particles, organic compounds, and heavy metals from raw water sources before it may be consumed, used in industrial operations, or irrigated. The raw water treatment chemicals industry offers numerous potentials for expansion and innovation. One of the most significant potentials is the development of innovative, environmentally friendly water treatment chemicals. As environmental concerns grow, there is a greater desire for sustainable solutions that have a low impact on the ecosystem. Companies who invest in R&D to produce biodegradable and non-toxic water treatment chemicals have the potential to gain a sizable market share. Furthermore, the growing emphasis on water reuse and recycling in industrial processes creates an opportunity for the development of specific treatment chemicals to improve these operations.

Report Coverage

This research report categorizes the raw water treatment chemicals market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the raw water treatment chemicals market. Recent market developments and competitive strategies such as expansion, type launch, 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 raw water treatment chemicals market.

Driving Factors

One of the key development drivers for the raw water treatment chemicals market is increased awareness of waterborne diseases. Governments and health groups around the world are highlighting the importance of clean water in preventing epidemics of diseases including cholera, typhoid, and dysentery. This has resulted in stringent laws requiring the adoption of effective water treatment solutions, driving up demand for raw water treatment chemicals. Furthermore, rapid urbanization in developing countries is also an important factor in market growth. As cities grow, the demand for municipal water treatment rises to maintain a steady supply of safe drinking water for the rising population. Furthermore, the growing number of residential and commercial structures is increasing the demand for efficient water treatment systems, boosting the raw water treatment chemicals market.

Restraining Factors

One of the key constraints is the rigorous regulatory framework that governs 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 operations. Companies must handle these rules carefully to maintain compliance, which can raise operational costs and complexity.

Market Segmentation

The raw water treatment chemicals market share is classified into type and application.   

• The coagulants & flocculants segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

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 greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The increasing need for clean and safe water in municipal and industrial applications is driving the expansion. Rising worries about water pollution, stricter environmental regulations, and increased demand for treated water in industries such as power production, oil and gas, and food and beverage are likely to drive the segment's expansion. Furthermore, developments in coagulant and flocculant compositions, such as eco-friendly and biodegradable alternatives, are expected to drive usage and market growth in the future years.

• The municipal segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable 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 accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the projected timeframe. This dominance is fueled by rising demand for clean and safe drinking water, population expansion, fast urbanization, and severe government rules on water quality and wastewater treatment. Municipal water treatment facilities rely significantly on raw water treatment chemicals, such as coagulants, flocculants, disinfectants, and corrosion inhibitors, to remove impurities and pollutants prior to distribution.

Regional Segment Analysis of the Raw Water 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 anticipated to hold the largest share of the raw water treatment chemicals market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the raw water treatment chemicals market over the predicted timeframe. This is owing to rising industrialization, urbanization, and increased demand for clean water in countries such as China, India, and Southeast Asia. The region's expanding population has resulted in increased water usage, prompting investments in municipal wastewater treatment infrastructure. Stricter environmental restrictions and growing worries about water pollution have driven industry to implement advanced water treatment technologies, driving up demand for treatment chemicals. Furthermore, the expansion of the power production industry, which necessitates significant amounts of treated water, helps drive market growth. Water scarcity difficulties in many countries of Asia Pacific have expedited the adoption of wastewater recycling and desalination, resulting in increased use of treatment chemicals.

North America is expected to grow at the fastest CAGR growth of the raw water treatment chemicals market during the forecast period. Stringent regulations and the necessity for improved water treatment solutions are driving this expansion. The United States and Canada have well-established water treatment infrastructures, which are being upgraded and modernized. North America's industrial sector, particularly manufacturing and power generation, is a large consumer of water treatment chemicals. The emphasis on environmental sustainability and adherence to regulatory norms is driving the use of innovative water treatment systems in this area.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the raw water treatment chemicals market along with a comparative evaluation primarily based on their type of 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 type 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

• 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.
• 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