Global Water Treatment Chemicals Market Insights Forecasts to 2030

• The Water Treatment Chemicals Market Size was valued at USD 30.10 Billion in 2021.
• The Worldwide Market Share is growing at a CAGR of 4.4% from 2022 to 2030
• The Global Water Treatment Chemicals Market Size is expected to reach USD 42.33 Billion by 2030
• Asia Pacific is expected to grow the fastest during the forecast period

The Global Water Treatment Chemicals Market Size is expected to reach USD 42.33 Billion by 2030, at a CAGR of 4.4% during the forecast period 2022 to 2030.

Market Overview

In order to change the physical and chemical characteristics of water for use in municipal and industrial applications, water treatment chemicals are used. The demand for water treatment chemicals is rising as people become more aware of the importance of clean, safe water and as a result of government rules governing the processing of waste water. Water treatment chemicals have a well-established market in North America and Europe. The improvement in water quality and strict adherence to environmental rules are primarily responsible for the market expansion in these areas.

Report Coverage

This research report categorizes the market for Water Treatment Chemicals market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Water 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-segments of the Water Treatment Chemicals market.

Driving Factors

The growth can be ascribed to rising demands from the sugar and ethanol, fertiliser, geothermal power generation, petrochemical manufacturing, and refining industries, particularly in emerging economies. Moreover, the Middle East and Africa are predicted to experience encouraging market expansion due to the expanding use of saline water treatment to meet the region's rising water demand. The use of wastewater recycling has expanded as a result of water shortages, which is the main reason boosting the market for water treatment chemicals. Also, the demand for clean water in the mining, pulp and paper, chemical processing, oil and gas, and power plant industries is anticipated to fuel the expansion of the market for water treatment chemicals. The market for water treatment chemicals will, however, be constrained by the growing number of chemical processes and the availability of alternative treatment technologies.

Restraining Factors

Water treatment chemicals will have plenty of chances thanks to strict government controls on TSS levels.

Market Segmentation

• In 2021, the Coagulants and flocculants holds the largest market share over the forecast period.

On the basis of product, the global water treatment chemicals market is segmented into Coagulants & Flocculants, Biocide & Disinfectant, Scale & Corrosion Inhibitor. Among these, the coagulants and flocculants is dominating the market with the largest market share over the forecast period. Coagulation and flocculation are primarily utilised in the storage of chemical products at oil and gas plants. The sedimentation process is sped up by the coagulation process. Aluminum chloride, aluminium sulphate, and other organic and inorganic compounds are used as coagulants. To eliminate 90% of the suspended solid particles from the wastewater during the treatment process, coagulants are added.

• In 2021, the Raw Water Treatment is dominating the market over the forecast period.

Based on application, the global water treatment chemicals market is segmented into Raw Water Treatment, Water Desalination, Cooling, Boiler, Effluent Water Treatment, Others. Among these, the raw water treatment segment is dominating the market over the forecast period due to its expanding use in industrial settings for cooling, product development, rinsing, or, if sufficiently filtered, even human ingestion. It is used to pretreat water that has been obtained in order to increase the productivity and effectiveness of the final product for a particular application. It is focused on protecting the industrial equipment from corrosion, scaling and fouling, and any other form of damage. As they are created to meet certain treatment needs, the processes may differ from one another. Coagulation, flocculation, sedimentation, filtration, disinfection, and distribution are typically included in the process.

• In 2021, the Municipal holds the largest market share over the forecast period.

On the basis of end use, the global water treatment chemicals market is segmented into Power, Oil & Gas, Chemical Manufacturing, Mining & Mineral, Processing, Municipal, Food & Beverage, Pulp & Paper, Others. Among these, the municipal holds the largest market share over the forecast period due to the chemicals' widespread use in municipal and industrial wastewater treatment applications. The major players have been forced to concentrate on water reuse and recycling due to the growing water scarcity in the industrialised economies of Europe and North America. Industrialists have been encouraged to develop or improve their wastewater treatment and reuse facilities by the rising municipal fees for waste treatment. Strength chemicals are used in fluid treatment for a variety of purposes, including flocculation, sludge dewatering, and emulsion breaking.

Regional Segment Analysis of the 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)

North America is dominating the market with the largest market share.

North America accounted the largest market share over the forecast period. In North Dakota and West Texas regions of North America, technological advancement in hydraulic fracturing has led to increased production output of unconventional sources including shale gas and tight oil. As a result, water treatment facilities are now more prevalent in the upstream oil and gas sector, which is anticipated to have a significant positive impact on the market throughout the forecast period.

Recent Developments

• In September 2022, In Chennai, India, Toray Industries, Inc. inaugurated the Toray India Water Research Center. To help India meet its growing treatment demand, the institute will intensify R&D into applications for its water-treatment membrane technology.
• In August 2022, At Palwal, Haryana, Daiki Axis is developing its second sewage treatment facility with a 1,000 unit capacity through its subsidiary Daiki Axis India.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global Water 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 Market Players

• Ecolab
• Kemira
• Danaher
• BASF SE
• Kurita Water Industries Ltd
• GENERAL ELECTRIC
• BWA Water Additives US LLC
• Cortec Corporation
• DOW, Buckman
• Solvay
• Akzo Nobel N.V
• Air Products and Chemicals, Inc
• ION EXCHANGE
• Carus Group Inc
• Thermax Limited
• Hydrite Chemical Co
• Lonza
• SUEZ
• Solenis

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 2019 to 2030. Spherical Insights has segmented the global Water Treatment Chemicals market based on the below-mentioned segments:

Water Treatment Chemicals Market, By Product

• Coagulants & Flocculants
• Biocide & Disinfectant
• Scale & Corrosion Inhibitor

Water Treatment Chemicals Market, By Application

• Raw Water Treatment
• Water Desalination
• Cooling
• Boiler
• Effluent Water Treatment
• Others

Water Treatment Chemicals Market, By End Use

• Power
• Oil & Gas
• Chemical Manufacturing
• Mining & Mineral
• Processing
• Municipal
• Food & Beverage
• Pulp & Paper
• Others

Water Treatment Chemicals Market, 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 Middle East & Africa