Global Water Treatment Chemical Market Research Report 2023
Global Water Treatment Chemical Market Size by Product Type (Coagulants & Flocculants, Biocide & Disinfectant, Defoamer & Defoaming Agent, pH & Adjuster & Softener, Scale & Corrosion Inhibitor, Others) Application (Raw Water Treatment, Water Desalination, Cooling, Boiler, Effluent Water Treatment), End User (Power Generation, Municipal Water Treatment, Chemical Processing, Pulp and Paper, Food and Beverages, Metal and Mining, Oil and Gas, Construction) And Region Global Market Analysis and Forecast, 2023-2030
Global Water Treatment Chemical Market Synopsis
The Global Water Treatment Chemical Market size was valued at USD 33,491.56 Million in 2023 and is projected to reach USD 41,895.35 Million by 2030, growing at a CAGR of 3.25% from 2023 to 2030.
Water treatment is any process that improves the quality of water to make it appropriate for a specific end-use. The end use may be drinking, industrial water supply, irrigation, river flow maintenance, water recreation, or many other uses, including being safely returned to the environment.
- Water treatment removes contaminants and undesirable components, or reduces their concentration so that the water becomes fit for its desired end-use. This treatment is crucial to human health and allows humans to benefit from both drinking and irrigation use.
- Chemicals used in water treatment are used to change the physical and chemical characteristics of water for usage in municipal and industrial settings. The demand for water treatment chemicals has increased as people become more aware of the need for clean, safe water and of government rules governing the treatment of wastewater.
- After the water has been filtered, water treatment plants may add one or more chemical disinfectants (such as chlorine, chloramine, or chlorine dioxide) to kill any remaining parasites, bacteria, or viruses.
- Water treatment chemicals make reusing and recycling water possible, turning the way our world uses water into a circular economy rather than a linear one. By taking a net-positive approach to water treatment, we can accelerate the world’s transition to recycled water together.
Top Key Players Involved Are:
"SUEZ (France), BASF SE (Germany), Ecolab (United States), Solenis (United States), Nouryon (Netherlands), Kemira Oyj (Finland), Baker Hughes, a GE company LLC (United States), The Dow Chemical Company (United States), SNF Group (France)Cortec Corporation (United States), Buckman (United States), Solvay S.A. (Belgium), Kurita Europe GmbH (Germany), Veolia (France), Somicon ME FZC (United Arab Emirates), Johnson Matthey (United Kingdom) and Other Major Players."
Water Treatment Chemicals Market Trend Analysis
Growing Urbanization and Infrastructure Development
- The growth of urban areas and the accompanying rise in population are driving the demand for water treatment chemicals. As cities expand, there is an increasing need for clean water supply and efficient wastewater treatment.
- Infrastructure projects such as residential buildings, commercial complexes, industrial parks, and municipal wastewater treatment plants require the implementation of water treatment systems, which rely on the use of water treatment chemicals. These chemicals play a vital role in purifying water sources, eliminating contaminants, and ensuring water quality standards are met.
- Furthermore, industrial growth associated with urbanization leads to higher water consumption and wastewater generation, making effective water treatment chemicals crucial for managing and treating industrial wastewater in compliance with regulations and environmental protection.
- In Conclusion, the demand for water treatment chemicals is fueled by urbanization, infrastructure development, and the requirement for sustainable water management practices to meet the growing need for clean water and proper wastewater treatment in urban areas.
(Source: Statista)
According to the graph provided, the global construction market has been consistently growing over time. This growth indicates a continuous need for water treatment chemicals within the construction industry. The interdependence between these two markets implies that as the construction market expands, the demand for water treatment chemicals also increases. In 2021, the size of the construction market reached 6.4 trillion U.S. dollars, and it is projected to continue growing in the coming years. Consequently, the water treatment chemical market is expected to experience a corresponding increase in demand.
Water Reuse and Recycling Present Significant Opportunities
- The promotion of water reuse and recycling through regulations and incentives in various countries and regions is creating a favorable market for water treatment chemical companies. These companies can leverage this trend by developing specialized chemicals that cater to the specific needs of water reuse applications and comply with regulatory standards.
- Additionally, the advancements in water treatment technologies, including membrane filtration, reverse osmosis, and advanced oxidation processes, have significantly improved the efficiency and cost-effectiveness of water reuse and recycling. To optimize the performance of these technologies, specific water treatment chemicals are often required.
- In Conclusion, the growing market for water reuse and recycling solutions is driven by increasing demand, supportive regulations, technological advancements, sustainability initiatives, and the potential for collaborations. By strategically capitalizing on these opportunities, water treatment chemical companies can establish themselves as key players in this expanding market.
Segmentation Analysis of the Water Treatment Chemical Market
The Water Treatment Chemical Market segments cover the Type, Application, and End-users. By Type, the Coagulants & Flocculants Segment is Anticipated to Dominate the Market Over the Forecast period.
- The coagulant and flocculant segment is a critical component of the water treatment chemicals market, playing a crucial role in water and wastewater treatment processes. Coagulants are chemicals that induce the destabilization of particles in water, leading them to aggregate and form larger flocs. Conversely, flocculants aid in the aggregation and settling of these flocs, facilitating their separation from the water.
- The demand for coagulants and flocculants is driven by the increasing need for efficient water and wastewater treatment across diverse industries and sectors. These chemicals find extensive application in municipal water treatment plants, industrial processes, mining operations, and oil and gas production, among others. Heightened focus on regulatory compliance, environmental protection, and the delivery of high-quality treated water further fuels the demand for coagulants and flocculants.
- In Conclusion, the coagulant and flocculant segment of the water treatment chemicals market plays a vital role in achieving efficient solid-liquid separation and the removal of impurities, ultimately contributing to the provision of clean and safe water for a wide range of applications.
Regional Analysis of The Water Treatment Chemical Market
Asia Pacific is Expected to Dominate the Market Over the Forecast Period.
- The Asia Pacific region has the world's largest population and is currently undergoing rapid urbanization. This demographic shift and urban development are fueling the need for clean water supply, efficient wastewater treatment, and robust water management systems. As a result, there is a substantial demand for water treatment chemicals in this region, making it a key driver of the market.
- Moreover, Asia Pacific is experiencing significant industrial growth across diverse sectors such as manufacturing, power generation, chemicals, and oil and gas. These industries rely on effective water treatment solutions to comply with regulatory standards, ensure operational efficiency, and safeguard the environment. The robust industrial growth in the region further strengthens its position as a dominant force in the water treatment chemical market.
- In conclusion, the dominance of Asia Pacific in the water treatment chemical market can be attributed to several factors including its large population, rapid urbanization, industrial expansion, infrastructure development, water scarcity challenges, regulatory requirements, focus on sustainability, and overall economic growth. The interplay of these factors creates a substantial demand for water treatment chemicals in the region, firmly establishing Asia Pacific as a leading market in the industry.
Covid-19 Impact Analysis on the Water Treatment Chemical Market
- The global restrictions and lockdown measures implemented to control the spread of the virus have disrupted supply chains across industries, including the water treatment chemical sector. Manufacturing plants, transportation networks, and logistics operations have faced challenges, leading to delays in the production, distribution, and delivery of water treatment chemicals.
- Various sectors, such as hospitality, commercial, and industrial, experienced significant disruptions and reduced operations during the pandemic. This resulted in decreased water consumption and wastewater generation, leading to a decline in the demand for water treatment chemicals from these sectors.
- The pandemic has heightened concerns regarding health and safety in water treatment facilities. This has led to an increased focus on disinfection and sanitation processes, which may require adjustments in the use and application of water treatment chemicals.
- In Conclusion, the direct impacts of the COVID-19 pandemic on the water treatment chemical market can vary across regions and depend on the severity of the outbreak, government regulations, and the resilience of the local water treatment infrastructure.
Top Key Players Covered in the Water Treatment Chemical Market
- SUEZ (France)
- BASF SE (Germany)
- Ecolab (United States)
- Solenis (United States)
- Nouryon (Netherlands)
- Kemira Oyj (Finland)
- Baker Hughes
- GE Company LLC (United States)
- The Dow Chemical Company (United States)
- SNF Group (France)
- Cortec Corporation (United States)
- Buckman (United States)
- Solvay S.A. (Belgium)
- Kurita Europe GmbH (Germany)
- Veolia (France)
- Somicon ME FZC (United Arab Emirates)
- Johnson Matthey (United Kingdom) and Other Major Players.
Key Industry Developments in the Water Treatment Chemical Market
In January 2023, Delhi-based chemical manufacturer Vikas Ecotec filed a patent for polymer nanocomposites. The company said that it has filed a patent in collaboration with the King Khalid University on A Process for the designing of Conducting Polymer Nanocomposites on Activated Carbon Membrane for the Removal of Bacterial Contamination from Polluted Waste Water
In September 2020, DIC Enters into an Agreement to Establish Strategic Partnership with DuPont in the Water Treatment Business. IC Corporation and DIC Group company Sun Chemical Corporation have agreed to establish a strategic partnership with DuPont aimed at expanding global sales of degassing modules for water treatment. Through this partnership, DIC grants DuPont exclusive sales rights for its large degassing modules for industrial water treatment applications to increase sales in Asia, the United States, and Europe.
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Global Water Treatment Chemical Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 33,491.56 Mn. |
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Forecast Period 2023-30 CAGR: |
3.25% |
Market Size in 2032: |
USD 41,895.35 Mn. |
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Segments Covered: |
By Product Type |
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By Application |
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By End Users |
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By Region |
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Global Water Treatment Chemical Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 33,491.56 Mn. |
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Forecast Period 2023-30 CAGR: |
3.25% |
Market Size in 2032: |
USD 41,895.35 Mn. |
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Segments Covered: |
By Product Type |
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By Application |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the Report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Application
3.3 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory
Frequently Asked Questions
What would be the forecast period in the Water Treatment Chemicals Market research report?
The forecast period in the Water Treatment Chemicals Market research report is 2023-2030.
Who are the key players in the Water Treatment Chemicals Market?
SUEZ (France), BASF SE (Germany), Ecolab (United States), Solenis (United States), Nouryon (Netherlands), Kemira Oyj (Finland), Baker Hughes, a GE company LLC (United States), The Dow Chemical Company (United States), SNF Group (France), Cortec Corporation (United States), Buckman (United States), Solvay S.A. (Belgium), Kurita Europe GmbH (Germany), Veolia (France), Somicon ME FZC (United Arab Emirates), Johnson Matthey (United Kingdom), and Other Major Players.
What are the segments of the Water Treatment Chemicals Market?
The Water Treatment Chemicals Market is segmented into Type, Application, End User, and region. By Type, the market is categorized into Coagulants & Flocculants, Biocide & Disinfectants, Defoamer & Defoaming Agents, pH & Adjuster & Softener, Scale & Corrosion Inhibitors, and Others. By Application, the market is categorized into Raw Water Treatment, Water Desalination, Cooling, Boiler, and Effluent Water Treatment. By End Users, the market is categorized into Power Generation, Municipal Water Treatment, Chemical Processing, Pulp and Paper, Food and Beverages, Metal and Mining, Oil and Gas, and Construction. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia Pacific (China; India; Japan; South Korea; Malaysia; Thailand; Vietnam; The Philippines; Australia; New-Zealand; Rest of APAC), Middle East & Africa (Turkey; Bahrain; Kuwait; Saudi Arabia; Qatar; UAE; Israel; South Africa), South America (Brazil; Argentina; Rest of SA)
What is the Water Treatment Chemicals Market?
Water treatment is any process that improves the quality of water to make it appropriate for a specific end-use. The end use may be drinking, industrial water supply, irrigation, river flow maintenance, water recreation, or many other uses, including being safely returned to the environment. Water treatment removes contaminants and undesirable components, or reduces their concentration so that the water becomes fit for its desired end-use. This treatment is crucial to human health and allows humans to benefit from both drinking and irrigation use. Chemicals used in water treatment are used to change the physical and chemical characteristics of water for usage in municipal and industrial settings. The demand for water treatment chemicals has increased as people become more aware of the need for clean, safe water and of government rules governing the treatment of wastewater.
How big is the Water Treatment Chemicals Market?
The Global Water Treatment Chemical Market size was valued at USD 33,491.56 Million in 2023 and is projected to reach USD 41,895.35 Million by 2030, growing at a CAGR of 3.25% from 2023 to 2030.
