Water Treatment Chemicals Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2028
The global water treatment chemicals market size is estimated to be USD 36.7 billion in 2023 and projected to reach USD 43.9 billion in 2028, at a CAGR of 3.6%.
(EMAILWIRE.COM, May 03, 2024 ) The report "Water Treatment Chemicals Market by Type (Flocculant & Coagulant, Corossion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), Source, End-use (Residential. Commercial & Industrial), and Region - Global Forecast to 2028" The global water treatment chemicals market size is estimated to be USD 43.9 billion by 2028 from USD 36.7 billion in 2023, at a CAGR of 3.6% during the forecast period.
Browse in-depth TOC on "Water Treatment Chemicals Market”
259 - Market Data Tables
53 - Figures
282 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=342
On the basis of type, the coagulants & flocculants segment is expected to lead the market in terms of value in 2023, due to their pivotal role in water purification. These chemicals facilitate the removal of impurities by aggregating and settling particles, ensuring efficient water treatment. With increasing concerns about water quality and environmental regulations, the demand for effective coagulants and flocculants remains high, driving this segment's leadership in the market.
On the basis of source, synthetic water treatment chemicals have the largest market share because of their adaptability and consistent quality. They are designed to suit various water treatment needs, offering reliable and customized solutions. Synthetic chemicals often outperform bio-based water treatment chemicals, as they are cost-effective and reliable. As the demand for efficient and sustainable water treatment grows, synthetic chemicals become the preferred choice, due to their ability to effectively address a wide range of water treatment challenges while maintaining high standards of quality and safety, making them the market leader.
On the basis of application, raw water treatment is expected to lead the market in 2023, due to a confluence of critical factors. As the world handles mounting concerns about water quality and scarcity, the treatment of untreated water sources is taking center stage. Municipalities and industries are increasingly focusing on ensuring clean and safe drinking water supplies, in light of rising pollution levels, climate-related challenges, and stringent regulatory standards. Furthermore, industrial processes heavily rely on raw water, necessitating effective treatment solutions to meet environmental sustainability goals and maintain operational efficiency. The growing awareness of waterborne diseases and contaminants further underscores the vital role of raw water treatment, making it a top priority for health and environmental well-being.
On the basis of end-use industry, the industrial segment is projected to lead the water treatment chemicals market in terms of value during the forecast period. The growth of this segment of the market can be attributed to the continuously growing population across the globe along with rapid urbanization. This is expected to increase the demand for quality water. Aditionally, increasing number of projects being tendered and commissioned in emerging economies across the globe is also contributing to the growing demand for water treatment chemicals in the industrial end user segment.
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On the basis of region, North America region accounted for the largest market share in 2022 and it is also expected to be the largest market for water treatment chemicals during the forecast period, in terms of value. Owing to the factors such as high disposable income of masses, high living standards, and large industrial base has large demand for water treatment chemicals in North America. Whereas the water treatment chemicals market in Asia Pacific region is projected to witness highest growth during the forecast period. Growing industrial, power, and manufacturing sectors are anticipated to enhance the demand for boiler chemicals and systems in the emerging economies of Asia Pacific in near future. Various government policies and initiatives to attract investments from various international companies are also expected to boost the growth of the Asia Pacific water treatment chemicals market from 2023 till 2028.
Water Treatment Chemicals Market Key Players
Key players in the water treatment chemicals market are Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Dow Inc. (US), and Solenis LLC (US). These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These players can focus on developing innovative authentication and brand protection technologies and offerings owing to the emergence of new application areas for authentication and brand protection. These companies offer several product offerings and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share. These companies focus on product launches, collaborations, acquisitions, contracts, and partnerships to strengthen their footprint through product innovations and extend their business reach.
Don't miss out on business opportunities in Water Treatment Chemicals Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=342
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Browse in-depth TOC on "Water Treatment Chemicals Market”
259 - Market Data Tables
53 - Figures
282 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=342
On the basis of type, the coagulants & flocculants segment is expected to lead the market in terms of value in 2023, due to their pivotal role in water purification. These chemicals facilitate the removal of impurities by aggregating and settling particles, ensuring efficient water treatment. With increasing concerns about water quality and environmental regulations, the demand for effective coagulants and flocculants remains high, driving this segment's leadership in the market.
On the basis of source, synthetic water treatment chemicals have the largest market share because of their adaptability and consistent quality. They are designed to suit various water treatment needs, offering reliable and customized solutions. Synthetic chemicals often outperform bio-based water treatment chemicals, as they are cost-effective and reliable. As the demand for efficient and sustainable water treatment grows, synthetic chemicals become the preferred choice, due to their ability to effectively address a wide range of water treatment challenges while maintaining high standards of quality and safety, making them the market leader.
On the basis of application, raw water treatment is expected to lead the market in 2023, due to a confluence of critical factors. As the world handles mounting concerns about water quality and scarcity, the treatment of untreated water sources is taking center stage. Municipalities and industries are increasingly focusing on ensuring clean and safe drinking water supplies, in light of rising pollution levels, climate-related challenges, and stringent regulatory standards. Furthermore, industrial processes heavily rely on raw water, necessitating effective treatment solutions to meet environmental sustainability goals and maintain operational efficiency. The growing awareness of waterborne diseases and contaminants further underscores the vital role of raw water treatment, making it a top priority for health and environmental well-being.
On the basis of end-use industry, the industrial segment is projected to lead the water treatment chemicals market in terms of value during the forecast period. The growth of this segment of the market can be attributed to the continuously growing population across the globe along with rapid urbanization. This is expected to increase the demand for quality water. Aditionally, increasing number of projects being tendered and commissioned in emerging economies across the globe is also contributing to the growing demand for water treatment chemicals in the industrial end user segment.
Get Sample Pages of This Report @https://www.marketsandmarkets.com/requestsampleNew.asp?id=342
On the basis of region, North America region accounted for the largest market share in 2022 and it is also expected to be the largest market for water treatment chemicals during the forecast period, in terms of value. Owing to the factors such as high disposable income of masses, high living standards, and large industrial base has large demand for water treatment chemicals in North America. Whereas the water treatment chemicals market in Asia Pacific region is projected to witness highest growth during the forecast period. Growing industrial, power, and manufacturing sectors are anticipated to enhance the demand for boiler chemicals and systems in the emerging economies of Asia Pacific in near future. Various government policies and initiatives to attract investments from various international companies are also expected to boost the growth of the Asia Pacific water treatment chemicals market from 2023 till 2028.
Water Treatment Chemicals Market Key Players
Key players in the water treatment chemicals market are Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (US), Dow Inc. (US), and Solenis LLC (US). These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These players can focus on developing innovative authentication and brand protection technologies and offerings owing to the emergence of new application areas for authentication and brand protection. These companies offer several product offerings and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share. These companies focus on product launches, collaborations, acquisitions, contracts, and partnerships to strengthen their footprint through product innovations and extend their business reach.
Don't miss out on business opportunities in Water Treatment Chemicals Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=342
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results