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Water Treatment Chemicals Market worth $42.2 billion by 2027 – At a CAGR of 3.2%

Published: September 10, 2022

Author: DIGITAL MEDIA EXECUTIVE

According to a new market research report, the “Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial), and Region – Global Forecast to 2027″, size is estimated to be USD 35.9 billion in 2022 and is forecasted to grow to USD 42.2 billion by 2027, at a CAGR of 3.2%, during the forecast period.

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346 Market data Tables
47 Figures
286 Pages and in-depth TOC on “Water Treatment Chemicals Market – Global Forecast to 2027″

This report also provides a comprehensive analysis of the companies listed below:

BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), Kemira OYJ (Finland), Baker Hughes (US), Lonza (Switzerland), The Dow Chemical Company (US), Snf Floerger (France), and Suez S.A. (France)

COVID-19 impact on global water treatment chemicals market

Water treatment chemicals are used in applications, such as treating used or polluted water from various end-use industries, including residential, commercial, and industrial sectors. They are generally used to treat contaminated water in water treatment plants. However, due to the ongoing pandemic, the chemical industry has been severely affected throughout the world. Manpower shortage, logistical restrictions, material unavailability, and other restrictions have slowed the growth of the industry in a considerable manner.

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Based on application, water desalination is estimated to be the fastest growing segment in the overall water treatment chemicals market

Water desalination is projected to grow at the highest CAGR during the forecast period. The rising demand of freshwater and increasing water scarcity in driving the demand of water desalination, especially in the Middle East & Africa region. Moreover, rapid industrialization has increased the water utilization in various industries boosting the demand for water desalination in the water treatment chemicals market.

Asia Pacific is projected to grow the fastest in the overall water treatment chemicals market during the forecast period

Asia Pacific is projected to be the fastest growing region for water treatment chemicals between 2022 and 2027. The emerging economies of the region such as China, India, Indonesia, and South Korea are witnessing increasing demand of water treatment chemicals due to rising awareness about the water and wastewater treatment coupled with the rapid industrial and infrastructural development. These factors are expected to support the growth of water treatment chemicals market in the Asia Pacific region. Additionally, the government regulations towards water treatment are increasing the demand of water treatment chemicals in the region.

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