Water Treatment Chemicals Market is Forecasted to Reach US$ 35.2 Billion in 2026, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global water treatment chemicals market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2020: US$ 26.33 billion

Market Size in 2026: US$ 35.2 billion

Growth (CAGR): 5.5% during 2021-2026

Leading Chemical Type: Corrosion Inhibitors

Leading End-User Type: Municipal

Leading Region: Asia-Pacific

Forecast Period: 2021-2026

Trend Period: 2015-2019

Base Year: 2020

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Water Treatment Chemicals Market:

The global water treatment chemicals market is segmented based on chemical type, salt type, application type, end-user type, and region.

Based on chemical type – The water treatment chemicals market is segmented into types, namely chemical type, end-user type, and region type. Based on the chemical type, the water treatment market is segmented as corrosion inhibitors, coagulants, flocculants, PH adjusters, biocides, disinfectants, scale inhibitors, and others. Despite being hit adversely in 2020, the corrosion inhibitor is expected to remain the largest and fastest-growing chemical type in the market during the forecast period. They are mainly used for industrial water treatment.

Based on end-user type - The market is segmented into Paper & Pulp, Power Generation, Metals & Mining, Refining, Wastewater, Municipal, and others. Municipal is expected to remain the biggest demand generator for these chemicals during the forecast period. The power generation industry is one of the major sources of industrial wastewater, which contains substantial levels of toxic metal impurities such as lead, mercury, arsenic, and chromium. These impurities can cause harm to the environment if not treated properly. Thus, the power generation industry needs water treatment chemicals in a significant amount, creating a decent market for the same.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific region dominates the market during the forecast period. This growth outlook is majorly attributed to the following–

·      This was mainly due to the growing population, coupled with the increasing demand for clean and fresh water for human and industrial needs.

Water Treatment Chemicals Market Drivers:

Some of the key drivers listed in the report are given below.

·      Water treatment has a wide range of applications in wastewater, industrial water, and potable water. Its market in North America and Asia-Pacific is already well established, attributed to increased awareness regarding the quality of water. Also, both regions are among the prominent users of industrial chemicals.

Top Companies in the Water Treatment Chemicals Market:

Stratview Research has identified the following companies as the top market players:

• Buckman
• Kemira Oyj
• Kurita Water Industries Ltd
• Nalco-Ecolab Company
• Nouryon
• SNF Group
• Solenis
• SUEZ
• The Dow Chemical Company
• Veolia Water

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-      Green Water Treatment Chemicals Market

-      Industrial Wastewater Treatment Market

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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