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  • Water Treatment Chemicals Market Analysis | 2021-2026

    Water Treatment Chemicals Market Analysis | 2021-2026

    Water Treatment Chemicals Market Analysis | 2021-2026
    Report code - SRCE244 Published On : Jul,2021 No. of Pages: 230
    Water Treatment Chemicals Market Size, Share, Trend, Forecast, Competitive Analysis & See more...

    Market Highlights

    The Water Treatment Chemicals Market was estimated at US$ 26.33 billion in 2020 and is expected to grow at a healthy CAGR of 5.5% during 2021-2026 to reach US$ 35.2 billion by 2026.

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    Water Treatment is a process that is used to improve water quality, making it appropriate for various purposes such as drinking and industrial applications. Treating water means removing its contamination or at least reducing its concentration to make it usable. Numerous varieties of chemicals are used for this purpose.

    Water treatment has a wide range of applications in wastewater, industrial water, and portable 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.

    COVID-19 Impact

    The water treatment chemicals market logged a colossal decline of more than -14% in 2020. The market was hit adversely by the pandemic majorly because of a decline in the tourism industry in the wake of complete restrictions on traveling. Furthermore, various industries, such as petrochemicals, had cut their production during the lockdown period, aggravating the overall demand. However, the industry stakeholders are expecting healthy market recoveries in the near years, assisting them to quickly resuscitate the market losses during the pandemic.

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Chemical Type

    Corrosion Inhibitors, Coagulants, Flocculants, PH Adjusters, Biocides, Scale Inhibitors, and Others

    The corrosion inhibitor is expected to remain the largest and fastest-growing chemical type in the market during the forecast period.

    End-User Type

    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.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    Asia-Pacific is expected to emerge as the largest as well as the fastest-growing market

    By Type

    The water treatment chemicals market is segmented into 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 the fastest-growing chemical type in the market during the forecast period. They are mainly used for industrial water treatment.

    By 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.

    Regional Analysis

    In terms of regions, Europe and North America are well-established markets for water treatment chemicals. However, Asia Pacific is expected to emerge as the largest as well as the fastest-growing market for water treatment chemicals during the forecast period. This was mainly due to the growing population coupled with the increasing demand for clean and fresh water for human and industrial needs.

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    Key Players

    The market for water treatment chemicals is gradually consolidating with major companies performing mergers & acquisitions to quickly gain the leading position and tap the growing opportunities in this briskly expanding market.

    Some of the major players in the water treatment chemicals market are listed below-

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

    The development of effective Chemicals for critical applications, expansion in untapped and growing markets, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s water treatment chemical market realities and future market possibilities for the forecast period of 2021 to 2026. After a continuous interest in our water treatment chemical market report from the industry stakeholders, we have tried to further accentuate our research scope to the water treatment chemical market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Water Treatment Chemicals Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The Water Treatment Chemicals Market is expected to grow at a healthy CAGR of 5.5% during 2021-2026.

    SUEZ, Nalco-Ecolab company, Solenis, Nouryon, Kemira Oyj, and Kurita Water Industries Ltd, are the leading players in the market.

    The Water Treatment Chemicals Market is expected to reach US$ 35.2 billion by 2026.

    Asia-Pacific is estimated to remain dominant in the market in the foreseen future.

    Municipal is expected to remain the biggest demand generator for these chemicals during the forecast period.

    The corrosion inhibitor is expected to remain the largest segment in the market in the coming years.

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