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

The global water treatment market size was valued at US$ 26.33 billion in 2020, and is projected to reach US$ 35.2 billion by 2026, witnessing a market growth CAGR of 5.5% from 2021 to 2026, according to an analysis by 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 Chemicals Type: corrosion inhibitor

Leading End-User Type: Municipal

Leading Region: Asia-Pacific

Forecast Period: 2021-2026

Trend Period: 2016-2020

Base Year: 2021

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Water Treatment Chemicals Market:

The global water treatment chemicals market is segmented based on Chemicals type, End-User type, and region.

Based on Chemical type –

• For ease of analysis, 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 the fastest-growing chemical type in the market during the forecast period. They are mainly used for industrial water treatment.

Based on the 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 Asia-Pacific region dominates the market during the forecast period.”

• 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.

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 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.

Competitive Landscape: Top Companies in the Water Treatment Chemicals Market:

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.

The following are the key players in the water treatment chemicals market (arranged alphabetically).

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

Note: The above list does not necessarily include all the top players in the market.

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 - [email protected]

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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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