Market Analysis: Global Water Treatment Chemicals Market
The Global Water Treatment Chemicals Market is expected to reach USD 61.86 billion by 2025, from USD 43.6 billion in 2017 growing at a CAGR of 7.9 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Water Treatment Chemicals Market
Water treatment chemicals are chemical compounds that are used in the treatment and cleaning processing of water. These chemicals provide a cost-effective and safe method of processing chemicals with reduced levels of costs in the method. These chemicals find their applications in a number of end-users’ operational cycles where the need for cheap purified water is of utmost importance.
Segmentation: Global Water Treatment Chemicals Market
Global water treatment chemicals market is segmented on the basis of:
- Type–Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Others
- End Users–Municipal, Power, Oil & Gas, Mining, Others
- Geography–North America, South America, Europe, Asia-Pacific, Middle East and Africa
. Major Market Drivers and Restraints:
- Rising demand for chemically treated water from various end-use segments
- Global Mandate for provision of safe, treated drinking water
- Regulations and measures to recycle and reuse wastewater
- Stringent regulatory and sustainability mandates concerning the environment growing end-user industry growth
- Alternative water treatment technologies
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Competitive Analysis: Global Water Treatment Chemicals Market
The global water treatment chemicals market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of water treatment chemicals market for global, Europe, North America, Asia pacific and South America.
Major Market Competitors/Players: Global Water Treatment Chemicals Market
Some of the major players operating in the global water treatment chemicals market are BASF SE , Kemira ,Ecolab Inc, Solenis, Akzo Nobel N.V., Baker Hughes Incorporated, The Dow Chemical Company, SNF Group, SUEZ , Chembond Chemicals Limited, SAMCO, VASU Chemicals Johnson Matthey Fine Chemicals among others.
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