The [147 Pages] report "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants), End user (Municipal, Power, Oil & Gas, Mining), and Region - Global Forecast to 2027". Water Treatment Chemicals Market is projected to reach USD 75.8 billion by 2027, at a CAGR of 6.0% during the forecast period.
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Browse 81 market data Tables and 30 Figures spread through 147 Pages and in-depth TOC on "Water Treatment Chemicals Market”
Growth of WTCs is mainly due to rising GDP, growing population, public awareness, wastewater reuse, improved economic conditions, new discoveries in oil & gas industry, and increasing expansions & other development strategies in the region. Contributions of various water quality associations and companies toward research & development and enhancement of properties of water treatment chemicals such as biodegradability, efficiency, are also some of the drivers for water treatment chemicals.
Based on type, biocides & disinfectants segment is projected to be a larger segment of the market during the forecast period, in terms of value.
Based on type, biocides & disinfectants segment is projected to be a larger among others in the water treatment chemicals market during the forecast period, in terms of value. It is widely used as water treatment chemicals in the municipal and power applications. Owing to the increasing demand for chemicals in municipal sectors and stringent government regulations towards water usage for public health drives the demand of biocides & disinfectants.
The municipal end user of the market is projected to the largest segment of the market, in terms of value.
The municipal segment is expected to be the largest segment of the water treatment chemicals market during the forecast period. As the population rises globally, the demand for treated water also increases. The consumption for both municipal and industrial purposes is increasing rapidly, as there is a shortage of water resources. Municipalities treat water to meet stringent government regulations. The main function performed by water treatment chemicals in municipal water treatment are coagulation and flocculation, anti-foaming, chelation, and disinfection processes. Water treatment chemicals with a wide variety of properties are used at different stages and operating conditions in the municipal water treatment to mitigate impurities in the water. Increased use in the municipal water treatment in the next five years is expected to further drive the water treatment chemicals market.
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The North America water treatment chemicals market is projected to the largest segment of the market till 2027, in terms of value.
The North America water treatment chemicals market is the largest market for water treatment chemicals during forecast period. Owing to the large industrial base and high living standard of population which requires high quality of drinking water. In addition to this, stringent regulatory and sustainable mandates concerning the environment also drives the water treatment chemicals market in the region.
Some of the key players in the water treatment chemicals market are BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (U.S.), Akzo Nobel N.V. (Netherlands), The Dow Chemical Company (U.S), and Kemira OYJ (Finland). Expansion was the major growth strategies adopted by the market players to cater to the demand for water treatment chemicals in emerging economies.
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Water Treatment Chemicals
Market is expected to
witness a CAGR of more than
6.0% till 2027
March 15, 2019
[1 47 Pages Report] on Water Treatment Chemicals
Market by Type (Coagulants & Flocculants, Corrosion
Inhibitors, Scale Inhibitors, Biocides & Disinfectants), End user (Municipal,
Power ,Oil & Gas, Mining), and Region - Global Forecast to 2027", is
projected to reach USD 75.8 billion by 2027, at a CAGR of 6.0% during
the forecast period
Request for PDF of report:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?
id=342
The main objective of this study is to define, describe, and forecast the
water treatment chemicals market based on type, end user, and region.
The report includes detailed information about the major factors such as
drivers, restraints, opportunities, and industry-specific challenges
influencing the growth of the water treatment chemicals market. The
report strategically analyzes the market segments with respect to
individual growth trends, growth prospects, and contribution to the total
market. In the report, the water treatment chemicals market has been
studied for North America, Europe, Asia-Pacific, the Middle East & Africa,
and Central & South America.
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Expansions are among the key strategies adopted by the
major players to strengthen their position in the water
treatment chemicals market. This strategy accounted for a
share of 40.5% of the total growth strategies adopted by
the leading market players between January 2013 and
August 2017. Companies operating in the water treatment
chemicals market adopted the strategy of acquisitions to
expand their regional presence. This strategy accounted
for a share of 33.3% of the total growth strategies adopted
by the players between January 2013 and