Global Water Treatment Chemicals and Additives Market Description
Chemical water treatment can be successfully used for the removal of both toxic organic and inorganic compounds, and physical-chemical methods are intended to remove a wide range of contaminants from water starting from organic and inorganic compounds and ending with biological pollution.
Global Water Treatment Chemicals and Additives Market Overview
It is estimated for the global water treatment chemicals additives market to witness growth at a healthy rate of 4.8% during the forecast period of 2022 to 2030. The market witnessed growth at a stunning rate even during the previous forecast period of 2018 to 2021.
The increasing pollution rate in the water bodies like lakes, wells, canals and so on is the place where the use of water chemicals takes place at an increasing rate. This factor is estimated to boost the growth of the market during the forecast period.
The increased use of water sports like swimming, rafting, water volleyball and so on are boosting the growth of the market as the increasing use of water for these sports results in the increased use of these chemicals in the water bodies where the use of these chemicals takes place. This factor is also boosting the growth of the market during the forecast period.
The health hazards associated with the use of these water chemicals and the growing awareness about these chemicals among the younger population are estimated to hamper the growth of the market during the forecast period. The decreasing use of chemicals in the household by shifting themselves to water filters is also a factor that is estimated to hamper the growth of the market during the forecast period.
Global Water Treatment Chemicals and Additives Market Key Trends
Increasing water sports across the globe to boost the growth of the market
The increased use of water sports like swimming, rafting, water volleyball and so on are boosting the growth of the market as the increasing use of water for these sports results in the increased use of these chemicals in the water bodies where the use of these chemicals takes place. This factor is also boosting the growth of the market during the forecast period.
Increasing alternatives for these chemicals around the world hamper the market
The health hazards associated with the use of these water chemicals and the growing awareness about these chemicals among the younger population are estimated to hamper the growth of the market during the forecast period. The decreasing use of chemicals in the household by shifting themselves to water filters is also a factor that is estimated to hamper the growth of the market during the forecast period.
Global Water Treatment Chemicals and Additives Market Segmental Assessment
By Product Type
Coagulants & Flocculants
Biocide & Disinfectant
Defoamer & Defoaming Agent
pH & Adjuster & Softener
It is estimated for the pH & adjuster & softener segment to boost the growth of the market during the forecast period.
By Application Type
Raw Water Treatment
Water Desalination
Cooling
Boiler
It is estimated for the boiler segment to boost the growth of the market during the forecast period.
Global Water Treatment Chemicals and Additives Market Geographical Landscape
It is estimated for the region of US to drive the growth of the market during the forecast period. The growth in the technological advancements in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.
Global Water Treatment Chemicals and Additives Market Competitive Hierarchy
Some key players operating in the water treatment chemicals market include Suez, Nouryon, Kemira Oyj, Ecolab, Solenis, Kurita Water Industries, Ltd, Solvay, SNF Floerger, and Dow Chemicals.
Report Scope
Global Water Treatment Chemicals and Additives Market : Historical Years (2018 to 2021)
Global Water Treatment Chemicals and Additives Market : Forecast years (2022 to 2030)
Global Sonar System Market CAGR 4.8%
Key Segments Reported
By Product Type (Coagulants & Flocculants, Biocide & Disinfectant, Defoamer & Defoaming Agent and pH & Adjuster & Softener)
By Application Type (Raw Water Treatment, Water Desalination, Cooling and Boiler)
Major regions and countries covered
North America
Europe
Asia Pacific
Middle East
Rest of the World
Some key players operating in the water treatment chemicals market include Suez, Nouryon, Kemira Oyj, Ecolab, Solenis, Kurita Water Industries, Ltd, Solvay, SNF Floerger, and Dow Chemicals.
