In 2017, the global market for industrial water treatment chemicals was valued at USD 13.11 million. Over the forecast period, there will be a decrease in fresh and potable drinking water availability, primarily in Asia Pacific and Middle East.
Algicide, sodium bicarbonate and muriatic acid are the most frequently used chemicals. A significant portion of the treatment options include clarifiers, coagulants and filter cleaners. The above-mentioned chemicals are used to treat polluted rivers, water effluents, or seawater.
Rapid urbanization, increasing economic development and increased industrial activity are all contributing to an increase in water demand. There are many products that can be used to meet the growing demand and provide safety for consumers. These four processes are: boiler treatment, wastewater treatment, cooling treatment, purification.
The changing climate, land use changes and increasing human population will all contribute to an increase in freshwater demand in the United States. The country's freshwater is primarily used in industrial and municipal applications, electric power plant cooling, irrigation, aquaculture, and for livestock.
Due to the infrequent rain and precipitation, Asia Pacific, South, Central America, Africa and Africa have low freshwater availability per capita. These areas are potential markets for biocides that can be used to manage industrial wastewater. This is done in order for residents to have a healthy environment and a potable water source.
There are many regulations and policies that govern industrial treatment chemicals. The Clean Water Act (CWA), Safe Drinking Water Act(SDWA) are EPA regulations. They implement a variety of pollution control programs. This includes setting up wastewater standards to protect drinking water quality in the United States. Similar regulations regulate water treatment chemicals in Europe, such as the Urban Wastewater Treatment Directive and Drinking Water Directive.
Operation charges can be high due to the high costs of processes such as maintenance and energy. This could hinder market growth. Other factors that can influence operating costs include the plant's capacity, location, employees, the type of effluent to be treated, the selection of chemicals and technologies, and the degree of automation.
The industry's transformation from the UN's Sustainable Development Goals (SDGs) to the Millennium Development Goals is expected to change the dynamic of the solutions and technologies. The overall market will be driven by the implementation of effective solutions and increasing industrial output in power generation.
The largest segment of the industrial water treatment chemicals market was boilers and cooling treatment. It accounted for 56.7% revenue share in 2017. The forecast shows that the raw water treatment chemicals segment will grow at a 4.3% CAGR.
Pretreated industrial water will be in high demand due to the presence of heavy metals, suspended particles and other contaminants. This is especially true for key countries like Brazil, China, India and U.K. This will likely provide favorable opportunities for product consumption in the future.
Effluent water treatment can be used to safely dispose of or reuse industrial wastewater. This involves the separation of industrial wastewater from wastewater using a variety of chemicals, such as organic coagulants flocculants and filtration aids.
Due to the need to reduce industrial use of freshwater, there will be a significant increase in demand for effluent treatment. This process not only reduces procurement costs but also protects the environment from pollution and contributes to sustainable development.
Asia Pacific, including China, was the region with the highest revenue and volume share. Due to the regulatory support provided by policymakers, Thailand, Vietnam and Indonesia are leading water PPP development. This is due to private sector participation in urban infrastructure and wastewater management in these countries. These factors will likely increase the regional market during the forecast period.
Taiwan is the country most affected by droughts, as it only receives 21% of its annual intense rainfall. This affects strategic manufacturing companies as well as the air quality. Taiwan's resource planners have been focusing on diversifying and securing its resources over the next years. This is fueled by a steady rise in Taiwan's industrial demand, which has increased from 15.4million m3/year down to 16.4million m3/year.
The strong presence of manufacturing facilities in the chemical, pharmaceutical, food, and beverage sectors in U.S.A and Canada will play a critical role in the rising demand for treatment services in the coming years.
The future will see a decrease in U.S. mining growth due to a lack of operating funds for mineral processors, and rising labor costs. Management services may be less accessible in the short term. However, the country's growing automobile production is expected to increase the use of treatment services at utilities of plants during the forecast period.
Global market is highly concentrated and is subject to intense competition. Industry rivalry will increase over the forecast period due to mergers and acquisitions. The industry will see increased competition over the next few decades due to the potential entry of new players.
Industry growth will be impeded by strict government policies and guidelines for the manufacturing of chemicals and equipment. The market's brand image is important because regulators are concerned about the quality and brand of the product. The market will experience moderate threat during the forecast period.
BWA Water Additives, The Dow Chemical Company, Cortec Corporation, Buckman Laboratories International Inc., AkzoNobel N.V. and Solvay S.A. Solenis LLC; Kemira Oyj. Snf Floerger. Ecolab Incorporated.
This report predicts revenue growth at the global, regional and country level and offers analysis of industry trends for each sub-segment from 2014 through 2025. Grand View Research has divided the global industrial water treatment chemicals market by region and application.
Application Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)
Raw water treatment
Water Desalination
Boilers & Cooling
Effluent water treatment
Other
Regional Outlook (Volume of Kilotons; Revenue USD Millions, 2014-2025)
North America
U.S.
Canada
Europe, Middle East, & Africa
Germany
U.K.
France
Italy
Spain
Belgium
Sweden
Austria
Finland
Poland
Turkey
China
Asia Pacific
India
Japan
South Korea
Singapore
Indonesia
Thailand
Vietnam
Australia
New Zealand
Iran
CIS
Latin America
Brazil
Mexico
Argentina
Chile
South Africa
Up Market Research published a new report titled “Industrial Water Treatment Chemicals Market research report which is segmented by Application (Cooling & Boilers, Raw Water Treatment, Desalination), By Players/Companies Kemira Oyj, Solenis LLC, Suez SA, The Dow Chemical Company, Buckman Laboratories International Inc, Solvay SA, BWA Water Additives, Snf Floerger, Ecolab Incorporated, BASF SE, AkzoNobel NV, Cortec Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Industrial Water Treatment Chemicals Market Research Report |
By Application | Cooling & Boilers, Raw Water Treatment, Desalination |
By Companies | Kemira Oyj, Solenis LLC, Suez SA, The Dow Chemical Company, Buckman Laboratories International Inc, Solvay SA, BWA Water Additives, Snf Floerger, Ecolab Incorporated, BASF SE, AkzoNobel NV, Cortec Corporation |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 224 |
Number of Tables & Figures | 157 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (Cooling & Boilers, Raw Water Treatment, Desalination).
Industrial Water Treatment Chemicals Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Industrial Water Treatment Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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