Water Treatment Chemicals Market Worth 56.57 Billion USD by 2022
The report [147 pages] "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, and Biocides & Disinfectants), End User (Municipal, Power, Oil & Gas, and Mining), Region - Global Forecast to 2022", The water treatment chemicals market is projected to grow from USD 42.23 Billion in 2017 to USD 56.57 Billion by 2022, at a CAGR of 6.0% from 2017 to 2022.
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- Significant Opportunities in the Water Treatment Chemicals Market
- Water Treatment Chemicals Market, By Type
- Water Treatment Chemicals Market Share, By Region
- Water Treatment Chemicals Market, By End User
- Water Treatment Chemicals Market, By End User and Region
Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. Coagulants & flocculants are widely used as water treatment chemicals in municipal and power applications. The increasing demand for coagulants & flocculants in these applications is due to the stringent implementation of various government regulations to ensure quality water for public health.
The municipal end user segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. As the global population is increasing continuously, the demand for treated quality water is also increasing. Thus, the consumption of water treatment chemicals in both, municipal and industrial sectors is increasing as there is a shortage of water resources. Municipalities treat water to meet stringent government regulations formulated to ensure public health.
Following are the leading players in the Water Treatment Chemicals Market:
- BASF SE (Germany)
- Ecolab Inc. (US)
- Solenis LLC (US)
- Akzo Nobel N.V. (Netherlands)
- Kemira OYJ (Finland)
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