Water Treatment Chemicals Market by Type (Anti-Foaming Agents, Biocides & Disinfectants, Chelating Agents), Source (Bio-Based, Synthetic), Application, End-Use - Global Forecast 2024-2030

Water Treatment Chemicals Market by Type (Anti-Foaming Agents, Biocides & Disinfectants, Chelating Agents), Source (Bio-Based, Synthetic), Application, End-Use - Global Forecast 2024-2030

The Water Treatment Chemicals Market size was estimated at USD 43.03 billion in 2023 and expected to reach USD 44.91 billion in 2024, at a CAGR 4.40% to reach USD 58.19 billion by 2030.

Water treatment chemicals are diverse chemical substances utilized to purify and disinfect water by eliminating harmful substances, pathogens, and other contaminants. The increasing global need for clean water and stricter regulations on wastewater disposal implemented by various governments has accelerated the need for water treatment chemicals. The growth of industries such as power generation and mining, which are significant end consumers of these chemicals, propels the demand for water treatment chemicals. The heightened awareness around water-related health issues and environmental sustainability are other key factors leading to an escalating growth of the water treatment chemicals market. However, the use of certain chemicals and their disposal can often lead to adverse environmental impacts, a critical factor harming the product use. Businesses are working on the development and promotion of cost-efficient and environmentally friendly water treatment chemicals to counteract the limitations currently at play. The awareness created around water scarcity and the advancements in recycling and reusing wastewater are also providing ample potential opportunities for the growth of this market.

Regional Insights

In the Americas, the use of water treatment chemicals is wide-ranging and dynamic, with a heavy focus on maintaining water quality in industries such as oil and gas, waste management, and food and beverage. Americas hosts several key global players in the production of water treatment chemicals, marked by innovative and high-quality product ranges. Asia, with its emerging economies, shows a growing demand for water treatment chemicals in the municipal sector due to rapid urbanization and industrialization. Asia-Pacific, especially China and India, dominates the production scene for water treatment chemicals, given its large-scale manufacturing capabilities and cost-effective production methods. Asia's company landscape is dominated by large corporations and numerous local manufacturers entering into contracts with governments and industries investing in water treatment plants. Europe, characterized by stringent water quality standards, witnesses a consistent demand for water treatment chemicals across various sectors, emphasizing industrial wastewater treatment. The region emphasizes sustainable production standards, focusing more on the production of eco-friendly water treatment chemicals. ​​Europe features major companies known for their strong commitment to innovation and sustainability.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Water Treatment Chemicals Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing awareness of water scarcity and the importance of water conservation
• Government initiatives promoting water and wastewater treatment plants
• Expansion of industrial facilities and the need to manage wastewater discharges

Market Restraints

• Issues associated with resistance and adaptation to chemicals

Market Opportunities

• Advancements in the formulations of water treatment chemicals
• Introduction of new water recycling and reuse technologies

Market Challenges

• Harmful composition of certain water treatment chemicals

Market Segmentation Analysis

• Type: Rise of anti-foaming agents owing to their potential to enhance water treatment processes
• Source: Preference for bio-based chemicals for their environmental sustainability and potential for renewable sourcing
• Application: High adoption of boiler & cooling water treatment driven by their extensive industrial applications
• End-Use: Need for highly effective chemicals to manage the large scale of consumption and disposal of water

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Water Treatment Chemicals Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Water Treatment Chemicals Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Water Treatment Range Comprising Solid Chemicals Launched

DosaFil has developed a range of solid water treatment chemicals for residential heating and cooling systems, addressing common issues associated with traditional liquid chemicals. The main goal of DosaFil is to improve water quality in heating systems while also addressing concerns such as health and safety and energy consumption.

Nouryon Introduces Berol Nexxt Surfactant and Dissolvine GL Premium Chelating Agent at the 2023 SEPAWA Congress and Exhibition

Nouryon introduced two groundbreaking water treatment chemicals, Berol Nexxt and Dissolvine GL Premium to expand their product portfolio. These cutting-edge products offer high-performance and sustainable solutions for customers in the water treatment chemicals market.

USALCO Celebrates Opening of New Research and Technology Center in Baltimore

USALCO, LLC, a key producer of high-quality water treatment and industrial chemicals, has inaugurated a state-of-the-art Research and Technology Center at its flagship manufacturing facility located in Baltimore, Maryland. Through cutting-edge research and development efforts, USALCO, LLC aims to deliver innovative chemistry and service solutions to both municipal and industrial water treatment customers.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Water Treatment Chemicals Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Water Treatment Chemicals Market, highlighting leading vendors and their innovative profiles. These include Aries Chemical, Inc., BASF SE, Bauminas Quimica Ltda., Buckman Laboratories Pty Ltd., Chardon Laboratories, Inc., Chemtex Speciality Limited, Cortec Corporation, Ecolab Inc., Hibrett Puratex, Jenfitch, Inc., Kurita Water Industries Ltd., Lonza Group Ltd., Myron L Company, Nouryon Chemicals Holding B.V., Reynolds Culligan, SNF Group, Solenis LLC, Solvay S.A., The Dow Chemical Company, Thermax Limited, Veolia Environnement SA, Wego Chemical Group Inc., and Wyo-Ben, Inc..

Market Segmentation & Coverage

This research report categorizes the Water Treatment Chemicals Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

• Anti-Foaming Agents
• Biocides & Disinfectants
• Chelating Agents
• Coagulants & Flocculants
• Corrosion Inhibitors
• pH Adjusters & Stabilizers
• Scale Inhibitors
• Source
• Bio-Based
• Synthetic

Application

• Boiler Water Treatment
• Cooling Water Treatment
• Raw Water Treatment
• Water Desalination
• End-Use
• Commercial
• Industrial
• Residential

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

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