Global Residential Swimming Pool Chemical Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Since the pool is not a natural cycle and ecosystem, it is necessary to add the right amount of chemicals to ensure that the water quality is clean. Swimming pool treatment chemicals are used in water treatment processes to eliminate microorganisms of all life stages and sizes. They also keep the water clean and maintain the pH level of the water. A few of the chemicals are used to balance pH levels and offer shock treatment, among others.
Market Overview:The latest research study on the global Residential Swimming Pool Chemical market finds that the global Residential Swimming Pool Chemical market reached a value of USD 2194.8 million in 2022. It’s expected that the market will achieve USD 2738.21 million by 2028, exhibiting a CAGR of 3.76% during the forecast period.
Market DriversThe continued recovery of the residential construction industry in the U.S., major European countries, China, India and several other countries across the world is a positive growth factor for the global construction of swimming pools. Attractive amenities in residential complexes draw attention to property buyers who influence builders to include a swimming pool and gym facilities in their projects. Rising income, budget for home purchases and rising demand for attractive amenities have an impact on the construction of swimming pools. The increase in the number of residential swimming pools is driving the demand for residential swimming pool chemicals.
Special chemical industry is a technology intensive, capital intensive deep processing industry, the healthy development of the industry needs talents, technology, capital support. As some countries in industry and scientific research value, increasing enterprise's devotion to research and development, swimming pool chemicals industry has the ability to have a research and development of scientific research personnel and skilled operation experience of skilled workers, of some capital and technical strength in the industry enterprise has established a R&D center.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Solenis, Phoenix Products Co, Oreq Corporation, Bio-dex and MELSPRING are the five key players in the global Residential Swimming Pool Chemical market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Residential Swimming Pool Chemical market in the past 5 years.
Solenis is a leading specialty chemical supplier and water treatment company with a truly global footprint. With over 6,000 employees and 47 manufacturing facilities, Solenis operations span 120 countries and five continents.
Phoenix Products, founded in the North East by chemist Alfred Haase, has been formulating a full line of Swimming Pool, Spa and Water Treatment chemicals since 1986. Phoenix Products Co. high quality US made products, available in the Phoenix Brand and Private Label, have the reputation of problem solving at or above industry standards.
Segmentation Overview:Among different product types, Sanitizers segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Offline segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Residential Swimming Pool Chemical market covered in Chapter 3:Oreq Corporation
PROXIM Ltd.
Bio-dex
MELSPRING
Solenis
Leisurechem
Phoenix Products Co
Splash Perfect
Online Pool Chemicals
In Chapter 4 and Chapter 14.2, on the basis of types, the Residential Swimming Pool Chemical market from 2018 to 2029 is primarily split into:Sanitizers
Shock
Balancers
Algaecides
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Residential Swimming Pool Chemical market from 2018 to 2029 covers:Online
Offline
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)