Global Swimming Pool Treatment Chemicals Market Research Report Forecast to 2028
Swimming pool treatment chemicals Market Forecast till 2028
Market Overview
The global swimming pool treatment chemicals market is experiencing growth due to the increasing popularity of swimming as a sport and recreational activity worldwide. The benefits of swimming, including stress reduction, endurance building, muscle strength and cardiovascular fitness improvement, muscle toning, and weight management, are driving the construction of private swimming pools. Additionally, the rise in residential construction has led to an increase in new swimming pool construction, thereby boosting the demand for swimming pool treatment chemicals globally, particularly in the United States.
The growing popularity of swimming as a recreational activity is one of the main drivers of swimming pool treatment chemicals market, globally. Swimming is widely considered a healthy and enjoyable activity that offers many physical and mental health benefits. As more people are becoming aware of these benefits, more and more individuals are taking up swimming as a regular activity. This has led to a growing demand for swimming pools, both in private homes and public facilities, which in turn is driving the demand for swimming pool treatment chemicals.
Segment Overview
Type, end use and regional segments have been used to divide the market for global swimming pool treatment chemicals market. Type segmentation can be based on the different types of swimming pool treatment chemicals used. Some of the major types of swimming pool treatment chemicals include chlorine, bromine, Trichloroisocyanuric Acid (TCCA), Sodium Hypochlorite, Calcium Hypochlorite, and others.
Regional Analysis
Some of the major regions includes North America, Europe, Asia Pacific, South America, and Middle East & Africa. Each of these regions have different market characteristics and demand for swimming pool treatment chemicals. The North American region is expected to capture the global market in swimming pool treatment chemicals due to the increase in residential construction and the growing popularity of swimming as a recreational activity. The United States, in particular, is a major contributor to this growth, driven by lower mortgage rates and higher disposable income leading to an increase in the construction of new swimming pools. Additionally, the demand for effective disinfectants such as hypochlorite salts has risen in the US as they help in removing algae and germs from swimming pools. Furthermore, the rising public awareness of pool water quality and strict government regulations and recommendations for pool safety are also driving the use of swimming pool treatment chemicals in the region.
Major Players
The global swimming pool treatment chemicals market is led by key players such as BASF SE, Ercros SA, and Sumitomo Chemical Co. Ltd. due to their strong product offerings and high customer preference. Other notable players in the market include Solvay, Olin Corporation, Arkema, Occidental Petroleum Corporation, Ineos, AGC Inc., and Yuzhoushi Weilite Chemical Co. Ltd.
COVID 19 Impacts
The COVID-19 pandemic had a significant impact on the swimming pool industry. Due to supply constraints and rising demand for pool equipment and chemicals, companies have faced challenges in completing new construction and equipment repairs. However, the pool industry has seen a rise in demand as more people spend more time at home, with the Pool & Hot Tub Alliance reporting a 24% increase in the year 2020. Pool businesses are facing supply shortfalls as they struggle to keep up with the increased demand for pool equipment, such as chlorine and pool heaters. As more families look to add a pool to their backyard, the pool industry continues to be affected by the ongoing pandemic.
Companies Mentioned
BASF SE
Ercros SA
and Sumitomo Chemical Co. Ltd. due to their strong product offerings and high customer preference. Other notable players in the market include Solvay
Olin Corporation
Arkema
Occidental Petroleum Corporation
Ineos
AGC Inc.
and Yuzhoushi Weilite Chemical Co. Ltd.
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