Water Treatment Chemicals Market By Type (Coagulants & Flocculants, pH Adjusters & Softeners, Biocides, Scale Inhibitors & Dispersants, Corrosion Inhibitors, Disinfectants, Chelating Agents & Others), By Application (Water Desalination, Raw Water Treatment, Cooling, Effluent Water Treatment, Boiler & Others), By End-use Industry (Pulp & Paper, Municipal Water & Wastewater, Oil & Gas (Onshore & Offshore), Chemicals, Food & Beverages (Juices, Whiskey & Others), Power Generation (Thermal, Hydro & Others), Metal & Mining & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: CMR 1157 Report Format: PDF + Excel

Water Treatment Chemicals Market Overview

The Water Treatment Chemicals Market size is estimated to reach US$43.2 billion by 2027, after growing at a CAGR of 3.4% during the forecast period 2022-2027. Water treatment is the process of extraction of unwanted components and pollutants from the water using chemicals such as chlorine, chloramines, chlorine dioxide, biocides, coagulants, disinfectants and others. The Water Treatment Chemicals are increasingly used for applicability in boiler water chemicals, raw water treatment, water purification and others across major end-use industries, thereby acting as a driving factor in the Water Treatment Chemicals industry. In addition, surging water treatment projects and awareness for wastewater treatment and purification are propelling the growth scope for Water Treatment Chemicals. Furthermore, disruption caused by the COVID-19 outbreak impacted the growth of the Water Treatment Chemicals Market due to disturbance in manufacturing, supply chain disruption, falling demand from major end-use industries and other lockdown restrictions. However, significant recovery is boosting the demand for Water Treatment Chemicals for a wide range of applicability and utilization in medical, electronics and other sectors. Thus, the Water Treatment Chemicals industry is anticipated to grow rapidly and contribute to the Water Treatment Chemicals Market size during the forecast period.

Water Treatment Chemicals Market Report Coverage

The “Water Treatment Chemicals Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Water Treatment Chemicals Industry.

By Type: Coagulants & Flocculants, pH Adjusters & Softeners, Biocides, Scale Inhibitors & Dispersants, Corrosion Inhibitors, Disinfectants, Chelating Agents and Others.
By Application: Water Desalination, Raw Water Treatment, Cooling, Effluent Water Treatment, Boiler and Others.
By End-use Industry: Pulp and Paper, Municipal Water & Wastewater, Oil & Gas (Onshore and Offshore), Chemicals, Food & Beverages (Juices, Whiskey and Others), Power Generation (Thermal, Hydro and Others), Metal & Mining and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World [the Middle East (Saudi Arabia, the UAE, Israel and the Rest of the Middle East) and Africa (South Africa, Nigeria and the Rest of Africa)].

Key Takeaways

  • Asia-Pacific dominates the Water Treatment Chemicals Market, owing to growth factors such as the flourished base for water treatment projects, established base for chemicals, oil & gas and others and industrialization.
  • The flourishing municipal water & wastewater sector across the world is propelling the demand for Water Treatment Chemicals for major utilization in desalination, raw water treatment, water purification, sewage pipeline network and others, thereby contributing to the Water Treatment Chemicals Market size.
  • However, the emergence of alternative technologies such as reverse osmosis, UV disinfection and others pose a threat to Water Treatment Chemicals, thereby acting as a challenging factor in the Water Treatment Chemicals industry.

Figure: Water Treatment Chemicals Market Revenue Share by Geography, 2021 (%)

Water Treatment Chemicals Market

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Water Treatment Chemicals Market Segment Analysis – by Type

The coagulants & flocculants segment held a significant share of the Water Treatment Chemicals Market in 2021 and is projected to grow at a CAGR of 3.5% during the forecast period 2022-2027. The coagulants and flocculants have a growing demand in water treatment over other types such as biocides, defoamers, disinfectants, algaecides and others, due to their wide utilization in water purification, solids dewatering, sludge thickening, solids removal and lime softening. In addition, the growing usage of coagulants for water and wastewater treatment applications, sewage systems, industrial water treatment and others is boosting its growth scope. Thus, the coagulant & flocculants type segment is anticipated to grow rapidly in the Water Treatment Chemicals Market during the forecast period.

Water Treatment Chemicals Market Segment Analysis – by End-use Industry

The municipal water & wastewater segment held a significant share of the Water Treatment Chemicals Market in 2021 and is projected to grow at a CAGR of 3.9% during the forecast period 2022-2027. Water Treatment Chemicals have growing applicability in the municipal water & wastewater sector for raw water treatment, water purification and others. The lucrative growth prospect in the municipal water & wastewater sector is influenced by factors such as rising awareness of wastewater recycling, sewage treatment and pipeline network. According to the Organization for Economic Co-Operation and Development (OECD), around 92.86% of the population in Australia was connected to wastewater treatment in 2020. According to the United Nations Water, around 56% of household wastewater flows were treated in 2020, globally. With the robust scope for water and wastewater treatment activities and projects, the utilization of Water Treatment Chemicals such as chlorine, chloramine, biocides and others for water purification, sewage treatment and others is rising. Therefore, the growth opportunities for Water Treatment Chemicals in the municipal water & wastewater industry are anticipated to rise during the forecast period.

Water Treatment Chemicals Market Segment Analysis – by Geography

Asia-Pacific held the largest share of up to 41.8% in the Water Treatment Chemicals Market in 2021. The high demand for Water Treatment Chemicals in this region is influenced by the surging awareness for municipal waste treatment, surging utilization of treated water in power generation and industrialization. The municipal water & wastewater industry is rapidly growing in APAC due to growth factors such as purification and treatment of groundwater and sewage pipeline networks. According to International Trade Administration, China plans to build or renovate 80,000 km of sewage collection pipeline networks and increase sewage treatment capacity by 20 million cubic meters per day between 2021 and 2025. With established regulations and growth scope for the municipal water treatment sector, the utilization of Water Treatment Chemicals for water purification, raw water treatment, sewage treatment and others in APAC is growing. This, in turn, is anticipated to boost its growth scope in the Asia-Pacific region over the forecast period.

Water Treatment Chemicals Market Drivers

Bolstering Growth of the Power Generation Sector:

Water Treatment Chemicals have flourishing applications in the power generation sector for energy generation through hydro, thermal, nuclear and others. The power generation industry is rapidly growing due to factors such as emphasis on boosting the production of renewable energy sources and surging funding and development for energy and power generation. According to the International Energy Agency (IEA), the global renewable electricity capacity is projected to rise more than 60% from the 2020 levels to over 4800 GW by 2026. According to the Indian Ministry of Power, the energy generation target for thermal, hydro, nuclear and Bhutan imports has been set at 1356 billion units, with an increase of 9.83% for the year 2021-22, as compared to the previous year's actual generation. With the robust scope for the power generation sector, the utilization of water treatment chemicals in power plants such as hydro, thermal and others is increasing. This, in turn, is driving the Water Treatment Chemicals industry.

Flourishing Growth of the Oil & Gas Industry:

Water Treatment Chemicals such as chlorine dioxide coagulants, corrosion inhibitors, disinfectants and others have a wide range of applications in the oil & gas sector for water purification in petroleum refineries, steam generators and others. The oil & gas industry is rapidly growing due to growth factors such as flourished oil and gas sector, rising exploration and production activities and urbanization. According to the India Brand Equity Foundation (IBEF), the oil demand in India is expected to reach 11 million barrels per day by the year 2045. According to the United States Energy Information Administration (EIA), the production of crude oil increased from 10809 barrels per day in September 2021 to 11473 barrels per day in October 2021. Thus, with the rapid growth scope of the oil & gas sector, the utilization of water treatment chemicals for water purification and treatment in petroleum refineries and onshore and offshore operations is rising exponentially. This drives the Water Treatment Chemicals industry.

Water Treatment Chemicals Market Challenge:

Emerging Alternatives for Water Treatment Chemicals:

The emergence of water treatment technologies such as reverse osmosis (RO), ultrafiltration and UV disinfection act as a restraining growth factor in the Water Treatment Chemicals Market. The threat from advanced alternative technologies restricts the applicability of water treatment chemicals such as chlorine, chloramine, biocides, algaecides and others. In addition, the demand for sustainable technology for water treatment over conventional treatment chemicals is creating a major challenge. For instance, Environmental Protection Agency (EPA) regulates the usage of UV disinfection technology over chlorine-based biocides. This is one of the reasons the Water Treatment Chemicals Market faces a major growth slowdown.

Water treatment chemicals Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Water Treatment Chemicals Market. The top 10 companies in the Water Treatment Chemicals Market are:

  1. AkzoNobel N.V.
  2. Baker Hughes Company
  3. BASF SE
  4. Solenis LLC
  5. Kemira OYJ
  6. Lonza Group AG
  7. Suez SA
  8. The Dow Chemical Company
  9. Ecolab Inc.
  10. Veolia

Recent Developments

  • In October 2021, Usalco, LLC, a leading producer of Water Treatment Chemicals, announced the acquisition of the water treatment business of Altivia for municipal, wastewater and industrial applications. This acquisition expanded the coagulant product offering in the market.
  • In July 2021, Platinum Equity acquired Solenis, a leading producer of specialty chemicals used in water industries, for a value of US$5.25 billion. The combined company served diverse customers in the consumer, industrial and pool water treatment sectors.
  • In June 2021, Kemira announced two major investments for expanding the capacity of Water Treatment Chemicals at the Yangzhou site in China. It aimed to drive growth in water treatment in the Asia Pacific region.

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1. Water Treatment Chemicals Market - Market Overview
    1.1 Definitions and Scope
2. Water Treatment Chemicals Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Application
    2.3 Key Trends by End-use Industry
    2.4 Key Trends by Geography
3. Water Treatment Chemicals Market – Comparative analysis
    3.1 Market Share Analysis - Major Companies
    3.2 Product Benchmarking - Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis - Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Water Treatment Chemicals Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Water Treatment Chemicals Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Water Treatment Chemicals Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter's Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Water Treatment Chemicals Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Water Treatment Chemicals Market – by Type (Market size – US$ Million/Billion)
    8.1 Coagulants & Flocculants
    8.2 pH Adjusters & Softeners
    8.3 Biocides
    8.4 Scale Inhibitors & Dispersants
    8.5 Corrosion Inhibitors
    8.6 Disinfectants
    8.7 Chelating Agents
    8.8 Others
9. Water Treatment Chemicals Market – by Application (Market size – US$ Million/Billion)
    9.1 Water Desalination
    9.2 Raw Water Treatment
    9.3 Cooling
    9.4 Effluent Water Treatment
    9.5 Boiler
    9.6 Others
10. Water Treatment Chemicals Market - by End-use Industry (Market Size - US$ Million/Billion)
    10.1 Pulp & Paper
    10.2 Municipal Water & Wastewater
    10.3 Mining
    10.4 Oil & Gas
        10.4.1 Onshore
        10.4.2 Offshore
    10.5 Chemicals
    10.6 Food & Beverage
        10.6.1 Juices
        10.6.2 Whiskey
        10.6.3 Others
    10.7 Power Generation
        10.7.1 Thermal
        10.7.2 Hydro
        10.7.3 Others
    10.8 Metal & Mining
    10.9 Others
11. Water Treatment Chemicals Market - by Geography (Market Size - US$ Million/Billion)
    11.1 North America
        11.1.1 The USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 The UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 The Netherlands
        11.2.6 Spain
        11.2.7 Belgium
        11.2.8 The Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 The Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 The Rest of South America
    11.5 The Rest of the World
        11.5.1 The Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 The UAE
            11.5.1.3 Israel
            11.5.1.4 The Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 The Rest of Africa
12. Water Treatment Chemicals Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Water Treatment Chemicals Market – Industry/Competition Segment Analysis Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. Water Treatment Chemicals Market – Key Company List by Country Premium Premium
15. Water Treatment Chemicals Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
* "Financials would be provided to private companies on best-efforts basis."
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