Global Water Treatment Chemicals Market is Expected to Generate Huge Profits by 2026


Posted April 15, 2021 by armaan007

Water Treatment Chemicals Market expected to be valued at USD 61.1 Billion by 2026, at a CAGR of 9.3%, during 2021–2026

 
The [147 Pages] report "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial), and Region - Global Forecast to 2026" The global water treatment chemicals market size is projected to grow from USD 39.1 billion in 2021 to USD 61.1 billion by 2026, at a CAGR of 9.3% between 2021 and 2026.

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Browse 182 market data Tables and 45 Figures spread through 237 Pages and in-depth TOC on "Water Treatment Chemicals Market”

COVID-19 Impact

·         The new version of the report includes an analysis of the impact of COVID-19 on the overall water treatment chemicals market.

Recent Market Developments

·         Recent developments are helpful to know market trends and growth strategies adopted by players in the market. In the new version of the report, latest developments are listed.

In terms of value, the corrosion inhibitors segment is projected to account for the largest share of the water treatment chemicals market, by type, during the forecast period.

Corrosion inhibitors is projected to be the largest type segment in water treatment chemicals market. The use of poor quality water in cooling systems and increased water recycling will boost the market for corrosion inhibitors during the forecast period. In addition, the increasing demand from the oil & gas industry will propel the market for this type of water treatment chemicals.

Industrial is projected to register the highest CAGR during the forecast period.

The demand for water treatment in the industrial sector is increasing due to rapid industrialization in developing countries and substantial growth in several key markets. Every industry consumes water for a variety of applications in include metal & mining, chemical processing, food & beverage, oil & gas, paper & pulp, and power generation that require water treatment chemicals to treat the usage of essential water.

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The APAC region leads the water treatment chemicals market in terms of volume.

APAC is the fastest-growing region for water treatment chemicals market. The growth in demand for water treatment chemicals in the region can be largely attributed to factors such as high population, increasing industrial growth, and stringent environmental norms. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of water treatment chemicals, thereby fueling the growth of the APAC water treatment chemicals market.

Major players operating in the global water treatment chemicals market include BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), Kemira OYJ (Finland), Baker Hughes (US), Lonza (Switzerland), The Dow Chemical Company (US), Snf Floerger (France), and Suez S.A. (France).

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Issued By Markets And Markets
Country India
Categories Construction , Energy , Industry
Tags water treatment chemicals , water treatment chemicals applications , water treatment chemicals companies , water treatment chemicals end users , water treatment chemicals industry , water treatment chemicals manufacturers , water treatment chemicals market , water treatment industry
Last Updated April 15, 2021