[147 Pages Report] on Water Treatment Chemicals Market is projected to grow from USD 42.23 Billion in 2017 to USD 56.57 Billion by 2022, at a CAGR of 6.0% from 2017 to 2022. In this study, 2016 has been considered as the base year while the forecast period that has been considered is from 2017 to 2022.

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Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. This segment of the market is also projected to grow at the highest CAGR in terms of volume between 2017 and 2022. The increasing use of water treatment chemicals in the municipal water treatment processes such as coagulation & flocculation is expected to contribute to the growth of the coagulants & flocculants segment of the water treatment chemicals market. Moreover, growing global population and rapid urbanization in emerging economies are also expected to fuel the growth of this segment of the water treatment chemicals market during the forecast period.

Based on end user, the municipal segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. The growth of this segment of the market can be attributed to the rapid urbanization and continuously growing population across the globe. This, in turn, has led to increased demand for quality water. Moreover, increase in the number of projects being commissioned and tendered in various emerging economies across the globe is also contributing to the demand for water treatment chemicals in the municipal end user segment.

The North American region is expected to be the largest market for water treatment chemicals during the forecast period. Large industrial base, high disposable income of masses, and their high living standards are the factors expected to fuel the growth of the North America water treatment chemicals market between 2017 and 2022. The Asia-Pacific water treatment chemicals market is projected to witness the highest growth during the forecast period, in terms of volume, owing to the rising standard of living of masses in the region that has resulted in growing demand for quality drinking water. In addition, various government initiatives and policies to attract investments from various international companies are also expected to boost the growth of the Asia-Pacific water treatment chemicals market during the forecast period.

Some of the key players operating in the Water Treatment Chemicals Market are BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), The Dow Chemical Company (US), and Kemira OYJ (Finland). Expansions are among the major growth strategies adopted by the leading market players between January 2013 and August 2017 to enhance their position in the Water Treatment Chemicals Market.

For More information: http://www.prnewswire.co.in/news-releases/water-treatment-chemicals-market-worth-5657-billion-usd-by-2022-646111573.html

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