The report "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, and Biocides & Disinfectants), End User (Municipal, Power, Oil & Gas, and Mining), Region - Global Forecast to 2022", published by MarketsandMarkets™, the 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.
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Browse 81 Market Data Tables and 30 Figures spread through 147 Pages and in-depth TOC on "Water Treatment Chemicals Market"
Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period.
Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. Coagulants & flocculants are widely used as water treatment chemicals in municipal and power applications. The increasing demand for coagulants & flocculants in these applications is due to the stringent implementation of various government regulations to ensure quality water for public health.
Based on end user, the municipal segment is projected to lead the water treatment chemicals market in terms of volume from 2017 to 2022.
The municipal end user segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. As the global population is increasing continuously, the demand for treated quality water is also increasing. Thus, the consumption of water treatment chemicals in both, municipal and industrial sectors is increasing as there is a shortage of water resources. Municipalities treat water to meet stringent government regulations formulated to ensure public health.
The North American region is projected to lead the Water Treatment Chemicals Market in terms of volume between 2017 and 2022.
The North American region is projected to be the largest market for water treatment chemicals in terms of volume during the forecast period. The growth of the North America Water Treatment Chemicals Market can be attributed to the large industrial base and high living standards of the population in the region that require high-quality water. In addition to this, the stringent implementation of various regulatory and sustainable mandates in the region concerning environment is also driving the growth of the North America Water Treatment Chemicals Market.
BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), and Kemira OYJ (Finland) are the leading players operating in the water treatment chemicals market.
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