The water and wastewater treatment chemicals industry analysis by BIS Research projects the market to grow at a significant CAGR of 5.35% on the basis of value during the forecast period 2019-2029. Region-wise, Asia-Pacific dominated the global water and wastewater treatment chemicals market with a share of 35.12% in terms of value in 2018. In North America, the U.S. acquired a major market share in 2019 due to stringent regulatory requirements to control the wastewater disposal from both municipal and industrial sources and increasing oil & gas production.

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Rising awareness among people, increasing population in developing economies, agricultural intensification, and climate change are some of the factors affecting the growth of water and wastewater treatment chemicals market, globally. Moreover, some industries, such as food, paper, chemicals, and refined petroleum, use large amounts of water. Industrial sectors consume a large quantity of water and produce wastewater during various processes. Thus, water treatment facilities are required at different levels. The raw water entering an industrial plant often needs treatment to meet quality specifications.

Corrosion of metal is one of the noteworthy problems for many industries, including oil & gas, power generation, and chemical manufacturing. Corrosion inhibitors minimize the rate of corrosion by forming a thin layer on the metal. These are generally classified as anodic inhibitors, cathodic inhibitors, and combined inhibitors. In most of the cases, the effectiveness of corrosion inhibitors is significantly affected by water’s chemical properties and physical conditions such as temperature and flow velocity.

Circulating cooling water accounts for a significant part of the total industrial water use. Due to continuous recycling, the water quality of circulating cooling water becomes more concentrated, which leads to corrosion, fouling, and microbial breeding. This also results in lower heat transfer efficiency of heat exchangers, corrosion, and perforation of metal pipelines.

A large share of water is used by households, services, and industries. The amount of water for personal use (drinking, cooking, and bathing) is relatively small as compared to other applications of water, such as in food processing industries, oil & gas, and chemical processing. Besides, safe and readily available water is essential for public health, as it is used for drinking, domestic use, food production, and other recreational purposes. Therefore, the preservation of water is essential.

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Companies such as Akzo Nobel N.V, Ecolab, SUEZ, Kemira, and Kurita Water Industries Ltd are amongst the significant providers of water and wastewater treatment chemicals for various applications. The growing interest in water and wastewater treatment chemicals varies according to different geographical regions. The water and wastewater treatment chemicals market currently holds a prominent share in different countries of North America, Asia-Pacific (APAC), Europe, and RoW.

Asia-Pacific is currently the largest revenue-generating region in the water and wastewater treatment chemicals market, accounting for 35.12% of the global market in 2018 in terms of value. In this region, China is the highest revenue-generating country, followed by Japan. Industrial advancements, extensive investments for dedicated R&D facilities, and rising end-user applications are some of the major drivers that are propelling the growth of the market in the region. Some of the companies such as Kemira, Kurita Water Industries Ltd, Ecolab have an extensive presence in the Asia-Pacific region.
Key Questions Answered in the Report:

• What are the major forces that are expected to increase the global market demand for water and wastewater treatment chemicals during the forecast period, 2019-2029?
• What are the major challenges inhibiting the growth of the global water and wastewater treatment chemicals market?
• What was the revenue generated by the water and wastewater treatment chemicals market by type in 2018, and what are the estimates for the period between 2019 and 2029?
• Which application type is expected to dominate the global water and wastewater treatment chemicals market in the coming years (2019-2029)?
• Which are the key market players in the global water and wastewater treatment chemicals market?
• What are the new strategies adopted by the existing market players to make a mark in the industry?
• What major opportunities do the water and wastewater treatment chemicals manufacturers foresee?
• What is the consumption pattern of the water and wastewater treatment chemicals across end users in different regions and countries?
• Which are the major regions and countries that provide growth opportunities for the water and wastewater treatment chemicals market?
• Which different types of water and wastewater treatment chemicals are currently being used, and what are their key applications?
• What is the competitive strength of the leading players in the global water and wastewater treatment chemicals market?

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