PROCESS CHEMICALS MARKET for water treatment market is estimated to reach USD 44.3 billion by 2028 from USD 37.5 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period 2023-2028

Process Chemicals for Water Treatment Market Overview

Process chemicals for water treatment refer to various chemicals used to treat and purify water for various applications, including drinking water, industrial processes, and wastewater treatment. These chemicals are designed to remove contaminants, particles, and impurities from the water, making it safe for human consumption and use in industrial processes. Common process chemicals for water treatment include coagulants, flocculants, pH adjusters, biocides, corrosion inhibitors, and scale inhibitors. The market for process chemicals in water treatment is driven by population growth, increasing demand for clean water, and growing industrialization in emerging economies.

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Process Chemicals for Water Treatment Market Opportunities

The process of chemicals for the water treatment market presents both challenges and opportunities. While stringent regulations, high production costs, and the availability of alternative technologies restrain market growth, increasing demand for clean water due to population growth and industrialization creates opportunities for process chemical manufacturers. Furthermore, the growing awareness of the harmful effects of untreated wastewater and industrial effluents on the environment has led to increased investment in the water treatment industry. Finally, the increasing focus on wastewater recycling and reuse presents an opportunity for the development of eco-friendly and cost-effective chemicals that comply with stringent government regulations.

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Process Chemicals for Water Treatment Market Key Developments

In Nov 2022, Ecolab recently launched the Ecolab Water for Climate™ program, which aims to assist businesses in dealing with the growing energy crisis and the adverse effects of climate change and water scarcity across the globe. This initiative enables companies to achieve their climate objectives while ensuring continued business growth.

In Feb 2021, SNF Group announced the construction of a new polyacrylamide production site in the United States to meet the growing demand for water treatment chemicals in North America.

Process Chemicals for Water Treatment Market Segmentation

Type of Chemical

Coagulants
Flocculants
pH adjusters
Biocides
Corrosion inhibitors, scale inhibitors
Others
By End-Use Industry

Municipal water treatment
Industrial water treatment
Commercial water treatment
By Function
Secondary treat chemicals
Tertiary treatment chemicals
Primary treatment chemicals are expected to gain the highest demand in the global process chemicals for water treatment and which are used to remove large suspended solids and organic matter have the highest demand as they are the first stage of treatment in most water treatment processes.

By Application

Drinking water treatment
Wastewater treatment
Desalination treatment
Process water treatment
Others
Drinking water has the highest demand in the global market and is also estimated to hold the highest market share in the next coming years. Drinking water treatment typically has the highest demand for process chemicals in water treatment as it involves the treatment of water for human consumption and therefore requires stringent treatment processes to ensure water safety and quality.

By Form

Liquid
Powder
Granular chemicals
Liquid chemicals are estimated to have the highest demand in the market as compared to others due to their convenience and ease of use. Liquid chemicals are also preferred over powder and granular chemicals because they are easier to transport and store. Liquid chemicals are often transported in bulk in tanker trucks or railcars, and liquid chemicals are more cost-effective for large-scale water treatment facilities.

By Region

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Asia-Pacific region is projected to have the highest revenue in the global market because, the fastest-growing market for process chemicals in water treatment, driven by increasing industrialization and population growth. China and India are the largest markets in the region, followed by Japan, South Korea, and Australia.

Process Chemicals for Water Treatment Market Key Players

BASF SE
Ecolab Inc.
Kemira Oyj
SNF Group
Solenis LLC
AkzoNobel N.V.
The Dow Chemical Company
SUEZ Water Technologies & Solutions
Buckman Laboratories International, Inc.
Kurita Water Industries Ltd.
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