Overview

Industrial Water Treatment Chemicals Market Introduction:

Industrial water treatment chemicals market value over USD 33 billion by 2027 end and register a CAGR of over 4.2% during 2020 to 2027.

With increasing demand for quality water and thereby its treatment and facilities in domestic as well as industrial sector fuel the growth of the global market. Rapid urbanisation and heavy presence of manufacturers in various industries such as chemicals, pharmaceuticals, food and beverages, and automotive sectors augments the need for this market and its services.

Growing industrialisation and expanding automotive sector fosters the growth of the global market. These industries require extensive water resources and thus augment the need for treatment of water to enable it to be utilised in various sectors and other purposes.

The global market is highly characterized by intense competition. Strategies involving mergers and acquisitions increase their market share, are expected to result in intense competition in the forecast period. Potential entry of new players is further expected to foster competition in the industry over the next few years.

Stringent government policies regulate the market to ensure quality is maintained. This positively affects the market by ensuring the installation of treatment facilities to cater to each sector and industry. However, due to very strict regulatory policies sometimes there is an upsurge in treatment processing price restraining the growth of the market worldwide.

Major firms in the industry are:

BWA Water Additives, The Dow Chemical Company, Cortec Corporation; Buckman Laboratories International Inc., AkzoNobel N.V., Solvay S.A., Solenis LLC, Kemira Oyj, Snf Floerger, Suez S.A., Ecolab Incorporated and BASF SE.

Industrial Water Treatment Chemicals Market Segmentation:

By Application

Raw water treatment
Cooling and boilers
Effluent water treatment
Water desalination

By Region

North America
Europe
Asia Pacific
Latin America
Rest of the World

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data points affecting market growth

Objectives of the Study:

To provide an exhaustive analysis on the global industrial water treatment chemicals market by application and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies