Global Water Treatment Chemicals Market – Analysis and Forecast (2023-2030)

Industry Insights by Type (Biocides & Disinfectants, pH Adjusters & Softeners, Scale Inhibitors & Dispersants, Flocculants, Coagulants, Corrosion Inhibitors, Others), by End Use (Municipal Water, Industrial Water)

Industry Overview

The global water treatment chemicals market is estimated to be USD 30.9 billion in 2022 and is predicted to reach USD 38.5 billion by 2030, growing at a CAGR of 4.1% during the forecast period (2023–2030). The growth of this market is attributed to the increasing contamination occurring in surface and groundwater pollution. The increasing world’s population is attributed to people searching for alternative sources of water such as rivers, streams, and lakes commonly known as surface water. Moreover, of all the consumable water in the world, approximately 97% of it comes from surface water. In order to make it free from pollutants scientists are rampantly innovating and developing methods in order to make the water fit for human consumption.

Water is the most essential constituent in our day-to-day life and pure water is specifically crucial for the overall well-being of the community. Water is a universal solvent however; solids, sand, clay, dust, and rust are not soluble in water. Furthermore, these particles remain undissolved in water, resulting in cloudiness, and are particularly known as total suspended solids (TSS). Additionally, water treatment is done in order to decrease the TSS levels as per the demand of the consumer which is done with the help of water treatment chemicals thereby extending the overall growth of the global water treatment chemicals market.

Market Segmentation

Insight by Type

Based on type, the global water treatment chemicals are categorized into biocides & disinfectants, pH adjusters & softeners, scale inhibitors & dispersants, flocculants, coagulants, corrosion inhibitors, and others. Amongst these segments, corrosion inhibitors are expected to witness the highest CAGR during the forecast period. Technological advancement in the water treatment industry and utilization of treatment equipment is expanding which is further escalating the growth of corrosion inhibitors globally.

Insight by End Use

On the basis of end-use, the global water treatment equipment market is divided into municipal water and industrial water. Further industrial water is sub-segmented into pulp & paper, food & beverages, refineries, oil & gas, power generation, sugar, metal & mining, and others. Amongst these segments, industrial water is expected to witness the highest CAGR during the forecast period owing to rapid demand for water treatment chemicals from the power generation segment. Furthermore, increasing per capita consumption of power has enhanced the demand for electricity across the globe which further enhances the demand for water treatment chemicals in the power industry.

Industry Dynamics

Growth Drivers

Increasing investment in the industrial sector along with extensive demand from municipal industrial wastewater treatment are the key factors driving the growth of the global water treatment chemicals market. Increasing industrial growth and activities due to the rapid expansion of the global population are thereby accentuating the need for water treatment chemicals in order to make the water fit for human consumption. Moreover, stringent regulations imposed by the government authorities towards total suspension of solid levels of the water and reuse of water thereby escalating the growth of the global water treatment chemicals market.

Challenges

However, the occurrence of alternative water treatment methods are key factor that acts as a hurdle for the growth of the global water treatment chemicals market.

Geographic Overview

Geographically, North America was the largest revenue contributor in the water treatment chemicals market in 2019. The growth of the water treatment chemicals market in this region is attributed to increasing measures and regulations undertaken by the government authorities towards the reuse and recycling of wastewater. Furthermore, water treatment chemicals are gaining extensive popularity in oil & gas and mining industries in the region. Water treatment chemicals in oil & gas industries is used for cleaning contaminated wastewater and are considered to be the most effective method for cleaning water, maintaining the purity of water while optimizing performance and thus reducing the cost of the service providers.

Moreover, Asia-Pacific is expected to witness substantial growth in the water treatment chemicals market due to the enhanced living standards of the population that demands high-quality water in ample amounts. Moreover, government authorities in the region are amending stringent regulations in order to protect the environment further aiming at making water free from pollutants and contamination, and are investing heavily towards the attainment of this objective. Furthermore, rapid urbanization and industrialization in countries such as India, China, and Japan are the key factors bolstering the growth of the water treatment chemicals market in the region.

Competitive Insight

Key players operating in the water treatment chemicals market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that support them in providing innovative solutions to the users and thus gain competitive advantage.

Some of the major players operating the global water treatment chemicals market include Baker Hughes Incorporated, SAMCO, Chembond Chemicals Limited, The Dow Chemical Company, Akzo Nobel N.V., Arkema, Solenis, Kemira, BASF SE, Ecolab Inc, SNF Group, SUEZ, VASU Chemicals, and Johnson Matthey.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

Source: VynZ Research

Source: VynZ Research

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Type
                1.2.2.    By End-Use
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Type
                5.1.1.    Biocides & Disinfectants
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030
                5.1.2.    pH Adjusters & Softeners
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
                5.1.3.    Scale Inhibitors & Dispersants
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030
                5.1.4.    Flocculants
                        5.1.4.1. Market Definition
                        5.1.4.2. Market Estimation and Forecast to 2030
                5.1.5.    Coagulants
                        5.1.5.1. Market Definition
                        5.1.5.2. Market Estimation and Forecast to 2030
                5.1.6.    Corrosion Inhibitors 
                        5.1.6.1. Market Definition
                        5.1.6.2. Market Estimation and Forecast to 2030
                5.1.7.    Others
                        5.1.7.1. Market Definition
                        5.1.7.2. Market Estimation and Forecast to 2030
        5.2.    By End-Use
                5.2.1.    Municipal Water
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Industrial Water 
                        5.2.2.1. Pulp & Paper
                                5.2.2.1.1. Market Definition
                                5.2.2.1.2. Market Estimation and Forecast to 2030
                        5.2.2.2. Food & Beverages
                                5.2.2.2.1. Market Definition
                                5.2.2.2.2. Market Estimation and Forecast to 2030
                        5.2.2.3. Refineries
                                5.2.2.3.1. Market Definition
                                5.2.2.3.2. Market Estimation and Forecast to 2030

                        5.2.2.4. Oil & Gas
                                5.2.2.4.1. Market Definition
                                5.2.2.4.2. Market Estimation and Forecast to 2030
                        5.2.2.5. Power Generation
                                5.2.2.5.1. Market Definition
                                5.2.2.5.2. Market Estimation and Forecast to 2030
                        5.2.2.6. Sugar
                                5.2.2.6.1. Market Definition
                                5.2.2.6.2. Market Estimation and Forecast to 2030
                        5.2.2.7. Metal & Mining 
                                5.2.2.7.1. Market Definition
                                5.2.2.7.2. Market Estimation and Forecast to 2030
                        5.2.2.8. Others
                                5.2.2.8.1. Market Definition
                                5.2.2.8.2. Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Type
        6.2.    By End-Use
        6.3.    By Application 
        6.4.    By Country
                6.4.1.    U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Type
        7.2.    By End-Use
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    Russia Market Estimate and Forecast
                7.3.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Type
        8.2.    By End-Use
        8.3.    By Country 
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Type
        9.2.    By End-Use
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    U.A.E. Market Estimate and Forecast
                9.3.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Baker Hughes Incorporated
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    SAMCO
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Chembond Chemicals Limited
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    The Dow Chemical Company
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Akzo Nobel N.V.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Arkema
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Solenis
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Kemira
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    BASF SE
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    Ecolab Inc.
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments
        10.11.    SNF Group
                10.11.1. Snapshot
                10.11.2. Overview
                10.11.3. Offerings
                10.11.4. Financial Insight
                10.11.5. Recent Developments
        10.12.    SUEZ
                10.12.1. Snapshot
                10.12.2. Overview
                10.12.3. Offerings
                10.12.4. Financial Insight
                10.12.5. Recent Developments
        10.13.    VASU Chemicals 
                10.13.1. Snapshot
                10.13.2. Overview
                10.13.3. Offerings
                10.13.4. Financial Insight
                10.13.5. Recent Developments
        10.14.    Johnson Matthey 
                10.14.1. Snapshot
                10.14.2. Overview
                10.14.3. Offerings
                10.14.4. Financial Insight
                10.14.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Water Treatment Chemicals Market Size, by Type, 2018 – 2022 (USD Billion)
Table 5 Global Water Treatment Chemicals Market Size, by Type, 2023 – 2030 (USD Billion)
Table 6 Global Water Treatment Chemicals Market Size, by End Use, 2018 – 2022 (USD Billion)
Table 7 Global Water Treatment Chemicals Market Size, by End Use, 2023 – 2030 (USD Billion)
Table 8 Global Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018 – 2022 (USD Billion)
Table 9 Global Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2023 – 2030 (USD Billion)
Table 10 Global Water Treatment Chemicals Market Size, by Region, 2018 – 2022 (USD Billion)
Table 11 Global Water Treatment Chemicals Market Size, by Region, 2023 – 2030 (USD Billion)
Table 12 North America Water Treatment Chemicals Market Size, by Type, 2018 – 2022 (USD Billion)
Table 13 North America Water Treatment Chemicals Market Size, by Type, 2023 – 2030 (USD Billion)
Table 14 North America Water Treatment Chemicals Market Size, by End Use, 2018 – 2022 (USD Billion)
Table 15 North America Water Treatment Chemicals Market Size, by End Use, 2023 – 2030 (USD Billion)
Table 16 North America Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018 – 2022 (USD Billion)
Table 17 North America Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2023 – 2030 (USD Billion)
Table 18 North America Water Treatment Chemicals Market Size, by Country, 2018 – 2022 (USD Billion)
Table 19 North America Water Treatment Chemicals Market Size, by Country, 2023 – 2030 (USD Billion)
Table 20 Europe Water Treatment Chemicals Market Size, by Type, 2018 – 2022 (USD Billion)
Table 21 Europe Water Treatment Chemicals Market Size, by Type, 2023 – 2030 (USD Billion)
Table 22 Europe Water Treatment Chemicals Market Size, by End Use, 2018 – 2022 (USD Billion)
Table 23 Europe Water Treatment Chemicals Market Size, by End Use, 2023 – 2030 (USD Billion)
Table 24 Europe Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018 – 2022 (USD Billion)
Table 25 Europe Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2023 – 2030 (USD Billion)
Table 26 Europe Water Treatment Chemicals Market Size, by Country, 2018 – 2022 (USD Billion)
Table 27 Europe Water Treatment Chemicals Market Size, by Country, 2023 – 2030 (USD Billion)
Table 28 Asia-Pacific Water Treatment Chemicals Market Size, by Type, 2018 – 2022 (USD Billion)
Table 29 Asia-Pacific Water Treatment Chemicals Market Size, by Type, 2023 – 2030 (USD Billion)
Table 30 Asia-Pacific Water Treatment Chemicals Market Size, by End Use, 2018 – 2022 (USD Billion)
Table 31 Asia-Pacific Water Treatment Chemicals Market Size, by End Use, 2023 – 2030 (USD Billion)
Table 32 Asia-Pacific Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018 – 2022 (USD Billion)
Table 33 Asia-Pacific Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2023 – 2030 (USD Billion)
Table 34 Asia-Pacific Water Treatment Chemicals Market Size, by Country, 2018 – 2022 (USD Billion)
Table 35 Asia-Pacific Water Treatment Chemicals Market Size, by Country, 2023 – 2030 (USD Billion)
Table 36 RoW Water Treatment Chemicals Market Size, by Type, 2018 – 2022 (USD Billion)
Table 37 RoW Water Treatment Chemicals Market Size, by Type, 2023 – 2030 (USD Billion)
Table 38 RoW Water Treatment Chemicals Market Size, by End Use, 2018 – 2022 (USD Billion)
Table 39 RoW Water Treatment Chemicals Market Size, by End Use, 2023 – 2030 (USD Billion)
Table 40 RoW Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018 – 2022 (USD Billion)
Table 41 RoW Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2023 – 2030 (USD Billion)
Table 42 RoW Water Treatment Chemicals Market Size, by Country, 2018 – 2022 (USD Billion)
Table 43 RoW Water Treatment Chemicals Market Size, by Country, 2023 – 2030 (USD Billion)
Table 44 Snapshot – Baker Hughes Incorporated
Table 45 Snapshot – SAMCO
Table 46 Snapshot – Chembond Chemicals Limited
Table 47 Snapshot – The Dow Chemical Company
Table 48 Snapshot – Akzo Nobel N.V.
Table 49 Snapshot – Arkema
Table 50 Snapshot – Solenis
Table 51 Snapshot – Kemira
Table 52 Snapshot – BASF SE
Table 53 Snapshot – Ecolab Inc
Table 54 Snapshot – SNF Group
Table 55 Snapshot – SUEZ
Table 56 Snapshot – VASU Chemicals
Table 57 Snapshot – Johnson Matthey

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Types for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Water Treatment Chemicals Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Water Treatment Chemicals Market Highlight
Figure 12 Global Water Treatment Chemicals Market Size, by Type, 2018–2030 (USD Billion)
Figure 13 Global Water Treatment Chemicals Market Size, by End Use, 2018–2030 (USD Billion)
Figure 14 Global Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018–2030 (USD Billion)
Figure 15 Global Water Treatment Chemicals Market Size, by Region, 2018–2030 (USD Billion)
Figure 16 North America Water Treatment Chemicals Market Highlight
Figure 17 North America Water Treatment Chemicals Market Size, by Type, 2018–2030 (USD Billion)
Figure 18 North America Water Treatment Chemicals Market Size, by End Use, 2018–2030 (USD Billion)
Figure 19 North America Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018–2030 (USD Billion)
Figure 20 North America Water Treatment Chemicals Market Size, by Country, 2018–2030 (USD Billion)
Figure 21 Europe Water Treatment Chemicals Market Highlight
Figure 22 Europe Water Treatment Chemicals Market Size, by Type, 2018–2030 (USD Billion)
Figure 23 Europe Water Treatment Chemicals Market Size, by End Use, 2018–2030 (USD Billion)
Figure 24 Europe Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018–2030 (USD Billion)
Figure 25 Europe Water Treatment Chemicals Market Size, by Country, 2018–2030 (USD Billion)
Figure 26 Asia-Pacific Water Treatment Chemicals Market Highlight
Figure 27 Asia-Pacific Water Treatment Chemicals Market Size, by Type, 2018–2030 (USD Billion)
Figure 28 Asia-Pacific Water Treatment Chemicals Market Size, by End Use, 2018–2030 (USD Billion)
Figure 29 Asia-Pacific Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018–2030 (USD Billion)
Figure 30 Asia-Pacific Water Treatment Chemicals Market Size, by Country, 2018–2030 (USD Billion)
Figure 31 RoW Water Treatment Chemicals Market Highlight
Figure 32 RoW Water Treatment Chemicals Market Size, by Type, 2018–2030 (USD Billion)
Figure 33 RoW Water Treatment Chemicals Market Size, by End Use, 2018–2030 (USD Billion)
Figure 34 RoW Water Treatment Chemicals Market Size for Industrial Water, by Sub-Industry, 2018–2030 (USD Billion)
Figure 35 RoW Water Treatment Chemicals Market Size, by Country, 2018–2030 (USD Billion)