The global Water Treatment Chemicals Market is expected to reach USD 71.48 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing requirements from the refining and petrochemical industries in the developing economies. Increasing investments in the research and development to generate more efficient chemical based water treatment technology is expected to drive the demand for the industry.
The Global Water Treatment Chemicals market drivers and restraints Market report provides vital information that prepares market players to give fierce competition to their toughest competitors based on growth, sales, and revenue, among other essential factors. The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Water Treatment Chemicals market drivers and restraints space
The pandemic has severely affected the supply chain and raw material supplies as the manufacturers have shut down their productions due to the lockdown. But, it has a positive effect on the water treatment chemicals market due to the increased consumption of water for maintaining hygiene. Proper hygiene conditions, sanitization, and safe water are mandatory for human health during COVID-19.
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A few of the leading players operating in the Water Treatment Chemicals market research report are:
Ecolab Inc., BASF SE, SUEZ S.A., Solenis LLC, Kurita Europe GmbH, The DOW Chemical Company, Baker Hughes Incorporated, Kemira OYJ, Snf Floerger, and Akzo Nobel N.V.
Extent of the research:
Segments Covered in this report are:
- Product Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Biocide Disinfectant
- Coagulants Flocculants
- pH Adjuster Softener
- Scale Corrosion Inhibitors
- Anti-foaming Agents
- Others
- End User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Oil Gas
- Municipal
- Power
- Mining Mineral Processing
- Food Beverage
- Chemical Manufacturing
- Pulp Paper
- Others
- Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Boiler
- Raw Water Treatment
- Cooling
- Water Desalination
- Effluent Water Treatment
- Others
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Key Questions Answered
What is the impact of COVID-19 on the global Water Treatment Chemicals Market?
What are the top strategies that companies adopting in Water Treatment Chemicals Market?
What are the challenges faced by SME’s and prominent vendors in Water Treatment Chemicals Market?
Which region has the highest investments in Water Treatment Chemicals Market?
What are the latest research and activities in Water Treatment Chemicals Market?
Who are the prominent players in Water Treatment Chemicals Market?
What is the potential of the Water Treatment Chemicals Market?
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Some key aspects explored in this report are:
- The Coagulants Flocculants dominated the market with a share of 39.5% in 2019 as a wide number of water treatment plants use the sedimentation process. Biocides Disinfectant is expected to be the second-largest segment among the products as it reduces contamination and biofouling.
- Municipal corporations are expected to register for the highest growth in the market over the forecast period due to the increasing need for freshwater in the developed countries of North America and Europe.
- The raw water treatment is the largest application segment in 2019 due to its growing utilization in the product formulations for industrial settings.
- Asia-Pacific is expected to register the highest CAGR over the forecast period due to the growing population and rapid urbanization in countries such as China, Malaysia, India, and Indonesia. Besides, the growth of the manufacturing, power, and industrial sectors in the region is also expected to boost the growth of the market.
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Overall, the Water Treatment Chemicals Market intelligence report deduces accurate market estimations by utilizing the principles of Breakdown and Data Triangulation to assess factors like shift in consumer inclination, existent knowledgebase, market valuation, and verified sources. These aspects might play a crucial role in the potential growth of the worldwide sector.
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