Water Treatment Chemicals Market by Type, Source, Application, End-Use

Description

List of Tables

[188 Pages Report] The Water Treatment Chemicals Market size was estimated at USD 43.03 billion in 2023 and expected to reach USD 44.91 billion in 2024, at a CAGR 4.40% to reach USD 58.19 billion by 2030.

Water treatment chemicals are diverse chemical substances utilized to purify and disinfect water by eliminating harmful substances, pathogens, and other contaminants. The increasing global need for clean water and stricter regulations on wastewater disposal implemented by various governments has accelerated the need for water treatment chemicals. The growth of industries such as power generation and mining, which are significant end consumers of these chemicals, propels the demand for water treatment chemicals. The heightened awareness around water-related health issues and environmental sustainability are other key factors leading to an escalating growth of the water treatment chemicals market. However, the use of certain chemicals and their disposal can often lead to adverse environmental impacts, a critical factor harming the product use. Businesses are working on the development and promotion of cost-efficient and environmentally friendly water treatment chemicals to counteract the limitations currently at play. The awareness created around water scarcity and the advancements in recycling and reusing wastewater are also providing ample potential opportunities for the growth of this market.

KEY MARKET STATISTICS
Base Year [2023]	USD 43.03 billion
Estimated Year [2024]	USD 44.91 billion
Forecast Year [2030]	USD 58.19 billion
CAGR (%)	4.40%

Type: Rise of anti-foaming agents owing to their potential to enhance water treatment processes

Anti-foaming agents prevent the formation of foam in industrial process liquids and they have a vast preference in industries such as food and beverage, textiles, paper and pulp, and water treatment, where excessive foam can hinder operations. Biocides and disinfectants eliminate harmful bacteria and other microorganisms, ensuring the safety of water bodies for different usages. Chelating agents are used for water softening, leading to their high preference in areas with hard water problems. Coagulants & flocculants contribute to water purification, thus being an essential component for wastewater and sewage treatment plants. Corrosion inhibitors prevent metallic components in water systems from corrosive attacks, increasing their lifespan and reducing maintenance costs, suitable for industries such as power generation, manufacturing, and construction. pH Adjusters and stabilizers play a critical role in maintaining the pH levels in water bodies, preventing pipe corrosion, and controlling the efficiency of disinfectants. Scale inhibitors work to prevent scale deposits, particularly in cooling towers and boilers, boosting the optimization of energy in industries such as energy production, food and drink processing, and manufacturing.

Source: Preference for bio-based chemicals for their environmental sustainability and potential for renewable sourcing

The bio-based segment of water treatment chemicals represents those sourced from natural raw materials such as plant extracts, minerals, and microorganisms. The industry has seen a surge in demand for bio-based chemicals due to their sustainable characteristics and reduced environmental impact. The synthetic segment involves chemicals manufactured using artificial methods. Despite the rise of more sustainable options, synthetic chemicals remain a significant part of the water treatment industry due to their cost-effectiveness and consistent effectiveness. Synthetic chemicals often offer a higher degree of consistency, making them the preferred choice in industries dealing with heavily polluted water.

Application: High adoption of boiler & cooling water treatment driven by their extensive industrial applications

Boiler water treatment refers to the process geared towards protecting boiler systems from damage and optimizing their performance. The chemical treatment works by preventing scale build-up, corrosion, and fouling, which ultimately reduces energy consumption and cost. Cooling water treatment is essential to maintain the efficiency of cooling systems and prevent fouling, scaling, and microbiological contamination. From HVAC systems in buildings to cooling towers in power plants, this application witnessed widespread use. Raw water treatment involves purifying the water from natural sources such as rivers, wells, and lakes to meet specific usage requirements. This process requires a gamut of chemicals to eliminate physical, chemical, and biological impurities. The preference for this application is primarily instigated by the need to improve water quality for various industrial and residential uses. Water desalination is practiced mainly in coastal areas or regions with water scarcity issues, where it transforms seawater into potable water.

End-Use: Need for highly effective chemicals to manage the large scale of consumption and disposal of water

Commercial entities require water treatment chemicals to guarantee the safety and efficiency of their water sources, whether it be for consumption, sanitation, or other specific applications. Market players offer a multitude of treatment solutions customized for commercial uses and environmentally friendly coagulants that ensure optimal water purification for commercial entities. The industrial sector represents the highest demand for water treatment chemicals due to their use in a multitude of processes, such as cooling, heating, cleaning, and waste management. These facilities require end-to-end water treatment solutions for industries, ensuring maximum efficiency and safety. In households, water treatment chemicals are primarily used to ensure the supply of safe drinking water and for sewage or wastewater treatment. Residential water filtering system chemicals significantly cut down on chemical use while guaranteeing increased safety of the household's water supply.

Regional Insights

In the Americas, the use of water treatment chemicals is wide-ranging and dynamic, with a heavy focus on maintaining water quality in industries such as oil and gas, waste management, and food and beverage. Americas hosts several key global players in the production of water treatment chemicals, marked by innovative and high-quality product ranges. Asia, with its emerging economies, shows a growing demand for water treatment chemicals in the municipal sector due to rapid urbanization and industrialization. Asia-Pacific, especially China and India, dominates the production scene for water treatment chemicals, given its large-scale manufacturing capabilities and cost-effective production methods. Asia's company landscape is dominated by large corporations and numerous local manufacturers entering into contracts with governments and industries investing in water treatment plants. Europe, characterized by stringent water quality standards, witnesses a consistent demand for water treatment chemicals across various sectors, emphasizing industrial wastewater treatment. The region emphasizes sustainable production standards, focusing more on the production of eco-friendly water treatment chemicals. Europe features major companies known for their strong commitment to innovation and sustainability.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Water Treatment Chemicals Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Water Treatment Chemicals Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Water Treatment Chemicals Market, highlighting leading vendors and their innovative profiles. These include Aries Chemical, Inc., BASF SE, Bauminas Quimica Ltda., Buckman Laboratories Pty Ltd., Chardon Laboratories, Inc., Chemtex Speciality Limited, Cortec Corporation, Ecolab Inc., Hibrett Puratex, Jenfitch, Inc., Kurita Water Industries Ltd., Lonza Group Ltd., Myron L Company, Nouryon Chemicals Holding B.V., Reynolds Culligan, SNF Group, Solenis LLC, Solvay S.A., The Dow Chemical Company, Thermax Limited, Veolia Environnement SA, Wego Chemical Group Inc., and Wyo-Ben, Inc..

Market Segmentation & Coverage

This research report categorizes the Water Treatment Chemicals Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Anti-Foaming Agents
- Biocides & Disinfectants
- Chelating Agents
- Coagulants & Flocculants
- Corrosion Inhibitors
- pH Adjusters & Stabilizers
- Scale Inhibitors

Source
- Bio-Based
- Synthetic

Application
- Boiler Water Treatment
- Cooling Water Treatment
- Raw Water Treatment
- Water Desalination

End-Use
- Commercial
- Industrial
- Residential

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Water Treatment Chemicals Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Water Treatment Chemicals Market?

3. What are the technology trends and regulatory frameworks in the Water Treatment Chemicals Market?

4. What is the market share of the leading vendors in the Water Treatment Chemicals Market?

5. Which modes and strategic moves are suitable for entering the Water Treatment Chemicals Market?

Product Code: MRR-434CCDA047B9

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing awareness of water scarcity and the importance of water conservation
  - 5.1.1.2. Government initiatives promoting water and wastewater treatment plants
  - 5.1.1.3. Expansion of industrial facilities and the need to manage wastewater discharges
- 5.1.2. Restraints
  - 5.1.2.1. Issues associated with resistance and adaptation to chemicals
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in the formulations of water treatment chemicals
  - 5.1.3.2. Introduction of new water recycling and reuse technologies
- 5.1.4. Challenges
  - 5.1.4.1. Harmful composition of certain water treatment chemicals
5.2. Market Segmentation Analysis
- 5.2.1. Type: Rise of anti-foaming agents owing to their potential to enhance water treatment processes
- 5.2.2. Source: Preference for bio-based chemicals for their environmental sustainability and potential for renewable sourcing
- 5.2.3. Application: High adoption of boiler & cooling water treatment driven by their extensive industrial applications
- 5.2.4. End-Use: Need for highly effective chemicals to manage the large scale of consumption and disposal of water
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Water Treatment Chemicals Market, by Type

6.1. Introduction
6.2. Anti-Foaming Agents
6.3. Biocides & Disinfectants
6.4. Chelating Agents
6.5. Coagulants & Flocculants
6.6. Corrosion Inhibitors
6.7. pH Adjusters & Stabilizers
6.8. Scale Inhibitors

7. Water Treatment Chemicals Market, by Source

7.1. Introduction
7.2. Bio-Based
7.3. Synthetic

8. Water Treatment Chemicals Market, by Application

8.1. Introduction
8.2. Boiler Water Treatment
8.3. Cooling Water Treatment
8.4. Raw Water Treatment
8.5. Water Desalination

9. Water Treatment Chemicals Market, by End-Use

9.1. Introduction
9.2. Commercial
9.3. Industrial
9.4. Residential

10. Americas Water Treatment Chemicals Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Water Treatment Chemicals Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Water Treatment Chemicals Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Water Treatment Range Comprising Solid Chemicals Launched
- 13.3.2. Nouryon Introduces Berol Nexxt Surfactant and Dissolvine GL Premium Chelating Agent at the 2023 SEPAWA Congress and Exhibition
- 13.3.3. USALCO Celebrates Opening of New Research and Technology Center in Baltimore
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio