Water Treatment Chemicals Market - Global Outlook & Forecast 2021-2026

Water Treatment Chemicals Market - Global Outlook & Forecast 2021-2026

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Water Treatment Chemical Market Report

Water treatment chemical market size to witness USD 38119.46 million by 2026, growing at a CAGR of over 3.95% during forecast period

MARKET OVERVIEW

Earlier, efforts to control water pollution prevented human waste from reaching water bodies as population control was in the local authority's hands, not national concerns. But now, water pollution issues are public concerns about national water quality and maintaining a healthy ecosystem. The basic function of wastewater treatment chemicals is to detoxify the waste present in the water. Primarily there are three ways of treating wastewater, namely primary, chemical, and biological processes.

The following factors are likely to contribute to the growth of the water treatment chemical market during the forecast period:

  • Growing middle class population
  • Growing concern of water borne disease
  • Increasing water recycling & reuse
  • Rapid industrialization in emerging economies
  • Increasing use of water treatment equipment
KEY HIGHLIGHTS
  • In 2020, the global water treatment chemicals market was valued at USD 30,218.00 million. The COVID-19 outbreak adversely impacted the water treatment chemicals segment.
  • The alternative water treatment technologies are a major hindrance in the water treatment chemical market.
  • The industrial segment accounts for the highest in the water treatment chemicals market share in terms of revenue. This is majorly due to the huge number of industries that need clean water either for production or cleaning.
  • The APAC was the largest market for coagulant & flocculation in 2020, posting revenue of USD 4,652.37 million. Further, it is expected to grow at a CAGR of 4.65% during the forecast period.
  • Companies should focus on balanced geographical expansion, where they can focus on emerging markets, where 50% of the revenue comes from the emerging industry.
The study considers the present scenario of the water treatment chemical market and its market dynamics for the period 2021−2026. It covers a detailed overview of several market growth enablers, restraints, and trends.

The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

WATER CHEMICALS MARKET SEGMENTATION

This research report includes a detailed segmentation by
  • Chemical type
  • End-User
  • Geography
SEGMENTATION ANALYSIS
  • In the chemical process, different chemicals such as coagulant & flocculant, pH adjusters, defoamers, biocides & disinfectants, and boiler water chemicals are majorly used for wastewater treatment.
  • In 2020, the chemical for water treatment was dominated by the coagulant & flocculant segment, which accounted for 36.47%. The advantage of coagulation is that it reduces the time required to settle out suspended solids and is effective in removing very fine particles.
  • Chlorine is the most widely used disinfectant, whereas ozone and UV radiation are popular for wastewater effluent treatment.
  • Oil-based defoamers are the most preferred type of defoamers by the supplier. The oil-based defoamers are based on either mineral oil, vegetable oil, native oil, or white oil to dissolve in water easily.
  • Segmentation by Chemical type
  • Coagulants & Flocculants
  • Biocides & Disinfectant
  • Corrosion & Scale Inhibitors
  • Defoamers & Defoaming Agent
  • pH Adjusters
  • Others
  • Segmentation by End-User
  • Industrial
  • Municipal
  • Residential
  • Others
GEOGRAPHICAL ANALYSIS
  • In APAC, the main reason behind the dominating market is the increasing population, rapid industrialization, penetration of strong agricultural activities, limited availability of potable water, and government regulation to control water pollution.
  • North America and Europe is the mature market for water treatment chemical.
  • The factors driving the water treatment industry growth in Europe are the large consumption of water in industries such as sugar, petrochemical, textile, pulp & paper, and food processing. Moreover, the growing concern about the detrimental effect of polluted water on the environment coupled with an increasing number of residential & commercial construction projects is likely to fuel the demand.
  • The Middle East has the lowest market shares, but the demand for water treatment chemicals for oilfields will flourish in the forthcoming years.
  • Segmentation by Geography
  • APAC
 China

 India

 Japan

 South Korea
  • North America
 USA

 Canada
  • Europe
 Germany

 France

 Spain

 Italy

 Netherlands

 UK

 Belgium
  • Latin America
 Brazil

 Mexico
  • Middle East & Africa
 Saudi Arabia

 South Africa

 UAE

VENDOR ANALYSIS
  • The key vendors in the water treatment chemicals and water treatment equipment market are ITT Inc., Solenis, Evonik Industries, Ecolab, and Evoqua Water Technologies LLC.
  • Competition in the industry will intensify further due to technological advances and product line expansions. To survive in such a competitive environment, manufacturers must regularly introduce new or improved products and adapt to the constantly changing market trends.
  • In the last decade, many mergers and acquisitions have benefitted companies by enabling better access to raw materials, production and distribution facilities, and R&D capabilities.
  • Companies should invest significantly in R&D activities, which ensure their success in the long-term feed additives industry. Henceforth, several players are investing a huge amount in R&D activities.
  • By the end of 2021, Platinum Equity is expected to buy Solenis, a water treatment company, for USD 5.3 billion.
Key Vendors
  • ITT Inc.
  • Solenis
  • Evonik Industries
  • Ecolab
  • Evoqua Water Technologies LLC
Other Prominent Vendors
  • Arkema
  • Eastman Chemical Company
  • Angus Chemical Company
  • Lonza
  • Michelman Inc.
  • Cabot Corporation
  • Albemare Corporation
  • The Lubrizol Corporation
  • Solvay Chemicals
  • Kemira
  • Lanxess
  • Croda International PLC
  • Huntsman International
  • Univar Solutions Inc
  • Green Water Treatment Solutions
  • Veolia
  • Cortec Corporation
  • Somicon Middle East
  • Kurita Water Industries Ltd
  • Aries Chemical, Inc
KEY QUESTIONS ANSWERED:

1. How big is the water treatment chemicals market?

2. Who are the ideal end-users of the water treatment chemicals market?

3. What are the factors driving the water treatment chemicals market?

4. Which region accounted for the largest water treatment chemicals market share?

5. Who are the key players in the water treatment chemicals market?

6. What is the most profitable and preferred chemical for treating waste water?


1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Trends in Water Treatment Industries
7.3 Recent Mergers & Acquisitions in Water Treatment Chemicals Industry
7.4 Government Regulations
7.5 Impact of COVID-19
7.6 Value Chain of Water Treatment Chemicals
8 Growth Opportunity by Segment
8.1 Chemical Type
8.2 End Use
8.3 Geography
9 Frequently Asked Questions
9.1 How Have Water Treatment Chemicals Performed So Far? How Will the Market Perform in the Coming Years?
9.2 What are the Major Factors Driving the Demand for Water Treatment Chemicals?
9.3 What is the Most Profitable and Preferred Chemical for Treating Wastewater?
9.4 Which End-Use Segment is Witnessing the Fastest Growth?
9.5 Which is the Largest Regional Market for Water Treatment Chemicals?
9.6 What is the Biggest Restraint for Water Treatment Chemicals?
9.7 Which are the Major Players Operating in the Global Water Treatment Chemical Market?
10 Market Opportunities & Trends
10.1 Expanding Middle-Class Population
10.2 Growing Concerns Regarding Waterborne Diseases
10.3 Rising Frequency of Water Recycling & Reuse
11 Market Growth Enablers
11.1 Rapid Industrialization in Emerging Economies
11.2 Increasing Use of Water Treatment Equipment
12 Market Restraints
12.1 Easy Availability of Substitutes
13 Market Landscape
13.1 Geographic Landscape
13.1.1 North America: Key Insights
13.1.2 APAC: Key Insights
13.1.3 Europe: Key Insights
13.1.4 Latin America: Key Insights
13.1.5 Middle East & Africa: Key Insights
13.2 Market Size & Forecast
13.3 Five Forces Analysis
13.3.1 Threat of New Entrants
13.3.2 Bargaining Power of Suppliers
13.3.3 Bargaining Power of Buyers
13.3.4 Threat of Substitutes
13.3.5 Competitive Rivalry
14 Chemical Type
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Coagulants & Flocculants
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market by Geography
14.4 Biocides & Disinfectants
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market by Geography
14.5 Corrosion & Scale Inhibitors
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Market by Geography
14.6 Defoamers
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Market by Geography
14.7 pH Adjusters
14.7.1 Market Overview
14.7.2 Market Size & Forecast
14.7.3 Market by Geography
14.8 Others
14.8.1 Market Overview
14.8.2 Market Size & Forecast
14.8.3 Market by Geography
15 End User
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Industrial
15.3.1 Market Overview
15.3.2 Food & Beverages
15.3.3 Pulp & Paper
15.3.4 Automotive
15.3.5 Power
15.3.6 Market Size & Forecast
15.3.7 Market by Geography
15.4 Municipal
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Market by Geography
15.5 Residential
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.5.3 Market by Geography
15.6 Others
15.6.1 Market Overview
15.6.2 Market Size & Forecast
15.6.3 Market by Geography
16 Geography
16.1 Market Snapshot & Growth Engine
16.3 Geographic Overview
17 APAC
17.1 Market Overview
17.1.1 Market Size & Forecast
17.2 Chemical Type
17.2.1 Market Size & Forecast
17.3 End User
17.3.1 Market Size & Forecast
17.4 Key Countries
17.4.1 China: Market Size & Forecast
17.4.2 India: Market Size & Forecast
17.4.3 Japan: Market Size & Forecast
17.4.4 South Korea: Market Size & Forecast
18 North America
18.1 Market Overview
18.1.1 Market Size & Forecast
18.2 Chemical Type
18.2.1 Market Size & Forecast
18.3 End User
18.3.1 Market Size & Forecast
18.4 Key Countries
18.4.1 US: Market Size & Forecast
18.4.2 Canada: Market Size & Forecast
19 Europe
19.1 Market Overview
19.1.1 Market Size & Forecast
19.2 Chemical Type
19.2.1 Market Size& Forecast
19.3 End User
19.3.1 Market Size & Forecast
19.4 Key Countries
19.4.1 Germany: Market Size & Forecast
19.4.2 France: Market Size & Forecast
19.4.3 Spain: Market Size & Forecast
19.4.4 Italy: Market Size & Forecast
19.4.5 Netherlands: Market Size & Forecast
19.4.6 UK: Market Size & Forecast
19.4.7 Belgium: Market Size & Forecast
20 Latin America
20.1 Market Overview
20.1.1 Market Size & Forecast
20.2 Chemical Type
20.2.1 Market Size & Forecast
20.3 End User
20.3.1 Market Size & Forecast
20.4 Key Countries
20.4.1 Brazil: Market Size & Forecast
20.4.2 Mexico: Market Size & Forecast
21 Middle East & Africa
21.1 Market Overview
21.1.1 Market Size & Forecast
21.2 Chemical Type
21.2.1 Market Size & Forecast
21.3 End User
21.3.1 Market Size & Forecast
21.4 Key Countries
21.4.1 Saudi Arabia: Market Size & Forecast
21.4.2 South Africa: Market Size & Forecast
21.4.3 UAE: Market Size & Forecast
22 Competitive Landscape
22.1 Competition Overview
23 Key Company Profiles
23.1 ITT Inc
23.1.1 Business Overview
23.1.2 Product Offerings
23.1.3 Key Strategies
23.1.4 Key Strengths
23.1.5 Key Opportunities
23.2 Solenis
23.2.1 Business Overview
23.2.2 Product Offerings
23.2.3 Key Strategies
23.2.4 Key Strengths
23.2.5 Key Opportunities
23.3 Evonik Industries
23.3.1 Business Overview
23.3.2 Product Offerings
23.3.3 Key Strategies
23.3.4 Key Strengths
23.3.5 Key Opportunities
23.4 Ecolab
23.4.1 Business Overview
23.4.2 Product Offerings
23.4.3 Key Strategies
23.4.4 Key Strengths
23.4.5 Key Opportunities
23.5 Evoqua Water Technologies LLC
23.5.1 Business Overview
23.5.2 Product Offerings
23.5.3 Key Strategies
23.5.4 Key Strengths
23.5.5 Key Opportunities
24 Other Prominent Vendors
24.1 Arkema
24.1.1 Business Overview
24.1.2 Product Offerings
24.2 Eastman Chemical Company
24.2.1 Business Overview
24.2.2 Product Offerings
24.3 Angus Chemical Company
24.3.1 Business Overview
24.3.2 Product Offerings
24.4 Lonza
24.4.1 Business Overview
24.4.2 Product Offerings
24.5 Michelman Inc
24.5.1 Business Overview
24.5.2 Product Offerings
24.6 Cabot Corporation
24.6.1 Business Overview
24.6.2 Product Offerings
24.7 Albermare Corporation
24.7.1 Business Overview
24.7.2 Product Offerings
24.8 The Lubrizol Corporation
24.8.1 Business Overview
24.8.2 Product Offerings
24.9 Solvay
24.9.1 Business Overview
24.9.2 Product Offerings
24.10 Kemira
24.10.1 Business Overview
24.10.2 Product Offerings
24.11 Lanxess
24.11.1 Business Overview
24.11.2 Product Offerings
24.12 Croda International PLC
24.12.1 Business Overview
24.12.2 Product Offerings
24.13 Hunstman International
24.13.1 Business Overview
24.13.2 Product Offerings
24.14 Univar Solutions Inc
24.14.1 Business Overview
24.14.2 Product Offerings
24.15 Green Water Treatment Solutions
24.15.1 Business Overview
24.15.2 Product Offerings
24.16 Veolia
24.16.1 Business Overview
24.16.2 Product Offerings
24.17 Cortec Corporation
24.17.1 Business Overview
24.17.2 Product Offerings
24.18 Somicon Middle East
24.18.1 Business Overview
24.18.2 Product Offerings
24.19 Kurita Water Industries Ltd
24.19.1 Business Overview
24.19.2 Product Offerings
24.20 Aries Chemical Inc
24.20.1 Business Overview
24.20.2 Product Offering
25 Report Summary
25.1 Key Takeaways
25.2 Strategic Recommendations
26 Quantitative Summary
26.1 Chemical Product
26.1.1 Coagulants & Flocculants
26.1.2 Biocides & Disinfectants
26.1.3 Corrosion & Scale Inhibitor
26.1.4 pH Adjuster
26.1.5 Defoamer
26.1.6 Others
26.2 End Use
26.2.1 Industrial
26.2.2 Municipal
26.2.3 Residential
26.2.4 Others
27 Geography
27.1 North America
27.1.1 Chemical Product
27.1.2 End Use
27.2 APAC
27.2.1 Chemical Product
27.2.2 End Use
27.3 Europe
27.3.1 Chemical Product
27.3.2 End Use
27.4 Latin America
27.4.1 Chemical Product
27.4.2 End Use
27.5 Middle East & Africa
27.5.1 Chemical Product
27.5.2 End Use
28 Appendix
28.1 Abbreviations

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