
Water Treatment Chemicals Market in India
Description
The water treatment chemicals sector involves manufacturing and supplying a wide range of chemical products for treating and purifying water in diverse applications. These chemicals are utilized in municipal water treatment, industrial processes, wastewater treatment, and other sectors to improve water quality, ensure its safety for consumption, and mitigate environmental impacts.
Market insights:
The Indian water treatment chemicals market was valued at INR 138.37 billion in 2022, projected to reach INR 236.96 billion by 2028, with a CAGR of 8.39% during 2023-2028. Increasing wastewater discharge due to population growth and industrial expansion has led municipalities to promote efficient water reuse. Stringent environmental regulations and increased industry awareness are anticipated to drive significant growth in the wastewater treatment chemicals market.
Market drivers:
Increasing power plants, coupled with a focus on operational efficiency, drive the demand for water treatment chemicals to optimize cooling and boiler feedwater treatment. Simultaneously, adherence to environmental regulations fuels the need for these chemicals in the power sector, while the acceleration of urbanization and industrialization contributes to the growing demand in the municipal sector, addressing water purification and disinfection needs.
Market challenges:
In industrial manufacturing, water contamination occurs due to hazardous substances, posing a challenge for effective water treatment. This pollution results in industries releasing toxic water into water bodies, negatively affecting marine life. Biocides, employed for wastewater treatment in various industries, aim to eliminate living organisms like algae, bacteria, insects, molds, and rodents; however, their high toxicity, endocrine-disrupting properties, and carcinogenic potential raise concerns for both human health and the environment during industrial use.
Market insights:
The Indian water treatment chemicals market was valued at INR 138.37 billion in 2022, projected to reach INR 236.96 billion by 2028, with a CAGR of 8.39% during 2023-2028. Increasing wastewater discharge due to population growth and industrial expansion has led municipalities to promote efficient water reuse. Stringent environmental regulations and increased industry awareness are anticipated to drive significant growth in the wastewater treatment chemicals market.
Market drivers:
Increasing power plants, coupled with a focus on operational efficiency, drive the demand for water treatment chemicals to optimize cooling and boiler feedwater treatment. Simultaneously, adherence to environmental regulations fuels the need for these chemicals in the power sector, while the acceleration of urbanization and industrialization contributes to the growing demand in the municipal sector, addressing water purification and disinfection needs.
Market challenges:
In industrial manufacturing, water contamination occurs due to hazardous substances, posing a challenge for effective water treatment. This pollution results in industries releasing toxic water into water bodies, negatively affecting marine life. Biocides, employed for wastewater treatment in various industries, aim to eliminate living organisms like algae, bacteria, insects, molds, and rodents; however, their high toxicity, endocrine-disrupting properties, and carcinogenic potential raise concerns for both human health and the environment during industrial use.
Table of Contents
57 Pages
- Chapter 1: Executive summary
- Chapter 2: Socio-economic indicators
- Chapter 3: Introduction
- 3.1. Market definition and structure
- Chapter 4: Market Overview
- 4.1. Water treatment chemicals market in India overview
- 4.1.1. Market size and growth forecast (2020 – 2028e)
- Chapter 5: Porter’s Five Forces Analysis
- 5.1. Porter’s five forces analysis
- Chapter 6: SWOT Analysis
- 6.1. SWOT analysis
- Chapter 7: Impact of COVID-19
- 7.1. Impact of COVID-19
- Chapter 8: Market Trends
- 8.1. Key market trends
- Chapter 9: Government Initiatives
- 9.1. Government initiatives
- Chapter 10: Market Influencers
- 10.1. Market drivers
- 10.2. Market challenges
- Chapter 11: Competitive Landscape
- 11.1. Chembond Chemicals Limited
- Company information
- Business description
- Products/services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographic segments
- Note: Financial information covered for public companies only
- 11.2. Ion Exchange (India) Limited
- 11.3. Thermax Limited
- 11.4. Va Tech WABAG Limited
- 11.5. Voltas Limited
- 11.6. Chemtex Speciality Limited
- 11.7. Hindustan Dorr Oliver Limited
- 11.8. Hitachi Systems India Private Limited
- 11.9. SFC Environmental Technologies Private Limited
- Chapter 12: Recent Developments
- 12.1. Recent developments
- Chapter 13: Appendix
- 13.1. Research methodology
- 13.2. About Netscribes
- 13.3. Disclaimer
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