Chemical

According to a market report by Lucintel, the future of the water treatment chemical market looks promising with opportunities in boiler water treatment, cooling water treatment, raw water treatment, and water desalination applications. The global water treatment chemical market is expected to reach an estimated $49.4 billion by 2028 with a CAGR of 4.9% from 2023 to 2028. The major drivers for this market are an increase in demand for chemically treated water from various end use industries, rise in government regulations for waste water processing, and growing concerns towards waterborne diseases.



In this market, corrosion inhibitors, scale inhibitors, biocides and disinfectants, flocculants and coagulants, chelating agents, anti-foaming agents, and pH adjusters and stabilizers are different types of water treatment chemicals. Lucintel forecasts that the segment of corrosion inhibitors is expected to witness the highest growth over the forecast period because it helps in preventing corrosion and degradation of metal surfaces in equipment of oil and gas, paper and pulp, and chemical industries.



Within this market, the raw water treatment segment is expected to witness the highest growth over the forecast period due to growing demand for treating rainwater, groundwater, and water from various water bodies, such as infiltration wells, seas, rivers, and lakes.



APAC is expected to witness the highest growth from 2023 to 2028 due to the presence of large industrial base and high living standards of the population, demanding for high-quality and clean water.

BASF SE, Kemira Oyj, Ecolab, Dow, Solenis, SNF Floerger, Nouryon, Baker Hughes, Kurita Water Industries, Veolia, and Arxada are the major suppliers in the global water treatment chemical market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global water treatment chemical market by type, application, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Water Treatment Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global water treatment chemical market by type, application, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the water treatment chemical market by type (corrosion inhibitors, scale inhibitors, biocides and disinfectants, flocculants and coagulants, chelating agents, anti-foaming agents, pH adjusters and stabilizers, and others), application (boiler water treatment, cooling water treatment, raw water treatment, and water desalination), end use industry (power generation, municipal water treatment, chemical manufacturing, pulp and paper, food and beverages, metal and mining, oil and gas, and construction), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?