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Water Treatment Chemicals Market

P&S Market Research-Water Treatment Chemicals Market report

Global Water Treatment Chemicals Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Type (Coagulants and Flocculants, Corrosion Inhibitors, Scale Inhibitors, Chelating Agents, Biocides and Disinfectants, PH Adjusters and Stabilizers, Anti-Foaming Agents, Oxidants, Oxygen Scavengers, Others) and by Application (Power Generation, Municipal Water Treatment, Chemical Processing, Pulp and Paper, Food and Beverages, Metal and Mining, Oil and Gas, Construction, Petroleum Refining, Others)

Published: August 2016
Report Code: CM10234
Available Format: pdf
Pages: 110

Water treatment chemicals are chemical compounds utilized to remove the impurities from water. The use of water is tremendously increasing with the rapid urbanization and economic development in emerging nations. The rapid growth of urban population is creating pressure on the existing water infrastructure, which includes the delivery of utility water, and removal and treatment of wastewater. To overcome this situation, various governments in Asia and Africa are expected to increase their spending on irrigation and drinking water schemes. In 2011, in its Twelfth Five Year Plan, the Chinese government allocated USD 112 billion for upgrading water treatment.

 

GLOBAL WATER TREATMENT CHEMICALS MARKET BY REGION KILOTONS (2012–2022)

Water Treatment Chemicals Market

The rapid industrialization in developing nations has resulted in the increase in trade activities, increase in per capita income, expansion of infrastructure facilities, and growth in several industries, such as chemicals, oil & gas, and energy. The developing economies, such as India and China, are witnessing rapid industrialization. In the current scenario, China is the world’s largest industrial producer. According to data published by the United Nations, China’s total industrial production was only 62% of that of the U.S. in 2007, which increased to 120% by 2011. As per Central Intelligence Agency’s (CIA) World Factbook, China’s industrial production was valued at USD 3.7 trillion, as compared to USD 2.9 trillion of the U.S. in 2012. Thus, the demand for water treatment chemicals is increasing, due to increasing demand from industries, such as oil & gas, chemicals, and energy.

Based on type, the global water treatment chemicals market is segmented into coagulants and flocculants, corrosion inhibitors, scale inhibitors, chelating agents, biocides and disinfectants, ph adjusters and stabilizers, anti-foaming agents, oxidants, oxygen scavengers, and others. Among the various types of water treatment chemicals, the coagulants and flocculants segment held the largest share in the global water treatment chemicals market in 2015. Since past few years, China has been focusing on water and waste water treatment to improve the health profile of its citizens, under which, it is replacing the traditional methods and equipment for water treatment, including chemical treatment.

Based on application, the global water treatment chemicals market is segmented into power generation, municipal water treatment, chemical processing, pulp and paper, food and beverages, metal and mining, oil and gas, construction, petroleum refining, others. Among the various applications of water treatment chemicals, the municipal water treatment segment held the largest share in the global market in 2015. The municipal water treatment application segment was valued at 3,085.6 kilotons in terms of volume and $5,745.9 million in terms of value in 2015, and it is expected to grow at a CAGR of 5.8%, in terms of value, during the forecast period.

The global water treatment chemicals market was valued at $16,853.5 million in 2015, and it is expected to grow at a CAGR of 5.6% during the forecast period. In terms of volume, Asia-Pacific accounted for the largest share in the global water treatment chemicals market, with 2,998.6 kilotons consumed in 2015. The major reason behind the growth of the market in the region is the increasing level of urbanization and rapid industrialization.

Some of the major players operating in the global water treatment chemicals market include Akzonobel NV, Ashland Corporation, GE Water & Process Technologies, Air Products And Chemicals Inc., BASF SE, Buckman Laboratories International Inc., Cortec Corporation, Kemira Oyj, Lonza Group LTD., and The Dow Chemical Company.

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