(MENAFN- iCrowdNewsWire) The global Water Treatment Chemicals Market is expected to reach USD 71.48 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing requirements from the refining and petrochemical industries in the developing economies. Increasing investments in the research and development to generate more efficient chemical based water treatment technology is expected to drive the demand for the industry.
The current COVID-19 pandemic is expected to have an effect on the growth of the global Water Treatment Chemicals industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the global Water Treatment Chemicals sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall global Water Treatment Chemicals industry.
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Key Highlights from The Report
The Coagulants & Flocculants dominated the market with a share of 39.5% in 2019 as a wide number of water treatment plants use the sedimentation process. Biocides & Disinfectant is expected to be the second-largest segment among the products as it reduces contamination and biofouling.
Municipal corporations are expected to register for the highest growth in the market over the forecast period due to the increasing need for freshwater in the developed countries of North America and Europe.
The raw water treatment is the largest application segment in 2019 due to its growing utilization in the product formulations for industrial settings.
Asia-Pacific is expected to register the highest CAGR over the forecast period due to the growing population and rapid urbanization in countries such as China, Malaysia, India, and Indonesia. Besides, the growth of the manufacturing, power, and industrial sectors in the region is also expected to boost the growth of the market.
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Key participants include Ecolab Inc., BASF SE, SUEZ S.A., Solenis LLC, Kurita Europe GmbH, The DOW Chemical Company, Baker Hughes Incorporated, Kemira OYJ, Snf Floerger, and Akzo Nobel N.V., among others.
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Emergen Research has segmented the global Water Treatment Chemicals Market on the basis of Product, End User, Application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Biocide & Disinfectant
Coagulants & Flocculants
pH & Adjuster & Softener
Scale & Corrosion Inhibitors
End User Outlook (Revenue, USD Billion; 2017-2027)
Oil & Gas
Mining & Mineral Processing
Food & Beverage
Pulp & Paper
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According to the regional analysis, the market is segmented into the key geographical regions, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further provides insight into the regions dominating the market and is expected to lead the market in the coming years. The report also discusses the growth rate and market size of each major region for the forecast period. It also covers production and consumption patterns, supply and demand dynamics, current and emerging trends, import/export, and the presence of key players in each region.
In-depth Regional Analysis Covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
What is the growth rate of the global Water Treatment Chemicals market? What is the anticipated market valuation of global Water Treatment Chemicals industry by 2027?
What are the key growth driving and restraining factors of the global Water Treatment Chemicals market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the global Water Treatment Chemicals industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Water Treatment Chemicals Market Segmentation & Impact Analysis
4.1. Water Treatment Chemicals Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Increasing environmental and climatic concerns
220.127.116.11. Increasing R & D for the development of new technologies
18.104.22.168. Growing global population
22.214.171.124. Increasing need for sustainable water treatment
4.2.3. Market restraints analysis
126.96.36.199. High cost of Industrial Wastewater Treatment
188.8.131.52. Alternative Water Treatment Technologies
184.108.40.206. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Water Treatment Chemicals Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Product Dynamics & Market Share, 2019 & 2027
5.1.1. Biocide & Disinfectant
5.1.2. Coagulants & Flocculants
5.1.3. pH & Adjuster & Softener
5.1.4. Scale & Corrosion Inhibitors
5.1.5. Anti-foaming Agents
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