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According to IMARC Group's latest report, titled “Water treatment Chemicals Market: Global industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” offers a detailed analysis of the global water treatment chemicals market size, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How Big is the Water Treatment Chemicals Market?
The global water treatment chemicals market size reached US$ 38.0 Billion in
2023. Looking forward, IMARC Group expects the market to reach US$ 56.4 Billion by
2032, exhibiting a growth rate (CAGR) of 4.4% during
2024-2032.
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What are Water Treatment Chemicals?
Water treatment chemicals are substances employed to cleanse and refine water for a variety of purposes, including drinking, industrial applications, and irrigation. These substances are introduced into water to eliminate impurities, pollutants, and harmful microorganisms, thereby enhancing its quality and safety. Common water treatment chemicals encompass coagulants, flocculants, disinfectants, pH regulators, and corrosion inhibitors. Coagulants and flocculants aid in the removal of suspended particles and organic materials from the water, while disinfectants like chlorine are utilized to eradicate detrimental bacteria and viruses. The use of water treatment chemicals is indispensable for ensuring the provision of safe and pure water for human consumption and industrial processes.
What are the growth prospects and trends in the water treatment chemicals industry?
The increasing need for water treatment chemicals across various industrial sectors is a significant catalyst for market expansion. Water treatment chemicals play a crucial role in diverse applications such as geothermal power generation, fertilizer production, refining industries, and petrochemical manufacturing, fueling market growth.
Additionally, the growing adoption of saline water treatment methods to address the rising demand for water resources is contributing to the market's expansion. Furthermore, substantial investments in sewage water treatment plants are playing a pivotal role in propelling the global water treatment chemicals market's growth.
Who are the key players operating in the industry?
The report covers the major market players including:
BASF SE Ecolab Inc. Kemira OYJ Solenis LLC Akzo Nobel N.V. Baker Hughes Incorporated Lonza The DOW Chemical Company Snf Floerger Suez S.A.
Key Market Segmentation:
The report has segmented the water treatment chemicals market on the basis of
type
and
end-user
Breakup by Type:
Coagulants and Flocculants Corrosion and Scale Inhibitors Biocides and Disinfectants Ph Adjusters and Softeners Defoaming Agents Others
Breakup by End-User:
Municipal Power Oil and Gas Mining Chemical Food and Beverage Pulp and Paper Others
Breakup by Region:
North America Europe Asia Pacific Latin America Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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