Materials & Chemicals
Materials & Chemicals

Water Treatment Chemicals Market (By Product: Scale & Corrosion Inhibitor, pH & Adjuster & Softener, Defoamer & Defoaming Agent, Biocide & Disinfectant, Coagulants & Flocculants; By End-Use: Pulp & Paper, Food & Beverage, Municipal, Mining & Mineral Processing, Chemical Manufacturing, Oil & Gas, Power; By Application: Effluent Water Treatment, Boiler, Cooling, Water Desalination, Raw Water Treatment) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030

Report ID : 3081
Date : 2023-10-06
No of Pages : 150
Format : PDF

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Report Overview

The water treatment chemicals Market was valued at 302.88 billion in 2022 and expected to grow at CAGR of 9.0% over forecast period.

The increase in global population and urbanization leads to higher water consumption and wastewater generation. As a result, there is a growing need for effective water treatment to ensure the availability of clean and safe water. Furthermore, the expansion of industrial activities across sectors such as power generation, chemical manufacturing, and food and beverage processing increases the demand for water treatment chemicals. Industries require water treatment to meet quality standards and comply with environmental regulations.

In addition, Governments worldwide are imposing stricter regulations to address water pollution and ensure the discharge of treated water within acceptable limits. Compliance with these regulations drives the demand for water treatment chemicals. Increased awareness of water scarcity and the importance of water conservation has prompted industries and municipalities to invest in water treatment technologies and chemicals to optimize water use and reduce wastage.

With a growing emphasis on sustainable water management, there is an increasing focus on water reuse and recycling. Water treatment chemicals play a crucial role in treating and purifying water for reuse in various industries and applications.

Product Outlook

Based on product, the water treatment chemicals market is segmented into scale & corrosion inhibitor, pH & adjuster & softener, defoamer & defoaming agent, biocide & disinfectant and coagulants & flocculants. scale & corrosion inhibitor segment accounted for largest share in 2022. The ongoing expansion of industrial infrastructure worldwide, particularly in sectors such as power generation, manufacturing, and oil and gas, has significantly increased the need for effective water treatment. Scale and corrosion inhibitors are essential components in water treatment formulations used to protect critical equipment and infrastructure from scaling and corrosion. As industries expand, the demand for reliable water treatment chemicals, including inhibitors, continues to rise.

Moreover, Scale and corrosion pose serious threats to the longevity and efficiency of industrial equipment, such as boilers, heat exchangers, and pipelines. The use of inhibitors helps prevent the accumulation of scale and the corrosive degradation of equipment surfaces. By extending the lifespan of industrial assets, these inhibitors contribute to cost savings for industries, driving the adoption of water treatment solutions.

Regional Outlook

North America has emerged as leading market for water treatment chemicals market in 2022. Several key factors are driving the North America water treatment chemicals market such as North America, particularly the United States and Canada, has well-established and stringent environmental regulations governing water quality. Regulatory bodies such as the Environmental Protection Agency (EPA) in the U.S. set standards for water treatment, pushing industries to invest in advanced water treatment chemicals. Compliance with these regulations is a primary driver for the increased adoption of water treatment solutions.

The region hosts a diverse range of industries, including manufacturing, energy, and petrochemicals, which are inherently water-intensive. As these industries expand, the demand for water treatment chemicals, including corrosion inhibitors, scale inhibitors, and biocides, is on the rise. Protection of critical infrastructure and compliance with environmental standards are driving the need for advanced water treatment solutions.

Thus, the growth of the water treatment chemicals market in North America is fueled by a combination of regulatory pressures, industrial expansion, a focus on sustainability, and advancements in water treatment technologies. As the region continues to address water quality challenges and invest in infrastructure, the demand for water treatment chemicals is expected to remain robust.

Water Treatment Chemicals Market Report Scope

Report Attribute Details
Market Value in 2022 USD 302.88 Billion
Forecast in 2030 USD 596.67 Billion
CAGR CAGR of 9.0% from 2023 to 2030
Base Year of Forecast 2022
Historical 2018-2021
Units Revenue in USD Billion and CAGR from 2023 to 2030
Report Coverage Revenue forecast, Industry outlook, competitive landscape, growth factors, and trends
Segments Scope By Product, By End Use, By Application
Regions Covered North America, Europe, Asia Pacific, CSA and MEA
Key Companies profiled BASF SE, Schlumberger Limited, Halliburton, Nalco Champion, Clariant, Dow Inc., Baker Hughes, Chevron Phillips Chemical Company, AkzoNobel and Kemira Oyj among Others

Global Water Treatment Chemicals Market, Report Segmentation

Water Treatment Chemicals Market, By Product

  • Scale & Corrosion Inhibitor
  • pH & Adjuster & Softener,
  • Defoamer & Defoaming Agent
  • Biocide & Disinfectant
  • Coagulants & Flocculants

Water Treatment Chemicals Market, By End Use

  • Pulp & Paper
  • Food & Beverage,
  • Municipal
  • Mining & Mineral Processing
  • Chemical Manufacturing
  • Oil & Gas
  • Power

Water Treatment Chemicals Market, By Application

  • Effluent Water Treatment
  • Boiler
  • Cooling
  • Water Desalination,
  • Raw Water Treatment

Water Treatment Chemicals Market, Regional Outlook

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • Spain
  • Russia
  • France
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia

CSA

  • Brazil
  • Argentina

MEA

  • UAE
  • Saudi Arabia
  • South Africa

TABLE OF CONTENTS

EXECUTIVE SUMMARY

1       Market Overview

2       Market Drivers

3       Market Restraints

4       Market Challenges

5       Market Opportunities

5.3        Porter’s Five Analysis

5.4        Covid-19 Impact

6       Water treatment chemicals Market, By Product

6.1        Scale & Corrosion Inhibitor

6.2        pH & Adjuster & Softener,

6.3        Defoamer & Defoaming Agent

6.4        Biocide & Disinfectant

6.5        Coagulants & Flocculants

7 Water treatment chemicals Market, By End Use

7.1        Pulp & Paper

7.2        Food & Beverage,

7.3        Municipal

7.4        Mining & Mineral Processing

7.5        Chemical Manufacturing

7.6        Oil & Gas

7.7        Power

8 Water treatment chemicals Market, By Application

8.1        Effluent Water Treatment

8.2        Boiler

8.3        Cooling

8.4        Water Desalination,

8.5        Raw Water Treatment

7 Major Developments and Strategic Initiatives

8       Market Positioning

9       Market Share Analysis

10         North America

10.1      U.S.

10.2      Canada

10.3      Mexico

11         Europe

11.1      Germany

11.2      UK

11.3      Spain

11.4      Russia

11.5      France

11.6      Italy

12         Asia Pacific

12.1      China

12.2      Japan

12.3      India

12.4      South Korea

12.5      Australia

13         CSA

13.1      Brazil

13.2      Argentina

14         MEA

14.1      UAE

14.2      Saudi Arabia

14.3      South Africa

15         Company Profiles

15.1      BASF SE

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4       Strategic Initiatives

15.2      Schlumberger Limited

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.3   Halliburton 

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.4   Nalco Champion

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

  1. 5 Clariant

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.6 Dow Inc.

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.7 Baker Hughes

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.8 Chevron Phillips Chemical Company

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.9 AkzoNobel

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.10 Kemira Oyj

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

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