Global Specialty Water Treatment Chemicals Market 2015 Is Expected to Grow at a CAGR of 6.2%
Market Research Store: Global Specialty Water Treatment Chemicals Market is valued at $26.2 billion in 2014 and is poised to reach $42.3 billion by 2022 growing at a Compound Annual Growth Rate (CAGR) of 6.2% from 2014 to 2022.
Deerfield Beach, FL -- (SBWire) -- 09/22/2015 --Global Specialty Water Treatment Chemicals Market Outlook (2014-2022)
The Global Specialty Water Treatment Chemicals Market is valued at $26.2 billion in 2014 and is poised to reach $42.3 billion by 2022 growing at a Compound Annual Growth Rate (CAGR) of 6.2% from 2014 to 2022. The factors that are influencing the market growth are increasing demand for water and stringent environmental regulations. Whereas rising raw material costs is one of the restraints of the market. However, the opportunities for the market are increasing demand in emerging economies and specific formulation.
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Specialty Water Treatment Chemicals Market is segmented by type, by application and by geography. Depending on the various types, market is segregated into Biocides & Disinfectants, Coagulants & Flocculants, Chelating agents & Ion exchange resins, Corrosion inhibitors and Scale inhibitors. Based on application, market is classified as Chemical Processing, Food & Beverage, Metal & Mining, Pulp & Paper, Power Generation, Oil & Gas and Refinery. Based on geography, market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Significant mergers and acquisitions, collaborations, and joint ventures are the industry trends that are playing a major role for the market growth.
The key players in the Specialty Water Treatment Chemicals Market include Arch Chemicals Inc, Bwa Water Additives, Ciba Specialty Chemicals Holding Inc, Culligan Water Technologies Inc, Dow Water & Process Solutions, General Chemical Performance Products LLC, Kurita Water Industries Ltd., Layne Christensen Co., Siemens Water Technologies Corp. and Occidental Chemical Corp.
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