Pune, India -- (SBWIRE) -- 06/01/2018 -- Market Highlights

Water Treatment Chemicals are used for the treatment of water in boilers, cooling towers, and effluents from industries and sewage treatment plants. The rising population in emerging countries has become the reason for the growth of the Global Water Treatment Chemicals Market. Power generation and oil & gas industries extensively use water treatment chemicals. The restraining factors towards the growth of the market are increasing water treatment chemicals prices and presence of alternate treatment technologies. Asia-Pacific contributes largely to the market, followed by North-America and Europe. The Global Water Treatment Chemicals Market is projected from around USD 19.80 Billion in 2015 to cross USD 26 Billion in 2022, at a CAGR of approximately 5% in the forecasted period.

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Market Research Analysis

The market is highly application based. The key factors contributing to the growth of the global water treatment chemicals market is the increasing world population, which fuels the demand for treated water. This is further stimulated by the increased industrial activities. The market is expected to have higher growth rate as compared to the previous years. The share is attributed to the growth industry, especially from the regions of India and China. Asia-Pacific is the fastest growing region for the water treatment chemicals market, followed by North-America and Europe. The main reason for the growth in the region include increasing awareness about water borne diseases and scarcity in the pure and clean drinking water.

Scope of the Report

This study provides an overview of the Global Water Treatment Chemicals Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Water Treatment Chemicals Market as type and application. On the basis of type it is segmented as corrosion inhibitor, scale inhibitor, biocides & disinfectant, chelating agents, anti-foaming agents and others. On the basis of application it is widely used in municipal water treatment, food & beverage, chemical processing, oil & gas, power generation and others.

Leading Key Players

GE Water & Process Technologies
Ashland Inc.
Kemira Oyj
Ecolab
The Dow Chemical Company
Akzo Nobel N.V.
BASF SE
Buckman Laboratories International Inc
Solvay S.A
Cortec Corporation

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