Global Industrial Water Treatment Chemical Market, By Product Type (Antifoams, Oxygen Scavengers, Corrosion Inhibitors, Biocides and Disinfectants, Oxidants, pH Conditioners, Sludge Conditioners, Scale Inhibitors, Other Product Types), Application (Raw Water Treatment, Water Desalination, Cooling and Boilers, Effluent Water Treatment) – Industry Trends and Forecast to 2029.
Industrial Water Treatment Chemical Market Analysis and Size
The growing demand for the consumption of clean water and rising awareness regarding the importance of water treatment are some of the essential factors which boost the market growth rate during forecast period. The water treatment chemicals in industries help remove microbial contaminants from different water sources such as wastewater, industrial feed, wells, and others, thereby converting them to fresh able water for industrial processes.
Data Bridge Market Research analyses that the industrial water treatment chemical market was valued at USD 12.80 billion in 2021 and is expected to reach USD 20.10 billion by 2029, registering a CAGR of 5.80% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Industrial Water Treatment Chemical Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Antifoams, Oxygen Scavengers, Corrosion Inhibitors, Biocides and Disinfectants, Oxidants, pH Conditioners, Sludge Conditioners, Scale Inhibitors, Other Product Types), Application (Raw Water Treatment, Water Desalination, Cooling and Boilers, Effluent Water Treatment)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Ecolab (U.S.), Kemira (Finland), BASF SE (Germany), Danaher (U.S.), Dow (U.S.), BWA Water Additives UK Limited (U.K.), Solvay (Belgium), Akzo Nobel N.V. (Netherlands), Lonza (Switzerland), Hydrite Chemical (U.S.), Kurita Water Industries Ltd. (Japan), General Electric (U.S.), Acuro Organics Limited (India), Cortec Corporation (U.S.), IEI (India), Carus Group Inc. (U.S.)
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Market Opportunities
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Market Definition
Wastewater treatment is the industrial process of converting the wastewater into soft water to make it usable for the industrial processes. In wastewater treatment the chemical is required to remove microbial contaminants such as protozoa, viruses, unwanted bacteria, and other suspended solid particles from the water. Use of poor water quality in the industry is dangerous for the industrial processing. The chemicals for wastewater treatment are selected on the basis of properties of water and its constituents such as melting point, quantity, boiling point density, and the velocity.
Global Industrial Water Treatment Chemical Market Dynamics
Drivers
- Rising awareness for the usage of treated water
Growing awareness about the intake of treated water has contributed considerably to the adoption of water treatment systems that can help to avoid the spread of aquatic diseases. The adoption of chemical for industrial water treatment is growing because of their capability to offer safe water, free from pollutants endangering human health.
- Rise in industrialization
Rise in industrialization has increased the demand for the pure water are expected to be the major driving factors for the growth of the market. Several industries require water in large amounts for day to day actions. With the help of Industrial water treatment chemicals, industries can reuse water repeatedly for operational work. These factors are responsible for increasing industrialization and leading to major industrial water treatment chemical market growth.
Moreover, the strict guidelines regarding the treatment of industrial wastes and the exhausting of freshwater resources are also some major factors which are anticipated to boost the growth of the industrial wastewater treatment market during the forecast period.
Opportunities
- Government initiatives towards industrial water treatment chemical market
Government is taking various initiatives for cleaning industrial water due to the rise in the population which is expected to be one of the major driving factors for the market growth. Numerous regulatory authorities such as Environmental Protection Agency (EPA), SDWA, CWA and other authorities has imposed regulation relating to wastewater treatments and industrial discharge. The heightened sustainability and regulatory mandates have augmented industrial wastewater treatment and water purification demand. These are some primary reason which is providing opportunities for the water treatment chemical manufacturers in the global market. The wastewater effluent regulations recognized under the Fisheries Act comprise minimum effluent quality standards that wastewater treatment can achieve. The growing concerns regarding environmental safety and the increasing awareness regarding the better-quality of drinking water are anticipated to upsurge the demand for the industrial wastewater treatment chemicals during the forecast period.
Restraints/ Challenges
- Alternative water treatment technologies
The physical water treatment technologies, such as RO filtration and UV disinfection are preferred over the water treatment chemicals in water treatment sector. With growing government regulations and environmental concerns, the water treatment chemicals market is progressively moving toward these sustainable options. These technologies will minimalize the use of chemicals in water treatment processes which will become the main challenge for the growth of the industrial water treatment chemical market.
Furthermore, copying patents and eco-friendly formulations might further challenge the growth of the industrial wastewater treatment market during the forecast period.
This industrial water treatment chemical market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the industrial water treatment chemical market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Industrial Water Treatment Chemical Market
The outbreak of coronavirus pandemic has an insignificant impact on the global industrial water treatment chemical market. Several government has imposed restriction due to which numerous manufacturing activities were postponed which, in turn, resulted into decreased in demand for oil and gas and other industrial products. Furthermore, the growth of market was further challenged by the subsequent lockdown norms and disruptions in the supply chain by several countries that led to a temporary halt in the shutdown of production units and operations.
Recent Development
- In August 2021, The Energy and Resources Institute of New Delhi created a technology named The Advanced Oxidation Technology or TADOX® which decreases dependence and less load on biological and tertiary treatment systems that help to attain Zero Liquid Discharge (ZLD).
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Industrial Water Treatment Chemical Market Scope
The industrial water treatment chemical market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Antifoams
- Oxygen Scavengers
- Corrosion Inhibitors
- Biocides and Disinfectants
- Oxidants
- pH Conditioners
- Sludge Conditioners
- Scale Inhibitors
- Other Product Types
Application
- Raw Water Treatment
- Water Desalination
- Cooling and Boilers
- Effluent Water Treatment
Industrial Water Treatment Chemical Market Regional Analysis/Insights
The industrial water treatment chemical market is analysed and market size insights and trends are provided by country, product type and application as referenced above.
The countries covered in the industrial water treatment chemical market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the industrial water treatment chemical market in terms of revenue and market share. This is due to increase in demand from the mining, food and beverage, chemical, power generation, pulp and paper, and textile industries. Moreover, the changing demographics such as strict regulations related to wastewater treatment and improvising living standards will further boost the growth of the industrial wastewater treatment market in this region.
Europe is anticipated to be the fastest developing during the forecast period of 2022-2029 due to strict laws and directives in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industrial Water Treatment Chemical Market Share Analysis
The industrial water treatment chemical market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial water treatment chemical market.
Some of the major players operating in the industrial water treatment chemical market are:
- Ecolab (U.S.)
- Kemira (Finland)
- BASF SE (Germany)
- Danaher (U.S.)
- Dow (U.S.)
- BWA Water Additives UK Limited (U.K.)
- Solvay (Belgium)
- Akzo Nobel N.V. (Netherlands)
- Lonza (Switzerland)
- Hydrite Chemical (U.S.)
- Kurita Water Industries Ltd. (Japan)
- General Electric (U.S.)
- Acuro Organics Limited (India)
- Cortec Corporation (U.S.)
- IEI (India)
- Carus Group Inc.(U.S.)
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