November 25, 2019
According to the research report titled ‘Global Water Treatment Chemicals Market: Analysis By Type (Corrosion Inhibitors, Oxidizers & Biocides, Scale Inhibitors, pH Adjusters, Coagulants), By End-User, By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023)-- By End-User (Municipal, Paper & Pulp, Power Generation, Food & Beverages, Refinery), By Country (U.S., Canada, Germany, United Kingdom, France, Italy, China, Japan, India)’ available with Market Study Report LLC, the global water treatment chemicals market is expected to grow with a CAGR of 6.18% during the period of 2018-2023.
Surging need of water by power industries and municipal sector, coupled with increasing demand for electricity are driving the growth of the global water treatment chemicals market. Rising water pollution leading to environmental concerns in tandem with growing awareness about the water-borne diseases will further boost the market growth.
As per product type, water treatment chemicals market is segmented into scale inhibitors, pH adjusters, oxidizers & biocides, corrosion inhibitors, and coagulants and flocculants, in which the later segment is presumed to gain lucrative growth opportunities over the forecast period. In terms of end-user spectrum, the market is fragmented into power sector, municipal sector, paper & pulp, oil & gas, and others.
Considering the geographical landscape, the global water treatment chemicals market is divided into regions namely Europe, North America, Asia-Pacific, and rest of the world with key focus on countries which include Canada, US, Germany, UK, Italy, France, Japan, China, and India. The report cites that although North America water treatment chemicals market held the largest regional share in 2017, the APAC region is expected to grow substantially in the upcoming years, owing to rise in number of industries and growing population across the region.
The key players in the global water treatment chemicals market are Ecolab, BASF, Kemira, Solenis and Buckman Laboratories.
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The research report on water treatment chemicals market elaborate on product portfolio and market development strategies which facilitates entrepreneurs to evaluate their investments thoroughly. The competitive landscape of the market is analyzed through product benchmarking, Porter’s Five Force method, and SWOT analysis.
Moreover, the study provides crucial statistics on the current size of water treatment chemicals market, its position and prevailing growth factors. It encompasses details about the segmental revenue shares and analyzes the market dynamics.
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