The global water management chemicals market size was valued at USD XX million in 2020 and is anticipated to reach USD XX million by 2028, at a CAGR of XX% during the forecast period.
Water management chemicals, known as water treatment chemicals, are used to treat water by extracting impurities, fungi, algae, harmful bacteria, and viruses. It is referred to as the process of filtration and purification of water. Water management chemicals include chemicals such as chlorine, chlorine dioxide, and ozone to disinfect impurities in water. Rising demand from industries such as food & beverages and pulp & paper is estimated to boost the market. Increasing demand for fresh and filtered water by people raises the demand for water management chemicals. Water management chemicals are adopted globally to maintain healthy lifestyle and avoid the prevalence of numerous diseases.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising demand for safety and maintenance of hygiene in industries that use excessive water and tend to use water management chemicals such as coagulants & flocculants, which disinfect and remove bacterial properties such as fungi and algae from water, is expected to boost the market.
- Nano technologies , which are the substitutes of water management chemicals, are introduced in the market, which hinders the growth of the market
- Increasing preferences towards food & beverages and rising industrialization in sectors such as pulp & paper and petrochemicals creates opportunities for market players in the near future.
Scope of the report:
The report on the global water management chemicals market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Water Management Chemicals Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018 & 2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Corrosion Inhibitors, Coagulants & Flocculants, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, Anti-Foaming Agents, pH Adjustors & Stabilizers, and Others), End-users (Residential, Commercial, Industrial)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered
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BASF SE, Ecolab Inc, Kemira OYJ, Solenis LLC, Akzo Nobel N.V, Baker Hughes Incorporated, Lonza, The DOW Chemical Company, Snf Floerger, Suez S.A, Lukoil, and Gazprom
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Water Management Chemicals Market Segment Insights:
High adoption of coagulants & flocculants in industries to drive the market
Based on types, the water management chemicals market is segmented into corrosion inhibitors, coagulants & flocculants, scale inhibitors, biocides & disinfectants, chelating agents, anti-foaming agents, pH adjustors & stabilizers, and others. The coagulants and flocculants segment is projected to hold a significant share of the market, as they remove excessive amount of impurities such as bacteria and multiple viruses from water. These chemicals disinfect and remove harmful bacteria in water, hence they are adopted by industries such as food & beverages, oil & gas, and petrochemicals. Coagulant is used to extract the colour and turbidity from water.
High use of water management chemicals in industrial sector to drive the market
On the basis of end-users, the water management chemicals market is segmented into residential, commercial, and industrial. The industrial segment dominates the market. Rapid industrialization in some developing economies across the globe boosted the demand for water treatment. Food & beverage, oil & gas, paper & pulp, power generation, and mining are some industries that require water management chemicals to maintain the purification of water to make products.
Rising industrialization in North America to drive the market
In terms of regions, the global water management chemicals market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America holds a large market share, owing to increasing government protocols regarding recycle and reuse of wastewater in the region to maintain healthy lifestyle and avoid the prevalence of numerous diseases. Rising industrialization in sectors such as food & beverages and pulp & paper is estimated to boost the market.
Segments
Segments Covered in the Report
By Types
- Corrosion Inhibitors
- Coagulants & Flocculants
- Scale Inhibitors
- Biocides & Disinfectants
- Chelating Agents
- Anti-Foaming Agents
- pH Adjustors & Stabilizers
- Others
By End-users
- Residential
- Commercial
- Industrial
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- BASF SE
- Ecolab Inc
- Kemira OYJ
- Solenis LLC
- Akzo Nobel N.V
- Baker Hughes Incorporated
- Lonza
- The DOW Chemical Company
- Snf Floerger
- Suez S.A
- Lukoil
- Gazprom
Competitive Landscape
Key players in the global water management chemicals market include BASF SE, Ecolab Inc, Kemira OYJ, Solenis LLC, Akzo Nobel N.V, Baker Hughes Incorporated, Lonza, The DOW Chemical Company, Snf Floerger, Suez S.A, Lukoil, and Gazprom. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.