Europe Water Treatment Chemicals Market

Europe Water Treatment Chemicals Market Outlook 2031:

The Europe water treatment chemicals market size was valued at USD 2.93 Billion in 2022 and is projected to reach USD 4.30 Billion by 2031, expanding at a CAGR of 4.35% during the forecast period 2023 - 2031. Growth of the market is attributed to rapid urbanization, rising demand for fresh & safe water, and increasing number of chemical manufacturing plants.

For the reuse purpose of water in end-user industry like industrial purposes, drinking, irrigation, and cooking, the different methods & process are used by chemical industry. The wastewater effluent treatment, boiler water treatment, water purifications, and cooling water treatment are the four basic treatments for which the water treatment methods are used. Minerals, suspended solids, algae, viruses, bacteria, and fungi are the substances removed from water during the water treatment. Both chemical & physical methods are involved in the water treatment process.

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In this process the chemicals which are used are known as water treatment chemicals.The covid-19 pandemic impacted the supply & demand of the Europe water treatment chemicals market. Decreasing supply of raw materials, lockdown across the globe, and supply chain disorders forced companies to close down production leading to unfortunate decline in market growth.

Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Europe Water Treatment Chemicals Market Trends, Drivers, Restraints, and Opportunities

• Increasing uses of water treatment chemicals in chemicals manufacturing sector is projected to boost the market.
• Rapid innovations in water treatment chemicals technologies are the major factors fueling the market.
• Lack of awareness about the water treatment chemicals is projected to restrict the market expansion during the forecast period.
• High price of services is anticipated to hamper the market growth in the coming years.
• R&D investment and technological advancement in water treatment chemicals market is projected to offer lucrative opportunities for the market players

Scope of the Europe Water Treatment Chemicals Market Report

The report on the Europe water treatment chemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Europe Water Treatment Chemicals Market Segment Insights

The power segment accounts for key share of the market

Based on end-user industry, the Europe water treatment chemicals market is fragmented into mining & mineral processing, pulp & paper, power, food & beverages, gas & oil, municipal, chemical manufacturing, and others.

The power segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing research & development activities. However, the chemical manufacturing segment is anticipated to expand at a rapid pace during the forecast period due to increasing per capita income, stringent regulations to produce & dispose wastewater, and rising demand for water treatment chemicals from mining sector.

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The biocides & disinfectants segment is anticipated to hold significant market share

On the basis of product types, the market is divided into defoaming agents & defoamers, scale inhibitors & corrosion, flocculants & coagulants, softeners & pH adjusters, biocides & disinfectants, and others. The biocides & disinfectants segment accounts for a significant share of the market.

of the market is attributed to customers focus shifting towards green chemicals and rapid technological advancement in industrial development & infrastructure. The defoaming agents & defoamers are anticipated to expand at a rapid pace during the forecast period due to factors such as rising investment by government & private sectors, rapidly growing population, and increasing demand for power & Industrial appliances.

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Germany is estimated to hold major market share

On the basis of region, the Europe water treatment chemicals market is categorized as United Kingdom, Russia, France, Switzerland, Italy, Germany, and Rest of the Europe.

The market of United Kingdom is estimated to expand at a high CAGR during the forecast period due to factors such as increasing requirement of clean water in power plant and rising ground & surface water pollutions. The market of Germany is estimated to hold a major market share due to increasing demand for electricity, rising usages of water treatment chemicals in different process of manufacturing, and increasing awareness among people.

Segments

The Europe water treatment chemicals market has been segmented on the basis of

Product Types

• Defoaming Agents & Defoamers
• Scale Inhibitors & Corrosion
• Flocculants & Coagulants
• Softeners & pH Adjusters
• Biocides & Disinfectants
• Others

End-user Industry

• Mining & Mineral Processing
• Pulp & Paper
• Power
• Food & Beverages
• Gas & Oil
• Municipal
• Chemical Manufacturing
• Others

Geography

• United Kingdom
• Russia
• France
• Switzerland
• Italy
• Germany
• Rest of the Europe

Key Players

• SUEZ
• Kurita Water Industries Ltd.
• Solvay S.A.
• Solenis Manufacturing Company
• Dow Jones Industrial Average
• Kemira Chemical Company
• Ecolab, Inc.
• Lonza Group AG
• SNF

Competitive Landscape

Key players competing in the Europe water treatment chemicals market include SUEZ; Kurita Water Industries Ltd.; Solvay S.A.; Solenis Manufacturing Company; Dow Jones Industrial Average; Kemira Chemical Company; Ecolab, Inc.; Lonza Group AG; and SNF

Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.