The South America Water Treatment Chemicals Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 3.5% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand for chemically treated water from different end-user segments, as well as strict regulatory and sustainability obligations affecting the environment.
Water treatment chemicals are a specific sort of chemical that is used to remove pollutants and contaminants from water. Both industrial and municipal water are commonly treated with water treatment chemicals. The majority of water treatment chemicals are used to clean municipal water for drinking and cleaning water. The demand for water treatment chemicals is increasing as people become more conscious of the need of clean and safe water, as well as government laws governing waste water treatment. Water treatment chemicals are employed in a variety of applications, including the treatment of used or dirty water from a variety of end-user industries, such as residential, commercial, and industrial.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing development of the industrial sector and urbanization are estimated to fuel the market during the forecast period.
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Strict rules and regulations of government is a key factor propelling the market in the coming years.
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Toxic effects of water treatment chemicals are expected to hamper the market growth.
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Alternate options of water treatment techniques act as major challenge that can hinder the market during the forecast period.
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R&D investment and technological advancement is anticipated to create immense opportunities for the market players.
Scope of the Report
The report on the South America 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.
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Attributes
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Details
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Report Title
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South America Water Treatment Chemicals Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Type (Flocculants & Coagulants, Biocides & Disinfectants, Defoamer & Defoaming Agent, pH Adjuster & Softener, Scale & Corrosion Inhibitor, and Others), End-user Industry (Power Generation, Oil & Gas, Chemical Manufacturing, Mining & Mineral Processing, Municipal, Food & Beverage, Pulp & Paper, and Others)
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Geographical Scope
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Brazil, Argentina, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Suez; Kemira; Kurita Water Industries Ltd.; So lenis; and Ecolab
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Market Segment Insights
The flocculants & coagulants segment is projected to hold a major market share
Based on product type, the South America water treatment chemicals market is divided into flocculants & coagulants, biocides & disinfectants, defoamer & defoaming agent, pH adjuster & softener, scale & corrosion inhibitor, and others. The flocculants & coagulants segment is expected to represent a key share of the market during the forecast period. Coagulation and flocculation are widely used in oil and gas chemical tanks. Organic and inorganic substances such as aluminum hydroxide chloride and aluminum sulfate are used as coagulants. Coagulants are used to remove 90 percent of suspended particulates from wastewater throughout the treatment process.
The oil & gas segment is expected to grow at a rapid pace
In terms of end-user industry, the South America water treatment chemicals market is segregated into power generation, oil & gas, chemical manufacturing, mining & mineral processing, municipal, food & beverage, pulp & paper, and others. The oil & gas segment is expected to represent a key share of the market during the forecast period owing to budgetary limitations and decreasing freshwater supplies, several oil and gas producers are continuously developing technology to reuse water. Water is collected from the source known as produced water during the oil extraction process, which is the greatest waste stream generated in this sector. This generated water is made up of a variety of organic and inorganic components that must be removed from it. To assure boiler feed water quality, processes such as pre-treatment, demineralization, and silica removal must be carried out. In recent years, the region's oil and gas output has increased significantly, notably in nations like Brazil, Colombia, and Peru.
Brazil is expected to dominate the market
On the basis of geography, the South America water treatment chemicals market is classified as Brazil, Argentina, and Rest of South America. Brazil is anticipated to dominate the market during the forecast period. Water treatment chemicals are utilized in the country's food and beverage, oil and gas, chemical plants, municipal, and mining sectors. In recent years, the oil and gas industry has experienced tremendous expansion. According to the national agency of petroleum, natural gas, and biofuels, or ANP, the country's oil output may reach more than 5 million barrels per day during the forecast period. The country's demand for water treatment chemicals is anticipated to rise as the oil and gas sector expands. Furthermore, Brazil lacks adequate sewage treatment infrastructure, with even big cities only being able to handle a tiny percentage of the wastewater produced. As a result, the government intends to construct enough water treatment facilities, which results in an increase in the use of water treatment chemicals.
Segments
The South America water treatment chemicals market has been segmented on the basis of
Product Type
- Flocculants & Coagulants
- Biocides & Disinfectants
- Defoamer & Defoaming Agent
- pH Adjuster & Softener
- Scale & Corrosion Inhibitor
- Others
End-user Industry
- Power Generation
- Oil & Gas
- Chemical Manufacturing
- Mining & Mineral Processing
- Municipal
- Food & Beverage
- Pulp & Paper
- Others
Geography
- Brazil
- Argentina
- Rest of South America
Key Players
- Suez
- Kemira
- Kurita Water Industries Ltd.
- Solenis
- Ecolab
Competitive Landscape
Key players competing in the South America water treatment chemicals market include Suez, Kemira, Kurita Water Industries Ltd., Solenis, and Ecolab.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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