Industrial Water Treatment Chemicals Market Worth $21.23 Billion By 2030

Industrial Water Treatment Chemicals Market Growth & Trends

The global industrial water treatment chemicals market size is expected to reach USD 21.23 billion by 2030, registering a CAGR of 4.9% during the forecast period, according to Grand View Research, Inc. The growth is majorly driven by growing demand for freshwater and favorable regulatory support for water treatment.

High requirement for drinkable water across the world has surged demand for the chemicals that are utilized in cleaning. The environment is seriously endangered by company waste. Due to accelerating urbanization, a rising economy, and expanding industrial activity, freshwater is witnessing high demand.

The U.S. Environmental Protection Agency (EPA) establishes national standards to ensure that consumption by humans is safe while considering the country's available technology and associated costs. The Safe Drinking Water Act and its amendments set up the fundamental framework for safeguarding the solution used by public systems in the U.S. This law specifies the requirements for guaranteeing the security of the nation's municipal drinking supplies. Systems that regularly serve 25 or more people per day or that have at least 15 service connections are considered public drinking sources.

In response to COVID-19, the governments of the affected economies have resorted to lockdowns and social distancing that have impacted the global supply chains. Several manufacturing activities were suspended which in turn, to resulted in the decline in sales of oil & gas and other industrial products. Moreover, due to the supply disruption, the price of raw materials increased significantly which in turn, was followed by an increase in the cost of treatment chemicals.

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Industrial Water Treatment Chemicals Market Report Highlights

• Effluent water treatment application is expected to witness the fastest growth rate of 5.1% on account of stringent wastewater disposal limitations imposed by the major international as well as regional regulatory bodies

• Raw treatment is also estimated to witness a notable growth rate. Due to the presence of suspended particles and heavy metals, the demand for pretreated industrial water is anticipated to increase especially in key countries such as the U.S., China, India, the UK, Germany, and Brazil

• During the forecasted years, it is anticipated that the presence of manufacturing facilities in the chemical, pharmaceutical, food & beverage, and automotive sectors in the U.S. and Canada would play a significant role in driving up demand for treatment services, thus triggering demand in the North America region

• Key players in the market are engaged in R&D activities coupled with mergers & acquisitions to gain a higher share of the market. For instance, Ecolab purchased Purolite a purification and separation life science solution provider in October 2021

Industrial Water Treatment Chemicals Market Segmentation

Grand View Research has segmented the global industrial water treatment chemicals market report based on the application and region:

Industrial Water Treatment Chemicals Application Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

• Raw Water Treatment

  • Deoiling Polyelectrolytes (DOPE)

  • Organic Coagulants

  • Flocculants

  • Filtration Aids

  • Dewatering Aids

  • Others

• Water Desalination

  • Biocides

  • Cleaning Agents

    • Carbonates

    • Sulfates

    • Metal Oxides

    • Silica

    • Chelating Agents incl. NaOH

    • Biofilms

    • Others

  • Antiscalants

  • Flocculants

  • Defoaming Agents

  • Others

• Cooling & Boilers

  • Sludge Controllers

  • Antifoams

  • Antiscalants

  • Oxygen Scavengers

  • Others

• Effluent Water Treatment

  • Deoiling Polyelectrolytes (DOPE)

  • Organic Coagulants

  • Flocculants

  • Filtration Aids

  • Dewatering Aids

  • Others

• Others

Industrial Water Treatment Chemicals Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Belgium

  • Sweden

  • Austria

  • Finland

  • Poland

  • Turkey

• Asia Pacific

  • China

  • Japan

  • South Korea

  • India

  • Singapore

  • Indonesia

  • Thailand

  • Vietnam

  • Australia

  • New Zealand

  • CIS

  • Indonesia

  • Rest of Asia Pacific

• Latin America

  • Brazil

  • Argentina

  • Chile

• Middle East & Africa

  • South Africa

List of Key Players in the Industrial Water Treatment Chemical Market

• BWA Water Additives.

• The Dow Chemical Company

• Cortec Corporation

• Buck man Laboratories International Inc.

• AkzoNobel N.V.

• Solvay S.A.

• Solenis LLC

• Kemira Oyj

• Snf Floerger

• Suez S.A

• Ecolab Incorporated

• BASF SE

• Clariant