Global Water Treatment Chemicals Market Demand & Forecast Analysis, 2016-2032

Executive Summary : - 

The major types of water treatment chemicals are flocculants, coagulants, biocides & disinfectants, defoamers & defoaming agents, corrosion inhibitors, scale inhibitors and other water treatment chemicals. The global market is expected to be driven by the increase in demand to treat ground water pollution and also an increase in demand for chemically treated water from the energy and industrial sector. Regulation and increasing awareness and concerns about environment is likely to increase the demand during the forecast period.

Amongst the major water treatment chemicals, the coagulants & flocculants account for the largest market share in 2016-2017. The demand for the coagulants & flocculants is anticipated to grow at a faster rate. The increase in use in municipal water treatment is also likely to add to this demand and hence the demand of the coagulants & flocculants is estimated to retain its market share in the long-term forecast.

With growing population, increasing disposable income and increased per capita consumption in the region along with stringent regulations, the growth of market for water treatment chemicals is inevitable. The growth of the water treatment chemicals can be attributed to the growth witnessed in the increase in population, construction, industrialization and rapid urbanisation in the developing economies of the world.

Water treatment chemical demand patterns are very different between various regions and countries. Demand growth for water treatment chemicals will be below global averages in the mature economies like Western Europe, USA and Japan. While at the same time it will be much higher in Asian countries like China, India, South East Asia and Rest of the world. The water treatment market is estimated to grow at a CAGR of 4.5% in terms of volume in the long-term forecast.