The modern-day document posted via Report Ocean, titled “Water Treatment Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
In 2015, the world water treatment chemicals market was valued at $23,197.2 million and is expected to grow further at a CAGR of 4.5% during 2016-2022. Water constitutes an essential part of our day-to-day life and pure water is crucial for the well-being of our community. Water is a universal solvent, but solids, such as clay, fine sand, dust, and rust are not soluble in water, resulting in cloudiness and are technically known as total suspended solids (TSS). Water treatment is carried out to decrease these TSS levels as per the end user requirement, and hence, differ depending on the TSS level, location, and application. The market for the world water treatment chemicals comprises various chemicals used in the water treatment processes.
Request To Download Sample of This Strategic Report:– https://reportocean.com/industry-verticals/sample-request?report_id=31404
Increasing consumption of water across the globe, coupled with stringent government regulations on the TSS level of the water, drives the world water treatment chemicals market. In addition, increasing industrial activities and growth in world population drives the world market for the water treatment chemicals. However, factors such as increasing water treatment chemicals prices and presence of alternate treatment technologies is expected to hamper the market growth.
Based on type of water treatment chemicals, the market is segmented into coagulants, pH adjusters & softeners, flocculants, biocides & disinfectants, scale inhibitors & dispersants, corrosion inhibitors, and others. With technological development in the water treatment industry, usage of treatment equipment has increased, thereby increasing the consumption of corrosion inhibitors across the globe. Hence, in 2015, the corrosion inhibitors segment occupied the highest share of 22.8% in the world water treatment chemicals market.
Based on application, the market is segmented into industrial, municipal, and others. The industrial water treatment application is further sub-segmented into power generation, refineries, pulp & paper, metal & mining, food & beverages, oil & gas, sugar, and others. In 2015, the power generation sub-segment occupied the highest share of 29.3% in the industrial water treatment chemicals market, as large amount of treated water is required to produce electricity. In addition, increasing per capita consumption of power has increased the demand for the electricity across the globe, which in turn increases the demand for water treatment chemicals in the power industry. Municipal water is the key segment for water treatment chemicals as they protect humans from health hazards.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific and LAMEA. In 2015, Asia-Pacific occupied 32.8% in the world water treatment chemicals, with China and India as the major countries contributing the growth. Rapid increase in population coupled with scarcity in pure & clean drinking water are the significant factors responsible for the growth of the water treatment chemicals market in the Asia-Pacific region.
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=31404
The companies have employed agreement, acquisition, collaboration, partnership, expansion, and product & technology launch in order to gain competitive advantage in this market. BASF SE has primarily adopted the agreement strategy that helped it to expand its geographic reach and distribute its products in Mexico, Central America, Midwestern United States and Canada.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY MARKET BENEFITS:
The report provides extensive analyses of the factors, which drive or restrict the growth of the world water treatment chemicals market.
The market projections for the period 2015-2022 have been included along with the impacting factors.
The report also provides quantitative as well as qualitative trends to assist the stakeholders in understanding the market scenario.
In-depth analyses of key segments of the market demonstrates the consumption pattern of water treatment chemicals for different applications across various end user industries.
SWOT analysis facilitates the study of the internal environment of leading companies for strategy formulation.
Competitive intelligence highlights the business practices adopted by the leading market players across various geographies.
The key players profiled in the report include Kemira Oyj, GE Water & Process Technologies, BASF SE, Ecolab Incorporated, BWA Water Additives, Cortec Corporation, The Dow Chemical Company, Buckman Laboratories International Inc., Solvay S.A., and AkzoNobel N.V.
WATER TREATMENT CHEMICALS KEY SEGMENTS:
World water treatment chemicals market is segmented as:
By Type
Coagulants
pH adjusters & softeners
Flocculants
Biocides & disinfectants
Scale inhibitors & dispersants
Corrosion inhibitors
Others
Request To Download Sample of This Strategic Report:-– https://reportocean.com/industry-verticals/sample-request?report_id=31404
By End Use
Municipal Water
Industrial Water
Power generation
Refineries
Pulp & paper
Metal & mining
Food & beverages
Oil & gas
Sugar
Others
By Geography
North America
U.S.
Canada
Others
Europe
Germany
Italy
France
U.K.
Others
Asia-Pacific
China
India
Others
LAMEA
Brazil
Argentina
Saudi Arabia
Others
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
Request full Report :- – https://reportocean.com/industry-verticals/sample-request?report_id=31404
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website: https://reportocean.com